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The Hindu Businessline

Business / The Hindu Businessline

RBI rate hike pulls markets lower

The Nifty 50 closed at 22,603.05, down 173 points or 0.76%, while the BSE Sensex settled at 72,638.70, a loss of 429 points or 0.59%

7 Oct 2026 6:29 pm
Central banks gold purchases net positive in August as China leads the way

Beijing purchased 20 tonnes as net buying in August was 39 tonnes; year-to-date accumulation rises to 170 tonnes

7 Oct 2026 6:18 pm
HD Fire Protect to raise 712 crore via IPO

Fixes IPO price band at 258-271 a share

7 Oct 2026 6:18 pm
Maggi was the vortex of the storm

Former Nestl India chief Suresh Narayanan talks about surviving an existential crisis in his book Courage under Fire

7 Oct 2026 6:17 pm
Gold futures decline to 1,49,340/10 gm amid a fall in spot demand

Globally, gold futures declined by 1.17% to $4,115.31 per ounce in New York

7 Oct 2026 6:12 pm
DP World expands warehousing capacity, board visits JN Port to explore further investments

Thefirst phase spans 44 acres and provides one million square feet of warehousing space

7 Oct 2026 6:11 pm
Steel Exchange Indias September output hits record high of 25,095 tonnes

Production in September comprised 17,678 tonnes from the Continuous Casting Machine and 7,417 tonnes from the newly operationalised Reheating Furnace

7 Oct 2026 6:03 pm
7 Oct 2026 6:01 pm
Tata Chemicals awaits Kenya panels decision on Magadi soda ash mining ban

Will examine the issues and determine the way forward for the suspended operations, says MD Mukundan

7 Oct 2026 5:55 pm
EyeROV supplies Indias first military-grade ROV to Indian Navy

TROUT, the first military-grade ROV built in India, has been designed, developed, manufactured and qualified to military standards for naval operations

7 Oct 2026 5:50 pm
Dixon Technologies signs JV pact with Gemtek to manufacture optical transceivers

The joint venture firm will manufacture and supply Optical Transceiver - SFP n(Small Form-Factor Pluggable) and BOSA (Bidirectional Optical Subassembly), as well as other telecom products in India

7 Oct 2026 5:19 pm
Dhanuka Agritech launches fungicide for rice blast disease in paddy

Rice blast is an important disease in paddy cultivation and effective disease management plays an important role

7 Oct 2026 5:18 pm
Stakeholders launch regenerative mustard farming initiative in Rajasthan

The Solvent Extractors Association of India (SEA), AWL Agri Business Ltd, Solidaridad Network Asia Ltd and Bharatkhand Foundation have joined hands to launch Sarson Sankalp

7 Oct 2026 5:15 pm
C-DIT Centre of Excellence in AVGC-XR opens in Thiruvananthapuram

Facility under C-DIT to support jobs and link animation, gaming and extended reality with industry, tourism and government services

7 Oct 2026 4:38 pm
Nobel Prize in chemistry awarded to Kagan, Soai for developing 'spectacular' chemical reactions

The literature prize is set to be awarded Thursday. After Friday's peace prize is awarded, the Nobel Memorial Prize in Economic Sciences will be announced Monday

7 Oct 2026 4:34 pm
Rupee tumbles 43 paise to close at 96.78 against US dollar following RBI policy decision

Rupee was weighed down by RBI rate hike and the central banks hawkish stance amid inflation worries

7 Oct 2026 4:24 pm
Granules India expecting sole first to file status on Ruxolitinib Extended-Release Tablets

If confirmed by the FDA and allapplicable statutory and regulatory requirements are satisfied, first-to-file status may provide eligibility for 180 days of generic drug exclusivity under US law

7 Oct 2026 4:12 pm
Apple Watch Series 12 review: The biggest overhaul of the Apple Watch yet

The Apple Watch Series 12 debuts at a time when the wellness industry has moved beyond exercise tracking to areas like recovery and longevity

7 Oct 2026 3:59 pm
BGR Energy signs pact to recast 3,736-cr debt

Stock rallies 5% each in two trading sessions

7 Oct 2026 3:42 pm
Yemen is spiralling into another civil war that could swiftly engulf in the entire region

Saudi Arabia turns to Pakistan and Turkiye after the US declines airstrikes, while oil flows face fresh disruption

7 Oct 2026 3:40 pm
India faces widespread power outage risk as coal reserves run out at plants

As of October 4, some 69 power stations more than two-fifths of the nations coal power fleet had fuel for just four days or less, a level monitored as a minimum by plant operators

7 Oct 2026 3:27 pm
Veegaland Developers post 79% rise in revenue in Q1 FY27

The company says that all ongoing projects progressed as per schedule, resulting in steady progress in their respective percentages of completion and contributing to the strong revenue growth

7 Oct 2026 3:25 pm
Copper futures trades flat

Buy October futures on a breakout of 1,432

7 Oct 2026 3:15 pm
Vivo X Fold6 Review: The all-rounder foldable

With ZEISS optics, flagship hardware and useful software features, the Vivo X Fold6 delivers a well-rounded smartphone experience.

