💹 Economy & Policy
- India and the UK target over $110 billion in bilateral trade by 2030, announced PM Modi at the India-UK CEO Forum.
- Kerala’s BioEconomy touches $8.24 billion, positioning the state as a future green growth leader.
- Government revises PLI scheme for man-made fibre and technical textiles to attract fresh investments.
- India aims to boost pulses production by 40% by the 2030–31 crop year to strengthen food security.
- India remains on track to become the world’s third-largest economy by 2028, said UK PM Keir Starmer.
- Beijing has sought assurance from India to prevent U.S. re-exports of heavy rare earths under new trade routes.
📈 Equity Markets
- Nifty resumed its upward trend, gaining over 0.5% to close just below 25,200 after Wednesday’s pause.
- Nifty Realty stocks rebounded strongly from key support zones, with bullish patterns indicating further near-term gains.
- GIFT Nifty signals a positive to flat opening amid easing geopolitical tensions and mixed Asian cues.
- Global markets saw mild corrections as the Dow fell 0.52%, S&P 500 dropped 0.28%, and Nasdaq eased 0.08%, while South Korea’s Kospi rose 1.20% and Japan’s Nikkei slipped 0.96%.
🏦 Companies & Tech
- TCS to build a massive 1 GW data centre, expanding its digital infrastructure capacity across India.
- TCS reported Q2 revenue of ₹66,200 crore, up 3.1% YoY, with stable margins at 25.8%.
- Cement companies are expected to post higher Q2 profits, aided by a low base and stable input costs.
🌏 Global & Commodities
- Oil prices softened amid easing geopolitical tensions and inventory buildup in the U.S.
- Precious metals remained steady after recent highs, with traders eyeing U.S. inflation data for direction.