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Representative image. | Photo Credit: Getty Images/iStockphotos Retail inflation inched up to 4.38% in June compared to 3.93% in May, mainly due to higher prices of food items, according to government data released on Monday (July 13, 2026). The food inflation based on the consumer price index (CPI) was 5.32% in June, higher than 4.78%…
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After falling sharply during morning trade, the 30-share BSE Sensex rebounded by 219.9 points during the day but failed to build on the gains. The benchmark went up by 47.01 points, or 0.06%, to settle at 77,616.40. | Photo Credit: ANI Benchmark indices Sensex and Nifty ended flat on Monday (July 13, 2026) as a…
Read More “Stock markets end flat as West Asia tensions, higher oil prices weigh on sentiment” »
Representative image. | Photo Credit: Getty Images/iStockphotos The rupee depreciated 27 paise to close at 95.65 (provisional) against the U.S. dollar on Monday (July 13, 2026), weighed down by elevated crude oil prices after Iran declared the Strait of Hormuz closed. Forex traders said renewed drone and missile strikes between the U.S. and Iran prompted…
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Representative image | Photo Credit: Getty Images/iStockphoto The rupee fell 39 paise to 95.77 against the American currency in early trade on Monday (July 13, 2026) weighed down by elevated crude oil prices. Forex traders said with Brent oil prices rising over $79 a barrel, the Indian rupee is expected to open weaker at 95.53…
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Representative image. | Photo Credit: Getty Images/iStockphoto Benchmark indices Sensex and Nifty slumped in early trade on Monday (July 13, 2026) amid escalating tensions in West Asia and rising crude oil prices. Bearish trend in Asian peers also dragged the domestic markets lower. After two days of rally, the 30-share BSE Sensex tanked 616.15 points…
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India is home to several households where a single income often supports an entire family or even generations. Life insurance is one of the most important financial tools for protecting household income, with term insurance remaining its simplest and most affordable form. Yet, despite widespread awareness about its importance, India continues to remain significantly under-protected….
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Representative image. | Photo Credit: Getty Images/iStockphoto Parents are invaluable, but insurance needs a rupee value basis for compensating financial loss. Thus long, a woman with no independent earnings and essentially a housewife, did not warrant a compensation in motor accident third-party liability cases. Now a value has been fixed for her life, enabling compensation….
Representative image | Photo Credit: Getty Images/iStockphotos Previously in this column, we discussed asset allocation funds. One of the main features of such funds is the glide path. In this article, we discuss the importance of glide path in the professional management of such funds. Slide rule Picture a slide in a play area. Next,…
Odisha Chief Minister Mohan Charan Majhi with Aditya Birla Group Chairman Kumar Mangalam Birla(right). Image used for representative purpose only. | Photo Credit: PTI The Aditya Birla Group on Saturday (July 11, 2026) proposed to invest an additional ₹12,000 crore for the expansion of its greenfield alumina refinery project at Kansariguda in Odisha’s Rayagada district,…
In a normal year, Iran buys almost 4.5 million tonnes of basmati rice from India. “It is difficult for the ships to pass through the Strait of Hormuz now. Availability of vessels from Kandla or Mumbai to Iran is very poor,” says Prem Garg, president of the Indian Rice Exporters Federation. A 20-foot container carrying…
Read More “Government intervenes as shipping shocks expose container vulnerability” »