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Just in:   • Mobile phones become tool for good governance, India's telecom industry goes beyond networks: PM Modi  • Rupee may be undervalued despite market depreciation bias: RBI Governor  • RBI raises repo rate by 25 bps to 5.50 amid challenging global environment  • 57th GST Council meeting rescheduled to October 8  • Cabinet okays Rs 10,000 crore Growth Fund for big push to SMEs  Last updated: 07 Oct, 2026    India Economy Rupee may be undervalued despite market depreciation bias: RBI Governor IANS | 07 Oct, 2026 The Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said financial markets can often behave irrationally in the short term and suggested that several indicators point to the rupee being undervalued rather than overvalued.  More Headlines » High credit-deposit ratio doesn’t indicate funding vulnerability of banks: RBI Bulletin » GST Council not likely to go in for rate changes in Oct 7 meeting » ASSOCHAM launches TIPS platform to boost trade, investment and exports » India-US trade talks moving fast and in right direction: Piyush Goyal » Over Rs 2.9 crore to be disbursed to 2,550 farmers as soil carbon payments: Govt   Read more....       Headlines 57th GST Council meeting rescheduled to October 8 IANS | 06 Oct, 2026 The 57th GST Council meeting has been rescheduled to October 8 from October 7 due to unavoidable circumstances, the GST Council Secretariat said in an office memorandum.     Read more.... Indian economy begins FY27 on firm footing, growth momentum extends into Q2: FinMin Review IANS | 01 Oct, 2026 The Indian economy began FY27 on a firm footing, even as the global environment grew more uncertain, and the growth momentum has extended into Q2, though at a more measured pace, the Finance Ministry’s ‘Monthly Economic Review’ for September showed on Thursday.    Read more.... Gross GST collection rises 14.7 pc to almost Rs 2.04 lakh crore in September IANS | 01 Oct, 2026 India’s gross GST collection surged by 14.7 per cent in September to Rs 2,03,521 crore against the same month last year, official data showed on Thursday.    Read more.... UPI transactions rise by 18 pc to Rs 29.37 lakh crore in September IANS | 01 Oct, 2026 The Unified Payments Interface (UPI) transaction volumes went up 23 per cent (year-on-year) to 24.07 billion in the month of September, while UPI transaction value surged 18 per cent to Rs 29.37 lakh crore last month, according to data released by the National Payments Corporation of India (NPCI) on Thursday.    Read more....         Customs Exchange Rates Currency Import Export US Dollar ₹96.5 ₹94.8 UK Pound ₹132.25 ₹128.15 Euro ₹113.6 ₹109.8 Japanese Yen ₹61.3 ₹59.45 As on 03 Sep, 2026   Daily Poll What’s your biggest challenge with the 45-day payment rule?  Corporates canceling our orders  Clients demanding longer credit anyway  Strained business relationships  Filing complaints kills future work  No issues, cash flow has improved   Commented Stories

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