Economy / Market Snapshot – October 2025

General News

• Bihar to vote in 2 phases on November 6 and 11; results and counting of votes on November 14, 2025.
• Political parties to get advertisements pre-certified by media certification and monitoring committee: EC.
• Tejashwi Yadav named INDIA bloc’s CM candidate, Mukesh Sahani to be deputy CM face.
• US and India sign 10-year defence pact under new strategic framework.
• MoD signs ₹659 crore deal for Advanced Night Sight for SIG716 assault rifle.
• Rajnath Singh unveils first Tejas LCA Mk1A from HAL’s New Nashik Production Line.
• Rajnath Singh performs Shastra Pooja and oversees drill at Lakki Nala near Bhuj.
• Indian Coast Guard commissions ship Akshar, strengthening maritime capabilities.
• Indian Navy inducts Indigenous Androth ASW ship to strengthen coastal defense.
• India launches advanced fast patrol vessels ICG Ship Ajit and Aparajit to strengthen coastal security.
• President Droupadi Murmu becomes first President to take sortie in Rafale jet.
• India, Australia sign joint defence and security cooperation declaration.
• India, China hold fresh round of border talks, both sides agree to maintain stability.
• India and Uzbekistan discuss strengthening counter-terrorism cooperation.
• PM Modi, UK PM Keir Starmer hold talks to deepen India-UK strategic ties.
• Afghanistan’s Taliban foreign minister visits India to build closer ties.
• India and Australia focus on deepening defence ties, three agreements signed.
• India-UAE hold Strategic Cultural Council meeting to strengthen bilateral ties.
• Jaishankar, Canadian counterpart Anita Anand agree on ‘new roadmap’ for India-Canada ties.
• India, Kyrgyz Republic agree to strengthen cooperation on counterterrorism and regional security.
• ASEAN Summit: Jaishankar meets New Zealand PM, reaffirms commitment to Indo-Pacific cooperation.
• PM launches ‘PM Dhan Dhaanya Krishi Yojana’ & ‘Mission for Aatmanirbharta in Pulses’ with outlay of
  ₹35,440-crore.
• PM distributes 51,000+ appointment letters, launches ‘Viksit Bharat Yojana’ to provide 3.5 crore jobs.
• National Conference wins three of four Rajya Sabha seats from Jammu and Kashmir; BJP bags one.
• Centre issues gazette listing Gallantry Awards for defence personnel, including heroes of Operation
  Sindoor.
• Govt clears Justice Kant as next Chief Justice of India.
• Belgian court clears way for extradition of Mehul Choksi; dismisses political, abduction claims.
• Centre holds high-level meeting on cough syrup deaths to strengthen drug quality assurance.
• Deepika Padukone appointed as India’s first-ever Mental Health Ambassador by Union Health Ministry.
• National Medical Commission approves 10,650 new MBBS seats, 41 new colleges added for 2024-25.
• Uttarakhand Guv approves minority education bill, Madrasa Board Act to be abolished.
• Uttar Pradesh lights 26 lakh+ diyas, sets Guinness World Record at Ayodhya.
• 61 Naxals surrender in presence of CM Devendra Fadnavis in Maharashtra.
• Gujarat Government announced its new cabinet with Harsh Sanghvi taking oath as Deputy Chief Minister.
• Severe cyclonic storm Montha makes landfall between Machilipatnam and Kalingapatnam.
• US President and leaders of Egypt, Qatar and Turkey sign declaration to end war and bring peace to Gaza.
• All living Israeli hostages released by Hamas, Israel releases Palestinian prisoners.
• Thousands of Palestinians return to Northern Gaza as US-brokered ceasefire comes into effect.
• U.S. Government shutdown continues as funding vote fails again in Senate.
• Sergio Gor appointed as youngest US Ambassador to India.
• Pentagon places stricter restrictions on journalists’ access to military.
• US announces H-1B visa fee exemption for existing holders, relief for Indian IT professionals, students.
• US President Trump orders resumption of US nuclear weapons testing.
• Cap foreign students at 15%, max 5% per country: Trump to US universities.
• Takaichi Sanae elected as Japan’s first female Prime Minister.
• US and Australia sign $8.5 billion agreements on minerals and defence.
• US President Donald Trump holds a bilateral meeting with Canadian PM Mark Carney.
• Russia conducts massive missile and drone attacks on Ukrainian targets.
• Pakistan and Afghanistan agree to immediate ceasefire after Doha talks.
• Trump calls Shehbaz Sharif and Asim Munir ‘great people,’ vows to end Pakistan-Afghanistan conflict.
• Venezuela’s Maria Corina Machado awarded Nobel Peace Prize 2025.
• European Commission President Ursula von der Leyen survives 2 no-confidence votes.
• Macron reappoints Sebastien Lecornu as French PM after days of turmoil.
• UAE launches $10 million drive to build Asia-Pacific resilience.
• Nepal’s interim PM holds first talks with parties and Gen Z since September protests.
• UAE launches new 10 year Golden Visa for foreign Waqf donors, philanthropists.
• Iran’s Supreme Leader Khamenei rejects Trump’s offer for nuclear talks.
• Saudi Arabia abolishes Kafala System, grants freedom to 13 million migrant workers.
• North Korea unveils Hwasong-20 ICBM, calls it nation’s strongest nuclear weapon.
• Thailand, Cambodia sign expansion of ceasefire that ended border conflict.
• World Para Athletics Championships 2025: India ends 10th with record 22-medal haul.
• Tamil Nadu govt partners with Borussia Dortmund for India’s first sports tech incubator.
• Afghanistan pulls out of Tri-Series after Pakistan airstrikes kill 3 cricketers.
• ICC Women’s Cricket World Cup: India eye their maiden title as they take on South Africa in the final.
• Gill enters elite list with century against West Indies, breaks records of Rohit and Tendulkar.
• Rohit Sharma, 38, becomes the oldest ever ICC No. 1 ODI batter, breaks Tendulkar’s world record.
• Lionel Messi wins 2025 MLS Golden Boot with 29 goals and 19 assists.

