The Union Bank expects a 25 basis point rate increase in October, followed by one or two additional hikes during the rest of FY27. The repo rate could consequently reach 5.75-6 percent accompanied by a hawkish policy stance signalling continued vigilance over inflation.
The proposed GST changes could allow around 9.5 lakh small e-commerce sellers to use platform warehouses for registration in states where they have no physical premises.
The brokerage's positive view on LG Electronics is supported by its diversified product portfolio, strong brand franchise, multiple avenues for sustainable revenue growth and better margin profile vs peers.