💹 Economy / Policy
- 🇮🇳 Services PMI eased to 58.9 in Oct, a five-month low, indicating moderation in service sector growth.
- 🏦 Govt may unveil an export promotion mission post-Bihar elections to boost outbound trade.
- 🔋 India’s solar boom could create a ₹3,700 crore recycling market by 2047, per CEEW report.
- 🇮🇳 India makes progress in trade pact talks with Peru and Chile, signalling expanding Latin American engagement.
🏭 Companies / Sector Updates
- 🚗 Smaller SUVs expected to see fastest growth after GST rate cuts, says Skoda India’s Ashish Gupta.
- ⚡ Tesla shareholders approve Elon Musk’s $1 trillion pay package; tariff relief may follow, boosting EV outlook.
- 🏦 SBI projects credit growth surge on back of tax cuts, rate cuts, and rising consumption.
🌏 Global / Commodities
- 🪙 Global gold demand climbing amid price surge and safe-haven buying.
- 🛢️ India’s October crude imports from the US hit record highs, trend likely to sustain in November.
- ⛽ India diversifies petroleum exports as some traditional buyers scale down sourcing.
- 🇺🇸 US weekly jobless claims rose moderately, showing gradual cooling in labour markets.