Finance -

Rbi Governor Sanjay Malhotra: Rupee may be undervalued, markets can be irrational: RBI governor Sanjay Malhotra | India News

TazaPulseOctober 8, 2026

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra MUMBAI: Reserve Bank of India governor Sanjay Malhotra said the rupee was undervalued and the central bank would intervene to ensure orderly movement in the currency market even as it closed at 96.78 on Wednesday, down 36 paise from its previous close, after falling to...

Starlink Entry Into India: Some oligarchs blocking entry of Starlink in India: Elon Musk

TazaPulseOctober 8, 2026

Elon Musk says ‘oligarchs’ want to maintain a monopolistic chokehold NEW DELHI: Elon Musk has hit out at “certain oligarchs”, who he alleged were “blocking” Starlink’s entry into India.The trillionaire’s comments came on a day when Starlink, the company owned by him, said at India Mobile Congress (IMC) that it was ready to start service...

Rbi Repo Rate Hike: Loans set to get dearer as RBI hikes repo rate after 44 months

TazaPulseOctober 8, 2026

File photo: Reserve Bank of India (RBI) Governor Sanjay Malhotra arrives at a press conference in Mumbai (Picture credit: Reuters) MUMBAI: In a move that could hurt consumption during the festive season, mortgages and other loans are set to become more expensive, while deposits will start yielding higher returns in a few weeks, with Reserve...

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Fed officials see another hike coming, but no sign as to when, minutes show

TazaPulseOctober 7, 2026

Federal Reserve officials expect they will raise interest rates again before the end of the year to head off inflation that has run above target for more than five years, according to meeting minutes released Wednesday. But the meeting summary provided no indication of when specifically policymakers expected to raise benchmark rates – only that...

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Stocks making the biggest moves midday: GS, BULL, WS, MU

TazaPulseOctober 7, 2026

Check out the companies making the biggest moves midday: Banks — The group fell, with pressure coming from longer-dated Treasury yields rising to levels not seen in 24 years. Shares of Citigroup , Wells Fargo and Goldman Sachs fell nearly 2% each. Shares of JPMorgan Chase , Bank of America and Morgan Stanley were all...

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Stocks making the biggest moves premarket: STZ, FLUT, NEOG

TazaPulseOctober 7, 2026

Check out the companies making headlines before the bell: Neogen Corp – The food safety company jumped 11% after raising its fiscal year guidance. Neogen sees revenue ranging between $885 million and $890 million, versus its earlier call for $880 million and $885 million and the FactSet consensus forecast for $883.2 million. Penguin Solutions –...

After 3.5 years, RBI hikes repo rate: How does it impact your EMIs & loan interest payout? Explained

TazaPulseOctober 7, 2026

Does the repo rate hike mean an automatic increase in your loan EMIs? The Reserve Bank of India has announced a repo rate hike to keep inflation under check. But already faced with higher costs of daily essentials, Indian households have to now contend with paying higher EMIs for their loans.The US-Iran war has fed...

‘Rate cuts off the table’: Why RBI hiked repo rate by 25 basis points but also raised GDP growth forecast to 7.1%

TazaPulseOctober 7, 2026

The MPC observed that geopolitical developments continue to make the global environment difficult. RBI governor Sanjay Malhotra announced the Monetary Policy Committee’s (MPC) decision to hike repo rate by 25 basis points on Wednesday. Repo rate is the rate at which RBI lends money to banks and it now stands at 5.50%. The rate hike...

Gst Refunds Process: Most GST refunds may be processed within 17 days

TazaPulseOctober 7, 2026

NEW DELHI: The GST Council, which meets Thursday, will seek to slash the refund period to around 17 days, which will include a maximum 10 days for acknowledgement, beyond which it will be deemed to have been acknowledged, and seven days for processing. Currently, acknowledgement itself can take 21-45 days and the idea is to...

Man opted for VRS after employer shut plant, got Rs 65.21 lakh and reported it as advance salary in ITR; Section 89 relief was denied, but ITAT Pune later ruled it a non-taxable capital receipt

TazaPulseOctober 7, 2026

He reported the Rs 65.21 lakh as advance salary in his ITR and sought tax relief under Section 89 of the Income Tax Act. (Image for representative purpose only) You choose to retire early and get money from your company for the VRS. But you mistakenly report it in a wrong way in your income...