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Get the appGetIndia's retail inflation surged to 5.54% in September, exceeding estimates and nearing the Reserve Bank of India's tolerance ceiling. The rise was driven by costlier food items, including a doubling of onion prices. Analysts suggest inflation could reach 6-7%, potentially prompting the RBI to raise the repo rate by 100-150 basis points to control price pressures.
CNBC·
BusinessPhoto: News18Hi BusinessKiran Devi from Aragaro village, Chandwara block, Kodarma started poultry farming in 2012 with just 12 birds provided by Support organization. Her business has grown significantly, now managing around 1,000 chickens, showcasing a successful entrepreneurial journey despite competition from MBA and IIM graduates.
News18Hi Business··Kodarma
PoliticsPhoto: Times of IndiaRahul Gandhi stated that all protests against Chief Election Commissioner Gyanesh Kumar are essentially one protest. However, despite sharing common demands, the Congress party and the Cockroach Janta Party (CJP) have chosen to hold separate demonstrations and have not shared a stage during their protests.
Times of India·
BusinessPhoto: Mint MarketsShares of Nvidia, Micron, and SK Hynix dropped up to 5% following reports that Chinese memory maker CXMT plans to launch a new server memory product by the end of 2026. Rising oil prices due to escalating Middle East tensions also contributed to broader market pressure during this period.
Mint Markets·
PoliticsPhoto: News18 HindiThe President of India has ordered the transfer and new appointments of governors in six states, causing political stir from Uttarakhand to Kerala. Om Prakash Mathur, former Governor of Sikkim, is now Kerala's Governor. Rajendra Vishwanath Arlekar moves from Kerala to Tamil Nadu. New appointments include Braj Mohan Ram for Odisha, Dr. Sudha Yadav for Karnataka, Dr. Dhal Singh Bisen for Uttarakhand, and Dushyant Gautam for Sikkim. All will assume office on their respective dates.
News18 Hindi·
SportsPhoto: NDTV CricketIn the Ranji Trophy, Tushar Deshpande took a hat-trick and five wickets as Chandigarh were dismissed for 78 by Mumbai at Wankhede Stadium. Mumbai enforced the follow-on and Deshpande struck again early in the second innings. Meanwhile, Ravindra Jadeja scored 102 for Saurashtra against Chhattisgarh in Rajkot. Prerak Mankad made 129, and Dev Aditya Singh took five wickets for Chhattisgarh, who ended the day at 122/3.
NDTV Cricket··Mumbai
CNBC·
India's retail inflation surged to 5.54% in September, exceeding estimates and nearing the Reserve Bank of India's tolerance ceiling. The rise was driven by costlier food items, including a doubling of onion prices. Analysts suggest inflation could reach 6-7%, potentially prompting the RBI to raise the repo rate by 100-150 basis points to control price pressures.
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