Top stories

Sebi to issue Closing Auction Session framework after reviewing over 3,500 comments

• Sebi chairman Tuhin Kanta Pandey said the regulator will quickly review feedback and move ahead
• Comments cover proposed changes to CAS, market timings and derivatives settlement
• The framework could change closing-price execution for Indian stock-market participants and exchanges

Nayara raises petrol by ₹5 and diesel by ₹3 per litre

• Petrol prices rose ₹5 per litre and diesel ₹3, effective early Saturday, October 3
• Nayara operates 7,108 petrol pumps across India
• Higher pump prices may add to inflation, affecting Indian consumers and oil marketing companies

Vedanta Power Q2 sales rise 26% to 5,593 MU on stronger plant performance

• Vedanta Power’s Q2 FY27 sales rose 26% year over year to a record
• H1 sales rose 32% to 10,817 MU
• Higher sales support Vedanta’s power business and may benefit Vedanta Ltd shareholders

Five Indians rescued after projectile strikes tanker in Strait of Hormuz

• Five Indian nationals were rescued from Kuwait-flagged tanker MT Kazimah III
• The Indian Embassy in Oman coordinated the rescue
• Hormuz shipping risks matter to Indian oil importers and shipping companies

Apple removes Bitchat from India App Store after MeitY takedown demand

• Apple removed Jack Dorsey-backed Bitchat from India's App Store
• MeitY issued the takedown demand under Section 69A of the IT Act

SEBI examines non-agri contract position limits to improve liquidity

• The regulator is also working to reduce structural friction in commodity markets
• Higher commodity-market liquidity could benefit Indian exchanges and brokers

Fire and smoke reported near Aramco facility in Riyadh amid Houthi tensions

• Fire and smoke were seen near an Aramco facility in Riyadh
• Reuters cited a witness; reports linked the incident to rising Houthi tensions
• Escalation could lift oil prices, affecting Indian refiners and oil marketing companies

DMart Q2 standalone revenue rises 18.4% to ₹19,206 crore; store count reaches 518

• Standalone revenue from operations rose 18.4% to ₹19,206.18 crore
• Avenue Supermarts had 518 stores as of September 30, 2026
• Revenue growth is a key trading update for Avenue Supermarts and India’s organised retail sector

IDBI Bank Q2 business grows 18% to ₹6.27 lakh crore

• Deposits rose 17% year on year to ₹3.56 lakh crore
• Net advances increased 18% to ₹2.72 lakh crore
• Faster deposit and advances growth is a positive signal for IDBI Bank investors

RBI backs tokenisation and distributed ledgers but remains cautious on cryptocurrencies

• Governor Sanjay Malhotra said India supports innovation in distributed ledger technology and tokenisation
• The RBI remains wary of cryptocurrencies
• Crypto caution limits regulatory certainty for Indian crypto platforms; tokenisation support benefits fintechs

Bank of India Q2 Update: Global Business Nears Rs 19 Lakh Crore, Advances Up 20%

• Bank of India’s global business rose 21% year-on-year to Rs 18.9 lakh crore
• Advances grew 20%, while domestic business increased 23% to Rs 16 lakh crore
• Stronger business growth is positive for Bank of India shareholders

RBI Governor Sanjay Malhotra flags rising financial risks, warns against complacency as West Asia conflict adds to inflation pressure

• RBI Governor Sanjay Malhotra warned against complacency over rising financial risks
• He said the West Asia conflict adds to inflation pressure
• Heightened financial risks warrant vigilance among Indian banks and other lenders

Aurobindo Pharma: Strong dose of growth opportunities

With key projects moving into commercial production, the drugmaker has stronger near-term growth visibility and also a long runway

Apple to flag AI requests for Mac data after complaints over Meta’s Muse

• Apps will need more explicit user action before receiving Full Disk Access
• AI agents that act without human supervision have been surging in popularity

RBI Governor sees AI valuation correction as India opportunity but flags global risks

• RBI Governor Sanjay Malhotra said an AI valuation correction could boost capital flows to India
• India’s market pullback from recent highs has remained controlled, Mint reported
• Potentially stronger foreign flows may support Indian equities, while global risks could unsettle markets

India GDP forecast stays at 7%, uncertainty range remains wide: NITI Aayog’s Arvind Virmani

