RBI turns hawkish; what does it mean fixed-income investors? Experts decode
INDIA MARKET | Wed, 7 Oct 2026, 11:41AM IST
RBI's MPC hiked the repo rate by 25 basis points to 5.5 per cent from 5.25 per cent.
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RBI's action likely signals start of new rate-hike cycle: Ambareesh Baliga
INDIA MARKET | Wed, 7 Oct 2026, 11:40AM IST
Ambareesh Baliga said he does not see a rate-easing cycle even if the West Asia situation is resolved. However, if the situation remains unresolved, he expects further rate hikes by the central bank.
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INDIA MARKET | Wed, 7 Oct 2026, 11:39AM IST
RBI announced measures to simplify financial tracking, allowing SEBI-registered depositories to include bank deposit details alongside securities, equity and debt holdings in a single consolidated statement by end-2026. It also approved interoperability among NBFC account aggregators, enabling financial information to be aggregated across multiple account aggregators through a single account.
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INDIA MUTUAL FUNDS | Wed, 7 Oct 2026, 11:37AM IST
Six midcap stocks, including Bosch, Siemens Energy India and Lenskart Solutions, could be reclassified as largecaps in AMFIs H1 CY27 rejig, while NSE is expected to enter the largecap segment.
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Bajaj Finance raises FD rates by up to 40 bps after RBI rate hike
INDIA BUSINESS | Wed, 7 Oct 2026, 11:33AM IST
The NBFC has weighted the increase towards longer tenures, offering up to 7.75 per cent to regular depositors and 8.15 per cent to senior citizens
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INDIA MARKET | Wed, 7 Oct 2026, 11:32AM IST
Bank stocks including Kotak Mahindra Bank, PNB, Union Bank and Canara Bank gained up to 2% after the RBI rose on Monday after the repo rate by 25 basis points to 5.50%. The Nifty Bank index rose as investors assessed the impact of the rate hike and the RBIs shift to calibrated tightening.
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RBI allows account aggregator interoperability, enables CAS bank deposits
INDIA BUSINESS | Wed, 7 Oct 2026, 11:30AM IST
Customers will be able to access financial information through any NBFC-AA, while demat account holders can also view bank deposit details in consolidated statements
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RBI allows customers to use any Account Aggregator for financial data
INDIA BUSINESS | Wed, 7 Oct 2026, 11:30AM IST
Customers will be able to access financial information through any NBFC-AA, while demat account holders can also view bank deposit details in consolidated statements
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Porsches New Look: Pricier Cars and 25% Fewer Employees
GLOBAL NEWS | Wed, 7 Oct 2026, 11:30AM IST
The German sports car maker once thrived in China and powered profits for its parent company, Volkswagen. Now it hopes to do more with less.
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INDIA MUTUAL FUNDS | Wed, 7 Oct 2026, 11:26AM IST
Effectively managing a Rs 4 crore investment portfolio requires streamlining and consolidation for optimal financial performance. With multiple mutual funds, ULIPs, and real estate elements, complexity can arise. Financial advisor Shivam Pathak recommends assessing ULIPs and potentially separating insurance from investments. He also advocates for consolidating mutual funds to minimize redundancy and improve clarity, ultimately aiming to align the portfolio more closely with long-term financial aspirations.
Continue reading at Economic Times
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INDIA bloc protest: Rahul, Priyanka booked as Opposition plans next move
INDIA MARKET | Wed, 7 Oct 2026, 11:23AM IST
Delhi Police booked Rahul Gandhi and Priyanka Gandhi after Tuesday's protest, while INDIA bloc MPs are set to meet on Wednesday to discuss their next steps over the SIR row
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Anupam Rasayan eyes US, Europe pharma push after Bliss deal, one-third revenue from drugs
INDIA BUSINESS | Wed, 7 Oct 2026, 11:20AM IST
Anupam Rasayan India Ltd anticipates significant growth in its pharmaceutical segment over the next three years. The company expects pharmaceuticals to comprise one-third of overall revenue driven by the acquisition of Bliss GVS Pharma. Anupam's ability to offer integrated contract manufacturing services will facilitate its expansion in the US and Europe. Bliss currently operates at low capacity and presents opportunities for increased utilization.
Continue reading at Economic Times
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Global Market: Hong Kong stocks fall as oil rises, tech and biotech shares drag
INDIA MARKET | Wed, 7 Oct 2026, 11:19AM IST
Hong Kong stocks fell as rising oil prices, weak economic data and selling in major technology and biotechnology shares weighed on sentiment. The Hang Seng declined 0.5%, while tech stocks dropped 0.9%. A weak PMI, subdued consumer demand and mixed industrial data added caution, despite optimism from Chinas policy support.
