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Retail inflation accelerates to 4.38%, raising rate hike expectations

NEW DELHI, July 13 (Reuters) – India’s retail inflation accelerated to 4.38% in June, government data showed on Monday, breaching the central ​bank’s 4% target for the first time in 16 ‌months and setting the stage for an interest rate hiking cycle. The print was above the 4.3% forecast in a Reuters poll of economists and was also the ​highest since India revamped the consumer price index in January. RBI kept its key interest rate unchanged at 5.25% ⁠in June but raised its inflation forecast for the fiscal year to ​5.1% from 4.6% earlier, watching for knock-on impact from supply-driven

Rupee falls 27 paise to close at 95.65 against US dollar

Mumbai, Jul 13 (PTI) The rupee depreciated 27 paise to close at 95.65 (provisional) against the US dollar on Monday, 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 US and Iran prompted supply concerns, while elevated crude oil prices and a strong greenback triggered capital outflows. At the interbank foreign exchange market, the rupee opened at 95.72 against the American currency and traded in a range of 95.58-95.86 during the session. The rupee finally closed at 95.65 (provisional), down 27 paise from its

Common risk factors for dementia vary between rich, poor countries, study finds

New Delhi, Jul 13 (PTI) An analysis of more than two lakh people across 14 countries found that common, controllable dementia risk factors, such as low education and obesity, can vary widely between high-income and low- and middle-income countries, with over 50 per cent of individuals across regions having at least two risk factors. Broadly similar clusters of risk factors — related to cardiovascular diseases, risky behaviours, and social or sensory factors — were observed across settings, according to findings published in The Lancet Healthy Longevity journal. Researchers, led by those at the University of Southern California, Brown University and

Bodies of 15 Indian tourists killed in Vietnam boat capsizing are being flown home

HANOI, Vietnam, July 13, 2026 (AP) — The bodies of 15 Indian tourists who were killed when a speedboat capsized off southern Vietnam last week were being returned home Monday. The speedboat was carrying 32 Indian tourists and four Vietnamese crew members when it overturned near the shore Saturday afternoon, shortly after leaving Hon May Rut Ngoai island near Phu Quoc, Vietnam’s largest island, authorities said. The boat’s captain, Nguyen Hong Hai, 57, is under investigation for alleged violations of waterway transport safety regulations, state media reported. The flight carrying the remains from Ho Chi Minh City would arrive in

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