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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Kerala Blasters Sign Seven Players
Photo: Telugu Cinema
Thiruvananthapuram, 23rd July 2014: Kochi-based Kerala Blasters Football Club did brisk business on day one of the central domestic player draft for Hero Indian Super League at Mumbai on Tuesday signing seven players, including Indian internationals Mehtab Hossain and Nirmal Chhetri.

Assistant coach Trevor Morgan was the kingpin for the Blasters and it showed with four out of seven players - Mehtab, Chhetri, Gurwinder Singh and Sushanth Mathew - drafted into the ISL team having played football for East Bengal FC when Morgan was the head coach there.
Mehtab Hossain, Nirmal Chhetri, Godwin Franco, Gurwinder Singh, Ishfaq Ahmed, Sushanth Mathew  and Sandesh Jhingan
Mehtab was reportedly the highest valued Indian at Rs 35 lakh in the draft while 23-year-old Chhetri has already won nine caps for India. Ishfaq Ahmed, Sandesh Jhingan and Godwin Franco completed the line up for the club owned by Sachin Tendulkar and Prasad V Potluri.

Blasters signed Sushanth in round six, their only acquisition of a Kerala player on day one, but missed out on another in Mohammed Rafi who was picked by Atletico de Kolkata, co-owned by Sourav Ganguly. Four more Kerala players will come up for grabs on the final day of draft on Wednesday.

 Blasters secured the signature of highly- experienced winger Ishfaq Ahmed, who played for Mohammed Sporting SC last season. Jhingan, a young centre back, was a player for Mumbai FC in I-League.

 28-year-old defender Franco, along with his soon-to-be teammate Chhetri, were called up for trials with German second division side Fortuna Dusseldorf last December.  Having already secured a winger and three defenders and midfielders each, Blasters are expected to try to bolster their striking department as well sign a goalkeeper in the remaining seven rounds on day two.

Apart from Morgan, Rajeev Kamineni, executive director of PVP Ventures, William D’Silva and Soli K Colah, managers of the team, represented Blasters at the draft.

 Team owners Tendulkar and Potluri stayed away from the draft on Tuesday, but the latter is expected to attend on day two.

Courtesy: The New Indian Express

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