The RBI may begin a rate-hike cycle as consumer and wholesale inflation accelerate, with the repo rate potentially moving towards 6.5 per cent, a Systematix Group report said.
Rising infrastructure costs and zero MDR on UPI have renewed the debate over the financial sustainability of India’s digital payments ecosystem.
India and MERCOSUR signed a protocol to accept electronic certificates of origin, aiming to reduce trade costs, speed up customs processing and promote paperless trade.
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.
India’s WPI inflation rose to 9.92 per cent in August 2026 from 9.78 per cent in July, with fuel and power inflation surging to 22.93 per cent. WPI food inflation also increased to 7.05 per cent from 6.65 per cent.
EET Retail, the retail arm of Essar Energy Transition Fuels, has agreed to acquire 100% of SGN Retail, adding 118 UK forecourt locations to its existing 117 sites. The deal will create a 235-site nationwide network with annual fuel throughput exceeding 650 million litres and support EET Retail’s goal of reaching 800 sites by 2031.
Tamil Nadu government will launch a unified online registration system for architects, engineers, town planners and other building professionals through the Single Window Portal. The reform aims to simplify planning approvals, eliminate duplicate registrations and enable professionals to operate across the state.
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UP distributes 1 lakh study tables to government school students under Shiksha Ki Udaan
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Preeti Aghalayam makes history as first woman to lead an IIT
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27-year wait ends at 59 as UP man finally lands govt teaching job
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