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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.
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.
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.
GetVantage secured Rs 63 crore in a Series A1 round on Wednesday to scale its Capital Gateway for MSMEs. Founder Bhavik Vasa said, "Our growth and momentum validate our evolution into India's Capital Gateway." The Mumbai-based fintech platform uses this funding to help small businesses access working capital seamlessly.
Indian travel companies and hotels expect a strong current quarter performance despite the West Asia conflict. Nikhil Sharma said, "September is showing stronger momentum, with average room rates across our portfolio pacing more than 25% higher year-on-year." Buoyant domestic travel and upcoming business events continue to drive this steady growth.
Jetstar will charge passengers for storing larger carry-on bags in overhead lockers from February. You can still keep one under-seat bag for free. CEO Stephanie Tully said, "You only pay for what you need." The airline hopes this new policy will speed up boarding and help flights leave on time.
Vodafone Idea entered a period of execution for FY27 after resolving its long-running AGR dispute. Chairman Kumar Mangalam Birla said, "FY27 begins a period of execution." The company got promoter capital and started adding subscribers again. Revenue rose to Rs 44,873 crore as the firm focused on improving its network competitiveness.
Having a second child after a long gap often changes long-term financial planning by extending education expenses closer to retirement. A 38-year-old couple might need to work six more years to reach their goal. Experts suggest separate investment plans for each child and warn against using retirement savings for education.
The RBI kept the repo rate at 5.25 percent on Wednesday, citing crude oil volatility as a major inflation risk. While the central bank lowered the FY27 inflation projection to five percent, it raised the growth forecast to 6.7 percent. Geopolitical tensions continue to cloud the near-term price outlook.