💹 Economy & Policy
• India’s industrial growth is expected to accelerate in H2 FY26, driven by GST rationalisation, festive demand, and easing inflation, according to a Bank of Baroda report.
• Corporates can now file ITRs till December 10, following an extended deadline aimed at easing compliance pressure.
• Government plans a verified caller ID system across India by 2026, to curb spam and fraud calls, enhancing consumer protection.
🏦 Companies & Sectors
• Nvidia became the world’s first $5 trillion company, reflecting the AI boom’s impact on global tech valuations.
• Copper prices hit record highs, supported by robust industrial demand and supply constraints in key producing countries.
• Indian corporates are set to benefit from lower input costs and festive-led consumption recovery through Q3 FY26.
🌏 Global & Policy Developments
• Trump confirmed ongoing talks on a new India–US trade deal, but offered no clarity on potential tariff rollbacks.
• US Federal Reserve cut interest rates, though Chair Jerome Powell indicated it may be the final reduction of 2025, signaling a cautious policy stance.