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RBI rate hike: 50 lakh home loan EMI may rise by 817; FDs may offer more
INDIA BUSINESS | Wed, 7 Oct 2026, 11:13AM IST
A 25-bps repo rate hike could push up borrowing costs, while new fixed deposits may offer higher returns
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INDIA MARKET | Wed, 7 Oct 2026, 11:10AM IST
Jefferies has boosted its investment stance on Reliance Industries, citing appealing valuations and an outlook for upgrades. Additionally, the firm has raised its stakes in Kotak Mahindra Bank, driven by strong growth prospects. Welspun Corp is now part of the portfolio due to anticipated expansion in oil and gas infrastructures.
Continue reading at Economic Times
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RBI rate hike impact: Bank, NBFC shares rebound; Auto, realty trade weak
INDIA MARKET | Wed, 7 Oct 2026, 11:04AM IST
At 10:31 AM on Wednesday, the Nifty Bank, Nifty Private Bank, Nifty PSU Bank and Nifty Financial Services traded up to 1% higher; while, the Nifty Auto and Nifty Realty remained in negative zone.
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Bond yields rise to 7.27%, rupee declines as RBI hikes rates by 25 bps
INDIA MARKET | Wed, 7 Oct 2026, 11:04AM IST
The yield on India's 10-year bonds jumped 5 basis points to 7.27 per cent after the decision and was up 8 bps compared to Tuesday's close of 7.19 per cent, according to data on Bloomberg.
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RBI MPC outcome: Experts see another 25-bps hike as inflation heats up
INDIA MARKET | Wed, 7 Oct 2026, 11:03AM IST
The Reserve Bank of India's Monetary Policy Committee unanimously hiked the repo rate by 25 basis points to 5.5 per cent from 5.25 per cent.
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Bond yields inch up as RBI MPC changes stance with 25 bps repo rate hike
INDIA BUSINESS | Wed, 7 Oct 2026, 11:02AM IST
The benchmark 10-year yield rose six basis points after the RBI raised the repo rate to 5.50 per cent and signalled that future action would be a hike or pause
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Bond yields inch up as RBI's MPC changes stance with 25 bps repo rate hike
INDIA BUSINESS | Wed, 7 Oct 2026, 11:02AM IST
The benchmark 10-year yield rose six basis points after the RBI raised the repo rate to 5.50 per cent and signalled that future action would be a hike or pause
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Stock Market LIVE: Sensex down 100 pts, Nifty near 22,650; Rupee weakens to 96.54 against US dollar
INDIA MARKET | Wed, 7 Oct 2026, 11:01AM IST
Sensex Today | Stock Market LIVE Updates Wednesday: The yield on the India's 10-year bonds jumped 8 basis points to 7.27 per cent, compared to Tuesday's close of 7.19 per cent
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Multiple Tata Trusts Move To Protect Hearing Rights, Filing 84 Caveats Before Charity Commissioner
INDIA MARKET | Wed, 7 Oct 2026, 11:00AM IST
The latest caveat filings come amid a widening governance battle within Tata Trusts that has steadily escalated over recent months.
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Baththa Box Office Collection Day 6: Vijay Sethupathi Starrer Shows Signs Of Recovery
INDIA MARKET | Wed, 7 Oct 2026, 10:58AM IST
'Baththa' is a Tamil action comedy-drama set in 1986 Madras.
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RBI MPC hikes repo rate by 25 bps to 5.5%: A look at last five hikes
INDIA BUSINESS | Wed, 7 Oct 2026, 10:56AM IST
The RBI MPC has raised the repo rate by 25 basis points to 5.5 per cent. Here is a look at the central bank's five previous rate hikes and the inflation backdrop at the time
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RBI MPC LIVE: Sensex down 100 pts, Nifty near 22,650; Rupee weakens to 96.54 against US dollar
INDIA MARKET | Wed, 7 Oct 2026, 10:56AM IST
Sensex Today | Stock Market LIVE Updates Wednesday: The yield on the India's 10-year bonds jumped 8 basis points to 7.27 per cent, compared to Tuesday's close of 7.19 per cent
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RBI announces two measures to ease financial information access for users
INDIA BUSINESS | Wed, 7 Oct 2026, 10:54AM IST
The RBI will allow interoperability among account aggregators and enable bank deposit details in consolidated account statements, alongside a new financial markets committee
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RBI hikes interest rates by 25 bps: What next for the markets?
INDIA MARKET | Wed, 7 Oct 2026, 10:53AM IST
The more important signal from here will be the RBI's forward guidance, analysts said, and whether this marks the beginning of a broader tightening cycle.
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RBI Shifts Stance, Hikes Repo Rate For First Time Since February 2023 As Inflation Concerns Mount
INDIA MARKET | Wed, 7 Oct 2026, 10:47AM IST
RBI has hiked the benchmark lending rates after 43 months.
