What RBI's Rate Hike Actually Signals

In this episode of Markets Today, we decode 3 big stories — Delhi High Court giving energy drink companies interim relief, RBI hiking the repo rate for the first time since February 2023, and airlines clashing with Adani Airports over Mumbai's Terminal 1 redevelopment.

Delhi HC Stays FSSAI's Energy Drink Crackdown Monster, PepsiCo and Reliance can sell existing stock but can't produce new "energy drink" labelled packs while the case is pending. India's energy drinks market growing at 12.6% annually — could hit $1.6B by 2028.

RBI Hikes Repo Rate To 5.50% First hike since February 2023 — up 25 bps. Governor Malhotra signals no near-term cuts. Drivers: rising inflation, narrowing US-India yield gap. RBI also raised FY27 growth projection to 7.1%.

Adani Airports Vs Airlines At Mumbai T2 From October 25, MIAL plans to shift 265 of 770 weekly international departures to T2 to make room for domestic passengers during T1's redevelopment. Airlines and IATA call it a forced relocation.