The Economic Times

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.

The 57th GST Council meeting, now slated for October 8, 2026 (Thursday), is likely to consider several proposals aimed at easing the compliance burden for small businesses in the country.

The RBI raised the repo rate 25 bps to 5.50%, its first hike in nearly four years, and shifted its stance to calibrated tightening. Governor Sanjay Malhotra flagged four global risks: West Asia tensions and volatile oil prices, tariff uncertainty, elevated bond yields and stretched AI stock valuations. He said these risks are clouding global sentiment despite resilient growth.

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.

Move seen easing customer acquisition across the financial system pensions, stocks, insurance, loans, or plain-vanilla banking

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.

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.

DMK spokesperson Saravanan Annadurai has criticized Congress leader Rahul Gandhi for not addressing voter deletions in Tamil Nadu. Annadurai highlighted the inconsistent positions Gandhi has taken regarding the electoral roll revision. He questioned why Gandhi has not supported Congress President Mallikarjun Kharge's statement on dissolving state governments elected after the Special Intensive Revision. The DMK has alleged that millions were removed from voter lists during this process.

The RBI has raised the repo rate by 25 basis points to 5.50%, its first hike since February 2023, which could make floating-rate home, car and personal loans more expensive. Borrowers on repo-linked loans may face higher EMIs or longer tenures at their next reset, while fixed-rate loans will remain unaffected.

The Reserve Bank of India has raised the policy repo rate by 25 basis points to 5.50%. This increase is the first since February 2023 amid economic uncertainties both domestically and globally. Geopolitical developments have contributed to instability in global markets, affecting economic activity. Despite these challenges, the RBI noted that the Indian economy remains strong with broad-based momentum.

Zerodha founder Nithin Kamath has revealed that the platform's youngest customer is now a 28 day old baby, whose parents opened a minor account and made the first investment within a week. This comes a year after Kamath shared that the youngest account holder then was 64 days old

Actress Kiara Advani is all set to welcome her second child, as she shared the happy news with Sidharth Malhotra and baby Saraayah. She was recently seen in Toxic alongside Yash, Nayanthara and others.

Donald Trump plans to highlight Andurils $3.7 billion investment in a Baltimore-area facility that will make components for US nuclear-powered submarines, part of his push to showcase manufacturing investment ahead of the November 3 midterms. The project is expected to create 3,100 direct jobs, with the federal government committing $2.9 billion to purchase output from the facility.

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.

Apple is set to ramp up product launches throughout the year. The forthcoming event on October 13 will feature a smart home hub integrated with Siri AI. Additional announcements may include a new HomePod mini and improved Apple TV, plus a potential reveal of a new MacBook Pro and revamped iMacs later this month.

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

A 33-year-old Lonavala lawyer was allegedly shot dead by his 83-year-old grandfather following a property dispute, with police saying relatives later tried to pass off the killing as an accidental firing. Investigators became suspicious after examining the bullet wound and blood evidence at the hotel. Five relatives were arrested over the alleged murder and destruction of evidence.

RBI Monetary Policy 2026 Takeaways: The Reserve Bank of India raised the repo rate by 25 basis points to 5.50%, the first increase since February 2023. The GDP growth forecast for FY27 was raised from 6.7% to 7.1%, highlighting resilient economic activity. Meanwhile, CPI inflation projection was revised up to 5.2% due to rising food and fuel prices. The Monetary Policy Committee shifted its stance to calibrated tightening, emphasizing inflation containment.

Navya Naveli Nanda has launched Naveli Ventures, focusing on supporting startups in innovative and emerging technology sectors. The platform aims to provide financial backing as well as strategic support to founders. Areas of interest include deep technology, space, clean energy, artificial intelligence, advanced manufacturing, and healthcare. Navya has developed this project for some time and is excited to introduce it publicly.

The Reserve Bank of India increased its policy rate by 25 basis points to 5.50% on Wednesday. Borrowers might face higher monthly installments or extended repayment periods based on loan agreements. The monetary policy committee unanimously adopted a stance of 'calibrated tightening' with future increases possible. External benchmark-linked loans make up 68.2% of outstanding floating-rate rupee loans as of June.

RBI hikes repo rate by 25 bps amid re-escalation of West Asia crisis, high financial mkt volatility

Jio Platforms is gearing up for a landmark public offering to secure Rs 37,700 crore in funds, with subscriptions expected to commence on October 21. With an impressive customer base exceeding 524 million, Jio dominates India's wireless data landscape. The company is well-positioned to capitalize on opportunities like the shift from 2G to 4G and expanding enterprise connectivity.

US software stocks have reached fresh 2026 highs as stronger earnings expectations and growing adoption of AI ease fears of disruption. Strong results, AI partnerships and rising cybersecurity demand have boosted the sector. Software earnings growth forecasts have improved, while investors increasingly view AI as an enabler, though automation risks remain for future business models.

RBI Inflation 2026-27 Forecast: The Reserve Bank of India has updated its inflation forecast for FY27 to 5.2% from 5.0% previously. This revision comes as retail inflation exceeds the RBI's target for three consecutive months. The rise in crude oil prices and food costs is a significant contributing factor. Additionally, a weaker rupee adds to imported commodity expenses and inflationary pressures. El Nio is also expected to impact food supply, further influencing inflation.

