News & Impact on India –

1. Fed Governor Waller hints at rate cut Soft US labour data pushes dovish tilt. Impact: INR support, FPI stability. Related: Rate-sensitive banks (HDFC Bank,

), NBFCs (Bajaj Finance). 2. China–Russia deepen cooperation Closer ties in energy & agriculture. Impact: Commodity price volatility. Related: , Oil India, Coal India, agri-input firms (Coromandel). 3. India–US energy trade strengthens LPG deal covers ~10% of India’s demand; US crude imports surge. Impact: Better energy security. Related: , HPCL, IOCL, Petronet LNG. 4. Trade deficit at record $41.6 bn Gold imports surge; exports weaken. Impact: INR pressure, possible curbs. Related: Jewellery (Titan), export-heavy IT/textiles (TCS, , Welspun). 5. Direct tax collections +7% YoY ₹12.92 tn collected. Impact: Supports fiscal math. Related: PSU banks (SBI, BoB) benefit from stable macro. 6. Unemployment steady at 5.2% Rural rate improves. Impact: Boosts rural demand. Related: FMCG (HUL, Dabur), 2W (Hero MotoCorp, TVS), tractors (M&M, Escorts). 7. Anti-dumping duty on LAM Coke Protective duties across six countries. Impact: Supports domestic steel. Related: Tata Steel, JSW Steel; user industries face cost push. 8. Duty on Vietnamese HR steel Five-year levy imposed. Impact: Pricing power for Indian steelmakers. Related: JSPL, SAIL. 9. YouTube contributes ₹16,000 cr to GDP 9.3 lakh jobs supported. Impact: Boost to digital ecosystem. Related: Alphabet (global), Indian digital players (Nazara, Zee, Sun TV). 10. Structured LPG contract with US Mont Belvieu pricing adopted. Impact: Supply reliability; less Middle East reliance. Related: OMCs (IOCL, BPCL, HPCL). 11. Asian markets mixed Cautious on JGB and Yen. Impact: Early volatility for India. Related: Exporters (Infosys, TCS) sensitive to currency moves.