π¦ Economy / Policy
β’ Wind and solar generated more electricity globally than gas for the first time in April, marking a major milestone in the energy transition β‘π
β’ Rupee weakened to a fresh record low, nearing 97/$, even as RBI announced a $5 billion buy-sell swap to ease forex liquidity pressures π±π
π’ Companies / Sectors
β’ Cement sector profitability is expected to moderate in FY27 due to rising fuel and logistics costs, according to ICRA ποΈπ
β’ Nvidia beat quarterly estimates as surging AI-chip demand drove record revenue, reinforcing momentum across the global AI ecosystem π»π
π Global / World
β
