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Will RBI Slash Interest Rates Tomorrow? MPC Meeting Outcome Time, Where To Watch & What To Expect

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Will RBI Slash Interest Rates Tomorrow? MPC Meeting Outcome Time, Where To Watch & What To Expect


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The outcome—including the MPC’s decision on the repo rate and other key policy measures—will be announced at a press conference on October 1.

RBI MPC Meeting October 2025 Live Updates: RBI Repo Rate Cut, Loan Interest and monetary policy committee latest news

RBI MPC Meeting October 2025 Live Updates: RBI Repo Rate Cut, Loan Interest and monetary policy committee latest news

RBI MPC October Outcome Today: The Reserve Bank of India (RBI) has announced that Governor Sanjay Malhotra will reveal the outcome of the Monetary Policy Committee’s (MPC) October meeting at 10 am on Wednesday. The announcement will be streamed live on the RBI’s YouTube channel, official website, and X account.

A press conference at noon will follow on the same platforms to provide deeper insights into the central bank’s policy decisions. News18 will also share live updates through its blog on the MPC policy meeting.

The October MPC meeting was held from September 29 to October 1. The remaining MPC meetings for the 2025-26 financial year are scheduled for December 3-5, 2025, and February 4-6, 2026.

Where To watch Sunjay Malhotra’s Address LIVE

Viewers can tune in live at 10 a.m. on Wednesday to catch RBI Governor Sanjay Malhotra’s announcement of the MPC’s October policy outcome. The address will be streamed on the RBI’s official YouTube channel.

It can also be viewed on the central bank’s website and its official X account. These platforms will provide direct and uninterrupted access to the event, ensuring that viewers can follow the announcement in real time.

RBI MPC Meeting Expectations

Economists broadly expect the MPC to maintain the status quo on policy rates, which would mark the second consecutive pause. Between February and June 2025, the RBI had lowered the repo rate by a cumulative 100 basis points (bps) to 5.5%, where it currently stands.

“The Monetary Policy Committee is anticipated to maintain the status quo on the repo rate in its October 2025 review. This view is supported by the positive impact of GST reforms on demand, stronger-than-expected Q1 FY26 GDP growth, and an inflation trajectory that, while lowered due to GST rationalisation (FY26 average now ~2.6%), is expected to slope upwards thereafter,” said Aditi Nayar, Chief Economist at ICRA Ltd.

India’s GDP growth rose to a five-quarter high of 7.8% in Q1 FY26, compared with 6.5% in the same period last year and 7.4% in Q4 FY25.

The government recently rolled out a two-slab GST structure of 5% and 18% (effective September 22) by abolishing the previous four-rate regime—an overhaul expected to further boost consumption.

“RBI is likely to remain on pause in October, awaiting clarity on GST impact and tariffs,” said Gaura Sengupta, Chief Economist at IDFC FIRST Bank. She added that the RBI’s growth outlook remains positive due to stronger rural demand and sustained government capex, even as urban consumption and private capex remain muted.

However, some experts see scope for a rate cut.

Soumya Kanti Ghosh, Group Chief Economic Advisor at State Bank of India (SBI), said there is a “merit and rationale in going for a rate cut,” but stressed that it would require calibrated communication given the higher threshold for cuts post-June.

“No point in committing a Type 2 error (no rate cut with neutral stance) in September also… A 25-bps rate cut in September is the best possible option for RBI,” he noted in a recent report, adding that it would signal the RBI’s forward-looking stance.

Economists at Nomura expect two additional cuts in the October and December meetings. “As the market is currently only pricing in around 10 bps of cuts over the next few months, we see the risk/reward as attractive,” Nomura said in a report.

Meanwhile, Goldman Sachs expects inflation to remain benign on account of softer food prices and the pass-through effects of lower GST rates. Headline inflation rose to 2.7% in August from an eight-year low of 1.61% in July. “Assuming a partial pass-through of lower GST rates, we recently lowered our headline inflation forecasts for CY25 and FY26 by 0.2 percentage points and 0.3 percentage points to 2.8% YoY,” Goldman Sachs said.

External Factors

The MPC meeting coincides with ongoing India-US trade negotiations following US President Donald Trump’s decision to hike tariffs on Indian goods by an additional 25% (effective August 27), bringing the total to 50%. The outcome of these talks could significantly influence India’s growth outlook.

The meeting also follows the US Federal Reserve’s first rate cut of 2025, lowering its benchmark rate by 25 bps to 4–4.25%.

Previous MPC Decisions

  • February 2025: Repo rate cut by 25 bps
  • April 2025: Repo rate cut by 25 bps to 6%
  • June 2025: A 50-bps jumbo cut lowered the repo rate to 5.5%
  • August 2025: Repo rate held steady at 5.5% with a neutral stance

The October decision is being closely watched for signs of further easing or continued pause as India navigates evolving global and domestic challenges.

Aparna Deb

Aparna Deb

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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Major UK supermarket to stop selling mackerel in coming weeks

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Major UK supermarket to stop selling mackerel in coming weeks


Waitrose is set to remove mackerel from its shelves amid escalating concerns over unsustainable fishing practices.

The retailer said that it is the first major UK supermarket to suspend sourcing of the popular fish.

It said that fresh, chilled, and frozen mackerel, primarily sourced from Scottish waters, will be unavailable to shoppers by 29 April. Tinned varieties will follow once the current stock is depleted.

Conservationists are welcoming the move and urging other supermarkets to follow suit.

The measure comes as governments have repeatedly failed to implement catch limits recommended by scientists, jeopardising the long-term viability of mackerel stocks.

The International Council for Exploration of the Sea (ICES) has issued stark warnings, advising a 70 per cent reduction in catches for 2026 across all regional mackerel stocks compared to 2025’s recommended levels.

