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Retail Inflation Hits Six-Year Low of 2.1% in June 2025

Headline retail inflation in India has fallen to a six-year low of 2.1% in June 2025, providing significant relief to consumers. This decline is primarily attributed to lower prices of essential food items, including vegetables, pulses, meat, and milk. Concurrently, wholesale price inflation (WPI) also dipped into negative territory for the first time in 19 months, registering a decline of 0.13% in June, driven by reduced costs in food and fuel.
According to data from the National Statistics Office (NSO), the consumer price index (CPI) showed inflation at 2.82% in May 2025 and 5.08% in June 2024. The significant drop in inflation is noteworthy, with 1.97% being the previous low recorded in January 2019. The government highlighted that the decrease in both headline and food inflation during June was largely due to a favorable base effect and falling prices in various food categories.
Economic Insights from Industry Experts
Aditi Nayar, chief economist at ICRA Ltd, emphasized that the cooling inflation was predominantly driven by the food and beverages sector, marking a shift after 75 months of higher rates. She noted that deflation was evident in 11 out of 12 sub-categories, including significant reductions in prices for vegetables, pulses, spices, and meat.
Despite this positive trend, Nayar expressed concerns regarding potential adverse weather conditions, such as heavy rainfall and flooding, which could impact crop yields and ultimately affect food prices.
Looking ahead, inflation in food prices has shown a seasonal increase in July 2025, although it remains less severe compared to the same period last year, particularly for vegetables.
Wholesale Price Inflation Trends
In terms of wholesale inflation, June marked a significant shift as it turned negative, with a 0.13% decline reported. This shift follows a 0.39% increase in May and a 3.43% rise in the same month last year. The industry ministry’s data revealed a notable deflation of 3.75% in food articles, which is a considerable change from the 1.56% deflation recorded in May. Notably, vegetables saw a 22.65% deflation in June compared to 21.62% in May.
The ministry stated that the negative inflation rate in June was primarily due to decreased prices in food articles, mineral oils, and the manufacturing of basic metals, alongside crude petroleum and natural gas. In the manufactured products category, inflation stood at 1.97%, slightly down from 2.04% in May. Furthermore, the fuel and power sector experienced deflation of 2.65% in June, compared to 2.27% in the previous month.
Hemant Jain, president of the PHD Chamber of Commerce and Industry (PHDCCI), remarked that the continuous decline in WPI inflation over seven months is encouraging for India’s economic growth. He anticipates that, considering the rise in domestic demand, expectations of a normal monsoon, and robust overall economic activity, WPI inflation will remain moderate in the upcoming months, despite ongoing geopolitical uncertainties.
The data released indicates a positive economic outlook, suggesting that consumers may continue to benefit from lower prices in essential goods as inflation trends evolve.
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Keeladi Excavations Unveil Insights into Ancient Tamil Civilization

The Tamil Nadu state archaeology department has made significant strides in uncovering the history of the ancient Tamil civilization at the excavation site of Keeladi. Since taking over excavations from the Archaeological Survey of India (ASI) in 2018, the department has obtained 29 radiocarbon dates from the US laboratory Beta Analytics. These dates, ranging from 580 BCE to 200 CE, confirm that Keeladi was contemporaneous with the urbanization of the Gangetic plains, linking it to India’s second wave of urbanization that began in the 6th century BCE.
Insights from Excavation
Archaeologists have meticulously examined a variety of artifacts to understand how people lived along the banks of the Vaigai River approximately 2,500 years ago. The findings include residue in bowls and potsherds, as well as skulls and bone fragments. Additionally, the discovery of fossilized algae in terracotta pipes and ring wells has provided further insights into the daily lives of these ancient communities.
These excavations not only highlight the advanced nature of this early civilization but also suggest the presence of complex societal structures and trade activities. The evidence collected from Keeladi indicates that the inhabitants engaged in agricultural practices and had sophisticated methods of water management, which would have been crucial for sustaining their way of life.
Cultural and Historical Significance
The historical context of Keeladi sheds light on the broader narrative of ancient Indian history, particularly the evolution of urban centers in the region. The site’s findings have the potential to reshape the understanding of ancient Tamil culture, which has often been overshadowed by narratives centered on other historical regions.
According to experts, the artifacts and radiocarbon dating reveal that Tamil Nadu was a vibrant hub of activity and culture long before many other regions in India. This challenges existing historical timelines and emphasizes the importance of further archaeological research in uncovering the complexities of early Tamil civilization.
The ongoing efforts at Keeladi underscore the significance of archaeology in piecing together the past. As excavations continue, the Tamil Nadu state archaeology department aims to preserve and promote the historical heritage of the area, fostering a deeper appreciation for the region’s ancient roots.
With these developments, Keeladi stands as a testament to the rich history of the Tamil people and serves as an important site for both scholars and enthusiasts eager to learn more about India’s ancient civilizations.
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SBI Announces QIP Floor Price at ₹811.05 per Share

