Economy and policy news

Inflation Fangs Dig Deeper: BofA, UBS See RBI Hike Interest Rates By 75 Bps In Next Nine Months

Brokerages like BofA, Goldman Sachs, and UBS expect headline CPI to inch higher, given the Iran war, energy supply disruption, and intensifying El Nino backdrop.

Monetary Policy

Why Shashi Tharoor Praised Govt And Police After India Bloc Protest Against CEC Gyanesh Kumar

Congress leaders Rahul Gandhi and Priyanka Gandhi Vadra, along with AISA president Neha Bohra and thousands of supporters, marched from Constitution Club towards the Supreme Court…

Singularity AMC pays over Rs 40 lakh to settle AIF rule violation case with Sebi

Singularity AMC, a company rooted in Mumbai, has successfully resolved two significant matters with the Securities and Exchange Board of India (Sebi) concerning violations related…

2 outletsMutual Funds

Fitch Solutions company BMI raises FY27 growth forecast for India to 7.5%

BMI expects India's economy to grow 7.5 per cent in FY27, driven by industrial activity, but has lowered its FY28 forecast amid elevated oil prices and inflation risks

Monetary Policy

Retail inflation hits 21-month high, set to squeeze your household budget further

Experts pencil in another rate hike at the December policy review; kharif crop and crude oil prices pose headwinds

Monetary Policy

Sebi nudges brokerage firms to join return verification platform

Only four qualified stock brokers have joined the PaRRVA platform so far, while several industry players have raised concerns over high costs and limited adoption

Sebi notifies common ad code, allows celebrity endorsements for brands

Sebi's common advertisement code allows celebrities to promote regulated entities at the brand level but prohibits endorsements of specific financial products or services.

India's retail inflation rises to 5.54% in September; food inflation hits 7.74%

Among individual items, onions recorded the steepest price increase, with inflation surging to 108.09% in September from 48.78% in August

2 outletsMonetary Policy

Goodluck India shares surge 17% as merger expands, defence arm to join firm along with green energy unit

Goodluck India shares surged 17% to a 52-week high of Rs 585 after its board approved the proposed merger of Goodluck Defence and Aerospace and Goodluck Green Energy. The…

2 outletsDefence

63 Moons Technologies shares rally 9% as subsidiary raises FY27 revenue guidance to Rs 600 crore

Shares of 63 Moons Technologies rallied after subsidiary 63SATS Cybertech reported Rs 218 crore in first-half FY27 billings and raised its full-year billed revenue guidance to Rs…

3 outletsQuarterly Results

RBI steps may help local bond market

Indian companies may re-enter the bond market given recent central bank measures aimed at stabilizing the rupee. High overseas yields and increased hedging costs have limited…

Supply-chain shifts, policy push fuel India’s manufacturing startup boom

India's manufacturing startups have seen a surge in investor interest and a sharp rise in revenue as the country steps up efforts to boost local manufacturing, with funding…

Around 1,000 ex-Flipkart staff approach Walmart over stock option liquidity

Former employees of Flipkart and group firms Myntra and Cleartrip have approached Walmart and Flipkart seeking liquidity for vested stock options amid uncertainty over the IPO…

2 outletsMonetary Policy

India releases draft steel policy, targets 604 million tonnes of capacity by 2047

The National Steel Policy – Vision 2047 projects per capita steel consumption of 302 kg and steel exports of 45 million tonnes by 2047

SEBI To Issue CAS Guidelines Within A Week, Introduce Tiered Framework For AI, Machine Learning

SEBI's proposed AI and machine learning guidelines will include tiered oversight, data controls, kill switches and human accountability, aligned with the IOSCO Supervisory Toolkit.

Sebi to issue closing auction guidelines in a week: Tuhin Kanta Pandey

The regulator is also working to simplify digital onboarding for persons resident outside India (PROIs), allowing them to access Indian markets without requiring their physical…

3 outlets

Sebi to issue norms on closing auction soon: Sebi chief

Sebi chief Tuhin Kanta Pandey said the regulator will issue fresh norms for derivatives settlement during the closing auction session within a week after reviewing market feedback.

India’s money supply growth hits 17.3%: Why expert warns of inflation risks

Steve Hanke said India’s M3 money supply was growing at 17.3% annually, while its six-month annualised growth rate stood at 20.2% and the three-month annualised rate at 31.5%.

Monetary Policy

RBI opens special USD window for these 3 state-run OMCs; facility in effect from Oct 12 - What it means for INR support?

RBI's special USD facility will ease the pressure on the Indian Rupee as the Indian central bank has opened a special window for these 3 Oil PSUs to get the US dollar from the…

SEBI Settlement Regulations 2026: New formula, ₹10 lakh fast-track, and other key changes investors must know

SEBI’s Settlement Regulations, 2026, revise how settlement amounts are calculated, separate disgorgement from settlement payments and introduce two fast-track routes for eligible…

RBI Announces Regulatory Measures For Forex Market: What Changes For Oil PSUs?

The RBI also introduced a foreign exchange risk reserve which will involve banks maintaining with the central bank - in cash - an amount equal to 20% of the rupee equivalent of…

India To Remain Fastest-Growing Large Economy At 7.3% In 2026, Says UNCTAD

India is projected to remain the fastest-growing large economy at 7.3% in 2026, says UNCTAD. However, global growth is expected to slow to 2.6%, amid energy shocks, geopolitical…

RBI tightens forex derivative rules: What changes for hedging, cancelled trades

The RBI has tightened rules for rupee-linked foreign exchange derivatives, restricting the rebooking of cancelled contracts and cutting the threshold for transactions without…

Sebi notifies new settlement rule; unveils formula, fast-track route. Check details

The Securities and Exchange Board of India (SEBI) has rolled out fresh regulations that modify how settlement amounts for securities violations are calculated. This revamped…

2 outlets

RBI opens special dollar window for three state-run oil companies from October 12

Under the arrangement, the RBI will sell US dollars to the three public sector oil companies through designated banks. The facility is intended to ensure that the companies can…

'LoP's claims are incorrect': Govt rejects Rahul Gandhi's claim after President Murmu meeting on 'vote chori'

A 10-member INDIA bloc delegation met President Droupadi Murmu and sought the removal of Chief Election Commissioner Gyanesh Kumar over alleged electoral roll irregularities.

Rupee under pressure: SBI Research wants RBI to prioritise currency stability alongside inflation

In its October 9 report, Ecowrap, SBI Research said the RBI needs to strengthen its policy toolkit to address mounting pressure on emerging market currencies.

SBINMonetary Policy

Maximum prison term for GST offences rationalised, says finance ministry FAQ

Someone who is convicted will not compulsorily be imprisoned, refund reforms in two phases

Taxation

Prolonged food inflation risk to microfinance budgets: Muthoot Microfin CEO

Muthoot Microfin plans to launch consumer durable loans and expand digital lending as it targets ₹30,000 crore in assets under management by 2030

Monetary Policy

Pulse of the Street: Eight-week slide ends, but oil and earnings test recovery

Indian equities snapped their losing run, but elevated crude prices, tighter monetary policy and uneven demand leave the rebound dependent on stronger earnings and easing global…

Quarterly Results