💹 Economy / Policy
– 🪙 India doubles gold & silver imports, driven by festive demand and safe-haven buying.
– 🛍️ Festive e-sales touch ₹60,700 cr in week 1, GST cuts boosting consumption.
– 📊 ADB retains India’s FY26 GDP growth at 6.5%, trims FY27 outlook.
– 🏗️ Road construction may slide to a 5-year low in FY26, says ICRA.
– 🏦 Fiscal deficit widens to 38% of BE on higher capex, weak tax inflows.
– 🇮🇳 External debt climbs to $747.2 bn at June-end, RBI report shows.
– 📈 India Inc’s credit ratio stays robust in H1 FY26, reflecting corporate strength.
📈 Equity Markets
– 📉 Nifty closed at 24,611 (-0.10%), Sensex at 80,268 (-0.12%), extending losing streak.
– 💵 Rupee hits fresh record low of ₹88.805/$ amid global and domestic outflows.
– 📊 NSE to launch daily expiry GIFT Nifty contracts from Oct 13.
-– 🌎 Global equities steady; US markets strong, Asia mixed, China closed for holiday.
– 🇺🇸 US: S&P 500 6,688 (+0.41%), Dow 42,330 (+0.18%), Nasdaq 22,660 (+0.31%) – best Sept in 15 yrs.
🏦 Companies
– 🤖 OpenAI unveils Sora 2 model along with a new Instagram-like social app.