RBI keeps repo rate steady, PM Modi on 100 years of RSS, Cabinet approves 3% DA hike & more
RBI keeps repo rate steady, PM Modi on 100 years of RSS, Cabinet approves 3% DA hike & more
Last Updated : Oct 01 2025 | 7:23 PM IST
The RBI’s Monetary Policy Committee on Wednesday kept the repo rate unchanged at 5.5% and retained a neutral stance. The committee also raised the FY26 growth forecast to 6.8% while lowering the inflation outlook to 2.6%.
Indian equities snapped an eight-day losing streak, with the Sensex rising 716 points and the Nifty50 gaining 225 points, after the RBI MPC announcement, which was in line with the market expectation.