7 Oct 2026 2:57 pm
byteXL raises $9 m from Elevar Equity, Kalaari Capital

The company will use the proceeds to expand to 120 colleges and 5 lakh students in two years

7 Oct 2026 2:54 pm
Ericsson to export India-made antennas to Europe; India has competitive edge for 6G: Exec

Ericsson executive says Indias transition to 5G standalone has been completed, paving way for 6G

7 Oct 2026 2:47 pm
RBI MPC Meeting Oct 2026 Highlights: RBI MPC hikes repo rate by 25 bps to 5.5%, changes stance to 'calibrated tightening'

The central bank raised its FY202627 growth forecast from 6.7% to 7.1%, while lifting projected inflation to 5.2%

7 Oct 2026 2:32 pm
Philips to double air fryers retail outlets with an eye on smaller cities

As the adoption of air fryers grows beyond metros into tier-III and IV towns, Philips targets to enhance direct distribution from 10,000 retail outlets to about 20,000 in the near future

7 Oct 2026 2:30 pm
Rubber Board to launch digital platform to connect planters, tappers

The platform to be operational soon would connect tappers with plantation owners who requires tappers

7 Oct 2026 2:13 pm
Nifty slips 179 points mid-session as RBI's hawkish shift keeps markets under pressure

SBI Securities placed Nifty support at 22,53022,550 and resistance at 22,84022,860, with an extension toward 23,010 possible on a decisive breakout above 22,860

7 Oct 2026 2:03 pm
Reliance drives Indias Venezuela oil imports to seven-year high

Venezuelan crude deliveries to India are expected to more than double to about 465,000 barrels a day this month, from 196,000 in September

7 Oct 2026 1:58 pm
India's forex reserves fall for fourth week, down $50 bn from Sept peak at $734 bn

The drawdown reflects the RBIs dollar sales in the spot market to smooth the rupees decline, alongside sell/buy FX swaps aimed at absorbing surplus liquidity

7 Oct 2026 1:45 pm
Bharti Airtel shares rise over 2% after postpaid tariff hike, Motilal Oswal retains buy

The new plans will come into effect on October 8, 2026, and existing postpaid subscribers will be moved to the nearest higher plan within a month, Bharti Airtel told the stock exchanges

7 Oct 2026 1:36 pm
BenQ says India is growing at twice the global pace, backing 1,000-crore push

BenQ is stepping up its India expansion as sales grow at roughly twice the companys global pace

7 Oct 2026 1:33 pm
RBI rate hike to pressure affordable housing, commercial real estate likely unaffected

Higher borrowing costs could make homebuyers more selective, while resilient economic activity may support broader real estate demand in coming months

7 Oct 2026 1:26 pm
Air India, Singapore Airlines expand commercial cooperation

The expansion is part of the initiatives under the Commercial Cooperation Framework Agreement inked in January this year

7 Oct 2026 1:22 pm
Kotak Mahindra Bank shares rise 2% as HSBC upgrades stock to buy

The lenders shares advanced after HSBC cited improving growth prospects, while recent developments supported a more constructive view on earnings.

7 Oct 2026 1:05 pm
Rupee falls 22 paise to 96.57 against US dollar after RBI rate hike

The Indian currency came under pressure despite the RBIs tightening stance, with the dollar and crude prices gaining in early trade.

7 Oct 2026 12:33 pm
RBI to enable interoperability among Account Aggregators, integrate bank deposits with demat CAS

Under the initiative, customers will be able to access and share their financial information across different financial service providers through any NBFC-Account Aggregators (NBFC-AA)

7 Oct 2026 12:32 pm
Bharti Airtel hikes postpaid tariffs by 50, adds free international roaming

Airtels revamped postpaid portfolio combines additional roaming benefits with data, calling, entertainment subscriptions and protection against spam and fraud

7 Oct 2026 12:25 pm
Nav Wireless Technologies targets 30% revenue from global business in 3 years

The deep-tech company is evaluating deployments in the US, Europe and New Zealand as it seeks to expand its presence in the global photonics and next-generation connectivity market

7 Oct 2026 11:34 am
IMC 2026: Starink has designed its operations to comply with Indias security, regulatory needs: Starlink VP Dreyer

Centre has granted licences to three companies, including the Elon Musk-led Starlink, Bharti Airtel and Reliance Jio, to provide satellite communication services in India

7 Oct 2026 11:34 am
IMD Update: TN, Coastal AP, Kerala, Maharashtra, Mahe gets rains & thunderstorms

Myanmars withdrawal signal comes as easterlies are forecast to establish over the Gulf of Thailand by October 14, potentially setting the stage for north-east monsoons onset over southern India

7 Oct 2026 11:19 am
RBIs hawkish shift signals more rate hikes ahead, say Economists

MPC raises repo rate by 25 bps, changes stance to calibrated tightening; economists see clear signal that easing cycle is over and further hikes of at least 50 bps remain on the table

7 Oct 2026 11:19 am
HDFC Bank shares in focus after RBI repo rate hike, loan growth at 16%

The repo rate hike could increase borrowing costs for banks and may lead to higher lending rates for customers and also affect loan demands

7 Oct 2026 11:04 am
Intel to keep working on Musk's Terafab chipmaking venture

A potential involvement by TSMC could likely challenge Intel's role in Terafab, as Musk weighs partners for the chipmaking venture.

7 Oct 2026 11:04 am
RBI ups GDP and CPI inflation forecasts for FY27 to 7.1% and 5.2%, respectively

While the increase has been predominantly on account of higher inflation in food andfuel groups, core inflation has also picked up indicating some signs of widening price pressures

7 Oct 2026 10:52 am
Paramount closes Warner merger in historic Hollywood deal

The new company, which will be called Skydance, combines two of the five largest Hollywood film studios, uniting major franchises such as Harry Potter and Mission Impossible

7 Oct 2026 10:43 am
Nifty Prediction Today October 07, 2026: Nifty 50 Futures: Support can limit the downside. Go long

Nifty 50 October Futures contract can rise to 23,000 on a break above 22,800

7 Oct 2026 10:42 am
ED arrests, suspends KPSC chairman Sahukar, member

The ED's case stems from multiple FIRs registered by the state police to probe alleged irregularities in the exam conducted by the KPSC to hire 400 veterinary officers

7 Oct 2026 10:25 am