Business News

• Centre rolls out guidelines for ₹1,500 crore critical mineral recycling incentive scheme.
• Centre releases additional instalment of tax devolution of ₹1.01 lakh crore to state governments.
• IT Ministry approves 7 private electronics component investments in Tamil Nadu, Andhra, MP.
• Cabinet approves ₹11,440 crore mission to make India self-sufficient in pulses.
• Centre’s ₹15,000 crore procurement plan for pulses & oilseeds for Telangana, Odisha, Maharashtra, MP.
• FSSAI directs states to ensure removal of ORS from product labels and brand names.
• Piyush Goyal launches UPI in Qatar, boosting India-Qatar digital ties.
• Government extends Unified Pension Scheme (UPS) choice deadline to 30th November.
• RBI keeps repo rate unchanged at 5.5% for second consecutive time; raises GDP growth forecast for
  current FY to 6.8%; lowers inflation forecast to 2.6%.
• RBI launches incentive scheme for banks to return ₹67,000 crore unclaimed deposits.
• Banks move to continuous cheque clearing, funds in hours from October 4.
• Mutual fund houses stop lump-sum investments in silver ETF FoFs.
• India, Saudi Arabia discuss investment opportunities, economic integration.
• India-EFTA Trade and Economic Partnership Agreement (TEPA) comes into effect.
• India witnesses record Navratri sales in a decade amid GST reforms.
• Jerome Powell-led FOMC cuts key interest rates to 3.75-4.00%.
• US reduces tariffs on China to 47% after President Donald Trump–Xi talks in Busan.
• US and Japan sign key agreements on trade and critical minerals.
• US President Donald Trump imposes additional 10% tariff on Canadian imports amid trade tensions.
• Trump inks deals on trade, critical minerals with Southeast Asian partners.
• US President Trump announces 25% tariff on all imported medium and heavy-duty trucks.
• China greenlights rare earth exports for 4 Indian companies.
• UK sanctions 90 entities, including India’s Nayara Energy, to cut Putin’s oil trade.
• US imposes new sanctions on Russia’s top oil firms Rosneft and Lukoil to pressure peace talks.
• India Post resumes all international services to US after temporary suspension.
• China’s US exports drop in September, while global shipments hits a 6-month high.
• India gets six-month waiver on U.S. sanctions against Chabahar.
• ADB, World Bank sign $3 billion exposure exchange deal to boost lending for developing nations.
• India’s auto deals hit $4.6 billion in Q3, driven by outbound M&A, EV growth.
• Hero MotoCorp makes its debut in Italy.
• Ford announces plan to revive Chennai plant with ₹3,250 crore investment.
• Jaishankar, Ram Mohan Naidu Kinjarapu Meet Airbus and IndiGo Executives to Boost Civil Aviation.
• IndiGo signs contract with Airbus to confirm order for 30 more A350-900 aircraft.
• HAL, Russia’s UAC sign MoU for production of civil aircraft SJ-100 in India.
• L&T signs pact with US co to build MALE drones for Indian armed forces.
• Ola becomes first Indian automaker to get govt certification for in-house developed ferrite motor.
• Ola launches first ‘non-vehicle’ product ‘Shakti’.
• US permits Nvidia to export chips worth billions to UAE amid Donald Trump’s AI diplomacy.
• Google launches Gemini Enterprise AI platform for business clients.
• Andhra Pradesh clinches $10 billion Google investment.
• EY, Microsoft launch free ‘AI Skills Passport’ to train India’s youth.
• Email accounts of 12 lakh central government employees shift to Zoho platform.
• Facebook picks 30% in AI venture of Reliance; two companies to invest ₹855 crore.
• NVIDIA expands collaboration with Fujitsu to build infrastructure to accelerate AI implementation.
• Elon Musk’s xAI launches AI-powered Grokipedia database to replace Wikipedia.
• Mehli Mistry to exit Tata Trusts as 3 trustees vote against reappointment.
• Former British PM Rishi Sunak joins Microsoft, Anthropic in advisory roles.

