1. India–Russia SMR talks Discussions to manufacture Russian-designed nuclear SMRs in India, boosting clean energy capacity. 2. Atomic Energy Bill 2025 Bill is in final legal vetting; expected to modernise nuclear regulation. 3. Labour Codes progress Draft rules for all four Codes to be released soon; full rollout targeted for April 2026. 4. India Services PMI rises HSBC PMI at 59.8, showing strong services expansion. 5. U.S. private payrolls fall Jobs declined by 32,000, signalling labour market softness. 6. U.S. ISM Services steady Index at 52.6, showing stable demand but weak hiring. 7. U.S. Treasury view Lower global rates may reduce need for 50-year mortgage ideas. 8. Eurozone PMI expands Composite PMI at 52.8, sixth month of growth. Impact on India SMR talks → Strengthens nuclear capacity, supports tech transfer, aids energy security. Atomic Energy Bill → Better regulation, faster approvals, more global collaboration. Labour Codes → Boosts ease of business, expands social security, helps labour-heavy sectors. Services PMI → Strong domestic demand; positive for IT, finance, travel, retail. US job decline → Higher odds of global rate cuts; potential FPI inflows; mixed for IT exports. Steady US services → Demand stable but inflation risk may delay Fed cuts. Lower rate outlook → Reduces borrowing costs for Indian corporates abroad. Eurozone recovery → Positive for India’s pharma, auto parts, engineering exports. Stocks to watch:

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