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Insurance Q2 Results Preview: PL Capital Sees Healthy Growth; Max Financial Remains Top Pick
INDIA MARKET | Wed, 7 Oct 2026, 10:45AM IST
Insurance Q2 Results Preview: HDFC Life, SBI Life, ICICI Pru, Max Financial In Focus
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NBCC sets Rs 9,620 crore plan to revive 16 stalled Supertech projects
INDIA BUSINESS | Wed, 7 Oct 2026, 10:44AM IST
NBCC has launched 25 tenders worth Rs 9,620.33 crore to complete 16 stalled housing projects by Supertech. The National Company Law Appellate Tribunal appointed NBCC as the Project Management Consultant for these developments. Progress has been delayed since the appointment, pending necessary legal approvals. Approximately 50,000 housing units are affected, impacting thousands of homebuyers. Construction is slated to begin on January 16, 2027, after addressing outstanding issues.
Continue reading at Economic Times
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RBI policy highlights: Repo rate rises 25 bps as inflation risks broaden
INDIA BUSINESS | Wed, 7 Oct 2026, 10:43AM IST
The RBI raises the repo rate to 5.5% as inflation risks broaden, while keeping its growth outlook firm. Here are the key takeaways from Governor Sanjay Malhotra's statement
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H-1B visa violators could face $250,000 fine, 10-year ban under new US bill
INDIA MARKET | Wed, 7 Oct 2026, 10:40AM IST
H-1B Visa Fraud Crackdown Act seeks to sharply increase penalties and extend debarment periods for employers violating visa rules
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Kalyan Jewellers shares shine on Q2 business update, rise over 3%
INDIA MARKET | Wed, 7 Oct 2026, 10:36AM IST
Kalyan posted a consolidated revenue growth of over 26 per cent year-on-year (YoY), led by robust operating momentum on the ground with healthy same-store-sales growth.
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RBI Repo Rate Hike: Will Home Loan EMIs Rise? What Borrowers Should Know
INDIA MARKET | Wed, 7 Oct 2026, 10:34AM IST
When the RBI hikes the repo rate, lending becomes expensive.
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RBI changes stance to 'calibrated tightening': Here's what it means
INDIA BUSINESS | Wed, 7 Oct 2026, 10:34AM IST
The RBI's new calibrated tightening stance signals that further rate hikes remain possible as the central bank responds to inflation and economic risks
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RBI MPC hikes repo rate by 25 bps to 5.25%: A look at last five hikes
INDIA BUSINESS | Wed, 7 Oct 2026, 10:33AM IST
The RBI MPC has raised the repo rate by 25 basis points to 5.25 per cent. Here is a look at the central bank's five previous rate hikes and the inflation backdrop at the time
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RBI opens up Account Aggregator network, making financial data sharing easier for consumers
INDIA BUSINESS | Wed, 7 Oct 2026, 10:33AM IST
The Reserve Bank of India has introduced inter-operability among various Account Aggregators to simplify information sharing. Customers will be able to authorize financial data sharing with banks and lenders. This interconnected system eliminates the need for users to switch platforms for different Account Aggregators. The changes are aimed at enhancing convenience and seamless interactions in financial services. Customer consent remains essential for the sharing of financial information between platforms.
