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.

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).

Omar Abdullah says 1931 was struggle against oppression, not religious tussle

IANS | July 13, 2026 3:59 PM

Srinagar, July 13 (IANS) Calling the restrictions imposed by the authorities on Monday as ‘uncalled for and unfortunate’, Jammu and Kashmir Chief Minister Omar Abdullah said the struggle of July 13, 1931, observed by the party as martyrs' day was against oppression and not a religious tussle.