The State Bank of India (SBI) has set the floor price for its upcoming Qualified Institutional Placement (QIP) at ₹811.05 per share. This decision comes as the bank prepares to raise funds through the issuance of new equity shares aimed at bolstering its capital base.
The floor price reflects a discount of nearly 2.5% from the current market price of SBI shares. This pricing strategy is designed to attract institutional investors while ensuring that the bank can effectively tap into the capital markets amid ongoing economic challenges.
Financial Context and Implications
SBI’s move to establish this floor price is significant in the context of the Indian banking sector, which has faced various pressures over the past year. The QIP is expected to enhance the bank’s capital adequacy ratio, allowing it to better support its lending activities and meet regulatory requirements.
Investors are likely to view this QIP as a strategic opportunity, particularly given the bank’s strong performance metrics and its role as a leading financial institution in India. The funds raised through this initiative will be pivotal in financing growth initiatives and expanding SBI’s market presence.
Market Reactions and Future Prospects
Market analysts are closely monitoring SBI’s QIP, as the response from institutional investors could set the tone for future capital raising efforts within the sector. The bank’s decision to offer shares at a discounted rate may incentivize participation, ultimately benefiting its long-term financial health.
As of October 2023, SBI continues to be a key player in the Indian banking landscape, and this latest financial maneuver illustrates its commitment to maintaining a robust capital structure. By positioning itself strategically within the market, SBI aims to navigate the complexities of the financial environment while delivering value to its shareholders.
In summary, the establishment of a floor price at ₹811.05 per share is a calculated step for SBI, reflecting both its growth ambitions and the current market conditions. Investors and analysts alike will be watching closely as the QIP unfolds, anticipating its impact on the bank’s trajectory in the coming months.
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Centre Appoints Puneet Kumar Goel as New Chief Secretary of Manipur

The Government of India has appointed Puneet Kumar Goel as the new Chief Secretary of Manipur, effective July 16, 2025. This decision was announced through an order issued by the Ministry of Home Affairs. Goel, an officer from the 1991 batch of the AGMUT cadre, replaces Prashant Kumar Singh, who is from the 1993 batch of the Manipur cadre.
Singh has been reassigned as the Secretary of the National Commission for Scheduled Tribes. He previously took up the role of Chief Secretary of Manipur in January 2025, a position that demands significant administrative expertise and leadership within the state.
Background of the New Chief Secretary
Puneet Kumar Goel brings a wealth of experience to the role, having served in various capacities across different regions. His extensive background in administration is expected to enhance the governance structure in Manipur. The Chief Secretary plays a pivotal role in coordinating the activities of the state government and ensuring effective implementation of policies, making Goel’s experience particularly relevant in this context.
The appointment of Goel comes at a critical time for Manipur, which has been navigating various socio-economic challenges. With effective leadership, the government hopes to address pressing issues and foster development in the region.
Implications of Leadership Changes
The transition from Singh to Goel signifies a strategic move by the central government to bolster administrative efficiency in Manipur. Leadership changes at such levels often reflect broader governmental priorities and the need for fresh perspectives on state management.
Officials and stakeholders in Manipur will be observing how Goel’s approach influences governance and policy implementation. His success in this role will likely depend on his ability to engage with local leaders and address the unique challenges faced by the state.
The new appointment highlights the dynamic nature of administrative roles in India and the central government’s ongoing efforts to ensure effective governance across various regions.
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WWE Keeps Seth Rollins’ MITB Contract: Five Key Reasons Explained

Seth Rollins continues to hold the Money in the Bank (MITB) contract despite his recent injury. The WWE has not moved to strip him of this significant opportunity, which allows him until June 2026 to cash in. This decision reflects the company’s confidence in his potential return and the strategic value of maintaining his storyline presence in the championship picture.
One major factor is the belief that Rollins will recover and return to action well before the cash-in deadline. This timeline gives the WWE a sense of creative flexibility, allowing Rollins time to heal without losing momentum in his narrative arc. The organization has a history of not immediately utilizing the MITB contract, often opting for a slow-burn approach that can enhance storytelling.
The recent decision to keep the briefcase in Rollins’ possession indicates WWE’s long-term plans for him. Historically, the company has rarely stripped injured MITB holders of their contracts, and this precedent continues to hold true in Rollins’ case. His faction, which has generated considerable buzz since WrestleMania, remains a significant storyline element, even in his absence.
Adding to the intrigue, WWE’s Paul Heyman has been showcasing the MITB contract on weekly episodes of RAW. This ongoing promotion keeps Rollins’ faction relevant and maintains fan interest, suggesting that an impactful moment could occur at any time. The unpredictability associated with Rollins holding the briefcase creates tension around title matches, as fans remain engaged, eager to witness a potential cash-in.
One of the most compelling reasons for maintaining Rollins’ hold on the MITB contract is speculation regarding another major cash-in moment. Reports suggest that WWE may be planning a surprise akin to Rollins’ iconic WrestleMania 31 cash-in, which is widely regarded as one of the most memorable moments in WWE history. Whether this event unfolds at SummerSlam 2025 or WrestleMania 42, the potential for a dramatic surprise remains alive, keeping fans on the edge of their seats.
In summary, WWE’s decision to retain Seth Rollins’ Money in the Bank contract is rooted in confidence regarding his recovery, strategic narrative planning, and a commitment to maintaining fan engagement. With unpredictability at its core, the potential for a significant moment makes the ongoing storyline one of the most exciting aspects of WWE programming today.
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