🌍 Economy
- Trump’s 50% tariffs on imports spark concerns. Analysts warn India’s engineering goods exports may fall sharply, hurting jobs and supply chains.
- US tariff shock could slash FY26 shipments by 43% to \$50 bn, impacting Bengal’s leather, marine, and engineering exports.
- Global steel production slipped 1.3% in July, signaling weaker global demand and trade pressures.
- Crisil notes tariff uncertainties may delay India’s private capex this fiscal.
🏦 Companies
- Suzuki to invest ₹70,000 cr in India; Hansalpur plant to serve as a global EV hub, boosting local jobs and supply chains.
- Bank of Baroda chief expects corporate loan growth to pick up in the next 3–6 months, supported by steady demand.
- India’s hospitality sector recorded 12.9% RevPAR growth in Q2 2025, led by strong domestic travel.
📊 Markets
- Mixed IPO debut: Vikram Solar & Patel Retail gained, while others underperformed.
- Chinese stocks touched a decade high, yet retail investors remain cautious.
- Asian markets were subdued ahead of Nvidia results, with investors watching Fed independence closely.