• Arvind Virmani retained his India GDP growth forecast at 7%, with a ±1% uncertainty range
• The growth outlook informs earnings expectations across Indian companies and sectors

RBI Committed To Remain Vigilant Of Emerging Vulnerabilities, Keep Financial System Resilient: Guv

• RBI Governor Malhotra said the central bank will remain vigilant of emerging vulnerabilities and keep the financial system resilient
• He flagged systemic risks that are increasingly exogenous, cross-border and interconnected
• RBI’s focus on resilience matters to Indian banks and financial institutions

Panagariya sees no major food or fertiliser crisis for India amid global disruptions

• India’s role as an agricultural exporter could lift demand for its exports
• Disruptions among major producers such as Ukraine could increase demand for Indian exports
• Potential export demand benefits Indian agricultural producers and exporters

RBI outlines five priorities for financial stability as global risks grow more interconnected

• RBI Governor Sanjay Malhotra outlined five priorities for safeguarding financial stability
• He addressed the Kautilya Economic Conclave on Saturday
• RBI financial-stability priorities matter to Indian banks and other financial companies

Fuel, finance shocks already hitting global economy; India better placed but not insulated: Neelkanth Mishra

• Higher fuel costs and tighter financial conditions are weighing on global demand and raising capital costs
• Higher oil and financing costs may pressure Indian airlines, transport firms and rate-sensitive companies

Iran War Pressures, G7 Oil Release, FlyDubai Terror Attack, More

India should tax capital income, not wealth or inheritance: Economist Daniel Waldenstrom

• Daniel Waldenstrom says India should tax capital income, including corporate profits and dividends, to address inequality
• A capital-income tax focus could affect Indian companies and dividend investors

Average home prices in Delhi-NCR rise maximum at 12 pc annually in Jul-Sep: Anarock

RBI Governor: Today's resilience may not imply tomorrow's immunity

• The RBI Governor said today’s resilience may not imply immunity in the future
• India is navigating the West Asia crisis from a position of strength and taking steps to build resilience

RBI governor flags geopolitical shocks, cyberattacks as potential triggers of next financial crisis

• Sanjay Malhotra said a future financial crisis may stem from geopolitical shocks, cyberattacks or technology failures
• He warned the crisis may not originate in the banking system
• The risks flagged by the RBI chief underscore resilience concerns for Indian banks and financial infrastructure

Petronet LNG names GAIL’s Sanjay Kumar as MD & CEO from May 13, 2027

• Sanjay Kumar will replace Akshay Kumar Singh, who retires on May 12, 2027
• Petronet approved a 50:50 JV with Gruner Renewable Energy to build 10 CBG…
• Leadership change and CBG plans matter to Petronet LNG and GAIL investors

SEBI developing second surveillance system to flag bad actors at listed firms and small IPOs

• The system will also scrutinise companies seeking to enter capital markets through small IPOs
• SEBI Whole-Time Member Kamlesh Varshney said the focus includes identifying “bad elements” among listed entities
• Tighter screening may affect small-IPO issuers and Indian listed companies

SoftBank-backed Starfish gets ₹88.3 crore from AceVector IPO exit

• SoftBank received ₹88 cr from the AceVector IPO
• The IPO gave early investors and promoters an exit; most selling shareholders booked losses
• The IPO outcome offers a valuation signal for Indian startup investors and public-market entrants

Dubai Crown Prince praises Indian flydubai pilot after cockpit attack

• Sheikh Hamdan bin Mohammed praised pilot Smit Machchhar after the cockpit attack forced Flight FZ1073 to

Trump rules out a US diesel export ban after G7 reserve release

• Trump said the US will not restrict diesel shipments
• European nations plan to expand fuel availability within the market

India weathered global shocks, retained policy space to respond: FM Nirmala Sitharaman

• Sitharaman said resilience came from fiscal prudence, infrastructure and banking reforms
• She cited 7.8% Q1 growth
• Growth and policy resilience shape outlooks for Indian banks, infrastructure firms and rate-sensitive sectors

India's crude imports hit 2026 high in September as Gulf supplies surge despite Hormuz risks

• Crude imports rose to a 2026 high of 5.26 million barrels per day in September
• Gulf supplies surged despite Strait of Hormuz risks
• Higher crude imports expose Indian refiners and fuel retailers to oil-price and currency swings

