FII inflows surge after Govt steps to prop rupee: SBI Research

IANS | July 12, 2026 5:36 PM

New Delhi, July 12 (IANS) India has received $7 billion from foreign institutional investors (FIIs) after the government announced measures last month to attract more foreign funds and steady the volatility in the rupee, according to an SBI Research report.

China wants African nations to switch from USD to yuan in debt repayments

IANS | July 12, 2026 3:40 PM

New Delhi, July 12 (IANS) Beijing has started asking African countries to shift their debt repayments to China from the US dollar to the yuan as part of its strategy to strengthen its own currency and dent the dominance of the American currency in the global payment system as per a media report.

Top 10 firms add nearly Rs 93,000 crore in market value last week

IANS | July 12, 2026 3:38 PM

Mumbai, July 12 (IANS) The combined market valuation of four of India's 10 most-valued companies increased by Rs 92,995.48 crore during the last week, with HDFC Bank and Bharti Airtel emerging as the biggest gainers, even as the broader equity market ended lower.

India's Russian crude imports jump 34 pc to record high in June

IANS | July 12, 2026 2:52 PM

New Delhi, July 12 (IANS) India's imports of Russian crude oil climbed to a record high in June, even as Russia's overall oil export revenues declined amid softer global prices, according to a report by the Centre for Research on Energy and Clean Air (CREA).

NPPA raises anti-rabies immunoglobulin price, fixes retail rates of 39 drug formulations

IANS | July 12, 2026 1:23 PM

New Delhi, July 12 (IANS) The National Pharmaceutical Pricing Authority (NPPA) has increased the retail price of anti-rabies immunoglobulin while fixing the retail prices of 39 drug formulations covering therapies for hypertension, diabetes, HIV, heart disease and eye infections, as part of its latest pricing exercise under the Drugs (Prices Control) Order (DPCO).