💹 Economy & Policy
• India, China & Russia may expand energy trade in local currencies if US dollar stability weakens, per OIES — boosting de-dollarisation momentum.
• Above-normal monsoon rains expected to cool food prices in H2 FY26, but base effects could push inflation higher again in FY27.
• India–Russia officials discuss FTA progress ahead of President Putin’s upcoming visit, signalling deeper strategic trade ties.
• India proposes a UK-style totalisation agreement with the US, aiming to reduce social-security costs for Indian professionals.
🏦 Companies & Industry
• Gems & jewellery exports fell 30% in October to $2.17 million, pressured by weak global demand and high gold prices.
• Concerns rise over Chinese steel entering India via Nepal, potentially bypassing duties and impacting domestic mills.
• Andhra Pradesh secures ₹13.25 trillion investment commitments at the CII summit, spanning infrastructure, energy, and manufacturing.
🌍 Global / World
• Peter Thiel exits his entire Nvidia stake and cuts Tesla holdings, citing tech-sector bubble risks — prompting market attention.