11:11 | RBI hikes repo rate for first time in 3.5 years, Titan in focus, Messi's Argentina farewell and more

Hello and Welcome to CNBC-TV18's Newsletter In today's edition, we take a look at RBI's policy decision, which saw the central bank raise its interest rates for the first time in 3.5 years, Titan shares in focus, Asian Paints dividend, NBFC credit growth accelerates, the Paytm-Visa tie-up and Messi bids adieu to Argentina colours and more with CNBC-TV18.

* Germany Factory Order Data

* France Industrial Production Data

* France Budget Balance Data

* Spain Industrial Production Data

* Euro Area Construction PMI

* Euro Area Retail Sales Data

* US Balance Of Trade Data

* RBI Monetary Policy: Rates raised by 25 bps, stance changed to 'calibrated tightening'

The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to raise the policy repo rate by 25 basis points to 5.5% after the conclusion of its three-day meeting on Wednesday, October 7. This is the first time in over three-and-a-half years that policy interest rates have been hiked by India's central bank.

* Titan shares in focus after Tata Group giant shows 22% topline growth in Q2 led by Jewellery

According to its exchange filing shared Tuesday evening, Titan's domestic revenue rose 22% from last year, while its international business topline nearly doubled year on year, growing 97%.

* Asian Paints Dividend: Here's what 9.2 lakh retail investors need to know about past payouts, record date and more

Shares of Asian Paints Ltd., India's largest paints company, are in focus on Wednesday, October 7, after the company informed the exchanges that its board is set to meet later this month to consider an interim dividend for the financial year 2027.

* 'Not coming back anymore': Argentina bids Messi farewell after 21 years, 126 goals, World Cup win

The Argentine Football Association billed the match as "The Last Tango", turning what would otherwise have been a friendly into a farewell for Messi. More than 85,000 tickets sold out within 90 minutes and later appeared on resale sites for more than $2,500. Players from Argentina's 1978, 1986 and 2022 World Cup-winning squads also attended with their families.

* Reliance Industries, Bharti Airtel shares will have a re-rating trigger in Jio Platforms IPO: Motilal Oswal

Brokerage firm Motilal Oswal has reiterated its 'Buy' rating on both Bharti Airtel and Reliance Industries (RIL), citing a compelling risk-reward profile for the two stocks. The proposed initial public offering of Jio Platforms (JPL) could emerge as a key re-rating catalyst for both stocks, particularly Bharti Airtel.

* NBFC credit growth accelerates to 15.8% in August; retail loans rise 22%: RBI

Credit growth of non-banking financial companies (NBFCs) accelerated to 15.8% year-on-year in August 2026 from 10% a year earlier, according to data released by the Reserve Bank of India (RBI). Credit to the agriculture and allied activities sector accelerated sharply, growing 17.4% year-on-year in August.

* SpaceX seeks $40 billion to buy Nvidia chips for Elon Musk's AI expansion

Elon Musk's SpaceX is in talks with banks and investors to raise $40 billion of debt to buy chips from Nvidia Corp., people familiar with the matter said, underscoring the insatiable demand among AI developers for more computing power. Pacific Investment Management Co. is one of the investment managers.

* Sam Altman says OpenAI entering 'new era of discovery' with AI mathematics results

OpenAI also said it was publishing additional details about the process behind the results. These include 10 summaries of the model's reasoning, estimates of compute used in terms of ChatGPT Pro usage, and statistics on the number of problems attempted.

* HD Fire Protect IPO price band fixed at ₹258-271; issue opens October 13

Mumbai-based HD Fire Protect, a manufacturer of fire protection equipment and systems, has fixed the price band for its initial public offering (IPO) at ₹258-₹271 per equity share. The public issue will open for subscription on October 13 and close on October 15.

* Paytm-Visa tie-up: What select cardholders get on metro travel, bills and recharges

For metro travel, eligible Visa credit and debit cardholders can get 50% off up to ₹50 on ticket bookings, with no minimum transaction value. The offer can be used twice per card every month. This means a ₹100 metro ticket would qualify for the maximum ₹50 discount, while the benefit on a ₹50 ticket would be ₹25.

* 11 Indian crew injured after ship hit by projectile in Strait of Hormuz; New Delhi condemns attack

Eleven Indian crew members were injured on Tuesday after a Panama-flagged commercial vessel was hit by a projectile while transiting the Strait of Hormuz, prompting a strong condemnation from New Delhi.