फुल ब्रिजDue to heavy rainfall in the last 24 hours, the government has declared a holiday for schools in eight districts in Tamil Nadu, including Chennai, Chengalpattu, Kancheepuram, Tiruvarur and Thanjavur on Tuesday.The fine by the country’s independent data watchdog related to the American social media giant’s role in the Cambridge Analytica data scandal, which hit the headlines earlier this year.“At the moment it (inflation) is well within the RBI’s reference range and the expectation is that, subject to monsoon, it will continue to head towards the midpoint of the target range…we don’t see, at the moment, scope for nasty upside surprises. There can always be scenarios in geopolitics that can cause inflation to be more than what we expect but at this point, the baseline scenario is that inflation gradually converges to the midpoint of the target range,” Nageswaran said at an event organised by the National Council of Applied Economic Research (NCAER).