BL Morning report: October 8, 2025
Update: 2025-10-08
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Markets watch, wallets tighten, and UPI taps biometrics
🎧 On today’s episode: WeWork India’s ₹3,000 crore IPO just clears the line at 1.15 times subscription, driven by institutional buyers, even as legal clouds gather and retail investors stay wary. Jewellers fear a gold shortage as festive demand surges and prices soar past ₹1.21 lakh. UPI rolls out facial and fingerprint authentication from tomorrow, marking a major shift in digital payments. Salary hikes in India are also projected to reach 9% in 2026, led by real estate and NBFCs.
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