With the stock consistently fished above sustainable thresholds, this translates to a 77 per cent cut on the 755,143 tonnes scientists estimated would be caught in 2025.

Mackerel’s sustainability rating has worsened in the face of overfishing (Alamy/PA)

Overfishing has resulted in depleting mackerel stocks in the north-east Atlantic, with Ices saying the species, and the wider fishing industry, could face long-term risks unless countries stick to recommended catch limits.

Waitrose said the decision in December by four of the coastal states which fish mackerel to cut catches by 48 per cent was a step forward, but did not meet Ices advice.

North-east Atlantic mackerel will no longer meet the supermarket’s responsible sourcing requirements in line with the Sustainable Seafood Coalition codes of conduct, the retailer said.

Jake Pickering, head of agriculture, aquaculture and fisheries at Waitrose, said: “By suspending sourcing of mackerel at Waitrose we are reinforcing our ethical and sustainable business commitments, acting to tackle overfishing and protect the long-term health of our oceans and this crucial fish.

“Our customers trust us to source responsibly, and we are closely monitoring the fishery.

“We look forward to bringing mackerel back to our shelves once it meets our high sourcing standards.”

As alternatives, Waitrose is launching a new range of fish products including hot smoked herring, hot smoked peppered herring and hot smoked sweetcure seabass, all of which are Marine Stewardship Council (MSC) certified.

The retailer said it would also introduce MSC-certified frozen sardines from May as a sustainable replacement for frozen mackerel, and plans to become the first retailer to sell 100 per cent MSC tinned sardines.

Waitrose said it would maintain its relationship with its mackerel suppliers and its new supply of herring, seabass, sardines and trout will be sourced through current supplier partnerships.

But there is currently no predetermined time-frame as to when Waitrose will start sourcing mackerel again.

The International Council for Exploration of the Sea has issued stark warnings, advising a 70 per cent reduction in catches for 2026 across all regional mackerel stocks compared to 2025’s recommended levels

The International Council for Exploration of the Sea has issued stark warnings, advising a 70 per cent reduction in catches for 2026 across all regional mackerel stocks compared to 2025’s recommended levels (Alamy/PA)

Marija Rompani, director of ethics and sustainability at the John Lewis Partnership, said: “We believe sustainable food production must balance climate action, nature protection and responsible fish sourcing is fundamental to protecting our oceans.

“We will continue to work closely with suppliers and industry partners to support the recovery and responsible management of fish stocks.”

Charles Clover, co-founder of conservation charity Blue Marine Foundation, said mackerel – one of the largest remaining commercial fish stocks in the north-east Atlantic – had declined 75 per cent in the last 10 years because fishing nations, including the UK, had overfished it.

“They have put too little effort into the task of reaching agreement on a sharing arrangement – and some countries have been awarding themselves more quota than is justified by science,” he said.

“This crisis has been ignored for too long.

“We hope that this action by Waitrose sends it to the top of the political agenda. We call on other retailers to follow Waitrose’s example.”



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If Your Salary Never Lasts Till Month-End, These 5 Mistakes Might Be Why

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If Your Salary Never Lasts Till Month-End, These 5 Mistakes Might Be Why




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Rolls-Royce profits soar after major UK and US defence orders

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Rolls-Royce profits soar after major UK and US defence orders


Rolls-Royce has announced a significant surge in its annual profit, climbing by £1 billion, alongside an upgraded financial outlook for the coming years.

The engineering powerhouse attributed this robust performance to substantial military aircraft orders and burgeoning demand for powering data centres.

The company reported an underlying operating profit of £3.5 billion for 2025, marking a 40 per cent increase from the £2.5 billion achieved in the previous year.

Underlying revenues also surpassed £20 billion over the period, representing approximately a tenth’s rise compared to 2024.

This impressive growth was fuelled by strong profit and sales across its civil aerospace, defence, and power divisions.

Rolls-Royce highlighted particularly strong demand for its defence products, securing major orders throughout 2025. The firm stated its various business units are well-positioned to capitalise on “key global trends” in the years ahead.

Rolls-Royce has revealed its annual profit surged by £1 billion and upgraded its outlook for the years ahead (Paul Ellis/PA)

This included contracts worth more than £1.5 billion with the UK’s Ministry of Defence and the US’s Department of War for EJ200 and AE 2100 engines to power military aircraft.

New orders for the Eurofighter aircraft engines from Italy, Germany and Spain, as well as export agreements from Turkey, will drive production into the 2030s, it said.

Furthermore, Rolls-Royce said it was benefiting from growing demand for power generation, driven by data centres with revenues up by more than a third.

Rolls-Royce said it was now expecting underlying operating profits to increase to between £4.9 billion and £5.2 billion by 2028 following the strengthened financial performance in 2025.

This is significantly higher than the £3.6 billion to £3.9 billion range that it had previously been targeting.

Chief executive Tufan Erginbilgic said growth would not have been possible “before our transformation”, with the business making £600 million worth of cost savings since 2022.

Rolls-Royce said it was now expecting underlying operating profits to increase to between £4.9 billion and £5.2 billion by 2028 following the strengthened financial performance in 2025

Rolls-Royce said it was now expecting underlying operating profits to increase to between £4.9 billion and £5.2 billion by 2028 following the strengthened financial performance in 2025 (REUTERS)

“With our new capabilities and mindset, we have navigated challenges from supply chain to tariffs, and delivered a strong performance in 2025, all while we built the foundations for significant growth for years to come,” he said.

“Based on our 2026 guidance, we expect to deliver underlying operating profit within the prior mid-term guidance range two years earlier than planned.

“Beyond the mid-term we continue to see significant growth from existing businesses as well as from new business opportunities.”



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