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RBI MPC Key Takeaways: Repo rate up to 5.50%
INDIA NEWS | Wed, 7 Oct 2026, 10:31AM IST
The Reserve Bank of Indias (RBI) Monetary Policy Committee (MPC), headed by Governor Sanjay Malhotra, raised the policy repo rate by 25 basis points to 5.50% on Wednesday, marking its first rate hike since February 2023, as rising crude oil prices, food inflation and weather-related risks clouded the inflation outlook.The RBI also raised its FY27 GDP growth forecast to 7.1% from 6.7% and its inflation projection to 5.2% from 5.1%, while shifting its policy stance to calibrated tightening.The MPC voted unanimously to increase the repo rate, while the decision to change the policy stance to calibrated tightening was taken by a majority of 4-2.Also read: RBI Policy Meeting 2026 Live: Malhotra & co hikes repo rate by 25 bps to 5.50% as war creeps into Indian retail inflation; more rate cuts off the table in near termHere are the key takeaways from the RBI MPC meeting:1. Repo rate raised by 25 bps to 5.50%The MPC unanimously voted to raise the policy repo rate by 25 basis points to 5.50%, the first increase since February 2023. The Standing Deposit Facility rate now stands at 5.25%, while the Marginal Standing Facility rate and the bank rate have been adjusted to 5.75%.The rate hike comes amid renewed inflationary pressures from rising international crude oil prices, higher food prices and an uneven monsoon. The RBI also flagged the challenging global environment, marked by geopolitical tensions, trade uncertainty and volatility in financial markets.The MPC noted that the global context, on account of geopolitical developments, remains challenging. Nonetheless, the Indian economy has been strong, and the economic momentum remains broad based, Malhotra said.2. FY27 GDP growth forecast raised to 7.1%The RBI raised its real GDP growth projection for FY27 to 7.1% from 6.7%, an upward revision of 40 basis points, reflecting the resilience of domestic economic activity.The central bank projected growth at 7.2% for the second quarter, 6.9% for the third quarter and 6.8% for the fourth quarter of FY27. Real GDP growth for the first quarter of FY28 is projected at 7.1%.The RBI said high-frequency indicators for the second quarter pointed to sustained economic momentum, supported by steady services activity, manufacturing resilience, domestic demand and investment. Both manufacturing and services purchasing managers indices remained in expansionary territory.However, global economic uncertainty, supply-chain disruptions, elevated commodity prices and geopolitical tensions could weigh on the outlook. A weak southwest monsoon and strong El Nio conditions could also affect the upcoming rabi season and rural demand.Also read: RBI Inflation FY2026-27: Malhotra & Co raises inflation forecast to 5.2% for FY273. FY27 inflation forecast raised to 5.2%The RBI raised its CPI inflation forecast for FY27 to 5.2% from 5.1%, reflecting persistent price pressures from food and fuel.Retail inflation rose to 4.8% in August from 4.5% in July, driven largely by higher food and fuel inflation. The central bank also flagged a broadening of price pressures across food commodities and early signs of inflation becoming more generalised.The RBI projected CPI inflation at 4.9% for the second quarter, 6% for the December quarter and 5.7% for the fourth quarter of FY27. Inflation for the first quarter of FY28 is projected at 5.6%, with risks evenly balanced. Core inflation for FY27 is projected at 4.4%.The central bank highlighted the risks posed by volatile international oil prices, deficient and uneven monsoon rainfall and El Nio conditions, which could affect agricultural output and food prices.4. MPC shifts stance to calibrated tightening; rate cuts off the tableThe MPC changed its policy stance to calibrated tightening by a majority of 4-2, signalling a sharper focus on containing inflationary pressures.The central bank said inflation and its outlook were no longer as benign as they had been in the previous year. While there was some evidence of elevated inflation expectations and a generalisation of price pressures, the RBI noted limited signs of supply-side pressures becoming embedded in pricing behaviour.The governor underscored that rate cuts were no longer an option in the near term.Given the current conditions, rate cuts are off the table in the near term, and policy action ahead can only be a rate hike or a pause, depending on the evolving conditions and the outlook, Malhotra said.The duration and extent of any rate-hike cycle, he added, would depend on actual growth and inflation developments, underlying inflation, the broadening of price pressures and the second-round effects of supply shocks.5. Liquidity remains in surplus; RBI to align call rate with policy rateSystem liquidity increased substantially over the previous two months following measures undertaken to attract capital inflows. The average daily surplus liquidity, measured by the net position under the liquidity adjustment facility, stood at 5.9 lakh crore since the previous MPC meeting.Subsequent liquidity-absorption measures and quarterly advance-tax outflows moderated the surplus somewhat in September. The weighted average call rate largely traded in the lower half of the policy corridor, while short-term money-market rates moderated significantly.The RBI said it would continue using an appropriate mix of liquidity-management tools to align the weighted average call rate with the policy repo rate.6. RBI announces measures on account aggregation and financial marketsThe RBI announced two additional measures alongside its monetary policy decisions.First, it will allow interoperability among non-banking financial company account aggregators, enabling users to aggregate financial information across different account aggregators by onboarding with just one.Second, the central bank will facilitate SEBI-regulated depositories in including bank deposit account information in consolidated account statements. This will allow individuals to access information on bank deposits alongside their securities, equity and debt holdings in a consolidated statement. The measures are to be implemented by the end of 2026.The RBI will also constitute a technical consultative committee for financial markets to provide a forum for structured engagement with market participants and other stakeholders on policy and operational matters.
Continue reading at Economic Times
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Rahul, Priyanka booked for entering Akashvani Bhawan without permission
INDIA MARKET | Wed, 7 Oct 2026, 10:30AM IST
The FIR was registered after police received a complaint alleging that Rahul Gandhi, Priyanka Gandhi and other MPs accompanying them entered the Akashvani Bhawan premises without permission
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Want 4 lakh in home-loan tax benefits? Here's what couples must do
INDIA BUSINESS | Wed, 7 Oct 2026, 10:26AM IST
Both spouses must be co-owners and co-borrowers, and actually contribute to the EMI to claim home-loan deductions
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