S&P Global Ratings has affirmed India's sovereign credit rating at 'BBB' with a stable outlook, citing the country's dynamic and fast-growing economy, strong external balance sheet, and stable institutions that ensure policy predictability.
India Ratings and Research predicts the Reserve Bank of India (RBI) will maintain the repo rate at 5.25 per cent throughout FY27, despite potential inflationary pressures from higher fuel prices, with inflation expected to remain within the central bank's tolerance band.
The Reserve Bank of India's Monetary Policy Committee (MPC) has indicated that rate cuts are improbable in the near term, with headline inflation projected to reach 6 per cent in the third quarter. Minutes from the October meeting reveal growing concerns among members about inflation spreading beyond food and fuel, leading to a shift in policy stance towards calibrated tightening.
Both the Indian and West Indies cricket teams were fined by the International Cricket Council for maintaining slow over rates during their third and final One-Day International match in Mullanpur, New Chandigarh.
'Existing borrowers who have surplus cash should make partial loan prepayments to offset the impact of rising EMIs and reduce the overall interest burden.'
A 25-basis-point increase would restore some real monetary restraint when expected inflation has risen, liquidity remains easy and growth is strong, points out Amarendu Nandy.
The Reserve Bank of India's Monetary Policy Committee (MPC) has commenced its three-day meeting, with a majority of economists and bankers anticipating a 25 basis point rate hike to counter escalating inflation risks, particularly from West Asia conflicts.
Fitch Ratings has increased India's GDP growth forecast for the current fiscal year (FY'27) to 6.9 per cent, up from 6.4 per cent, attributing the revision to robust economic growth in the June quarter and overall economic resilience. The agency also anticipates the Reserve Bank of India (RBI) will raise interest rates by 0.25 per cent in October.
Indian stock markets closed lower, with the Sensex falling 429 points, after the Reserve Bank of India raised its benchmark interest rate for the first time in nearly four years, coupled with rising crude oil prices and persistent foreign fund outflows.
The Reserve Bank of India has raised the repo rate by 0.25%. Three financial planners explain how soon banks will pass the increased loan interest on, what borrowers should check and what they need to avoid.
The Reserve Bank of India's 25-basis point increase in the repo rate to 5.5 per cent is expected to exert pressure on housing affordability and buyer sentiment, particularly affecting interest rate-sensitive segments and potentially moderating sales during the crucial festival season.
The Reserve Bank of India on Wednesday raised its policy repo rate by 25 basis points to 5.50 per cent, beginning a rate-hike cycle as rising inflation risks, elevated global yields and resilient domestic growth strengthened the case for tighter monetary policy. The decision by the Monetary Policy Committee marks a shift from its August policy, when it kept the repo rate unchanged at 5.25 per cent and retained a neutral stance while seeking greater clarity on the inflation outlook and growth-inflation balance.
Fitch Ratings has affirmed India's sovereign credit rating at 'BBB-' with a stable outlook, acknowledging robust growth prospects and strong external finances. However, the agency highlighted concerns over elevated government debt, lagging structural metrics, and potential fiscal spending pressures due to rising youth unemployment.
Analysts predict that the Reserve Bank of India's interest rate decision, crude oil prices, and global bond yields will be the primary factors influencing the Indian stock market this week, alongside macroeconomic data and foreign investor activity.
Chief Economic Advisor V Anantha Nageswaran stated that the second half of the current fiscal year (FY27) is expected to be challenging due to increased downside risks to global growth and rising interest rates worldwide.
Property insurance premium rates are increasing by 25-30 per cent, primarily due to a reduction in discounts, following substantial claims from natural calamities like the Gujarat floods, which caused an estimated 5,000 crore in losses.
The Reserve Bank of India (RBI) has marginally raised its retail inflation forecast for the current fiscal year (FY27) to 5.2 per cent from 5 per cent, citing increasing price pressures across various commodities. Concurrently, the Monetary Policy Committee (MPC) unanimously decided to hike the key interest rate (repo) by 25 basis points to 5.5 per cent, shifting its stance to 'calibrated tightening'.
Pratika Rawal scored an unbeaten 100 and Shree Charani took career-best figures of 4/23 as India thrashed Zimbabwe by nine wickets in the opening women's ODI. India comfortably chased down Zimbabwe's total of 197 with contributions from Shafali Verma and Smriti Mandhana, despite some fielding lapses.
World champion D Gukesh's live rating has slipped below 2700 after the first two rounds of the 46th Chess Olympiad in Samarkand, Uzbekistan. The Indian men's team, defending champions, had an average start with two unconvincing wins, while the Indian women's team performed better against weaker opposition. Gukesh's rating drop comes ahead of his world title challenge against Javokhir Sindarov in November.
