The Repo Rate Hike: Inflation Gave the Cover, the Rupee Gave the Reason

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SumanSpeaks Independent Capital Markets & Geopolitical Intelligence RBI Policy Decoded The Repo Rate Hike: Inflation Gave the Cover, the Rupee Gave the Reason The RBI raised the repo rate by 25 basis points to 5.50 percent on 7 October 2026. With the rupee at ₹96.78 to the dollar, the Fed at 3.75–4.00 percent and bank credit growing near 18 percent, the fuller story is bigger than August CPI of 4.8 percent. The Reserve Bank of India raised the repo rate by 25 basis points to 5.50 percent on 7 October 2026. It is the first hike since February 2023, and the stance has moved from neutral to calibrated tightening. The rate decision was unanimous. The Governor cited inflation. The Monetary Policy Committee said the inflation outlook is no longer as comfortable as it was last year, and near-term rate cuts were taken off the table. That is the official story, and it is not wrong. But it is incomplete. Look at what surrounds the decision: a rupee near its record...
Stone India Ltd
BSE Code: 522085
Investors can buy the shares of Stone India Ltd at the price range of Rs.57.80--Rs.58 for the short term. The stock is looking good on the daily charts.
Stone India Limited earlier received the first bulk order valued at Rs.49 Million from Rashtriya Coach Factory, Kapurthala for the supply of Air Spring for 123 coach sets.
It is manufacturing this product in collaboration with Sumitomo Electric Industries, Japan - the leading supplier of such products for Bullet Trains in Japan. This product will be supplied both from Kolkata as well as from its new plant in Nalagarh, Himachal Pradesh. The company expects to receive more orders for Air Spring during the year.
The company would get benefitted from the introduction of few more "Duranto Express Train"  by the railway minister, Ms.Mamata Banerjee. 
"Duranta Express" will use a 'new generation' pneumatic suspension system manufactured by Stone India, which will provide superior air cushion ride for passengers for trains running at a higher speed. Its uniqueness lies in its rubber & metal design which holds a large column of air.
Stone India, a multi-product engineering company located in Kolkata, has been serving the Indian rail road industry for over seven decades.
It was also recommended earlier in my blog: SumanSpeaksPlus.

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