🏦 Economy / Policy
- PSU Banks post record profits in Q2 FY26, driven by lower NPAs and strong credit growth.
- Capex Surge: Road, rail & defence projects lead FY26 public spending, reaching 52% of annual target.
- GST Alert: Collections dip in 20 of 36 States/UTs in October, hinting at moderation in consumption.
- PM Modi launches ₹1 trillion RDI Fund to back high-risk, high-impact innovation projects.
- Imports of seamless pipes/tubes from China double in FY25—pressure on domestic steel players.
🏭 Companies / Sectors
- Toyota & Honda ramp up production, making India a key export hub amid China supply chain shifts.
- Solar Manufacturing capacity may exceed 125 GW by 2025, raising overcapacity risks.
🌏 Global / Trade
- India continues large Russian feedstock buys, says Moscow envoy; energy ties remain strong.
- Oil imports from the US hit a 4.5-year high in Oct, even as Russian crude inflows stay steady.
- India–Romania explore deeper collaboration in auto, defence & renewables.
- New Zealand open to sharing agri-tech under trade talks; India cautious on dairy access.
💻 Tech & Innovation
- Google in early talks to increase investment in Anthropic, per Business Insider.
- Google Maps integrates Gemini AI for hands-free navigation and smarter route planning.