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The Reserve Bank of India’s 25-basis-point repo-rate hike will not stop festive auto growth. However, protecting buyers from higher costs could cost lenders and automakers ₹1,000 crore. Experts said, "The 25 bps repo rate hike is unlikely to derail festive-season auto demand immediately." Dealers now expect deeper discounts to boost sales.
NTPC identified Basai in Madhya Pradesh, Banka in Bihar and Nabarangpur in Odisha as sites for 12 GW nuclear capacity. The company is evaluating global technologies and fuel needs for these locations. Regarding foreign technology transfer, a source said, "We will try." This move supports India’s 2047 nuclear energy goals.
CARE Ratings upgraded Adani Enterprises to 'AA' with a stable outlook on Wednesday. This move reflects the company’s improved financial flexibility after recent capital gains and stake sales. The agency said, "This upgrade serves as an independent validation of AEL's disciplined capital management and tight fiscal prudence," in an exchange filing.
Moody’s Ratings said retail prices of diesel and petrol will have to be raised at some point. Vikas Halan said, "It has to be a combination of all three parties involved -- the government, the OMCs, and the consumer." High crude costs and a weak rupee are hurting oil companies.
Brookfield inked a Rs 4.3K-cr deal for the ESR warehouse portfolio. This move makes Brookfield the third largest logistics player in India. The portfolio covers 400 acres across six metro clusters. Abhijit Malkanim said, "Brookfield's acquisition of the portfolio underscores the value created through ESR's integrated platform and the strength."
US taxpayers can lower their 2026 tax bills by using smart strategies like retirement contributions, health savings accounts, and tax credits. Filing on time is essential to avoid penalties. Experts said, "contributing to certain retirement accounts can help reduce taxable income." Reviewing all available deductions helps you save more money.
SBI Chairman CS Setty expects banks to benefit from the RBI rate hike over the next two to three quarters. He said, “Any repo hike will be immediately beneficial to the repricing of those EBLR loans.” Ample liquidity should keep deposit rates steady while credit growth remains strong for now.
The RBI expects rate hike transmission to temper credit growth in coming quarters. Swaminathan J said, "Some moderation is likely as policy rate transmission takes place over the next couple of quarters." Banks currently see robust growth, but officials believe a slight cooling will keep the economy healthy and stable.
GST credit reforms may unlock Rs 60,000-cr for industry starting April 1, 2027. Experts said the move could free up blocked working capital for sectors like pharmaceuticals and textiles. “If the machinery component is actually released over five years, the annual cash-flow or ITC benefit could be materially smaller,” one noted.
RBI Governor Sanjay Malhotra said a small fee on UPI transactions will not have a major impact on volumes. The NPCI plans to introduce a 0.4 per cent charge on merchant payments above ₹2,000 from October 15. This change aims to support infrastructure, innovation, and cybersecurity across the digital payment ecosystem.
The Reserve Bank of India announced interoperability among NBFC-Account Aggregators on October 7. This move lets customers choose any aggregator to share financial data across institutions. “Interoperability takes the Account Aggregator ecosystem closer to the original promise of digital public infrastructure,” said BG Mahesh. This change makes managing personal finances easier.
Foreign investors pulled $26.3 billion out of emerging market stocks and bonds in September. This first monthly outflow since June happened as a hawkish US Federal Reserve drove up yields and the dollar. The report found, "The pressure built in the second half of the month," as investors turned away.