Money Moves Daily - The Mumbai Report - 2025-09-05 -GST 2.0 Price Cuts, Rupee at a Record Low, and Reliance’s IPO Clock

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Money Moves Daily - The Mumbai Report - 2025-09-05 -GST 2.0 Price Cuts, Rupee at a Record Low, and Reliance’s IPO Clock

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Summary

Markets cooled after Thursday’s GST 2.0 cheer, with FMCG/IT slipping and the rupee hitting a fresh low. We break down what the rate cuts could mean for your wallet—from grocery bills to two-wheelers—plus the trade-offs from higher levies on oil & gas. Also on the docket: key takeaways from Reliance’s AGM (Jio IPO by mid-2026), Bank of Baroda’s RCom ‘fraud’ tag, and SoftBank trimming Ola Electric. What to watch next: CPI & IIP on Sept 12 at 4:00 PM IST.

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