Private banks witnessed considerable credit and deposit growth in the second quarter of FY27. This growth was driven by the RBI's concessional dollar-rupee swap facility for FCNR(B) deposits. Major banks like Axis Bank, Kotak, and HDFC Bank reported varying growth figures, showing the impact of international branches. Although headline numbers appeared strong, underlying growth was more moderate after adjustments.

Flying to get costlier as IndiGo hikes fuel surcharge
https://timesofindia.indiatimes.com/business/india-business/flying-to-get-costlier-as-indigo-hikes-fuel-surcharge/articleshow/134720447.cms

IndiGo plans to raise its fuel surcharge due to rising aviation turbine fuel prices and increasing operational costs. The surcharge increase for domestic flights will be between Rs 100 and Rs 350 per sector, effective from October 6, 2026. International flights will see surcharges increase by up to Rs 2,500 per sector. Other airlines are expected to implement similar price hikes in response to these changes.

Trump signs order to ease diesel costs, ‘save millions of dollars’ for farmers
https://timesofindia.indiatimes.com/business/international-business/trump-signs-order-to-ease-diesel-costs-save-millions-of-dollars-for-farmers/articleshow/134720655.cms

In response to rising diesel prices, US President Donald Trump has enacted an executive order designed to alleviate financial pressures across multiple sectors. This order is anticipated to substantially cut fuel costs for farmers and truck drivers, ultimately contributing to lower grocery prices. Additionally, it urges states to expand access to tax-free red-dyed diesel and consider lifting specific fuel taxes.

Oil prices hover near $100 as Middle East supply holds up, Gulf risks persist
https://timesofindia.indiatimes.com/business/international-business/oil-prices-hover-near-100-as-middle-east-supply-holds-up-gulf-risks-persist/articleshow/134720943.cms

Oil prices are currently around $100 a barrel as stable Middle Eastern exports ease supply concerns. However, ongoing regional conflicts, including Houthi attacks, raise risks of disruptions. Officials indicate that rebuilding global oil stockpiles could take years due to significant withdrawals. Industry executives predict that demand recovery may not occur until 2028 or 2029. Prices may stabilize at around $70 a barrel depending on future production levels.

Stock market today: NSE Nifty50, BSE Sensex open flat as crude prices hold near $100
https://timesofindia.indiatimes.com/business/india-business/sensex-stock-market-today-06-october-2026-live-updates-nse-bse-gift-nifty-50-top-gainers-losers-mcx-stocks-in-focus-market-news/liveblog/134721685.cms

Gold price prediction: Where are gold prices headed on October 6, 2026?
https://timesofindia.indiatimes.com/business/india-business/gold-price-prediction-today-where-are-gold-rates-headed-on-october-06-2026-and-in-the-near-term-mcx-gold-silver-prices/articleshow/134725783.cms

Gold price prediction today: Easing October Fed rate hike probability, soft US nonfarm payroll report (September) and robust ETF inflows support the shiny metal; however, elevated yields and firm oil prices amid healthy risk appetite cap the gains. The Fed leaders signalling a brief pause in rate hike also supports the metal.

Cabinet may clear Rs 10,000 crore SME growth fund, integrated logistics authority
https://timesofindia.indiatimes.com/business/india-business/cabinet-may-clear-rs-10000-crore-sme-growth-fund-integrated-logistics-authority/articleshow/134725581.cms

The Union Cabinet is expected to review proposals regarding an Integrated Transport and Logistics Authority and a SME Growth Fund. The SME Growth Fund aims to support micro, small, and medium enterprises, enhancing their equity base. Additional funding for the Self-Reliant India Fund will also be considered to assist micro enterprises. Various measures for MSMEs will focus on liquidity, equity, and professional support for compliance.

Sikkim to get first train link by 2027; Railways fast-tracks Rs 9,000 crore Gangtok line
https://timesofindia.indiatimes.com/business/india-business/sikkim-to-get-train-connectivity-for-first-time-as-44-5-km-sivok-rangpo-project-reaches-75-progress-to-be-completed-by-december-2027-railways-fast-tracks-rs-9000-crore-gangtok-rail-link-as-well/articleshow/134725767.cms