India’s retail inflation reading for May will be keenly watched to gauge whether it falls within what the central bank recently projected as its range for the rest of the year. With prices of fuel and other commodities having risen rapidly over the past several months, Indians have been contending with higher costs across the board. The IPO market, meanwhile, is getting back on track after a lull of two months, with four companies launching their initial share-sales this week to raise Rs 9,123 crore collectively. In international news, Benjamin Netanyahu was ousted as prime minister of Israel after occupying office for 12 years. And in sports, Novak Djokovic made a dramatic comeback to win the French Open title for a second time.
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