Q2 Results

• ICICI Bank Q2 PAT rises 5% YoY to ₹12,359 crore, NII grows 7%.
• HDFC Bank Q2 Standalone net profit rises 11% YoY to ₹18,641 crore; NII witnesses 5% growth.
• Axis Bank Q2 Net profit drops 26% YoY to ₹5,090 crore; asset quality deteriorates.
• Yes Bank Q2 Net profit rises 18% YoY to ₹654 crore, asset quality remains steady.
• PNB Q2 Net profit rises 14% YoY to ₹4,904 crore.
• Kotak Mahindra Bank Q2 Net profit falls 3% to ₹3,253 crore, NII up 4% at ₹7,311 crore.
• Federal Bank Q2 profit drops 9.51% to ₹992 crore as provisions rise.
• TCS Q2 Cons PAT rises 1.4% YoY to ₹12,075 crore, ₹11 per share dividend declared.
• HCL Tech Q2 net profit flat at ₹4,235 crore; declares ₹12 interim dividend.
• Tech Mahindra Q2 net profit falls 4.5% to ₹1,195 crore; declares interim dividend of ₹15.
• Infosys Q2 Profit jumps 13% YoY to ₹7,364 crore, revenue up 9% to ₹44,490 crore.
• Wipro Q2 Cons PAT rises 1.2% YoY to ₹3,246 crore.
• Reliance Industries posts 10% profit rise on energy, digital growth; Jio Q2 Profit rises 13% to ₹7,375 crore.
• Hyundai Motor India Q2 Net profit rises 14% to ₹1,572 crore, revenue up 1% to ₹17,461 crore.
• Maruti Suzuki Q2 Profit up 8% at ₹3,349 crore, revenue jumps 13% to ₹40,139 crore.
• Avenue Supermarts net profit increased 4% in Q2FY26 to ₹684.85 crore.
• Eternal, Zomato parent’s PAT plunges 63% YoY to ₹65 crore, revenue soars 183% to ₹13,590 crore.
• SAIL reports 32% rise in profit after tax for H1 FY26; revenue crosses ₹52,600 crore.
• Swiggy Q2 net loss widens to ₹1,092 crore, revenue rises 54%.