πΉ Economy / Policy
β π Festival-season sales projected to touch a record βΉ4.75 trillion, driven by GST cuts and consumer optimism.
β π¦ RBI plans stricter norms for banks & NBFCs on related-party lending to strengthen governance.
β ποΈ Indian states to raise βΉ2.82 lakh crore via debt issuance in Q3 FY26, per RBI data.
β π‘οΈ India launches probe into steel dumping from China, Indonesia & Vietnam to protect domestic producers.
π Equity Markets
β π Nifty & Sensex gained ~1% for the week, rebounding sharply to reclaim 24,900 mark.
β πͺ Nifty Metal Index led the rally with strong buying across steel & aluminium majors.
β πΊπΈ Dow & S&P 500 closed at record highs; Nasdaq slipped amid volatility.
π¦ Companies
β π¨βπ» TCS, Cognizant & 8 others under US Senate scrutiny over H-1B hiring amid ongoing layoffs.
β π€ Anthropic appoints Indian-origin Rahul Patil as CTO, showcasing Indian leadership in global AI.
β π¬ OpenAI to give content creators more control & monetization tools for its Sora AI video app.
π Global / World
β π Global trade tension rises as multiple countries review steel tariffs & anti-dumping measures.
