MACRO & FED
The Times of India
07 Oct 2026 · 19:00
FCNR-B deposits: Economic benefits outweigh hedging costs, says Sanjay Malhotra
The RBI had introduced the special USD-INR forex swap facility on June 8, 2026, as part of efforts to strengthen foreign exchange reserves and support balance of payments conditions. The facility allowed banks to …
The RBI had introduced the special USD-INR forex swap facility on June 8, 2026, as part of efforts to strengthen foreign exchange reserves and support balance of payments conditions. The facility allowed banks to offer higher interest rates on FCNR(B) deposit… The Reserve Bank of India is weighing the broader economic gains from foreign-currency deposits against the cost it bears to hedge the associated currency risk, Governor Sanjay Malhotra said on Octob…
MACRO & FED
The Root
07 Oct 2026 · 19:00
OPINION: Invest In The Women Who Feed Africa
I grew up in Sierra Leone during a time of war and hunger. Food was not something we took for granted. Instead, it came to us with questions. Would there be enough? Where would …
I grew up in Sierra Leone during a time of war and hunger. Food was not something we took for granted. Instead, it came to us with questions. Would there be enough? Where would it come from? Who would find it? And the answer, almost always, was the same: a wo… I grew up in Sierra Leone during a time of war and hunger. Food was not something we took for granted. Instead, it cameto us with questions. Would there be enough? Where would it come from? Who would…
MACRO & FED
Biztoc.com
07 Oct 2026 · 19:00
Trump Told the Fed to Cut Rates. It Raised Them
The post Trump Told the Fed to Cut Rates. It Raised Them appeared first on 24/7 Wall St.. In early September, President Donald Trump delivered one of his most aggressive demands yet for lower …
The post Trump Told the Fed to Cut Rates. It Raised Them appeared first on 24/7 Wall St..
In early September, President Donald Trump delivered one of his most aggressive demands yet for lower interest rates. Fresh off a surprisingly strong jobs report, Trump … The post Trump Told the Fed to Cut Rates. It Raised Them appeared first on 24/7 Wall St..In early September, President Donald Trump delivered one of his most aggressive demands yet for lower interest…
MACRO & FED
The Times of India
07 Oct 2026 · 19:00
Punjab polls: Sukhbir Badal promises 3 lakh jobs, special industrial package for border belt
During his visit to Cheecha village, Sukhbir Singh Badal committed to tackling unemployment in border areas, promising three lakh government jobs within a year post-election. He addressed local drug concerns, emphasizing the community's fight …
During his visit to Cheecha village, Sukhbir Singh Badal committed to tackling unemployment in border areas, promising three lakh government jobs within a year post-election. He addressed local drug concerns, emphasizing the community's fight against addictio… Follow Us On Social Media
RUBIO GO HOME!: NATO Nation RALLIES Against Trump Aide; Erase U.S. Bases, Israel Ties | WatchSamuel L. Jackson Reveals Why Making Movies Is His Happy Place'Wrath Of Iran': …
MACRO & FED
The Times of India
07 Oct 2026 · 19:00
Sharper, bigger RBI moves coming in December? SBI economists put things in perspective
The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if …
The recommendations come as the central bank manages inflation risks alongside pressure on the rupee and capital flows. A 50-basis-point increase in December would mark a sharper pace of tightening than Wednesday's hike, if inflation and global conditions tak… The Reserve Bank of India may step up monetary tightening in December amid pressures from rising inflation and a more and more volatile global environment, PTI reported citing economists at State Ban…
MACRO & FED
Livemint
07 Oct 2026 · 19:00
What happens to FD interest rates after RBI MPC hikes interest rates? Calculation explains basis 25 bps
The Reserve Bank of India (RBI) on Wednesday, October 7, raised the repo rate by 25 basis points to 5.50% from 5.25%, marking the first increase since February 2023. Members of the RBI's Monetary …
The Reserve Bank of India (RBI) on Wednesday, October 7, raised the repo rate by 25 basis points to 5.50% from 5.25%, marking the first increase since February 2023. Members of the RBI's Monetary Policy Committee (MPC) voted unanimously to raise rates by 25 bps and in a 4-2 majority to change the policy stance to “calibrated tightening”.
It noted that in the current situation, rate cuts are not a possibility in the near term. RBI Governor Sanjay Malhotra, in his speech, flagged the threat of inflation, citing that global inflation may increase sharply, prompting global monetary tightening. Thus, there could be further hikes or a pause on current interest rates.
What happens to FD interest rates? Notably, the RBI's decision does not mean banks will immediately or automatically increase fixed deposit rates.
This is because while the repo rate influences deposit rates, banks also factor in liquidity, deposit mobilisation needs and credit demand before revising FD offerings. Overall, a higher repo rate could eventually lead to better interest rates on new deposits as banks work out their costs and try to lure investors.
Thus, while the repo rate hike is for 25 bps, the transmission to FD rates may not be for the full 25 bps (or 0.25%), and market participants expect potential benefit only for new or renewed deposits.
