India's first display fab to be set up in Telangana with investment of Rs 24,000 crore. Rajesh Exports, a gold retailer based in Bangalore, has announced plans to invest $3 billion to build India's first display manufacturing plant.
The Ministry of Statistics and Programme Implementation, India's headline retail inflation rate eased to 7.04 percent in May from April's near-eight-year high of 7.79 percent thanks to a favourable base effect.