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...
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Modi govt orders Hindi tweets; no way, says DMK
File Photo: Asian Tribune
Chennai: Dubbing as beginning of "imposition of Hindi", the NDA Government's reported directive to officials to give priority to the language in social media, DMK chief M Karunanidhi today said Prime Minister Narendra Modi should focus on economic growth and social development.

"Giving priority to Hindi will be construed as a first step towards attempt at creating differences among non-Hindi speaking people and making them second class citizens," the 90-year old leader, whose party spearheaded the anti-Hindi agitation in the 1960s in the state, said in a statement here.

Reacting to media reports that officials of all Union ministries, departments, corporations, or banks, who have official accounts in social media, should use Hindi, or both Hindi and English but give priority to Hindi, Karunanidhi questioned why Hindi should be given priority over other languages listed in the Eighth Schedule of Constitution.

Recalling decades-long history of opposing Hindi impostion and his party's role in it, Karunanidhi said at a time when the aspirations of a diverse section of people needs to be addressed through constructive efforts, showing interest in a language for communication would become diversionary.

"It is the desire and appeal of all well wishers of the nation that Prime Minister Modi should focus on accelerating economic growth and social development."

Courtesy: First Post

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