Loans set to get dearer as RBI hikes repo rate after 44 months
https://timesofindia.indiatimes.com/business/india-business/loans-set-to-get-dearer-as-rbi-hikes-repo-rate-after-44-months/articleshow/134774530.cms

The Reserve Bank of India has announced a 25 basis points increase in the repo rate to 5.5%. This decision reflects growing inflation pressures and stronger than anticipated economic growth. The rise in interest rates will lead to higher loan EMIs, impacting consumption during the festive season. Banks are expected to increase fixed deposit rates following this policy change.

Some oligarchs blocking entry of Starlink in India: Elon Musk
https://timesofindia.indiatimes.com/business/india-business/some-oligarchs-blocking-entry-of-starlink-in-india-elon-musk/articleshow/134776971.cms

Elon Musk has claimed that certain oligarchs are obstructing Starlink's entry into the Indian market. Starlink has already established the necessary infrastructure and is prepared to launch its services. The company aims to provide affordable broadband connectivity to areas lacking internet access. Regulatory approvals are awaited before the commercial rollout can commence in India. Collaboration with local telecom operators has been a key element in Starlink's strategy for success.

Rupee may be undervalued, markets can be irrational: RBI governor Sanjay Malhotra
https://timesofindia.indiatimes.com/india/rupee-may-be-undervalued-markets-can-be-irrational-rbi-governor-sanjay-malhotra/articleshow/134777349.cms

RBI governor Sanjay Malhotra indicated that the rupee is undervalued and the central bank will intervene. The rupee closed at 96.78, down 36 paise from the previous day, hitting a five-month low. Malhotra mentioned that global AI stock corrections could attract foreign capital to India. Despite a robust services trade surplus, the current account deficit has widened due to increased merchandise trade deficit.

Airtel hikes postpaid tariffs, others may follow
https://timesofindia.indiatimes.com/business/india-business/airtel-hikes-postpaid-tariffs-others-may-follow/articleshow/134777582.cms

Bharti Airtel is set to raise its postpaid tariffs by 3-10% starting Thursday, which affects all users. The new plans will incorporate free international roaming, valued at Rs 2,000 for each SIM once per trip. This change means that postpaid plans will now begin at Rs 499, reflecting increased costs for consumers. Other telecom operators are expected to follow Airtel’s lead in adjusting their pricing soon.

Man got leave encashment, but exemption limit was hiked later; ITAT allows full Rs 12.27 lakh relief
https://timesofindia.indiatimes.com/business/india-business/retired-bank-employee-got-rs-12-27-lakh-leave-encashment-and-claimed-rs-3-lakh-exemption-in-2020-but-government-later-hiked-limit-to-rs-25-lakh-in-2023-itat-chennai-allows-full-tax-exemption/articleshow/134781129.cms

The ITAT Chennai bench viewed the increase from Rs 3 lakh to Rs 25 lakh as an enhancement of an existing benefit, rather than the creation of a new exemption. The Tribunal also found the change beneficial and remedial in nature and said it was intended to reduce hardship and bring parity between government and non-government employees.

Why BSE Sensex, Nifty50 are crashing on October 8, 2026? Top reasons
https://timesofindia.indiatimes.com/business/india-business/stock-market-crash-today-why-bse-sensex-nifty50-are-down-on-october-8-2026-top-reasons-for-fall-market-cap-fii-rbi-repo-rate-oil/articleshow/134782249.cms

Stock market crash today: At around 12:02 PM, Nifty50 was trading at 22,357.85, down 245 points or 1.08%. BSE Sensex was at 71,947.85, down 691 points or 0.95%. Sustained selling in large-caps by the FIIs have contributed significantly to this trend. With the US 10-year bond yield hovering above 5.3%, FIIs will continue to sell on every rally.

Gold price prediction: What is the gold price outlook on October 8, 2026?
https://timesofindia.indiatimes.com/business/india-business/gold-silver-price-prediction-today-what-is-the-gold-rate-outlook-for-october-08-2026-should-you-buy-or-sell-mcx-gold-mcx-silver/articleshow/134782895.cms