India's headline CPI inflation in line with forecast, monsoon progress is key: Economists

IANS | July 13, 2026 6:27 PM

New Delhi, July 13 (IANS) Economists on Monday said India's headline CPI inflation at 4.38 per cent for June is in line with their forecast, adding that over the next two quarters, inflation is likely to remain range bound at 4-4.5 per cent, with food as the key swing factor amid uneven monsoon progress and El Nino-linked rainfall variability.

Banks expect NRI fund inflows to accelerate further amid FM Sitharaman's call to intensify outreach

IANS | July 13, 2026 6:03 PM

New Delhi, July 13 (IANS) The chiefs of public sector banks (PSBs) and financial institutions informed Finance Minister Nirmala Sitharaman on Monday that there was a strong response from NRIs to the higher interests rates and incentives that have been announced across foreign currency non-resident bank deposits FCNR (B) deposits, External Commercial Borrowings (ECBs) and Overseas Foreign Currency Borrowings (OFCBs) swap initiatives.

Weak data systems leave Pakistan ill-prepared for AI era: Report

IANS | July 13, 2026 5:06 PM

New Delhi, July 13 (IANS) Pakistan remains inadequately prepared to deal with the opportunities and challenges posed by artificial intelligence (AI), despite growing adoption of AI tools among businesses and professionals, as weak digital infrastructure, fragmented data systems and limited institutional readiness continue to hamper the country's progress, a report has said.

NHPC project order by SC likely to feature in Nepal-India energy talks

IANS | July 13, 2026 4:35 PM

Kathmandu, July 13 (IANS) Nepal's Supreme Court order directing the government to work on increasing Nepal's share of free electricity from the 480 MW Phukot Karnali Hydropower Project being developed by India's state-owned NHPC Limited, is likely to be one of the key issues during high-level bilateral energy talks between both countries this week.

NSE CEO’s remuneration jumps to Rs 15.88 crore in 2 years from Rs 11.26 crore in FY24: DRHP

IANS | July 13, 2026 4:28 PM

Mumbai, July 13 (IANS) The National Stock Exchange (NSE) Managing Director and CEO Ashishkumar Chauhan's remuneration increased by about 41 per cent over the last two financial years to Rs 15.88 crore in FY26, according to the exchange's draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI) ahead of its proposed initial public offering (IPO).

India’s merchandise exports rise 15.5 pc to $40.41 billion in June

IANS | July 13, 2026 3:54 PM

New Delhi, July 13 (IANS) India’s merchandise exports increased by 15.5 per cent (year-on-year) to $40.41 billion in June this year, compared with the corresponding figure of $34.98 billion in the same month last year, according to data released by the Commerce Ministry on Monday.