πΉ Economy / Policy
- Indiaβs goods exports rose 6.7% YoY in Aug to $35.1 bn; trade deficit narrowed.
- Unemployment rate dipped to 5.2% in Aug, marking a second monthly decline.
- Panel suggests India explore renegotiation or exit from WTO IT Agreement.
- NITI Aayog: AI could unlock up to $1.7 tn boost for Indiaβs economy by 2035.
- Solar-plus-storage projected to dominate Indiaβs future energy mix.
π Equity Markets
- Alphabet crossed $3 tn market cap, riding AI-driven Big Tech momentum.
- Asia stocks hit new highs, while dollar stayed soft as investors eye Fed cut.
π¦ Companies
- Reliance Retail gears up for listing, aiming at a $200 bn valuation.
- Auto dealers raise orders to OEMs, anticipating festive demand surge.
- Value apparel retailers expect ~20% festive sales growth, aided by GST cuts.
- Festival travel demand surges: early bookings, bundled packages, Tier-2 town momentum.
π Global / World
- US trade negotiator Brendan Lynch arrives in India tonight; trade talks Tuesday.
- US & China reach framework deal on TikTok; TrumpβXi call scheduled Friday.
