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**🌍 Economy & Policy**
• 💹 **GST Cuts & Inflation:** Deutsche Bank estimates reduced GST rates could lower inflation by \~25 bps, easing consumer prices.
• 🏦 **Dairy Boost:** Milky Mist says lower GST on dairy will support farmers and improve affordability for households.
• 📊 **EIL Project:** Engineers India Ltd. is executing India’s largest underground LPG rock cavern, enhancing long-term energy storage.
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**📈 Companies & Markets**
• 💰 **Broadcom Surge:** Shares jumped 9% after a \$10B AI chip supply deal with OpenAI, boosting its AI leadership.
• 📢 **Google Fine:** EU imposes a \$3.45B penalty on Google for adtech violations, intensifying scrutiny on Big Tech.
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**🌎 Global Trends**
• 📉 **US Jobs Market:** Unemployment rate rises to a near 4-year high, signaling weaker labor momentum.
• 💵 **Musk’s Payday:** A Texas law enables Elon Musk’s potential \$1T payout, sparking debates on corporate pay practices.