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...
Corporate Announcement: Jupiter Bioscience Ltd (Scrip code: 524826): 
Panoramic Universal Ltd came out with good topline while slightly flat bottomline for Q2FY11:
Jupiter Bioscience Ltd has informed BSE that the Board of Directors of the Company at its meeting held on October 22, 2010, has concluded the placement of 35,00,000 Global Depository Receipts at US$ 19.50 per Global Depository Receipt (Representing 3,50,00,000 equity shares of Rs.10/- each) amounting to US$ 68.25 million.
Accordingly, the Board has approved and allotted 35,00,000 Global Depository Receipts underlying 3,50,00,000 equity shares of Rs.10/- each representing the said GDR's.
THEREFORE, MONEY IS COMING IN THE COMPANY WHICH IS A POSITIVE SIGN FOR THE SHAREHOLDERS. 

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