Keki Mistry, Former VC & CEO of HDFC, lauded the RBI’s 50 bps CRR cut, injecting ₹1.16 trillion into the system. This move is expected to lower banks’ funding costs, benefiting consumers without squeezing margins. Mistry predicts a GDP growth of 6.7-6.8%, exceeding RBI’s 6.6% forecast, driven by a reviving rural economy and urban pickup.
Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloff
Intel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. The warning triggered
October 30, 2026