Business

The Reserve Bank of India projected FY27 CPI inflation at 5.2 per cent, citing rising food and energy prices, supply-side risks and widening core pressures. Governor Sanjay Malhotra warned inflation is no longer benign, making policy-rate recalibration imperative

The United States recorded a $6.2 billion goods trade deficit with India in August, while its overall trade gap widened to $105.6 billion. Imports rose sharply during the month, pushing the deficit higher despite an increase in exports

Curbs on tax officials’ arrest powers, judicial scrutiny for arrests, and a higher prosecution threshold could make GST 2.0 more taxpayer-friendly and responsive

Senior Sir Dorabji Tata Trust trustees have accused Venu Srinivasan and Vijay Singh of undermining board resolutions by publicly supporting a Tata Sons listing. The dispute highlights growing differences within Tata Trusts over ownership, regulatory requirements and the company’s unlisted status

Gold prices have seen sharp fluctuations this year amid changing expectations on US interest rates, a stronger dollar and geopolitical tensions. HSBC expects the Federal Reserve may not raise rates as anticipated, while central bank buying and demand in India and China could support prices

India’s government bond yield curve is expected to flatten further as the RBI withdraws surplus liquidity from the banking system. Analysts expect the five- to 10-year yield gap to narrow, with shorter-term yields facing upward pressure amid tighter liquidity conditions

IndiGo has increased fuel charges on domestic and international flights from October 6, citing a more than 14 per cent monthly rise in aviation turbine fuel prices. Domestic surcharges range from Rs 375 to Rs 1,300, while international charges go up to Rs 6,000.

Gold futures fell nearly 1 per cent on Monday, slipping below the Rs 1.50 lakh level, while silver gained amid dollar movements and geopolitical uncertainty. Analysts maintained a cautious outlook for gold but saw stronger momentum in silver above key support levels 

  Former FTC Chair Lina Khan warned that allowing AI companies to self-regulate risks repeating Big Tech’s past failures. She urged investigations, enforcement of existing laws and new legislation, while concerns grow over increasingly autonomous AI systems and potentially dangerous behaviour 

Indian equity benchmarks opened sharply higher on Monday, with Sensex gaining over 400 points and Nifty rising more than 100 points, tracking Asian markets after softer US jobs data. Gains spanned sectors despite crude prices, bond yields and FII selling concerns

India and Canada will begin the fifth round of CEPA negotiations in Ottawa from October 5-9, aiming to conclude a trade deal by year-end. The talks seek to expand bilateral trade, strengthen cooperation in energy, critical minerals, aerospace and AI, and support Canada’s trade diversification

Aprilia has launched the SXR GT 125 and SXR GT 175 in India at Rs 1.11 lakh and Rs 1.31 lakh, respectively. Both scooters feature updated engines, 14-inch wheels and E20 compatibility, while the GT 175 gets a TFT display and ABS

Indian benchmark indices extended their losing streak for an eighth consecutive week amid foreign fund outflows, rising crude oil prices and weak global cues. The Sensex fell 1,670.84 points during the week, while analysts saw scope for a short-term recovery

Indian markets enter the week focused on the RBI policy decision, growth projections and Q2 earnings after sharp losses pushed benchmarks lower. Easing West Asia tensions could trigger a relief rally, while global yields, crude prices and US economic data remain key factors

Global experience shows monetary sovereignty is built patiently through reserves, infrastructure and credible alternatives

Economists expect the RBI to begin raising interest rates at its October MPC meeting, bringing forward forecasts from December. Higher crude prices, broadening inflation, rising global bond yields and geopolitical risks are strengthening the case for a 25-basis-point hike

Foreign portfolio investors sold Rs 45,536 crore worth of Indian equities in September while investing Rs 9,676 crore through primary markets. Rising US bond yields, elevated crude prices and weak monsoons pressured sentiment, while domestic institutional buying provided significant support

Nayara Energy has raised petrol prices by Rs 5 and diesel prices by Rs 3 per litre across its network, citing rising global crude and fuel product prices. The hike is the company’s second this year after a similar March revision

RBI Governor Sanjay Malhotra said India remains cautious about cryptocurrencies while supporting underlying technologies such as distributed ledgers and tokenisation. He also flagged concerns over monetary sovereignty, capital flows and monetary policy, while identifying cross-border payments as a significant challenge.

Tata Trusts Chairman Noel Tata has questioned the procedure followed by the Tata Sons board in reappointing N Chandrasekaran, seeking meeting records and raising questions over post facto legal opinions. Tata Trusts has called the resolution illegal, while Tata Sons disputes that position.

Discussions on global diesel supplies on the sidelines of the G20 Trade Ministers’ meeting in Milwaukee contributed to an anticipated increase in supplies, US Trade Representative Jamieson Greer said. The meeting also covered food security, forced labour and industrial overcapacity.

India’s growth story remains incomplete if young people must leave farms, families and communities behind to survive on insecure work

Bank of Baroda has entered the pension fund business after receiving a Certificate of Appointment as a pension fund sponsor from PFRDA. The lender becomes the second public sector bank to enter the segment and will sponsor a fund under the NPS framework

The government extended timelines for the RELIEF and RoDTEP schemes to support exporters facing geopolitical disruptions, higher logistics costs and trade risks. RELIEF offers 95 per cent ECGC risk coverage for eligible shipments, while RoDTEP benefits continue until December 31