Rate-sensitive sectors rose after the RBI held the repo rate at 5.5%. The central bank revised FY26 GDP growth to 6.8% and inflation to 2.6%. Stock markets gained, with Nifty Bank and Financial Services leading, while broader indices underperformed.
RBI Policy Meeting: TV Mohandas Pai critiques the RBI’s decision to keep the repo rate unchanged at 5.5%, arguing it contradicts easing inflation trends. He warns that this could lead India toward a rent-seeking economy, hindering investments and economic growth.
Ever since a teenager’s body was found inside the Tesla of rising indie singer, David Anthony Burke a.k.a D4vd. It has put the young artist under intense public scrutiny. The case has received widespread speculation, especially after she was identified as a 15-year-old, Celeste Rivas Hernandez, whose mother claimed her daughter was dating someone named … Read more
Varun Dhawan recently recounted a pivotal moment when his father, David Dhawan, sternly corrected him for interfering with his direction as a young intern. David emphasized professional hierarchy, advising Varun to wait until he achieved his own stature. While initially disappointed, Varun later understood his father’s wisdom, noting their creative discussions are now highly productive.
Deepika Padukone has emerged as the most-searched Indian actor of the past decade, according to an IMDb report, surpassing industry giants like Shah Rukh Khan. This landmark achievement underscores a female star’s significant dominance in Indian cinema. Padukone reflected on her journey, emphasizing the importance of challenging norms and embracing authenticity.
Dhanush’s ‘Idli Kadai’ has premiered to mixed reviews, with its digital rights acquired by Netflix for an anticipated November release following a four-week theatrical run. Early Twitter reactions reflect varied opinions, praising GV Prakash’s BGM and Dhanush’s performance while noting some negative aspects. The film, directed by Dhanush, blends comedy, drama, and action.
Shraddha Kapoor posted a Holi picture six months late. Her social media post generated much discussion. She was last seen in the film Stree 2. The actress also announced an animated film called Choti Stree. This new project is based on her popular character. She continues to engage her audience.
Fabtech Technologies IPO saw full subscription by the second day, with 1,21,11,225 shares bid for. The company offers turnkey solutions for pharmaceuticals and biotech, with an IPO size of ₹230 crore and a fixed price range of ₹181-191 per share.
Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:
Om Freight Forwarders IPO GMP today: According to market observers, shares of Om Freight Forwarders Limited are available at a premium of ₹3 in the grey market today