Economy 💹📊
- US imposes tariffs on Indian goods, potentially cutting GDP growth by 0.8%.
- Doubling US tariffs to 50% could hit $87B in exports like textiles, auto parts.
- Paper manufacturers warn surging imports threaten local industry, seek policy support.
Markets 📈📉
- Dollar and Treasuries fall as Trump criticizes Fed; gold prices rise amid uncertainty.
- Indian markets face volatility; Sensex drops 500 points, rupee weakens on tariff concerns.
Companies 🏦💰
- Dream11’s revenues, 95% deemed illegal, shake gaming sector outlook.
- Two-wheeler segment projects 6-9% volume growth in FY26, fueled by demand recovery.
- Automakers report sluggish festival sales, push for GST relief to spur demand.
Policy/Regulation 📢
- Govt plans early GST rate cuts to bolster auto and other sectors.
- India-US trade talks continue; deal unlikely soon amid tensions.