**π Economy / Policy**
πΉ Trumpβs tariffs could shave off 0.5% from Indiaβs GDP, warns the Chief Economic Adviser.
π¦ Indiaβs apparel export outlook revised to *negative* by ICRA; exports may shrink 6β9% in FY26.
π India may allow satcom firms to serve foreign markets, boosting satellite communications exports.
π GST relief and investment push continue to support policy-led growth.
**π Equity Markets**
π° Infosys board to consider a share buyback β a move that may boost investor sentiment.
**π’ Companies**
πΉ Asian Paints to invest βΉ2,000 crore in a new 4 lakh KL plant in Indore, enhancing capacity and market share.
**π Global / World**
π¦ EU and US plan coordinated action on Russian oil to tighten sanctions and limit Moscowβs energy revenues.
π IndiaβGCC political dialogue reviewed the 2024β28 Joint Action Plan, covering trade, security, and investment.
