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13-July-2026
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 Indian Economy
 
India lays groundwork for a big business boost along the coasts
ndia is laying the groundwork for its first dedicated Marine Export Zones (MEZs) under the Special Economic Zone framework with the aim to set up an integrated seafood ecosystem. The planned initiative seeks to move beyond fragmented aquaculture infrastructure by creating end-to-end export cluste...

Private capital should play a much larger role in India's infrastructure development: Rajkiran Rai, MD & CEO, NaBFID
India's infrastructure push will require not only long-term financing but also a bigger pool of companies capable of executing large-scale projects, Rajkiran Rai, managing director and chief executive of National Bank for Financing Infrastructure and Development (NaBFID), said. In an interview with ...

RBI steps up scrutiny of Corporate India's foreign investments
Corporates will have to spell out the anti-money laundering and due diligence measures undertaken on overseas business partners and co-investors in foreign joint ventures and subsidiaries, and describe the processes followed in carrying out these checks. Such information, rarely, if ever, sought ...

An emboldened India holds out for better terms in US trade talks
India rejected a quick trade agreement with the U.S. in recent talks and is holding out for a better deal as Prime Minister Narendra Modi draws confidence from new trading partners, eased economic risks and political gains at home, officials and analysts said. ...

India, New Zealand aim to double trade by 2030
India and New Zealand on Saturday announced a strategic partnership with an ambitious goal to double bilateral trade to Rs 35,000 crore, or NZ$7 billion, by 2030. PM Narendra Modi and New Zealand PM Christopher Luxon agreed to work together to ensure early enforcement and effective implementation...

India, Canada talks on CEPA progressing well
India and Canada concluded the third round of negotiations on the Comprehensive Economic Partnership Agreement (CEPA) late last week (July 6-10), with notable progress being made across issues. Both the countries are hopeful of concluding the negotiations by the end of 2026....

 
 Global Economy
 
Egypt's January-March Current Account Deficit Widens to $5.1 Billion
Egypt's current account deficit more than doubled to $5.1 billion in the January-March quarter from $2.3 billion a year earlier, central bank data showed on Sunday. • Net foreign direct investment inflows edged down to $3.7 billion from $3.8 billion in the same period of 2025....

China June Exports Growth Set to Cool, but AI Demand Underpins Overall Strength
China's exports likely grew at a slightly slower but still-solid pace in June, as firms accelerated shipments to the U.S. ahead of possible new tariffs, rode the AI boom, and competed aggressively on prices to win over cost-conscious consumers....

 
 Market & Finance
 
Japan to Push Its Massive Pension Fund to Boost Alternative Investments, Nikkei Says
Japan aims to raise the ratio of unlisted shares, real estate and other alternative investments in the portfolio of the Government Pension Investment Fund, the world's largest pension fund, the Nikkei said on Sunday. Finance Minister Satsuki Katayama, who has been trying to boost the weak yen, sp...

EM equities see $46 billion exodus in June as South Korea, Taiwan tech selloff rattles investors
Foreign investors pulled a net $46.1 billion from emerging market equities in June, led by heavy selling in technology-focused markets such as South Korea and Taiwan, according to the latest data from the Institute of International Finance (IIF), highlighting growing caution toward risk assets despi...

Global funds fall in love with Indian stocks again; buy $1 billion in equities as foreign investors rush back
Foreign investors seem to be turning bullish on Indian equities again with more than $1 billion invested in the last week. Goldman Sachs Group Inc. has projected that these overseas inflows could strengthen further as a stable rupee and improving earnings expectations are encouraging global funds to...

Why FPI Selling Hasn't Hurt Markets
For most of the past two years, a comforting story has taken hold in India's stock market. Foreign portfolio investors (FPIs) have sold relentlessly, yet share prices have held up. Domestic mutual funds (DMFs), fuelled by a torrent of money into systematic investment plans (SIPs), have step...

Why is RBI now cutting down its $100 billion short dollar forward position; how will it impact Rupees?
Over the past two years, India’s central bank built one of the world’s largest bearish dollar bets to support a persistently weak rupee. It now faces the challenge of unwinding that position without destabilising the currency market. With a spate of recent measures expected to attract foreign capita...

SIP accounts post highest monthly rise since February
Investor participation through systematic investment plans (SIPs) strengthened in June, with the mutual fund industry recording the highest net monthly increase in contributing SIP accounts since February 2026. The industry registered 5.55 million new SIPs during the month against 5.06 million di...

16 Indian unicorns slip below $1 billion
Sixteen of India’s 129 unicorns have slipped below the $1-billion valuation mark, underscoring the shakeout that followed the funding boom of 2021 and raising a new question for investors: which startups are facing a temporary valuation reset and which risk becoming India’s own zombie unicorns? T...

Indian investors expand overseas portfolios via GIFT City
Indian investors are increasingly exploring foreign asset classes such as US stocks and exchange-traded funds (ETFs) through Gujarat International Finance Tec-City (GIFT City). According to data from India International Exchange’s (India INX) Global Access Provider (GAP) platform, the total trade...

 
 Commercial Laws
 
Foreign investors set to get a faster arbitration route
Foreign investors may soon be able to take unresolved disputes with India to international arbitration — but only after first pursuing domestic legal remedies for two years. The change is part of an overhaul of India’s Bilateral Investment Treaty (BIT) framework that is now taking final shape, offic...

 
 
 
 
 
 
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 Indian Corporate
 
How India Inc's balance sheets are improving, despite moderate revenue growth
First, the good news. In a heartening sign of resilience, India’s top companies posted robust growth in the past financial year after a two-year hiatus, benefiting from benevolent commodity cycles and cost management that helped them navigate otherwise tough market conditions at home and abroad. ...

Aditya Birla Group proposes $1.26 billion expansion of Odisha alumina refinery
Aditya Birla Group has proposed investing an additional $1.26 billion to triple the capacity of its Kansariguda alumina refinery in Odisha to 3 million metric tons per annum, the state government said on Saturday. The expansion, to be executed by the group entity Hindalco Industries, takes the to...

TCS betting big on AI; plans 8,900 AI engineers, eyes acquisitions: Reuters
Tata Consultancy Services (TCS) is building a team of up to 8,900 forward-deployed engineers and hunting for AI acquisitions as it bets artificial intelligence will create new business rather than undermine outsourcing, two TCS executives told Reuters. The strategy emerges amid investor concern t...

 
 Global Corporate
 
SK Hynix CEO Sees Worst Memory Shortage in 2027, Demand to Outstrip Supply Beyond 2030
SK Hynix Chief Executive Kwak Noh-jung said the global memory industry is heading for its worst-ever supply shortage in 2027, forecasting that demand for memory will continue to exceed the company's ability to produce it well into the next decade despite aggressive capacity expansion. "We forecas...

Iran tensions risk fertilizer flow to South American farmers
Fertilizer supplies to Southern Hemisphere agricultural powerhouses like Brazil and Argentina are at risk as a fragile ceasefire between the US and Iran frays just as planting season nears. The flow of fertilizer ships entering the Persian Gulf — a region that accounts for about a third of global...

Nippon Paint offers $8.6 billion for AkzoNobel unit, Bloomberg News reports
Nippon Paint has offered to buy AkzoNobel's decorative paints business for €7.5 billion ($8.55 billion), the company said on Monday, a month after it withdrew an offer to buy the whole firm along with U.S.-based Sherwin-Williams for €12.5 billion. ...

 

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