RBI Governor Sanjay Malhotra met Finance Minister Nirmala Sitharaman ahead of the October MPC meeting, amid growing concerns over inflation, rising crude oil prices and geopolitical tensions. The RBI’s Monetary Policy Committee is scheduled to meet from October 5-7, 2026. With the repo rate currently at 5.25 per cent, markets are closely watching whether the central bank maintains its prolonged pause or considers a rate hike as inflationary pressures increase.
Singer Abhijeet Sawant has released ‘Gana Dhaav Re’ for Ganesh Chaturthi, featuring his daughters Aahana and Smeera on background vocals. He called the collaboration a divine coincidence and a special musical tribute to Bappa.
India is unlikely to face a macroeconomic crisis from the current crude oil price surge, with Brent crude at $107-$108 per barrel, low inflation and record forex reserves of $785.7 billion. However, prolonged high oil prices or disruptions to West Asia shipping could raise inflation, widen the current account deficit and increase fiscal pressure.
India and Iran explore ways to expand economic engagement as both sides seek stronger cooperation in areas of mutual interest.
RBI refuses Tata Sons’ request to surrender its registration as an unregistered CIC, setting the stage for a public listing that could unlock the Shapoorji Pallonji group’s 18.3% stake.
BRICS countries have agreed to strengthen cross-border cooperation, information-sharing and financial monitoring to combat terror financing, drug money laundering, financial fraud and illicit virtual asset flows.
Bangladesh faces a strategic choice as it weighs a possible partnership with the US-led Pax Silica initiative while joining China-backed WAICO as an observer, raising questions over technology, trade and strategic autonomy.
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Odisha signs MoUs with 14 partners to strengthen skill development and technical education
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