Retail inflation jumps to 4.38% in June, driven by food, jewellery prices; breaches RBI’s 4% target

Retail inflation crosses RBI target, at 4.38% India’s retail inflation rose to 4.38 per cent in June, up from 3.93 per cent in May, as higher food prices pushed up the overall Consumer Price Index (CPI), according to provisional data released by the ministry of statistics and programme implementation (MoSPI) on Monday.Food inflation, measured by…

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India’s commerce portfolio: Imports outpace exports, trade deficit expands to $30.4 billion

India’s merchandise imports surged 31% year-on-year to $70.84 billion India’s merchandise imports surged 31% year-on-year to $70.84 billion in June. Merchandise exports rose 15.5% to $40.41 billion during the month, while imports climbed sharply, driven by higher purchases of crude oil, electronics, machinery and precious metals, commerce secretary Rajesh Agarwal said during a press briefing…

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Spain’s Submer to invest $2 billion in Madhya Pradesh semiconductor sector, may create 5,000 jobs

Spainish tech giant Submer Group on Monday announced a $2 billion investment in Madhya Pradesh’s semiconductor industry, a move expected to create nearly 5,000 direct employment opportunities.The announcement was made at the MP Tech Growth Conclave 3.0: GCC – Data Centres and Semiconductors, according to a senior state government official.“A $2 billion investment (19,000 crore…

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‘Won’t cede ground on agriculture’: India on US trade talks, seeks tariff edge before signing deal, says report

India has refused to rush into a quick trade agreement with the United States, choosing instead to hold out for more favourable terms despite mounting pressure from Washington, according to a Reuters report. Officials and trade experts also said that New Delhi’s stronger economic outlook, expanding trade partnerships and recent political gains have strengthened its…

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Gold price prediction today: Any end to gold fall in sight? Check outlook for July 13, 2026 week

Gold continues to trade with a bearish bias after extending its sequence of lower highs and lower lows on the daily chart. (AI image) Gold price prediction today: Gold prices are trading with a bearish bias as geopolitical events weigh on investor sentiment, says Manav Modi, Senior Analyst, Commodity Research at Motilal Oswal Financial Services…

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Stocks to buy: What’s the outlook for Nifty for July 13-July 17 week? Check list of top stock recommendations

Top stocks to buy today (AI image) Stock market recommendations: Sudeep Shah, Head – Technical Research and Derivatives, SBI Securities recommends Indian Hotels Company, and Equitas Small Finance Bank as top stocks to buy for the July 13-July 17, 2026 week. Technical outlooks for Nifty, and Bank Nifty have also been shared: Stock recommendations Indian…

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