October 14, 2026: India’s wholesale price inflation climbed to 11.39% in September from 9.92% in August, highlighting continued price pressures. The Centre’s approval of IDBI Bank’s strategic restructuring, rising crude oil prices amid Gulf supply risks, and losses in domestic equity markets were among the key economic developments on October 14, 2026.
Top India Headlines
- India’s WPI Inflation Rises to 11.39% in September 2026
India’s Wholesale Price Index-based inflation increased to 11.39% in September 2026 from 9.92% in August. Provisional data released by the Ministry of Commerce and Industry attributed the rise to higher prices of mineral oils, food articles and other commodities.
- Centre Approves IDBI Bank Restructuring to Attract Foreign Investment
Union Finance Minister Nirmala Sitharaman said on October 14, 2026, that the Cabinet Committee on Economic Affairs’ approval of IDBI Bank’s strategic restructuring marks another milestone in India’s reform programme. The move is aimed at enabling the bank’s next phase of growth and attracting foreign direct investment.
- Crude Oil Prices Rise Amid Supply Risks in the Gulf
Global crude oil prices moved higher on October 14, 2026, amid concerns over supply disruptions. Brent crude rose 0.6% to $106.32 per barrel, while West Texas Intermediate crude gained more than 1.8% to $95.88 per barrel at the time of reporting.
- Sensex Falls 225 Points; Nifty Declines 92 Points
Indian equity markets ended lower on October 14, 2026. The Sensex slipped 225 points to 72,808, while the Nifty fell 92 points to 22,630 in late-trade reporting.
- Rupee Gains 13 Paise Against US Dollar
The Indian rupee appreciated by 13 paise to close at ₹95.15 against the US dollar on October 14, 2026. The dollar index, which measures the US currency against a basket of six major currencies, was at 102.24 during intraday trade.
- Asian Markets Decline as European Indices Trade Higher
Major Asian equity markets largely declined on October 14, 2026. China’s Shanghai Composite fell 0.9%, South Korea’s Kospi dropped more than 0.4%, and Hong Kong’s Hang Seng and Singapore’s Straits Times slipped 0.13% each. Japan’s Nikkei 225 ended marginally lower, while European indices traded in positive territory.
- Gold Falls 1%; Silver Drops 2.4% in Indian Bullion Market
Gold and silver prices declined in India on October 14, 2026. The price of 24-carat gold fell 1% to ₹1,46,064 per 10 grams, while silver dropped 2.4% to ₹2,13,822 per kilogram.
- India’s Coir Exports Rise 305% to ₹6,614 Crore
India’s coir and coir-product exports increased by 305%, from ₹1,630.33 crore in 2014–15 to ₹6,614.40 crore in the last financial year. The Ministry of Micro, Small and Medium Enterprises said more than 21,000 coir units had been registered over the past 12 years.
- UPI Merchant Discount Rate to Be Implemented After Diwali
The implementation of the Merchant Discount Rate on select person-to-merchant UPI transactions has been deferred until after Diwali. The National Payments Corporation of India said the UPI and Services Steering Committee took the decision keeping the festive season in mind.
- IEA Warns Repeated Gulf Attacks Make Oil Supply Recovery Fragile
The International Energy Agency has warned that repeated attacks in the Gulf are making the recovery of oil supplies fragile. The developments add to concerns over global energy supply stability and the outlook for crude oil prices.
