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RBI MPC meeting Oct 2026: No rate cuts in future? What RBI Gov Sanjay Malhotra said; what it means for Sensex, Nifty

New Delhi, Oct. 7 -- After announcing a 25bps rate hike, Reserve Bank of India (RBI) Governor Sanjay Malhotra said the rate cuts in the near-term are unlikely given the prevailing economic conditions.... Read More


India plans unified AI assistant for government services, awards contract to Bengaluru-based CoRover

New Delhi, Oct. 7 -- India's Ministry of Electronics and Information Technology (MeitY) is planning to develop a unified AI assistant and bot platform, and has awarded the contract to Bengaluru-based ... Read More


RBI MPC speech: FDI, forex reserves, credit growth - what Governor Sanjay Malhotra said on global financials

New Delhi, Oct. 7 -- The Reserve Bank of India (RBI) raised the repo rate by 25 basis points to 5.5% on Wednesday and changed its monetary policy stance to "calibrated tightening", as the central bank... Read More


Adani Enterprises: AEL gets highest-ever rating in its credit history; shares up over 22% YTD

New Delhi, Oct. 7 -- Adani Enterprises on Wednesday said that its long-term rating has been upgraded to AA Stable, the highest-ever rating in its credit history. The company said the upgrade serves as... Read More


RBI rate hike: What happens to existing and new fixed deposits? Experts weigh in

New Delhi, Oct. 7 -- The Reserve Bank of India's (RBI) 25-basis-point repo rate hike to 5.50% is likely to particularly impact those investing in fixed deposits (FDs). However, the impact will not be ... Read More


CEC Gyanesh Kumar and 2006 Keralam bribery case: What happened then, why is probe being reopened - Explained

New Delhi, Oct. 7 -- Last week, the Congress-led government in Keralam directed the state's Vigilance and Anti-Corruption Bureau to reopen a 2006 probe into an alleged bribery claim against the Chief ... Read More


CX Partners-backed Veeda Lifesciences eyes majority stake sale at upto $400 million valuation

Mumbai, Oct. 7 -- Veeda Lifesciences has relaunched the process of exploring a majority stake sale in a deal that will value the company at $300-400 million and facilitate exits for its existing share... Read More


AI boom could waste trillions on data centres, trigger crash and crypto rally, says Arthur Hayes

New Delhi, Oct. 7 -- Arthur Hayes, co-founder of the cryptocurrency exchange BitMEX and its former CEO, warned that the AI boom could lead to a multi-trillion-dollar overinvestment in data centres, fo... Read More


Export bonanza: How this Bengaluru farmer makes Rs.50,000 a day by growing baby bottle gourds for Qatar market

New Delhi, Oct. 7 -- A Bengaluru farmer has found an unconventional market for baby bottle gourds, growing the vegetable to a specific size for overseas buyers and supplying the produce to Qatar throu... Read More


Global PE Funds eye controlling stake in Gemsons at Rs.1,200 cr valuation

Mumbai, Oct. 7 -- Gemsons Precision Engineering's promoters are looking to sell a controlling stake in a deal that may value the company at about Rs.1,000-1,200 crore, three people familiar with the m... Read More