💹 Economy / Policy
– 📈 RBI ups FY26 GDP growth projection by 30 bps, cuts retail inflation forecast by 50 bps.
– 🏭 India’s September manufacturing PMI cools as input prices rise to a 12-year high.
– 📉 Inflation may stay much below RBI projections in FY26 & FY27, says SBI.
– 🏦 RBI MPC keeps repo rate unchanged at 5.5%, neutral stance; December cut possible.
– 💰 GST collections rise 9% YoY to ₹1.89 lakh cr in September.
– 📊 RBI unveils 22 measures to ease credit flow, boost housing loans.
– 🌍 RBI announces steps to boost rupee internationalisation & SRVA expansion.
– 🪙 India now 7th largest investor in gold ETFs, ahead of Japan & Australia (WGC).
– 💼 Cabinet clears 3% DA hike for central govt employees & pensioners.
– 📑 RBI lifts lending cap on large corporations, scrapping 2016 circular.
– 🤝 India-EFTA trade pact comes into effect; Goyal says deal ensures long-term predictability.
📈 Equity Markets
– 📊 Nifty closed at 24,842 (+0.92%), Sensex at 81,010 (+0.92%), led by BFSI stocks after RBI policy boost.
– 🏦 PSU & private banks rallied strongly, giving markets much-needed tailwind.
– 🇺🇸 US: S&P 500 closed at 6,702 (+0.19%), Dow at 42,410 (+0.19%), Nasdaq at 22,705 (+0.20%), aided by easing shutdown fears.
– 🌏 Asia: Chip stocks surged, with Samsung & SK Hynix rallying on OpenAI deal; Kospi hit record high.
🏦 Companies
– ⚡ BEL targets 25 GW renewable capacity by 2030, diversifying into green energy.
🌍 Global / World
– 🚘 US auto sales expected to rise 6% in Oct quarter on strong EV demand.