🏦 Economy & Policy
- States’ Capex Lag: 20 states spent just 26% of budgeted capital expenditure in H1 FY26, says CAG.
- RBI Advisory: Central bank urges states to rework borrowing plans amid rising yields.
- CEA Outlook: India’s FY26 GDP growth seen above 6.8%, supported by GST buoyancy & tax relief.
- World Bank View: India needs deeper financial reforms to reach the $30 trillion economy target.
- Trade Talks: India & Australia push to conclude trade pact negotiations soon.
- Exports Policy: Centre to allow 1.5 mn tonnes of sugar exports; scraps 50% molasses duty.
🏗️ Companies & Industry
- MMRDA Project: Plans ₹1.05 trillion integrated tunnel road network across Mumbai for faster connectivity.
- Credit Cards: Spends jump 23% YoY to ₹2.17 lakh crore in September, signaling strong consumption.
- FMCG Outlook: Companies expect rural demand to stay resilient post-festive season.
- Mid-tier IT: Expected to outperform TCS & Infosys again on agility and client diversification.
🥃 Corporate & Consumer
- Scotch Surge: India set to become largest Scotch whisky market; SWA exploring tie-ups with Indian malt makers.
- Energy Trade: Russian crude imports by PSUs hit lowest since May 2022, despite higher discounts.
- Thermal Coal: Imports rise to four-month high in October on power demand.
🌏 Global & Commodities
- China Shift: Beijing suspends export ban on gallium, germanium & antimony to the US.
- Auto Trend: GST cuts & festive rush fuel ICE vehicle sales surge, EVs trail in momentum.
- Russia Outreach: Moscow invites Indian business delegations across multiple sectors for trade rebalancing.