What should bank FD investors do? New investors or those looking to reinvest can keep a watch over the coming months for any official increase in interest rates of fresh FDs and recurring deposits (RDs) at public and private banks across the country.
Also Read | RBI removes Paytm Payments Bank from list of scheduled banks
For existing investors, your rate of interest remains locked in for the remaining tenure / duration of your deposit. You can, however, choose to reinvest at a higher rate or take advantage of the FD laddering strategy to make the most of better rates in the future.
Calculate how 25 bps hike could impact your FDs For a ₹ 1 lakh deposit of 5-year tenure at an interest rate of 6.05% p.a., your final FD would be of ₹ 1,34,138.47. If the full 25 bps hike is applied, a fresh FD with the same tenure of 5 years, at 6.30% would be ₹ 1,35,727.02. This is a difference of ₹ 1,588.55.
1 lakh deposit of 5-year tenure at an interest rate of 6.05% p.a., your final FD would be of 1,34,138.47. If the full 25 bps hike is applied, a fresh FD with the same tenure of 5 years, at 6.30% would be 1,35,727.02. This is a difference of 1,588.55. For a ₹ 1 lakh deposit of 5-year tenure at an interest rate of 7.10% p.a., your final FD would be of ₹ 1,40,911.8. If the full 25 bps hike is applied, a fresh FD with the same tenure of 5 years at 7.35% would be ₹ 1,42,564.12. This is a difference of ₹ 1,652.32.
For a senior citizen depositing ₹ 1 lakh in a 5-year tenure at an interest rate of 6.20% p.a., the final FD would be of ₹ 1,35,089.81. If the full 25 bps hike is applied, a fresh FD at the same tenure of 5 years, at 6.30% would be ₹ 1,36,687.35. This is a difference of ₹ 1,597.54.
1 lakh in a 5-year tenure at an interest rate of 6.20% p.a., the final FD would be of 1,35,089.81. If the full 25 bps hike is applied, a fresh FD at the same tenure of 5 years, at 6.30% would be 1,36,687.35. This is a difference of 1,597.54. For a senior citizen depositing ₹ 1 lakh in a 5-year tenure at an interest rate of 7.20% p.a., the final FD would be of ₹ 1,41,570.88. If the full 25 bps hike is applied, a fresh FD with the same tenure of 5 years at 7.45% would be ₹ 1,43,229.38. This is a difference of ₹ 1,658.50. Disclaimer: This story is for educational purposes only. We advise investors to check with certified experts before making any investment decisions.
MACRO & FED
Breitbart News
07 Oct 2026 · 19:00
Americans’ Job-Loss Fears Fall, New York Fed Survey Shows
Americans grew more confident about keeping their jobs and finding new work in September, while expecting faster household income growth and a lower likelihood of falling behind on debt payments, according to a Federal …
Americans grew more confident about keeping their jobs and finding new work in September, while expecting faster household income growth and a lower likelihood of falling behind on debt payments, according to a Federal Reserve Bank of New York survey released Wednesday.
The perceived probability of losing a job over the next 12 months fell to 13.5 percent, its lowest level since December 2024. Consumers also reported better prospects of finding another job and a greater likelihood of leaving their current positions voluntarily.
The findings from the New York Fed’s monthly Survey of Consumer Expectations showed improvement across several measures of employment and household payment confidence, even as consumers anticipated higher inflation in the near term.
The average perceived probability of finding work within three months after losing a job increased to 46.1 percent from 45.4 percent, moving above its trailing 12-month average. The expected probability of quitting voluntarily rose to 19.9 percent from 19.5 percent.
Declining job-loss expectations were driven by respondents between ages 40 and 60 and those with annual household incomes above $100,000. The increase in expected quits was driven by those without a bachelor’s degree and respondents above age 40.
Consumers also assigned a lower probability to an increase in the national unemployment rate over the coming year. That measure declined to 43.9 percent from 44.4 percent.
Households’ expectations for income and spending strengthened alongside the improving employment outlook.
Median expected household income growth increased to 3.1 percent, its highest reading since February 2025. Expected spending growth rose to 5.5 percent, the highest since May 2023, with increases across age and education groups.
The average perceived probability of missing a minimum debt payment over the next three months fell to 12.2 percent from 13.2 percent, dropping below its trailing average.
Inflation expectations increased at shorter horizons. Consumers expected prices to rise 3.9 percent over the next year, up from 3.6 percent in August and the highest reading since May 2023. Three-year inflation expectations edged up to 3.3 percent, while five-year expectations remained unchanged at 3 percent.
Despite the improvement in employment and payment expectations, households’ assessments of their finances deteriorated. Larger shares reported being worse off than a year earlier and expected their financial situation to worsen over the coming year—a result likely tied to recent experience with persistent inflation and rising inflation expectations.
The survey was conducted September 1 through September 30 among a rotating panel of approximately 1,300 household heads.
