CCPA: 3,940 sellers delisted on 7 sites
The consumer authority says seven platforms delisted 3,940 sellers and listing entries for regulated explosives, with three final penalties of ₹10 lakh each.
Economy
Prices, jobs, banks and the public purse.
iPhone Duo delivery slips to 2027
Apple India's page lists iPhone Duo from ₹2,99,900, available from 23 October. Digit and Business Today say online delivery dates slipped to late January 2027. Apple gave no order count.
137 cancer drugs: cap from 9 Nov
NPPA's order of 17 October caps the trade margin on 137 anti-cancer drugs at 30 percent of MRP, excluding GST. Revised prices take effect on 9 November 2026.
September goods exports rise to $44.4 bn
India's goods exports in September 2026 were $44.4 billion, up 23.04 percent from a year earlier. Goods imports were $74.61 billion. The goods trade deficit was $30.21 billion. The figures are provisional.
IMF raises India's FY2026-27 growth forecast to 7.0%
The IMF's October 2026 World Economic Outlook raises India's growth forecast for FY2026-27, April to March, to 7.0% from 6.4% in July. FY2027-28 goes to 7.0% from 6.7%. On a calendar-2026 basis the figure is 7.4%. World growth for 2026 is forecast at 3.1%. These are forecasts, not measured growth. The WEO table was not live at the check.
Retail inflation was 5.54% in September, MoSPI says
MoSPI's CPI release for September 2026, on base 2024=100, puts combined retail inflation at 5.54%. Rural is 6.08% and urban is 4.88%. Food inflation (CFPI) is 7.74%. August's final combined rate was 4.83%. The figures are provisional. The next release is 12 November 2026. Checked at 1:40 pm IST on 13 October.
Centre caps trade margins on non-scheduled cancer drugs at 30% of MRP; prices change only after NPPA notifies
On 8 October the Department of Pharmaceuticals approved a cap: trade margins on non-scheduled anti-cancer drugs at 30 percent of MRP. Prices change only after NPPA notifies, and only for drugs on the DGHS list.
GST Council's 57th meeting: arrest powers to be removed, prosecution only above ₹5 crore, rates unchanged
Finance Minister Nirmala Sitharaman announced process changes on arrests, prosecution, notices, refunds and registration after the Council met on 8 October; she said no GST rates were changed. The official PIB release was pending at 5:47 pm IST.
RBI raises the repo rate to 5.50%; what that can mean for an EMI and an FD
On 7 October the Monetary Policy Committee raised the repo rate by 25 basis points, from 5.25% to 5.50%, and moved the stance from neutral to calibrated tightening. The FY27 projections are 7.1% growth and 5.2% CPI inflation. Banks decide if and when a loan or a new deposit rate changes.
IndiGo fuel charge rises on new bookings from 6 October; existing tickets stay as booked
New IndiGo bookings from 00:01 on 6 October carry a higher fuel charge, up to Rs 1,300 on a domestic sector. Bookings already made are unaffected. The figures below are as the outlets report them.
Mumbai airport has reportedly asked airlines to give up 265 weekly international slots; the plan is not final
MIAL has reportedly asked 46 airlines to temporarily drop 265 of about 770 weekly international departure slots at Terminal 2 from late October. Airlines are opposing the plan. The slots they would give up are due by 4 pm on 6 October.
Who pays the 0.4% UPI charge from 15 October: the merchant, not the buyer
From 15 October a 0.4% merchant discount rate applies to specified person-to-merchant UPI payments above Rs 2,000. The merchant pays the acquiring bank. Official FAQs say buyers are not charged.