RBI Likely to Hold Rates, Hawkish Turn as Oil, Rupee Weigh
HSBC economist Pranjul Bhandari expects RBI to hold rates but turn hawkish due to rising oil prices and weaker rupee, with two rate hikes likely from Q4 2026.
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HSBC economist Pranjul Bhandari expects RBI to hold rates but turn hawkish due to rising oil prices and weaker rupee, with two rate hikes likely from Q4 2026.
Ola Electric opens QIP at Rs 37.74 per share floor price. The EV maker seeks funds from institutional investors after board and shareholder approvals.
India revises WPI base year to 2022-23 and plans to launch Producer Price Index for modernizing inflation measurement.
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India's seafood exports hit all-time high at Rs 73,890 crore in FY26. Frozen shrimp leads growth despite US dip. MPEDA reports record volume and value.
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RBI launches 2025-26 mutual fund survey on foreign liabilities/assets. Data helps compile India's external sector statistics & assess overseas exposure.
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Tax experts call for GST reforms including petroleum inclusion and better refunds as collections remain resilient at Rs 1.94 lakh crore in May 2026.
Mahindra Manulife Insurance Ltd gets MCA approval for 50:50 JV. The AI-native insurer targets India's protection gap with focus on rural and semi-urban markets.
Inox Wind shares fell over 8% after Q4 net profit dropped 45% to Rs 105.68 crore. Revenue fell slightly, while expenses and execution challenges weighed.