Balance of risks tilts decisively towards 25 bps rate hike: SBI report

IANS | October 2, 2026 9:16 AM

New Delhi, Oct 2 (IANS) The balance of risks has tilted decisively towards a 25-bps rate hike by the RBI at this juncture, as a combination of broadening inflationary pressures, worsening global macros, evolving liquidity conditions and a renewed global repricing of risks is making the case for pre-emptive action stronger, SBI Research said on Friday.

Gujarat: GSECL enters nuclear power sector, signs MoU with NPCIL for new project

IANS | October 1, 2026 11:30 PM

Gandhinagar, Oct 1 (IANS) Gujarat State Electricity Corporation Limited (GSECL) on Thursday signed a Memorandum of Understanding (MoU) with the Nuclear Power Corporation of India Limited (NPCIL) for the development of a new nuclear power project in the state, with the proposed project at Dhuvaran expected to have a capacity of around 4,000 MW and involve potential investment of nearly Rs one lakh crore.

SIR row: Karnataka CEO directs action against applicants filing false voter claims and objections

IANS | October 1, 2026 11:00 PM

Bengaluru, Oct 1 (IANS) After the protest led by Chief Minister D.K. Shivakumar and Cabinet members at the office of the State Election Commission, Karnataka Chief Electoral Officer V. Anbukumar has directed Electoral Registration Officers (EROs) across the state to take action against applicants found to have knowingly made false declarations while filing claims and objections related to electoral rolls.