
India's forex reserves fall $12.95 billion to $734.6 billion, fourth weekly drop
India's forex reserves fell US$12.95 billion to US$734.6 billion in the week to 2 October 2026, RBI data showed on 9 October, a fourth straight weekly fall.
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India's forex reserves fell US$12.95 billion to US$734.6 billion in the week to 2 October 2026, RBI data showed on 9 October, a fourth straight weekly fall.

The RBI raised the repo rate by 25 basis points to 5.50% on 7 October 2026, its first hike since February 2023, and moved to a calibrated tightening stance.

India's CPI inflation rose to 4.8% in August 2026 and core prices are firming, which matters for household budgets, business costs and investor returns.

The RBI raised the repo rate by 25 basis points on 7 October 2026 and shifted to a tightening stance, a move that affects borrowers, savers and investors.

New RBI rules on bulk fixed deposits of ₹3 crore and above take effect on 1 October 2026, and most ordinary savers will see no change in their FD returns.
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