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India’s retail inflation dropped to a 15-month low at 5.66% in March, according to data released by the Ministry of Statistics and Program Implementation (MoSPI) on Monday. The fall was mainly due to a decline in the prices of essential commodities such as vegetables, meat, fish, and oil. Food inflation also decreased to 4.79% in March from 5.95% in February. The data collected by the National Statistical Office (NSO) from 1,114 urban markets and 1,181 villages covering all states through personal visits by field staff shows that inflation eased to 5.51% in rural areas and 5.89% in urban areas.

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Next Round of Russia-Ukraine Talks Expected in Istanbul This Weekend

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The official Russian news agency TASS reported that the next round of peace talks between Moscow and Kyiv is expected to be held this weekend in Istanbul. A source said the exact dates are still being finalized. Ukrainian President Zelenskyy confirmed that a new meeting has been proposed by Ukraine’s Security Council Secretary for next week.

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