📰 India Business Brief: Top Headlines for August 06, 2026

Economic Times

• The RBI Monetary Policy Committee, led by Governor Sanjay Malhotra, kept the repo rate unchanged at 5.25% for the fourth consecutive time, citing a "neutral" stance while raising the GDP growth forecast.
• The Central Bank flagged potential threats to Indian agriculture due to warming patterns in the Pacific, even as sugar prices surged 17% in a single month.
• Google has emerged as India’s most attractive employer brand, followed by the Tata Group and Amazon, according to the latest industry report.
• Air India has announced its new CEO, a veteran who previously steered Africa's largest airline group, signaling a major strategic shift for the carrier.
• The Rajya Sabha approved a significant bill to increase the number of Supreme Court judges to 38 to improve judicial efficiency.

Business Standard

• The RBI MPC lowered its FY27 inflation forecast to 5% and projected a robust GDP growth rate of 6.7%, reflecting confidence in the country's macroeconomic stability.
• GIFT Nifty signaled a positive opening for Indian markets despite a sharp 5% drop in South Korea's Kospi and ongoing volatility in Asian markets.
• Maruti Suzuki Chairman R.C. Bhargava raised concerns over the government's mandatory V2V communication proposal, suggesting it could slow down the automotive industry's growth.
• Ather Energy announced plans to enter the competitive ₹1-1.25 lakh electric two-wheeler segment with its new EL platform to capture a larger market share.
• RBI Governor Malhotra addressed the proposal to levy a Merchant Discount Rate (MDR) on UPI payments, noting that "someone has to pay" for the infrastructure.

Mint

• The Reserve Bank of India has unveiled plans for a phased rollout of polymer banknotes starting in FY28 to enhance the durability and security of Indian currency.
• Gold and silver prices witnessed a massive jump, with gold rising ₹3,000 per 10 grams and silver jumping ₹8,400 per kg, driven by optimism surrounding a potential US-Iran peace deal.
• Edelweiss MF's Radhika Gupta clarified that REITs should not be treated as fixed-income investments, emphasizing that they carry equity-like risks despite regular payouts.
• Zerodha's Nithin Kamath highlighted concerns over India's closing auction mechanism, stating it is exposing "deeper cracks" in market stability and NAV calculations.
• SpaceX faces a potential record insider sell-off as its lockup expiry approaches, which could impact global tech investment sentiment.

TAGS: Headlines, Business News, Economic Times, Business Standard, Mint, Top News

Tags: Headlines Business News Economic Times Business Standard Mint Top News