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
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
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
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
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
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
Gold price prediction today: Gold and silver prices are expected to trade with a negative bias in the coming days. On the lower side, MCX Gold is expected to gradually move towards the Rs 1,45,000 level, which remains the key downside target. A decisive break below the immediate support zone could accelerate the decline towards this level.
No MDR on UPI from October 15? Government considers delaying rollout of fees: Report
https://timesofindia.indiatimes.com/business/india-business/no-mdr-on-upi-from-october-15-government-considers-delaying-rollout-of-fees-report/articleshow/134783783.cms
https://timesofindia.indiatimes.com/business/india-business/no-mdr-on-upi-from-october-15-government-considers-delaying-rollout-of-fees-report/articleshow/134783783.cms
MDR on UPI: Last month, the government ended the zero-fee regime for UPI by allowing merchants to be charged 0.4% on transactions above Rs 2,000. UPI is used by more than 500 million people across the country for payments ranging from roadside cups of tea to iPhones. The charge is scheduled to take effect on October 15, coinciding with the annual festive season.
RBI rate hike impact: Bond yields may hold near 7.25% after policy shift
https://timesofindia.indiatimes.com/business/india-business/rbi-rate-hike-impact-bond-yields-may-hold-near-7-25-after-policy-shift/articleshow/134782852.cms
https://timesofindia.indiatimes.com/business/india-business/rbi-rate-hike-impact-bond-yields-may-hold-near-7-25-after-policy-shift/articleshow/134782852.cms