💹 Economy & Policy
• India’s Q2 GDP may beat RBI’s 7% forecast as stronger consumption and investment lift growth momentum.
• New GST rates helped pull down October retail inflation to a record-low 0.25%, with core (ex-gold) inflation turning negative.
• ₹25,000-cr export promotion mission clears Cabinet hurdle; implementation will now begin pending detailed guidelines.
• India imposes anti-dumping duty on Vietnam’s steel imports for five years to protect domestic producers.
• Vegetable oil imports remain flat at 16.3 MT in 2024–25, indicating stable edible oil demand.
• Moody’s projects India’s growth at 6.5% through 2027, citing strong domestic demand and capex push.
• DPIIT receives 13 PLI applications for white goods with ₹1,914 crore committed investments.
• GTRI warns export mission rollout depends on clear guidelines & funding clarity for effective execution.
🏦 Companies & Industry
• Luxury EV segment faces trouble, hit by weak demand and rising competition, pressuring premiums and margins.
• Chhattisgarh begins its biggest copper concentrate export shipment to China, boosting mining-sector revenues.
• MSMEs in Uttar Pradesh are seeking new trade partners in Africa and Latin America to diversify export markets.
• Textile exports to 111 countries grow 10% in Apr–Sep, driven by US & EU orders and competitive pricing.
🌍 Global / World
• US Fed’s December rate cut remains a toss-up, with mixed inflation and job-market signals keeping markets cautious.
💼 Jobs & Labour Market
• IT sector unemployment hits a 4-year high at 7.2%, reflecting ongoing hiring freezes across major tech firms.