The weekly market news document summarizes the following key points in 3 sentences: Inflation in India breached the RBI's tolerance level in January, rising to 6.52% due to a spike in food prices. SEBI directed mutual funds to incorporate GST and transaction costs into total expense ratios to make funds more cost effective for investors. India is setting up a $4 billion backstop fund administered by SBI Mutual Fund to provide liquidity to the corporate debt market during periods of stress.