Prime Minister Narendra Modi visited Delhi's Sree Vinayaka Mandir in Sarojini Nagar on October 7, 2026, seeking Lord Ganesha's blessings as he completed 25 years as the head of a government. The temple, located on Sree Vinayaka Mandir Marg in AB Block, Sarojini Nagar, was established to serve Delhi's South Indian community and its main Vinayaka idol was consecrated in 1961.

RBI GDP Growth 2026: The Reserve Bank of India increased its economic growth forecast for fiscal 2026-27 to 7.1%. The adjustment follows stronger-than-expected domestic activity, particularly a remarkable 7.8% growth in the April-June quarter. Despite this optimistic outlook, elevated oil prices and inflation present ongoing challenges to growth. Global institutions like the World Bank and OECD have also raised their forecasts for India.

Satin Creditcare Network shares gained 3.74% after strong Q2FY27 business updates. Consolidated AUM rose 31% year-on-year to Rs 16,600 crore, while disbursements increased 41%. Asset quality improved, with GNPA falling to 1.9%. Borrowing costs declined, collections remained strong, and the company expanded its borrower base, branches and workforce during the quarter.

Chinas central bank raised its gold holdings for the 23rd consecutive month in September, underscoring its efforts to diversify reserves amid shifting global financial markets. However, the countrys foreign exchange reserves fell more than expected to $3.400 trillion, pressured by a stronger US dollar. The yuan strengthened 0.22% against the greenback during the month.

Individuals earning income abroad must understand their tax residency status according to the Income Tax Act. The Act outlines conditions based on the duration of stay in India for tax purposes. Tax residency rules will apply to financial years beginning from April 1, 2026. Any individuals residential status requires separate analysis for financial years crossing different tax regimes.

Gold and silver prices fell on the Multi Commodity Exchange as traders anticipated crucial insights from the US Federal Reserve's September meeting minutes. While optimism for an October rate hike has waned, December remains on the table. Analysts have outlined key support and resistance levels for both metals today. Additionally, physical gold prices differ in major Indian cities, reflecting varied market dynamics.

RBI Repo Rate: The Reserve Bank of India increased the repo rate by 25 basis points to 5.50% after recent inflation concerns. Economic growth has exceeded expectations, prompting the central bank to adjust its monetary policy. Inflation risks are rising due to higher crude prices and weaker agricultural output affecting projections. Global interest rate changes and narrowing differentials also pressure capital flows and emerging markets.

RBI Monetary Policy Meeting 2026: The RBI raised the repo rate by 25 basis points to 5.50%, its first hike in nearly four years, as rising oil prices, a weak monsoon and a weaker rupee threaten to push inflation higher. The move was widely expected by economists.

The Reserve Bank of Indias Monetary Policy Committee will announce its policy decision amid rising inflation risks. Markets expect a 25 basis point increase in the repo rate following four unchanged meetings. The RBI's decision will indicate the beginning of a tightening cycle, which has not occurred since 2023. Inflation pressures from food and oil are significant factors in this policy review.

Amid the backdrop of escalating US Treasury yields and surging oil prices, Indian government bond traders are revamping their strategies. The Reserve Bank of India is poised to announce a key policy decision that may affect liquidity and inflation, with a 25-basis-point interest rate hike anticipated. Market sentiment remains cautiously tense as everyone awaits clarity on how this will shape the financial landscape.

Tata Consultancy Services is scheduled to release its second-quarter results on October 8, with analysts predicting a year-on-year revenue growth of roughly 13%. However, the sequential growth might be modest at around 0.5%-0.6%. Investors will also be looking for updates on new contracts and collaborations with firms like Porsche and BSNL, as market sentiment stays cautious amid ongoing IT sector challenges.

Japanese government bond yields declined on Wednesday, tracking softer global yields despite Bank of Japan policymaker Ayano Sato supporting further rate hikes. The 10-year JGB yield fell to 3.085%, while the 30-year yield dropped to 4.205%. Investors remained divided over how tighter BOJ policy could influence longer-term bond yields and market expectations.

India's macroeconomic fundamentals indicate strong growth despite the Nifty index losing 13% this year. While industrial production and corporate earnings demonstrate resilience, foreign selling pressures weigh on equities. Upcoming earnings season is crucial as investors assess the impact of input costs on margins. Analysts suggest that the market needs broader economic signals to recover sustainably. Stability in global bond yields and crude oil prices could also influence market sentiment.

In early Wednesday trading, the rupee depreciated by 10 paise, settling at 96.45 against the US dollar. Investors are keenly awaiting the Reserve Bank of India's upcoming monetary policy decisions regarding interest rates and liquidity, with many analysts predicting a rate hike due to escalating inflation concerns stemming from the ongoing conflict in West Asia.

South Korean shares declined as investors turned cautious ahead of Samsung Electronics' third-quarter earnings report, with markets seeking clues on AI-driven chip demand. The KOSPI fell amid weakness in major automakers, steel and semiconductor stocks, while foreign investors remained net sellers.

BJP won 32 of the 42 seats in Silchar Municipal Corporation elections held using ballot papers. Congress managed to secure only two seats while Independents took six seats. Assam Chief Minister Himanta Biswa Sarma criticized Congress for performing poorly even with traditional voting methods. The elections focused on local issues such as water supply, drainage, and infrastructure improvements.

Four Nifty 500 stocks closed above their VWAP on October 6, indicating stronger-than-average price levels. Clean Max, Belrise Industries, TBO Tek and Deepak Fertilisers traded above their volume-weighted averages, reflecting positive intraday price momentum and buying strength.