Here’s your WhatsApp-ready digest for today 👇
💹 Economy / Policy
– 📑 RBI to scrap ₹10,000 cr lending cap for corporates, freeing banks to lend larger sums.
– 💵 Five states contributed 40% of GST revenues in Apr–Sep FY26, highlighting tax concentration.
– 🛠️ Centre receives ₹1.15 lakh cr investment proposals under Electronics Component Manufacturing Scheme.
– 🛍️ Govt widens Swadeshi push to promote Indian products across categories.
– 🛢️ India boosts US oil imports amid tariff uncertainty and diversification strategy.
📈 Equity Markets
– 🇮🇳 Nifty & Sensex ended mixed in cautious trade; investors eye RBI credit reforms.
– 🇺🇸 S&P 500 closed at another record high despite US shutdown risks.
– 🛢️ Oil prices head for a sharp weekly decline as OPEC+ signals possible supply hike.
🏦 Companies
– 👨💻 Tech hiring slowdown persists; job openings down 27% YoY, per report.
🌍 Global / World
– ✈️ India–China direct flights set to resume this month after long suspension.
– 🇪🇺 EU mulls doubling steel import tariffs to 50%, a protectionist step for the bloc.
– 🇷🇺 Putin praises Trump, warns US long-range missiles to Ukraine could damage ties.
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