Inflation for the last four months has been worryingly high — wholesale price index has been above 10% and consumer price index crossed the 6% mark in June, which was above the Reserve Bank of India ’s tolerance band. Anyway, a single number for inflation is an aggregate across different commodities and services — the price rise differs for different …
HARRISBURG, Pa. — The board of Pennsylvania’s largest public pension system, the Public School Employees’ Retirement System, said it is investigating a consultant’s calculation about the fund’s investment performance last year that is apparently wrong. The calculation — 6.38% growth over the nine years ending last June 30 — was slightly above a 6.36% growth threshold, thus protecting nearly 100,000 …
