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RBI Raises Repo Rate to 5.5 as Inflation Risks Mount; Borrowers Face Higher EMIs
By
Poulami Saha
2 min read
RBI raised the repo rate 25 bps to 5.5%, its first hike since 2023, citing inflation risks. Floating-rate borrowers could face higher EMIs as lending costs rise.
Gold Price Today_ MCX Gold Declines 0.43 to Rs. 1,49,480 Ahead of RBI Policy Decision, Brent at USD 101.6
By
Bhavesh Maurya
2 min read
Gold traded lower on October 7, with MCX December futures declining 0.43% to Rs. 1,49,480 per 10 grams as investors awaited the RBI policy decision. Brent crude rose above USD 101, while XAU/USD remai ...
Samsung's Q3 profit seen jumping nine-fold, but chip margins may be flat
By
Somatirtha
2 min read
Samsung Electronics is expected to report a nearly nine-fold rise in third-quarter operating profit, driven by strong AI chip demand, despite slower memory price growth, currency pressure, and rising ...
Anthropic Expands Access to Latest AI Models for Cyber Firms
By
Antara
2 min read
Anthropic is giving more cybersecurity teams access to its latest Claude models. Trusted users will get more freedom to test software, find flaws and study security threats.
US Justice Dept tells staff to call AI 'super intelligence' under Trump order.
By
Simran Mishra
2 min read
The US DOJ has ordered staff to use “Super Intelligence” or “SI” instead of AI in future official communications, following Trump’s September executive order. The change may also appear in court filin ...
Stock Market Update_ Nifty 50 Opens 0.38 Lower, Sensex Slides 159.7 points Ahead of RBI Policy Decision
By
Bhavesh Maurya
2 min read
Indian equities opened cautiously ahead of the RBI policy decision, with Nifty 50 falling 0.38% to 22,690 while Bank Nifty remained near the 55,000 mark. Traders are watching 22,500-22,600 as key Nift ...
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