MACRO & FED
Rlsbb.cc
07 Oct 2026 · 19:00
Cyber Cleaner Simulator-FLT
Release Description: Welcome to the glamorous future of spacefaring civilization—where you’re not a hero, not a smuggler, not a starship general… but a cyber janitor. After losing your house in a brutal divorce settlement, …
Release Description:
Welcome to the glamorous future of spacefaring civilization—where you’re not a hero, not a smuggler, not a starship general… but a cyber janitor.
After losing your house in a brutal divorce settlement, surviving on instant noodles, and paying alimony that makes death by airlock seem like a cheaper option, you’ve got one thing left, your loyal dog. To stay afloat (and maybe one day afford a couch again), you’ve signed up for the dirtiest work in the galaxy—cleaning the messes no sane person wants to touch.
From orbital trash heaps to abandoned moon bunkers, decrepit star stations to the true wasteland of the cosmos—modern American cities back on Old Terra—you’ll scrub, scrap, and sanitize your way through humanity’s leftovers.
? Clean, dismantle, recycle , and maybe “accidentally” pocket a few things.
? Travel from planet to planet taking odd jobs nobody else will touch. There will be 8 planets in total.
? Burn alien nests – sterilize infested ships with extreme cleaning methods.
? Manage your own ship – upgrade your equipment, store your loot, and travel between messy jobs.
? Team up with your loyal robo-dog – Keep your trusty dog fed and happy while you scrape together a living.
?️ Satirical missions sweep the toxic boardrooms of corporate space towers, unclog reactors on gas giant stations, and disinfect the truly unsalvageable—Earth suburbs.
Grab your cleaning gear, fire up the engines, and prove that even space needs a good scrub.
Help us mop up the Steam charts — wishlist Cyber Cleaner Simulator today!
Genre: Action, Simulation
Developer: Nowsky
Publisher: Nowsky
Release Name: Cyber_Cleaner_Simulator-FLT
Size: 9.5 GB
Links: STEAM | NFO | Torrent Search
Download: UPLOADY – NiTROFLARE – RAPiDGATOR
MACRO & FED
Common Dreams
07 Oct 2026 · 19:00
Warren's Trump Inflation Tracker Reveals Pain Caused by 'Failed Economic Agenda' of GOP
With the US midterm elections just weeks away and control of Congress up for grabs, the top Democrat on the Senate Banking, Housing, and Urban Affairs Committee on Wednesday released a tool tracking inflation …
With the US midterm elections just weeks away and control of Congress up for grabs, the top Democrat on the Senate Banking, Housing, and Urban Affairs Committee on Wednesday released a tool tracking inflation under Republican President Donald Trump.
"Donald Trump promised to lower costs on day one. Instead, he has spent his presidency creating an affordability crisis, and now he's calling his self-made crisis a hoax," said Ranking Member Elizabeth Warren (D-Mass.) in a statement. "The Trumpflation Tracker will show families across the country exactly how much of a price they are paying for Trump's and Republicans' failed economic agenda."
The tracker shows not only cumulative inflation since December 2024, the month before Trump returned to office—it's up 5.2%— but also limited job growth during his second term, the impact of his broken promise to cap credit card interest rates, falling wages since he launched an illegal war on Iran in February, mortgage rate increases, and rising household debt.
The tool also highlights the country's affordability crisis, detailing how costs have skyrocketed for childcare, electricity, gasoline, groceries, healthcare, and rent, with the average US household paying over $3,000 more.
As Trump rallies behind efforts to build more energy-sucking artificial intelligence data centers, Warren's tracker shows that residential electricity prices are up 12.7% during this term, with the average US household paying $222 more.
Last year, congressional Republicans passed and Trump signed a budget package that cut government healthcare programs and did not extend expiring Affordable Care Act subsidies. Now, per the new tool, healthcare costs are up 14.6%.
Prices for gas and diesel have skyrocketed since Trump and the Israeli military started bombing Iran, but the US president has dismissed concerns, claiming that paying $4 at the pump is "not very high" and is worthwhile to prevent the Middle Eastern nation from building a nuclear weapon—which the US intelligence community concluded, before the war, that Tehran wasn't trying to do.
Warren's tracker puts the gas surge at 43.7% since December 2024, with an average cost of over $750 per household. The senator plans to have the panel's economic experts update the figures on a monthly basis, as more data becomes available.
The Century Foundation's president, Julie Margetta Morgan, applauded the committee "for doing the math on this," writing on social media that "the Trump administration continues to claim that the economy is strong, but this tracker shows clearly just how much families are being squeezed."
MACRO & FED
The Times of India
07 Oct 2026 · 19:00
RBI finally gets uppity, takes a hike
In a proactive move to tackle soaring inflation, the RBI has raised the interest rates by 25 basis points to 5.5%. Despite facing obstacles like fluctuating energy prices, India's economy is projected to show …
In a proactive move to tackle soaring inflation, the RBI has raised the interest rates by 25 basis points to 5.5%. Despite facing obstacles like fluctuating energy prices, India's economy is projected to show resilience. The central bank's strategy is now one… RBI joined the global concert of central banks on Wednesday, raising interest rates by 25 basis points to 5.5% to hold down inflation driven by the Iran energy crisis. India stands out among the majo…