Sanju Samson smashed 56 off 22 balls to join India's 100-six T20I club as the team became the second nation to cross 2,000 sixes in the format.
Naman Dhir's unbeaten 42 off 15 balls secured a thrilling four-wicket win for India against New Zealand in the first T20I, showcasing his potential as a reliable finisher for the national side, drawing praise from cricket legends like Ravichandran Ashwin and Ravi Shastri.
'The Indian market has struggled over the past two years.' 'It peaked in September 2024, and although it has moved up and down since then, investors have not really made money.'
Economists widely anticipate the Reserve Bank of India's Monetary Policy Committee will increase the repo rate by 50 basis points, likely split between the October and December meetings, as retail inflation is projected to peak at 6.1 per cent in the third quarter, exceeding the RBI's tolerance limit.
Moody's Ratings has sharply increased India's GDP growth forecast for fiscal 2026-27 to 7 per cent, making it the fastest among G20 economies, driven by economic resilience despite the Middle East conflict. However, the agency flagged significant inflation risks stemming from elevated oil prices and potential El Nino disruptions.
Abhishek Sharma joined India's 2,000-run T20I club with a blistering 69 off 30 balls, equalling Suryakumar Yadav's calendar-year sixes record and registering his seventh powerplay fifty.
India's urban unemployment rate for individuals aged 15 and above marginally increased to 6.7 per cent in April-June, while rural unemployment rose to 4.8 per cent, according to the latest Periodic Labour Force Survey (PLFS). This rise in unemployment coincides with a notable decline in the overall labour force participation rate (LFPR) to a five-quarter low of 54.6 per cent.
The Indian corporate sector demonstrated strong credit quality in the first half of FY27, driven by robust balance sheets and healthy liquidity, despite facing risks from elevated crude prices, inflation, and global interest rates.
Former Indian cricketer Cheteshwar Pujara has lauded Abhishek Sharma for becoming the fastest batter to reach 2,000 T20I runs, comparing his explosive ability to Chris Gayle. Pujara also highlighted Sharma's growing maturity and Ishan Kishan's crucial role at number three for the Indian team in the shortest format, emphasising his powerplay maximisation.
The Indian women's cricket team is set to complete a 3-0 T20I series sweep against Zimbabwe in the final match in Raipur, buoyed by strong performances from captain Smriti Mandhana, Shafali Verma, and debutant Niki Prasad.
India's deposit growth has reached a 15-year high of 17.8 per cent, primarily driven by a surge in foreign currency non-resident (bank), or FCNR(B), deposits. This influx of funds is expected to lead to a softening of corporate loan rates as banks seek to deploy their excess liquidity.
India face West Indies in the fourth T20I in Hyderabad, needing one more win to seal the series as Abhishek Sharma, Sanju Samson and Ishan Kishan lead the batting charge.
Wasim Jaffer says India missed Rinku Singh's finishing prowess against West Indies, while cautioning against expecting Naman Dhir to bowl four overs and stressing his batting value.
Ravichandran Ashwin discusses Bhuvneshwar Kumar's recall to the T20I squad, attributing it to his consistent IPL performance without chasing rewards. He also touches upon Mohammed Shami's potential comeback, his relationships with Jasprit Bumrah and Virat Kohli, and predicts India and South Africa as strong contenders for the 2027 ODI World Cup.
'While the population remains relatively young, its age structure is beginning to shift, setting the stage for a much older population later this century.'
New Zealand paceman Jacob Duffy has acknowledged India's 15-year-old prodigy Vaibhav Sooryavanshi as an 'incredible talent' but expects home conditions to challenge the power-hitter in the upcoming Twenty20 series.
India's banking system liquidity surplus has significantly narrowed due to tax outflows, including GST payments, and higher cash reserve ratio balances. This tightening liquidity has pushed the weighted average call rate closer to the RBI's marginal standing facility rate, with market participants anticipating a persistent deficit in the coming months.
India's retail inflation surged to 5.54 per cent in September, primarily due to a significant increase in onion and other food prices, remaining just within the Reserve Bank of India's tolerance band. This marks the highest inflation since the new series with base year 2024 took effect in January.
Luxury hotels in Delhi are experiencing a significant room crunch and a sharp increase in tariffs ahead of the BRICS Summit. Many marquee properties show no availability or are quoting rates exceeding six figures per night around the September 12-13 event, highlighting a gap in India's hospitality infrastructure.
'Indian private sector hospitals provide quality healthcare at a fraction of the global cost.'
India is developing a 'Gross Domestic Knowledge Product' (GDKP) to identify and define its knowledge assets, a move aimed at safeguarding them amidst global efforts to monetise and 'weaponise' knowledge, according to NITI Aayog member R Balasubramaniam.
