🏦 Economy / Policy
• US Fed’s FOMC meeting (May 6–7) remains in focus, with markets expecting rates to stay unchanged while tracking guidance on inflation and future cuts 📊
• India’s exports touched a record $863 billion in FY26, driven by strong growth in services exports 💹📈
• Services PMI rose to a 5-month high of 58.8 in April, signalling continued strength in domestic demand 📈
• India and Vietnam have set a $25 billion bilateral trade target by 2030, deepening regional economic ties 🌍🤝
• India and South Korea are likely to hold FTA review negotiations on May 25, aiming to strengthen trade cooperation 📊
• Brent crude has fallen around 7% to near $102/barrel on renewed hopes of a Middle East peace deal, easing imported inflation concerns slightly 🛢️📉
🏢 Companies / Sectors
• Samsung has crossed a $1 trillion valuation, reflecting continued investor optimism around AI and semiconductor demand 💻📈
• Cement sector is facing margin pressure amid weak demand and rising input costs 📉
• Indian industries led by pharma are expected to invest $20.5 billion in the US, strengthening outbound investment trends 💊🌍
• Steel demand rose 8% in April as prices recovered across segments, supporting sector outlook 📈
🌍 Global / World
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