How the French Bond Trade Backfired on Investors

• Hedge funds made leveraged French bond bets over the summer, expecting political conditions to remain stable

RBI governor warns current financial resilience does not assure future stability

• Sanjay Malhotra flagged increasing exogenous systemic risks
• The warning underscores risk monitoring for Indian banks and other financial institutions

India likely to grow around 7% this year despite oil, rainfall concerns: Nilesh Shah

• India is likely to grow around 7% this year, with second-quarter momentum strong
• Higher oil prices could affect inflation, interest rates, the rupee and earnings
• Oil-driven inflation and currency pressure could weigh on Indian companies and rate-sensitive sectors

Commerce Minister Piyush Goyal meets US corporate leaders to push India investment opportunities

• Piyush Goyal met US corporate executives to promote investment opportunities in India
• Potential investment interest could benefit Indian electronics manufacturing and other sectors

Tata Motors PV Q2 Business Update: JLR Wholesale Volumes Up 24.5%, Retail Sales Decline

• JLR wholesale volumes rose 24.5%, reflecting recovery from a cyber incident a year ago
• Retail sales declined
• JLR’s volume recovery may support Tata Motors PV’s earnings outlook

TCS, Infosys, Wipro shares ahead of Q2 results: Explained | What Accenture's strong earnings mean for Indian IT stocks

• Accenture’s fourth-quarter results reflect rising AI adoption, shifting from pilots to larger implementations
• Signs of stronger AI demand may support Indian IT services companies, including TCS, Infosys and Wipro

Neelkanth Mishra Says Global Market Stress Already Visible, Fuel Prices And Bond Yields Rising

• Global stress is feeding into fuel demand, bond yields and borrowing costs
• India is seeing revived credit growth and sticking to fiscal discipline
• Higher borrowing costs may pressure Indian borrowers, while revived credit growth supports banks

The spice of the matter

• Orkla India’s heritage brands face input-cost, volume and distribution tests as double-digit revenue growth returns
• Orkla India investors face execution risks from costs, volumes and distribution

How Radico Khaitan is building Indian luxury spirits through provenance, innovation and premiumisation

• Radico Khaitan is expanding premium spirits beyond single malt whisky into rum, gin, world malt and liqueurs
• Premiumisation supports Radico Khaitan’s growth outlook in Indian alcoholic beverages

F&O Strategy: Long strangle on Federal Bank

Index Outlook: At a critical juncture

A bounce from the upcoming support is needed to avoid more fall

F&O Tracker: Bears stay firm

Futures and options positioning points to further decline

Investor Week: Put SEBI’s safeguards to work

World Investor Week, October 5-11, puts the spotlight on tools that help protect your money, resolve complaints and recover forgotten investments

Skyroot hit orbit, SEDEMAC listed: Avaana's Anjali Bansal explains why deeptech must scale

• Anjali Bansal said Indian deeptech must turn IP into industrial scale
• She pointed to Skyroot’s Vikram-1 orbital launch and SEDEMAC’s IPO
• The scale-up challenge matters to Indian deeptech startups and venture investors

Goyal holds bilateral meetings with top officials of several US firms

• Piyush Goyal held bilateral meetings with top officials of several US companies
• They discussed investment opportunities

RBI rate hike unlikely to trigger broad-based NBFC asset quality stress: Report

• Nuvama says a potential RBI rate hike may not significantly stress NBFC asset quality
• A limited asset-quality hit would support sentiment on Indian NBFCs

Pakistan's govt serves at mercy of their Army: India

US-Russia talks on Ukraine involve multi-billion dollar oil deal, NYT reports

Today’s Gold Rate in India October 3: Gold prices down in Coimbatore, Nagpur, Visakhapatnam, Surat, Jaipur

• 22- and 24-carat gold prices fell across metro cities on October 3

UPI MDR Charges: Start date, slabs and why is this Merchant Discount Rate being introduced now? All questions answered

• Payment fees could affect UPI economics for Indian banks and fintech companies

Over 7% growth looks certain this year, but next year needs lower oil prices says Nilesh Shah

• Nilesh Shah said growth above 7% looks certain this year
• He said next year’s growth needs lower oil prices, flagging inflation and supply-chain disruptions
• Higher oil prices would raise costs for Indian manufacturers and transport companies

Bajaj Finance shares: Jefferies India's top stock pick — 35% upside seen despite negative YTD return | Target price

