7 AM Telugu News Headlines Dated 22nd May 2022:- * To calm the fire of inflation, the central government reduces fuel excise. Iron ore, steel, and cement prices are expected to fall. * A verbal battle between the ruling and the opposition over the imposition of taxes on certain products continues. * Prime Minister Modi appeals to people's concerns amid speculation of unrest over price rise. The opposition sees it as a political ploy to end the impasse. * Telangana Chief Minister K Chandrashekar Rao will pay a visit today to the relatives of farmers who died during a year-long protest against three government farm regulations in Chandigarh, and will award each family Rs 3 lakh in compensation. * The post-mortem of ex-driver was performed in Kakinada around midnight. SP to arrest YSRCP MLC in alleged atrocity case. * According to ICRA, Andhra Pradesh has the highest public debt. * The World Economic Forum will meet today in Davos. It