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The Reserve Bank of India kept the repo rate unchanged at 5.25% due to rising global uncertainties, especially geopolitical tensions affecting oil prices and inflation. It aimed to balance growth and price stability while assessing earlier rate cuts. With steady economic growth and manageable inflation, the central bank adopted a cautious approach.
A survey reveals rising credit stress in India as nearly 39% of borrowers report abusive recovery calls and 28% face repeated contacts from multiple lenders. Many take unsecured loans for emergencies and struggle to repay, leading to harassment and even home visits. This shift from asset‑backed borrowing to necessity‑driven credit raises concerns about financial vulnerability.
Finish, the world’s No. 1 auto-dishwashing brand, announced Bollywood star Ayushmann Khurrana as its brand ambassador. The new campaign, “The Right Way to Dishwash,” highlights Finish Ultimate Plus tablets’ cleaning power with Bosch dishwashers on tough stains while addressing misconceptions among dormant users about performance.
The Sensex surged 2,946 points to 77,506, and Nifty50 rose nearly 859 points to 23,984, boosted by falling oil prices after the US-Iran ceasefire. The RBI kept repo rate at 5.25% with a neutral stance. MidCap and SmallCap indices outperformed, led by Auto, Realty, and Financial Services sectors, reflecting broad market optimism.
‘Dhurandhar 2: The Revenge’ has achieved a huge global collection of over ₹1,641 crore, setting a new benchmark as the first Hindi film to cross ₹1,000 crore net in India. Starring Ranveer Singh and directed by Aditya Dhar, the film continues its strong run, with overseas earnings crossing ₹400 crore, joining ‘Pushpa 2’ and ‘Baahubali […]
Gold rates witnessed a sharp jump today after the Iran-US ceasefire boosted market sentiment. In Hyderabad bullion market, 24-carat gold surged by ₹3,980, reaching ₹1,53,820 per 10 grams, while 22-carat gold rose by ₹3,650 to ₹1,41,000. Similar trends are seen across major cities in the Telugu states, reflecting strong demand and global influences.
The RBI has decided to keep key interest rates steady in its today bi-monthly monetary policy review for 2026-27. RBI Governor Sanjay Malhotra said that the repo rate remains unchanged at 5.25%, continuing the stance from February’s review. The move signals RBI’s cautious approach, balancing growth and inflation while maintaining financial stability.
Crude oil prices have dropped sharply by 8% after a ceasefire between Iran and the US, bringing the cost of a barrel down from $117 to $103. This decline has boosted the Indian rupee, which is now trading at 92.56 against the dollar, appreciating by 50 paise. The combined effect signals relief for importers and […]
The Repo Rate is the interest at which commercial banks borrow money from the RBI by selling securities with a deal to repurchase them later, boosting liquidity. The Reverse Repo Rate is the rate at which the RBI borrows money from banks, absorbing excess funds to control inflation. Both are vital monetary tools influencing lending, […]
The Reserve Bank of India conducts bi-monthly monetary policy meetings to decide key interest rates and inflation targets. These meetings help maintain price stability, support sustainable growth, and manage credit availability. By reviewing it, the RBI can respond promptly to inflationary pressures, and changing domestic and global financial conditions.
The Sensex and Nifty opened at fresh record levels in early trade on Wednesday, April 8, 2026. The Sensex started trading today at 77270.40, up at 2,653.82 points or 3.56%, and the Nifty was at 23903.60, up at 779.95 points or 3.37%. Meanwhile, the Indian rupee was trading today at 92.72 against the dollar.
A man in India bought a high‑end GPU from Amazon for ₹3 lakh but received a pack of detergent instead. He claims this shows massive fraud inside Amazon’s system. The company says it will investigate and fix the mistake. The incident has sparked public outrage and raised questions about online order safety.
The Sensex rose 508 points to 74,616.58, and the Nifty50 gained 155 points to 23,123.65, marking four straight days of gains. Wipro, Hindalco, TCS, and HCLTech led the rally. MidCaps rose slightly, SmallCaps fell. IT, Realty, and Metal sectors gained, while PSU Banks dropped. Investors await RBI policy update.
The Bharat Coking Coal Ltd (BCCL) IPO received a record 90 lakh applications, the most ever for a government company issue in India. The ₹1,071 crore offer was hugely oversubscribed, showing strong investor interest across retail and institutional buyers. This made it a historic success in the 2026 IPO market.
The Indian government has doubled the daily supply of 5 kg LPG cylinders for migrant workers in every state to help them get cooking gas more easily. These small cylinders can be bought with just an ID card and will be shared through state supply departments and oil companies to support migrants and workers.