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BusinessPhoto: News18 Business

RBI Raises Minimum Daily CRR Maintenance To 99% From October 16

The Reserve Bank of India has increased the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks from 90% to 99%, effective from the reporting fortnight starting October 16, 2026. This change reduces banks' flexibility in managing daily cash reserves, requiring them to maintain at least 99% of the prescribed CRR each day, while the average CRR requirement over the fortnight remains unchanged.

News18 Business·

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BusinessPhoto: Mercom India

NTPC Green Invites Bids for Inverter at Nokhra Solar Project

NTPC Green Energy (NGEL) has issued a tender to procure a 3,125 kW spare inverter from Sineng Electric for its Nokhra solar power project. The deadline for bid submission is October 14, 2026, with bid opening scheduled for the next day. This procurement aims to support the project's operational efficiency.

Mercom India·

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BusinessPhoto: TOI Business

Gold Prices Stabilize Above Rs 150,000 in October 2026 Week

Gold prices started the week at Rs 150,750 after recovering from a recent dip to Rs 146,000–147,000. Despite this recovery, prices remain significantly below the September peak of Rs 163,000–165,000. The daily trend shows modest improvement, with gold trading above the 20-day average of Rs 150,263, indicating a stabilization of selling pressure following the recent correction.

TOI Business·

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TechnologyPhoto: Mercom India

India's Data Centers Expand Renewable Energy Use Amid Rising Demand

India's data center power capacity surged from 375 MW in 2020 to 1.57 GW by August 2026, driven by AI growth and expanding data infrastructure. The sector's electricity demand is increasing rapidly, making renewable energy with storage crucial. Projections estimate capacity will reach nearly 8 GW by 2030, highlighting the importance of transmission systems for sustainable power supply.

Mercom India·

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EntertainmentPhoto: News18 Movies

Nakul Dhull Joins Bigg Boss 20 as Wild Card Contestant

Nakul Dhull, known as Mitthu Don, is a social media influencer from Faridabad, Haryana. He entered Bigg Boss 20 as the second wild card contestant on the October 11 Weekend Ka Vaar episode. Known for his outspoken personality and strong opinions, Nakul is now facing new challenges inside the Bigg Boss house, adapting to the dynamics among contestants.

News18 Movies··Faridabad

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BusinessPhoto: ET Markets

Aeroflex Industries Shares Rally 13% Ahead of Expansion Board Meeting

Aeroflex Industries shares surged nearly 13% as investors anticipated the October 14 board meeting focused on expansion plans and capacity enhancements. The stock has gained over 200% in 2026, with the company's market capitalization reaching approximately Rs 7,715 crore. This rally reflects strong investor confidence ahead of key strategic decisions.

ET Markets·

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