Avenue Supermarts reports 8.5% profit growth in Q2 FY27, and 5 more corroborated developments

Avenue Supermarts reports 8.5% profit growth in Q2 FY27

Avenue Supermarts, operator of retail chain DMart, reported consolidated net profit of Rs 742.98 crore for the second quarter of FY27, an 8.5% year-on-year increase from Rs 684.85 crore in the prior year quarter, with total income rising nearly 18% to Rs 19,657.50 crore. Standalone profit after tax increased 7.64% year-over-year to Rs 803.60 crore but declined 14.12% quarter-over-quarter.

Bharti Airtel raises postpaid tariffs by fifty rupees

Bharti Airtel raised postpaid tariffs across-the-board by ₹50 effective October 8, 2026, with revamped plans bundling one free international roaming trip annually. The increase represents a 3-11% tariff hike and could drive a nearly 2% uplift in the telco's blended mobile average revenue per user if fully absorbed across its postpaid base.

RBI raises repo rate to 5.50 percent, shifts to tightening

The Reserve Bank of India raised its repo rate by 25 basis points to 5.50 percent and shifted its policy stance to calibrated tightening from neutral. HDFC Bank shares declined 1 percent to ₹684.25 on the NSE following the rate hike, then recovered 1.69 percent to ₹703.95 the following day.

India insurance regulator proposes distribution economics overhaul

The Insurance Regulatory and Development Authority of India proposed distribution reforms in a September 23 consultation paper, including lower expense of management limits and product- and channel-specific commission caps with a phased glide path. The Insurance Brokers Association of India has objected to the proposal, writing to the Prime Minister's office and warning that the changes could put approximately 70% of corporate broking revenue at risk, threaten at least one million livelihoods, and potentially bring back unethical business practices.

India top seven cities housing sales rise 3 percent

Trent posts 23% revenue growth to 5,788 crore