• Jefferies named Bajaj Finance its top stock pick and sees 35% upside
• The recommendation followed Bajaj Finance’s ₹17,500 crore fund raise
• The bullish call and large fund raise put Bajaj Finance shares and NBFC sentiment in focus

China opens anti-dumping probe into EU chemical imports ahead of trade talks

• China launched an anti-dumping probe into EU imports of p-nitrotoluene
• Beijing rejected claims that state support drives Chinese manufacturers’ competitiveness and threatened countermeasures against EU moves
• Trade diversion or tariff shifts could affect Indian specialty-chemical producers

FM Sitharaman calls for open, predictable global economic ties amid rising uncertainty

• Nirmala Sitharaman urged open, predictable global economic ties amid rising uncertainty
• She cited geopolitical tensions, trade barriers and thinner buffers as reshaping the global economy
• Trade uncertainty may affect Indian exporters and companies reliant on global supply chains

BMC entertainment tax proposal likely to marginally increase ticket prices by Rs 5-10

• Mumbai movie tickets could rise by Rs 5-10 if BMC raises per-show tax from Rs 60 to Rs 400
• Exhibitors and producers say…
• Higher ticket prices may affect Mumbai cinema attendance and listed multiplex operators

CII welcomes RoDTEP extension, seeks five-year policy horizon for exporters

• CII welcomes the extension of RoDTEP and seeks a five-year policy horizon for exporters
• The government targets $1 trillion in exports this fiscal year
• RoDTEP continuity matters to Indian exporters, including merchandise-exporting manufacturers

Parliamentary panel may recommend stricter monitoring of crypto transactions in India

• A parliamentary committee is exploring legal avenues to regulate cryptocurrency transactions and assets in India
• Stricter oversight could affect Indian crypto platforms and investors

Dalal Street Week Ahead: Oversold Nifty may rebound as volatility stays high

• The Nifty modestly breached its 200-week moving average as its technical structure weakened
• The outlook points to a possible rebound in oversold Nifty, with volatility remaining high
• Volatility and a possible rebound matter for Indian equity investors, especially index-linked funds and traders

Govt preparing new affordable housing policy, expected to come in next six months, says Credai

• A new affordable housing policy is expected within six months
• Credai urged the government to remove the ₹45 lakh per-unit price cap
• A revised affordability definition could affect Indian housing developers and home-finance companies

Policybazaar, Paisabazaar share: PB Fintech stock down 48% in 6 days, more pain ahead - Here’s why | Revised target

• PB Fintech shares fell 48% over six sessions amid proposed insurance commission changes
• Brokerages revised estimates, raising concerns about the company’s outlook
• Lower commissions may pressure PB Fintech’s revenue and weigh on its shares

Sebi receives 20,000 comments on proposed CAS changes; framework to follow soon

Titan Company deepens focus on mechanical horology as category grows almost 5-fold

• Titan launched Vetra to build capabilities across mechanical watch functions and propositions
• Titan’s investment in mechanical horology could support growth in its watches business

Pakistan summons Indian diplomat over killing of two civilians at border

Parliamentary panel may recommend govt for action on monitoring crypto

• A parliamentary panel may recommend how the government monitors cryptocurrency transactions and handles digital assets legally
• Possible monitoring rules could affect Indian crypto exchanges and digital-asset users

Diesel boom lifts Reliance and Nayara, leaves state-run OMCs bleeding

• Private refiners Reliance and Nayara are cashing in on diesel export margins
• State-run OMCs absorb losses as controlled pump prices meet rising domestic demand
• Refining margins support Reliance Industries, while controlled pump prices pressure listed oil-marketing companies

Bajaj Housing Finance Q2 busines update: AUM rises 25% to ₹1.58 lakh crore; check here for all detail

• Bajaj Housing Finance AUM rose 25% to ₹1.58 lakh crore in Q2FY27
• Gross disbursements increased 25.2% to ₹19,930 crore
• AUM and disbursement growth offer a demand signal for Bajaj Housing Finance and housing lenders

G20 discusses curbing excess capacity, dumping hurting fair trade: Goyal

• G20 trade ministers discussed curbing excess capacity and dumping that hurt fair trade
• Anti-dumping discussions matter to Indian manufacturers competing with subsidised imports

Investing in resilience is economically rational, says Principal Secretary PK Mishra

