archived as published
Week in review · Saturday, 10 October · prices through NSE close
The Reserve Bank of India's Monetary Policy Committee voted unanimously to increase the policy repo rate by 25 basis points to 5.50 per cent. HDFC Bank shares declined 1 per cent to ₹684.25 on the NSE following the rate increase.
Bharti Airtel has increased postpaid tariffs across-the-board by Rs 50 per month effective October 8, 2026, representing a 3% to 11% increase across plans. The revamped plans bundle one free international roaming trip every year as the company seeks to strengthen its premium customer base and lift average revenue per user.
Tata Consultancy Services reported Rs 73,188 crore in revenue for Q2FY27, an 11.2% increase year-on-year and a 1.3% increase sequentially. Consolidated net profit rose to Rs 13,884 crore, up 14.98% year-on-year and 4.01% quarter-on-quarter.
The Union Cabinet approved the Green Energy Corridor Phase-III on September 30, 2026, with a total outlay of Rs. 1.86 trillion, including Rs. 540.82 billion in Central Financial Assistance. The scheme includes Rs. 1.36 trillion for intra-state transmission infrastructure and Rs. 50,000 crore for 50 GWh of battery energy storage systems, designed to facilitate the evacuation of up to 135GW of renewable capacity by FY33.
Tata Consultancy Services reported 0.2% sequential revenue growth in the July–September 2026 quarter, returning to sequential growth with constant currency revenue growth at 0.5%.
India's electric vehicle retail sales rose 74 percent year-on-year to a record 3.33 lakh units in September 2026. Electric three-wheelers surged 40 percent to 86,024 units, electric commercial vehicles jumped 158.2 percent to 4,188 units, and EV car registrations soared 95 percent to 36,108 units, representing 8.5 percent of all new car sales.
The Insurance Brokers Association of India has raised objections to the Insurance Regulatory and Development Authority of India's consultation paper on insurance distribution, writing to the Prime Minister's office seeking intervention. The association warned that proposed changes including tighter commission caps and lower expense limits could put approximately 70% of corporate broking revenue at risk, jeopardize at least one million livelihoods, affect distribution reach and competition, and potentially revive unethical business practices.
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