Thursday, 8 October 2026

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Banking and finance, markets, the economy and companies.

RBI intervention halts rupee's slide to record low, risks linger

The Indian rupee struggles amid climbing oil prices and a weakening of Asian currencies. Despite the Reserve Bank of India's intervention, traders remain wary regarding the future of the currency. Many market players doubt that a central bank interest rate hike will stem capital flight, while escala…

2 min read

Keep UPI free, govt should withdraw proposed charges: GTRI

The Global Trade Research Initiative has urged the government to withdraw the proposed UPI charges set for October 15. Introducing fees on UPI transactions may adversely affect small businesses and consumer spending. Maintaining free UPI supports broader digital payments and benefits banks and payme…

3 min read
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