MPC Keeps Repo Rate Unchanged at 5.25%, Stance Neutral
The MPC held the repo rate steady at 5.25% in its June 2026 policy review, maintaining a neutral stance. The decision signals a pause in the rate-cut cycle as the RBI balances inflation concerns from fuel price hikes against the need to sustain growth momentum.
💬 Expert Take - “A pause at 5.25% was widely expected. The RBI is watching oil prices and their pass-through to inflation before committing to further easing.”
Cabinet Approves ₹10,000 Crore ATF Price Stabilisation Fund
The Cabinet has approved a ₹10,000 crore fund to stabilise Aviation Turbine Fuel prices and shield airlines from jet fuel volatility. The move is expected to provide meaningful relief to carriers grappling with elevated operating costs amid rising crude prices.
PM Surya Ghar Scheme Targets 75 Lakh Households by December 2026
The PM Surya Ghar: Muft Bijli Yojana has crossed 40 lakh beneficiary households in two years and is targeting 75 lakh by December 2026. May 2026 recorded 3.16 lakh installations in a single month — the highest ever, with the time to add one lakh households reduced from 118 days to under eight days. Over 17 lakh households have achieved zero electricity bills under the scheme. business-standard
Maruti Launches India’s First Flex-Fuel WagonR on 100% Ethanol
Maruti Suzuki unveiled the WagonR Flex Fuel, India’s first mass-market car capable of running on ethanol-petrol blends from E20 to E100. The company accounted for nearly half of all green vehicles sold in India in FY25 and is also investing in compressed biogas and hydrogen fuel technology.
OYO Founder: Indian Brands Poised to Dominate US Market
OYO founder Ritesh Agarwal said Indian corporations are set to become major brand owners in the US, with OYO now generating its highest sales from America after acquiring G6 Hospitality (Motel 6) for ₹4,347 crore in 2024. He noted that India hosts the second-largest workforce base for FAANG companies and said “India’s time is now.”
RBI Governor: Forex Reserves Remain Adequate Despite Recent Drop
India’s forex reserves remain adequate and the external sector is well-buffered, according to the RBI Governor. Trade pacts and ongoing policy reforms are expected to further strengthen India’s external position over the medium term.
SEBI Clears OYO Parent Oravel Stays and Four Other IPOs
SEBI has cleared OYO’s parent company Oravel Stays along with four other companies for their IPOs. The approvals add to a busy primary market pipeline and signal continued regulatory confidence in India’s capital markets.
Hexagon Nutrition IPO Fully Subscribed on Day 1
The Hexagon Nutrition IPO was fully subscribed on its first day of bidding, led by retail and NII investors. Strong GMP signals positive listing expectations, reflecting continued appetite for SME and nutrition-sector issues.
Centre Grants Tax Exemption to FPIs on G-Sec Income
The government has extended tax exemptions to Foreign Portfolio Investors on capital gains and interest income from government securities. The move is aimed at boosting overseas demand for Indian G-Secs and deepening bond market participation.
Market Update
📉 Sensex: 74,243.34 ▼ 116.67 pts (-0.16%)
📉 Nifty 50: 23,366.70 ▼ 49.85 pts (-0.21%)
🪙 Gold (per gram): 24K ₹15,573 ▼ ₹38 | 22K ₹14,275 ▼ ₹35 | 18K ₹11,680 ▼ ₹28
🥈 Silver (per kg): ₹2,75,000 ▼ ₹5,000