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The RBI kept the repo rate at 5.25%, keeping fixed deposit rates steady for now. Adhil Shetty said, "By keeping the repo rate unchanged at 5.25%, the RBI has supported stability in deposit rates." Investors should consider laddering deposits across different maturities to manage risks while earning stable returns today.
M L Jat said India must shift from a production-centric agriculture model to an agri-food value chain approach on Tuesday. This change helps boost farmers' incomes and creates rural jobs. Jat also noted, "Empowering women in the agri-food system is not merely a matter of equity. It is a strategic imperative."
The Society of Indian Automobile Manufacturers withdrew its communication regarding E20 fuel contamination concerns. SIAM said, "Some numbers quoted in the communication need authentication through collection of elaborate data." The body previously flagged issues like chloride contamination and moisture. Meanwhile, the Petroleum Ministry said OMCs regularly monitor fuel quality.
Financial advisor Prem Soni says Gen Z spends on Rs 15,000 sneakers and expensive iPhones because traditional milestones feel unreachable. He argues this reflects the "Lipstick Effect," where young people choose small luxuries over saving for homes costing Rs 3 crore. Many now prefer immediate enjoyment instead of long-term financial goals.
Indian refiners bought more crude oil from the Middle East and West Africa, trade sources said on Wednesday. Mangalore Refinery and Petrochemicals bought 1 million barrels of Oman crude at a $3 premium. Meanwhile, Indian Oil Corp got four million barrels of West African crude from Chevron to boost supplies.
Early loan repayment reduces interest costs but may not immediately improve credit scores. Kaushik Chatterjee said, "Early loan repayment reflects responsible financial behaviour, but it does not necessarily translate into an immediate boost in your credit score." Experts suggest that consistent repayment habits matter more than closing a loan early.
Berger Paints reported a 28.51% jump in Q1FY27 net profit to Rs 404.34 crore. Revenue rose 11.97% to Rs 3,583.75 crore. The company said decorative and automotive segments led growth. However, the West Asia conflict pushed up raw material costs. Management now flags crude and forex risks as key concerns ahead.
The Reserve Bank of India on Wednesday kept the benchmark repo rate unchanged at 5.25%. Industry experts said stable interest rates would support housing demand and improve buyer confidence. Lata Pillai said, "The certainty around lending rates is expected to keep both developers and homebuyers relatively unfazed," helping the market.
Women held less than one in five senior management positions in corporate India in 2025-26. Government data showed women occupied 43,331 of the 252,103 roles. While the gap remains wide, the number of women directors crossed one million for the first time, showing a slow but steady rise in representation.
RBI Governor Sanjay Malhotra said on Wednesday, August 5, that the bank is targeting to launch polymer currency notes by the beginning of the next financial year. He said these notes have lasted for over 30 years in some jurisdictions and will come in handy for lower denomination notes.
Sensex and Nifty fell on Wednesday as early gains vanished amid fresh geopolitical concerns. Markets dropped after US President Donald Trump warned Iran over the Strait of Hormuz. Investors also started profit booking at higher levels. Analysts noted that Nifty faced resistance near 24,700, keeping the index under pressure today.
Gnani.ai CEO Ganesh Gopalan said business outcomes, not AI models, will decide enterprise deals. He noted that the real competitor is existing systems. "The only proof here is did the customers' outcomes improve or not?" Gopalan said. The startup added 10-15 customers a month over the past eight months.