Economy

Rupee opens 7 paise weaker at 95.88 as oil prices climb

• The rupee weakened 7 paise to 95.88 against the US dollar
• Stalled US-Iran talks pushed oil prices higher
• A weaker rupee and higher oil prices pressure Indian oil marketers and import-heavy companies

Nomura expects RBI to raise rates by up to 50 bps by December

• Nomura sees a possible 50 bps increase by December, taking the terminal rate to 5.75%
• Nomura expects two 25 bps hikes, in October and December
• Higher rates may weigh on banks, NBFCs and rate-sensitive sectors, while supporting lenders’ margins

Rupee and government bonds face pressure as oil rises and Iran diplomacy hopes fade

• The rupee and government bonds are vulnerable as oil prices climb
• Global bond yields have surged to multi-year peaks
• Higher oil and yields pressure the rupee and bond prices, affecting banks and rate-sensitive stocks

Rupee faces pressure as Iran talks stall; RBI intervention seen as a buffer

• The rupee settled at 95.8125 to the dollar on Friday
• The rupee is expected to open slightly weaker, with RBI intervention described as a reliable buffer
• A weaker rupee may benefit IT exporters but raise costs for Indian oil importers

India's key-tenor bonds may see relief after October-March supply cut

• Government plans ₹7.86 lakh crore in bond sales from October to March
• Lower bond supply may ease yields, benefiting Indian banks and rate-sensitive stocks

India's forex reserves fall $14.89 billion to $766 billion

• Forex reserves fell $14.89 billion to $766 billion in the week ended September 18
• Foreign currency assets declined $14.816 billion to $630.980 billion
• A reserve decline can add pressure to the rupee, affecting import-dependent Indian companies

Markets pricing an excessive 125bps rate hike over the next one year: Nomura

• Nomura says markets are pricing an excessive 125 bps of rate hikes over the next year
• It expects the chance of further increases to diminish beyond February 2027
• Higher rate expectations pressure rate-sensitive Indian lenders, real estate and consumer stocks

Weekly policy watch: Goyal-Greer meet, IIP, PMI and forex data in focus

Rupee's likely to slip despite RBI push for stability

• The rupee could fall to 96-97 per dollar by FY27-end
• Persistent outflows from Indian financial assets and elevated crude oil are among the pressures
• A weaker rupee raises import costs for oil, airlines and other companies with foreign-currency exposure

Bond yield inches up, govt borrowing plan in focus

Indian central bank likely shielding rupee as US-Iran impasses lifts oil prices, traders say

• The rupee declined 0.1% to 95.89 per dollar
• Central bank intervention helped the rupee hold above 96 per dollar
• Higher oil prices pressure Indian airlines, paints and other fuel-dependent businesses; a weaker rupee raises import costs

Private capex hit a new high in FY26. Just 112 projects accounted for two-thirds of it

Mounting govt debt and AI capex: what higher interest rates mean for India

• Global sovereign debt and AI-related corporate borrowing are pushing interest rates higher
• Higher global rates may pressure Indian banks, borrowers and equity valuations

Tailwinds under-appreciated, India can absorb global shocks and grow: DBS Bank group chief economist Taimur Baig

• DBS chief economist Taimur Baig says India and the global economy are coping better with shocks than many believe
• He cites strong consumption and resilient growth

India’s consumer durables market could reach ₹3.25 lakh crore by 2030

• Market projected to reach ₹3-3.25 lakh crore by 2030
• Domestic value addition could rise from 50-55% to 65-70%
• Rising local component production could benefit Indian appliance and electronics manufacturers

Ruchir Sharma Evaluates India on the Rules of Economic Success

Why the rupee can't bounce back in a hurry—and other macro risks investors should watch out for

Maharashtra declares 265 talukas drought-affected and announces relief measures

• 265 of Maharashtra’s 358 talukas, or 74% of the state, were declared drought-affected
• Relief includes crop-loan restructuring, land-revenue concessions and postponed recovery of agriculture loans
• Drought and relief measures expose Maharashtra-focused lenders, farm-input firms and power distributors

A tipping point in Indian energy

• India’s shift to renewables is expected to involve a nonlinear adjustment
• The energy transition may reshape prospects for Indian power and renewable-energy companies

Major impact on kharif crops seen from monsoon deficit, uneven rainfall

Mint Quick Edit | Foreign direct investment inflows are looking up: Can this upturn be sustained?

Private sector capex projected to rise to ₹3.2 trn in FY27: RBI bulletin

• Private-sector capex is projected to rise to ₹3.2 trillion in FY27
• Project costs reached a record ₹4.4 trillion in FY26; infrastructure dominated investment
• Higher infrastructure investment may benefit Indian construction, capital goods and infrastructure companies

Rising global bond yields, US uncertainty and AI gap may hit India’s capital inflows: CEA

Ayush services sector could reach $318 billion by 2047

• Sector contribution estimated at $36.92 billion
• Projected to reach $216 billion-$318 billion by 2047, growing at a 16.91% compound annual rate
• Growth may benefit Indian Ayush and wellness businesses, though no listed company is identified