Big relief on the economic front!
The day of October 1 was no less than a festival for the country’s economy. From morning till the closure of the market, one good signs came one after the other and as if there was good news. Somewhere the RBI gave relief by keeping the interest rates stable, and somewhere the stock market made a tremendous jump. The strength of the rupee, the fall in the price of crude oil, the record GST collection, the spectacular sales of auto companies and the 3 percent increase in the dearness allowance (DA) of the central employees were good news on every front. It was not only relaxing for investors to find such positive signs in a single day, but it also gives a strong sign of improving the health of the country’s economy. Let’s understand all these things in detail.
RBI’s decision softens inflation
On 1 October Indian economy Many positive signs came out simultaneously. First, the Reserve Bank of India (RBI )’s Monetary Policy Committee (MPC) decided to keep the repo rate stable at 5.50% in the monetary policy review meeting. RBI Governor Sanjay Malhotra announced on the last day of the meeting, saying that the pressure of inflation in the country has now reduced considerably.
The governor said that where the core inflation was 3.7% in June, it has come down to 3.1% in August and recently the figure has reached 2.6%. The decline in food inflation and recent cuts in GST rates have played an important role in this. Due to this, the scope of cuts cuts at present is limited, but the economic balance is expected to remain intact from the stable rates.
Strong bounce in the stock market
Rbi The impact of the stable interest rate policy and positive economic signals also clearly visible on the stock market. After a decline of 8 consecutive days, the market returned to the market on 1 October. At the end of the trading, the Sensex climbed 715.69 points or 0.89% to close at 80,983.31. At the same time, Nifty also jumped by 225.20 points and closed at 24,836.30 with a gain of 0.92%. The tremendous interest of investors in banking and financial sectors further emphasized this boom. The BSE midcap and smallcap index also saw more than 1% strength.
Rupee became strong and softening in crude oil
There was news of relief for India in the foreign exchange market too. Indian on 1 October Rupee The level of 5 paise reached 88.75 against the dollar. The fall in crude oil prices in the international market was an important reason behind the strength of the rupee. At the same time, Brent crude futures recorded a decline of 1.4% and it came down to $ 67.02 per barrel. This is likely to provide relief in import cost, which is a positive sign for domestic inflation.
Great bounce in GST collection
The data, which came for the first time after cuts in the GST rates implemented from 22 September, has given relief to both the government and the market. In September 2025 GST collection It reached Rs 1.89 lakh crore, which is 9.1% more than this month last year and 1.5% more than last month.
Gross domestic revenue rose by 6.8% to Rs 1.36 lakh crore, while the tax collected from import reached Rs 52,492 crore with a jump of 15.6%. The refund also recorded an annual increase of 40.1%, due to which the net GST revenue was Rs 1.60 lakh crore.
Festival boost in auto sector
Another sign of the strength of the economy was found from the automobile sector. In September, the festive season, better monsoon and tax cuts were mixed in the sales figures.
- Mahindra & Mahindra recorded a total sales of 1 lakh units, which was more than the estimate. In the tractor segment, the company recorded a strong growth of 49%.
- Bajaj Auto sales rose 9% to 5.10 lakh units. Both two-wheelers and commercial vehicles contributed to it.
- Hyundai Motor India sales was 70,347 units, which is 10% more on a annual basis. There was an increase in demand for models like Creta and Venue.
- Escorts Kubota’s tractor sales increased by 47.6%. Along with the domestic market, there was a strong improvement in exports.