Bharat Express DD Free Dish

RBI

Indian stock markets rise sharply as Sensex and Nifty rebound after RBI holds repo rate at 5.5% and upgrades GDP forecast to 6.8% for FY26, ending an eight-day losing streak.

RBI takes new steps to internationalise the rupee, enabling INR lending abroad, expanding SRVA use, and publishing more forex rates.

The Reserve Bank of India (RBI) raised India’s GDP growth projection for 2025-26 to 6.8 per cent, up from its earlier forecast of 6.5 per cent.

Sensex and Nifty closed slightly lower on cautious trading ahead of the RBI’s upcoming monetary policy announcement, with mixed sectoral performances.

Shirish Chandra Murmu has been appointed as the Deputy Governor of the Reserve Bank of India, effective October 9, succeeding M Rajeshwar Rao.

India’s forex reserves rose by $3.51 billion to reach $694.23 billion for the week ending 29 August, according to data released by the Reserve Bank of India (RBI) on Friday.

India’s forex reserves rose $1.48 billion to $695.10 billion in the week ending 15 August, RBI data showed.

India’s retail inflation fell to 1.55% in July, its lowest in over eight years, driven by easing food prices.

Indian stock markets closed slightly lower on August 6 as RBI held the repo rate steady at 5.5%, triggering market volatility.

The Reserve Bank of India (RBI), under Governor Sanjay Malhotra, has announced that the repo rate will remain unchanged at 5.5%.