• PK Mishra said investing in resilience is economically rational amid uncertainty
• He made the remarks at the 5th Kautilya Economic Conclave

FPIs pull out over ₹35,000 cr in Indian stocks in Sept: Why SEBI’s easier access reforms alone may not help

• FPIs withdrew ₹35,860 crore from Indian equities in September
• They had invested ₹20,200 crore in July and ₹29,630 crore in August
• Foreign outflows can pressure Indian equities, particularly stocks reliant on overseas portfolio flows

8th pay commission: Stakeholder meetings underway — Here are the key dates and FAQs answered

• The 8th Central Pay Commission is consulting stakeholders on possible revisions
• It is chaired by former SC Justice Ranjana Prakash Desai

Aurobindo Pharma gets USFDA final approval for Perampanel tablets

• USFDA granted final approval for Aurobindo Pharma’s Perampanel tablets
• Aurobindo plans to launch in Q3 FY27; estimated US market size is $67 million
• The approval and launch plan could support Aurobindo Pharma’s US generics business

India may finalise MRFA deal by current financial year: IAF chief

• IAF chief A.P. Singh says the MRFA deal could be finalised this financial year
• Russia’s Su-57 is among options if the AMCA programme faces delays
• The fighter procurement outlook matters to Indian defence companies competing for contracts

Business Update: Vedanta Power, Ujjivan SFB, Tata Motors JLR, Bank Of India and more

• Bank of India, Ujjivan SFB and Vedanta Power reported strong Q2 business updates
• Vedanta Aluminium reported record quarterly aluminium production
• The updates offer operating signals for Vedanta, Bank of India and Ujjivan SFB investors

P K Mishra says sanctions, tariffs can be weaponised as policy tools

• Mishra said export restrictions, sanctions and tariffs can become instruments of economic policy

Vedanta Aluminium reports highest-ever quarterly aluminium production at 649 KT

• Vedanta Aluminium reported record quarterly aluminium production of 649 KT and alumina production of 895 KT in Q2 FY27
• Record output may support Vedanta’s metals business and its listed shares

CAFE-III norms explained: What they mean for small cars, SUVs, EVs and hybrids

RBI grants Core Investment Company registration to Indiabulls

• RBI granted Indiabulls a Certificate of Registration as a Core Investment Company
• The approval lets Indiabulls operate as a Core Investment Company under RBI guidelines

Why India’s Manufacturing Future Isn’t the China Model

Next phase needs private investment, higher R&D spend: Sitharaman

• Sitharaman called for more private investment and higher R&D spending to drive India’s next growth phase

Sobha Q2 business update: Bengaluru developer's total sales value rises 16% YoY to ₹2,206 crore

• Q2 FY27 sales value rose 16% YoY to ₹2,206 crore, but fell 40% sequentially
• Sales area increased 2.2% YoY and declined 39.3% QoQ
• Sobha’s sales growth supports sentiment for Indian residential real estate

Greed and Fear Report: Chris Wood-led Jefferies sees IT earnings soaring 65% on AI boom but flags this as a key risk

• Jefferies sees IT earnings soaring 65% on an AI boom, while flagging rising bond yields as a risk
• AI-led growth could lift Indian IT earnings, while higher bond yields pose a valuation risk

Indian economy’s fundamentals intact and strengthening, says FM Sitharaman

• Sitharaman said India’s economic fundamentals are intact and strengthening
• She flagged strategic resources, global openness, skills and private investment as priorities

Lack of US-India deal will not have an adverse impact on India’s growth, says Panagariya

• Panagariya says lack of a US-India deal will not adversely affect India’s growth
• Trade policy uncertainty matters to Indian exporters, though Panagariya says growth will not be hurt without a deal

G7 agrees to release 100 million barrels of oil and fuel over four months

• Release includes crude oil and diesel from emergency reserves
• The coordinated supply aims to ease shortages and stabilise fuel markets
• Lower crude and diesel prices would ease input costs for Indian refiners and fuel users

SBI-led lenders say Vijay Mallya owes Rs 8,752 crore more

• SBI-led lenders say Vijay Mallya owes ₹8,752 crore more
• Debt recovery may affect SBI and other lenders’ recoveries

Crude Check: Bullish posture

Bullion Cues: Support fails

The corporate insurance trap: Relying solely on your company’s health cover is a bad idea; here’s why

