**💹 Economy / Policy**
– 📈 **Record IPO wave**: September 2025 witnessing peak primary market activity — strong investor appetite despite volatility.
– 🏦 **RBI Bulletin** says Indian economy remains resilient amid global headwinds; highlights fintech, UPI-led growth.
– ⚡ **CII-EY report**: India needs a **40x surge in non-fossil energy** to hit Viksit Bharat 2047 goals — massive clean energy capex.
– 💊 **Trump’s 100% tariff on branded drugs** poses downside for Indian pharma exporters; sector earnings at risk.
– 🔋 **PM Modi lays ₹42,000 Cr Mahi Banswara nuclear project** in Rajasthan; boosts domestic energy capacity.
– ⛽ **BP projects global oil demand to peak ~103 mbpd by 2030** — signals energy transition pressures on O&G majors.
– 🛢️ **US tells India to buy oil from any nation except Russia**; tariff rollback unlikely till Russian crude issue resolved.
– 🧠 **IIT-Madras nominated as UN Centre of Excellence for AI**; puts India on global AI R&D map.
– 🤝 **Russian Deputy PM meets PM Modi**; agriculture and food sector collaboration discussed.
**📈 Equity Markets**
– 🇮🇳 **India:** Nifty50 closed **24,890.85 (–166 pts, –0.66%)**, Sensex **82,265 (–555 pts)** — dragged by IT & pharma.
– 🇺🇸 **US close:** Dow **45,947 (–0.4%)**, S&P 500 **6,604 (–0.5%)**, Nasdaq **22,385 (–0.5%)** — Fed & tariff jitters weigh.
– 🌏 **Asia open (26 Sept):** Nikkei **–0.5%**, Hang Seng **–0.8%**, Shanghai mixed — growth concerns pressure region.
**🏦 Companies**
– 🍴 **World Food India** targets **₹1 trn investment** in food processing; sector expansion could lift FMCG & agri-tech.
– 📱 **Sam Altman launches ‘Pulse’**, OpenAI’s personalised daily update tool; adds to consumer AI adoption wave.
**🌍 Global / World**
– 🇺🇸 **US economy grew at fastest pace in nearly 2 years in Q2** — resilience complicates Fed rate cut outlook.
– 🌐 **Trade/geopolitics:** Tariffs, pharma duties, and Russia oil stance keep India–US ties under strain.
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