The RBI’s repo rate hike to 5.5% could put more pressure on stocks—but the bigger question is whether more hikes are coming.

The RBI has raised the repo rate to 5.5%, marking its first hike since February 2023. With inflation above the 4% target and risks from crude prices and weather,

The RBI has raised the repo rate by 25 basis points to 5.50%. For FD investors, the key question is simple: will deposit rates now rise? Here is what the hike means for existing FDs

The Reserve Bank of India's (RBI's) Monetary Policy Committee (MPC) on Wednesday unanimously hiked the repo rate by 25 basis points to 5.5 per cent from 5.25 per cent.

The Unique Identification Authority of India (UIDAI) has revised its Aadhaar name-update rules, effective September 18, with different document requirements for minor corrections,

Our base case pencils in the headline CPI inflation to average at 5 per cent in FY27, with risks tilted to the upside.

Aditi Nayar, chief economist, Head-Research & Outreach, Icra

Business Standard

In the past year, Cupid's stock price zoomed 701 per cent against a 4.6 per cent fall in the Nifty 500 index.

Leading brokers are expected to increase brokerage rates in the coming weeks, as they navigate a series of regulatory changes that are expected to squeeze profitability.

RBI Governor Sanjay Malhotra said the central bank sees no asset-quality concerns for NBFCs despite high liquidity, while bank credit growth is expected to remain strong

Sanjay Malhotra, Governor, Reserve Bank of India (RBI)

Geopolitical tensions and weaker visa applications weigh on overseas study decisions even as Ireland remains a key destination

students, exam, apply, foreign

Gold and silver are set for another bout of turbulence in the coming week, as movement in the US dollar and unresolved US-Iran tensions cloud the outlook, analysts said.
On the domestic front, investors will watch the Reserve Bank of India's monetary policy decision on Wednesday, with a 25 basis points rate hike expected.
Services PMI data from major economies, US trade figures and mid-month consumer sentiment data due later in the week will also provide cues to bullion prices. The unresolved US-Iran situation will add another layer of uncertainty for precious metals, they added.
On the Multi Commodity Exchange (MCX), gold futures for December delivery declined Rs 2,887, or 2 per cent, during the holiday-shortened week to end at Rs 1.5 lakh per 10 grams, while silver dropped Rs 8,819, or nearly 4 per cent, to Rs 2.25 lakh per kilogram.
"MCX gold remained under pressure last week, declining around 2 per cent as a stronger US dollar and rising bond yields intensified profit-booking .

gold, gold prices, gold silver prices

Press Trust of India

The JWALA interceptor is set to move into system-level testing in the coming months after IG Defence successfully test-fired two solid rocket motors

Jawala Defence

UIDAI has issued a revised procedure for Aadhaar name updates, covering spelling corrections, additions or removals, marriage-related changes and complete name changes

Adhaar, UIDAI

From raw materials and rent to motor vehicles and construction, businesses can claim ITC on eligible expenses, but GST rules block credit for several categories

Income Tax Department reopens cases, fake purchase tax evasion, GST fake invoice crackdown, IT assessment reopening India, input tax credit fraud India, fake invoice scam businesses, entry operators GST India, tax evasion trading electronics construc

Development must not destroy the very heritage that gives identities to citizens and communities, Union Culture Minister Gajendra Singh Shekhawat said on Monday, as he pitched for giving cultural capital its "rightful place" in the architecture of economic policy.
In his keynote address at Kautilya Economic Conclave -- a gathering of financial policymakers and experts -- in Delhi, he further said, "We must create a model in which development protects heritage, and heritage enriches development."
He spoke at the session under the theme 'Culture as Capital: From Heritage to Horizons' and shared the dais with noted economist N K Singh and British-Indian peer Lord Karan Bilimoria.
Shekhawat, also the Union tourism minister, underlined the value of India's rich cultural heritage in contributing as a growth engine for its economy and asserted that modernity must go hand in hand with "civilisational confidence".
"At an economic forum like this, we must broaden our vocabulary of developmen

Gajendra Singh Shekhawat, Gajendra, Shekhawat

Rural vehicle sales rose 32.69 per cent in September, supported by small businesses and non-farm incomes, while tractor demand remained more sensitive to farm conditions

car, automobile, vehicle

Airtel and Vodafone executives seek flexibility in network slicing to monetise 5G, while MediaNama's Nikhil Pahwa warns that differentiation could hinder innovation

telecom, TRAI, Airtel

Gold prices fell for the second straight session, declining Rs 700 to Rs 1.48 lakh per 10 grams in the national capital on Wednesday, as subdued local demand and weak global trend weighed on the precious metal.
The yellow metal of 99.9 per cent purity fell to a one-week low, depreciating Rs 700 to Rs 1,48,900 per 10 grams, inclusive of all taxes, from Tuesday's closing level of Rs 1,49,600, according to local traders.
It was quoted at Rs 1,48,600 per 10 grams on September 29.
"Gold prices declined in the domestic market on Wednesday amid weak global cues and subdued retail demand," said Saumil Gandhi, Senior Analyst - Commodities at HDFC Securities.
A rebound in crude oil amid renewed concerns over supply disruptions triggered by West Asia tensions also added to the dip in the precious metal prices, he added.
However, depreciation in the rupee kept a lid on the precious metal's upside, analysts said.
The rupee slumped 43 paise to close at 96.78 (provisional) against the US dollar

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Rural auto demand shows no signs of slowing despite weak monsoon rains

Telecom leaders call for net neutrality relook, flexibility in 5G slicing

Gold extends slide to ₹1.48 lakh per 10 gm in Delhi amid weak demand

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