• Relying solely on corporate health insurance can leave families exposed during job transitions or retirement

Petrol, Diesel Prices On October 3: Check New Fuel Rates In Mumbai, Bengaluru, Chennai, Kolkata And More

• Global crude crossed $100 amid Middle East tensions
• State-run oil companies kept fuel prices unchanged on October 3
• Crude above $100 pressures margins for Indian oil-marketing companies if pump prices stay unchanged

India’s R&D gap: FM Sitharaman says ₹1 lakh crore scheme must boost private-sector innovation

TVS Sales Sep 2026 - 2W 6.46 Lakh, CY Q3 19.19 Lakh Total

India can sustain around 7% growth despite global concerns: Nilesh Shah

• Nilesh Shah sees around 7% growth for India this year
• His outlook factors in higher oil prices and deficient rainfall
• Oil prices and rainfall affect Indian energy companies, agriculture and consumer demand

FM Sitharaman Seeks Greater Certainty In Global Trade, Flags Risks Of Market Fragmentation

• Nirmala Sitharaman called for greater certainty in global trade and flagged risks from market fragmentation
• Trade-dependent Indian exporters are exposed to shifts in global trade and market fragmentation

IPO-Bound Kuku Technologies Turns Profitable In FY26, Revenue Surges 6X To ₹1,484 Cr

• Kuku Technologies turned profitable in FY26, with revenue rising sixfold to ₹1,484 cr

‘Big relief’ for online gaming: Sanjit Bangar flags sharp GST demand cuts, no director penalties

• Latest GST orders sharply reduced tax demands against major online gaming companies
• The orders imposed no penalties on directors
• Lower tax exposure offers relief to Indian online gaming companies

140 Indians discharged from Russian army: Govt seeks Moscow update on 55, 'balanced' trade push

• Around 140 Indians have been discharged from the Russian army
• India sought an update from Moscow on 55 Indians

Vast majority of G20 countries reject US stance on excess industrial capacity, forced labour

• Only Mexico and Argentina joined the US statement on forced labour in supply chains
• The vast majority of G20 countries rejected the US stance on excess industrial capacity and forced labour

As public fears of AI grow, Trump digs in on voluntary safeguards

Trump to speak at Ohio rally as Republicans defend Senate seat in close race

Hindustan Zinc Q2 business update: Refine lead production jumps 14%, check here for more

• Mined metal production rose 5% YoY to 271 kilotonnes; saleable metal output increased 7% to 264 kilotonnes
• Refined lead production jumped 14%
• Higher output may support Hindustan Zinc’s revenue and sentiment for Indian metal producers

Crypto job postings triple to over 1,200 in September, but applications fall

Finance, engineering and trading led hiring demand, while Bitcoin, Ethereum and Solana were the most frequently requested blockchain skills.

FM Sitharaman: Need to keep building resilience, not a one time exercise

• Nirmala Sitharaman called on the private sector to lead the investment cycle
• She urged businesses to increase spending on R&D
• Private investment and R&D spending shape prospects for Indian industrial and technology companies

New-Age Tech Stocks Extend Slide, Turtlemint Slumps Another 20% This Week

• 47 new-age tech stocks declined this week as benchmark indices logged an eighth consecutive weekly slide
• Turtlemint fell another 20% this week
• Continued weakness puts pressure on Indian new-age tech stocks, including Turtlemint

Over 550 mn UPI users, 69 mn MF investors and 50 mn stock buyers — why are millions still not investing? Report decodes

• India has over 550 million UPI users, 69 million mutual fund investors and 50 million stock buyers
• An EY report examines why investment remains low despite rapid growth in digital payments
• Low investment participation highlights growth potential for Indian mutual fund and brokerage firms

V2 Retail Q2 business update: Revenue growth rises 28.4% to ₹905 crore

• V2 Retail’s Q2 standalone revenue rose 28.4% to ₹905 crore, with 49 new stores
• Revenue growth and store additions matter directly to V2 Retail shareholders

After Sept, bond yields to peak in Oct too? Experts decode future of Indian bond market; RBI's next move holds key

• Shorter-tenure corporate bonds may offer better risk-reward opportunities
• Dynamic bond funds offer flexibility across risk profiles; the RBI’s next move remains key
• Bond yields and RBI policy shape returns for Indian bond investors and bank portfolios