Business Brief:Net worth of only 1,687 Indians is equivalent to half of whole country’s GDP; Poonawalla’s ‘X’ post nearly confirms RCB’s ownership change speculations

Here’s a brief outlook on today’s key events and a recap of major business news headlines on Wednesday. Before yesterday’s big news, today’s headlines that will be in focus… Now read yesterday’s big news… 1. Claim- RCB could be sold for ₹17,000 crore: Adar Poonawalla is bidding; if sold, it will be the biggest deal in IPL history 2025 IPL champion Royal Challengers Bangalore (RCB) could be sold for around ₹17,000 crore. According to media reports, Serum Institute’s CEO Adar Poonawalla is bidding to buy this franchise. His X post has increased these speculations. 2. Net worth of 1,687 Indians is ₹167 lakh crore: This is half of country’s GDP; Ambani family richest with ₹9.55 lakh crore Mukesh Ambani family tops the Hurun India’s list of richest personalities in India. Their net worth is ₹9.55 lakh crore. Gautam Adani and his family are at second position with a net worth of ₹8.15 lakh crore. The M3M Hurun Rich List 2025 was released on October 1. This time 1,687 individuals were included in the list. The total net worth of all wealthy individuals is ₹167 lakh crore, which is approximately half of India’s GDP. 3. Loans won’t get cheaper despite inflation drop: RBI keeps repo rate steady at 5.5%; GDP growth forecast increased from 6.5% to 6.8% The Reserve Bank of India (RBI) has kept the repo rate unchanged for the second consecutive time. It remains steady at 5.5%. This means loans won’t become more expensive and your EMIs won’t increase. No changes were made in the previous meeting in August either. The country’s GDP growth forecast has been raised from 6.5% to 6.8%. This decision was taken during the Monetary Policy Committee meeting held from September 29 to October 1. RBI Governor Sanjay Malhotra announced this on October 1. 4. Gold-Silver prices at all-time high: 10g gold crosses ₹1.17 lakh after ₹1,983 increase, prices up by ₹41,000 this year; silver at ₹1.45 lakh per kg Gold and silver prices have once again reached all-time highs today, October 1. According to the India Bullion and Jewelers Association (IBJA), 10 grams of 24 carat gold increased by ₹1,983 to reach ₹1,17,332. Similarly, silver prices also increased by ₹2,686 to reach ₹1,45,120. 5. RBI said – UPI will remain free, no charges will apply: IPO loan limit increased to ₹25 lakh; advances of up to ₹1 crore can now be obtained against shares The Reserve Bank of India (RBI) took several major decisions on Wednesday (October 1), which will make it easier and cheaper for companies and common people to take bank loans. It has also addressed people’s concerns regarding UPI charges. RBI Governor Sanjay Malhotra announced all decisions after the Monetary Policy Committee (MPC) meeting. Also see who are the top 10 richest people in the world… Check the latest prices of petrol-diesel and domestic gas cylinders… ​