Negotiations between India and the United States on a bilateral trade agreement have again stalled. India recorded a trade surplus of nearly 34 billion dollars with the US in fiscal year 2025–26, making market access, tariffs and export restrictions central issues in the talks. The delay could affect exporters in sectors such as textiles, pharmaceuticals, engineering goods and information technology, while both governments continue to balance commercial interests with domestic political pressures.reuters
India’s stock market weakness
International business coverage has focused on the decline in India’s stock market despite continued economic growth. Investors are assessing valuation concerns, global interest-rate conditions, foreign capital flows and earnings expectations. The contrast between strong macroeconomic growth and weak market performance underlines the difference between the real economy and financial-market sentiment.bbc.co+1
IMF retains India growth forecast
The International Monetary Fund retained India’s real GDP growth projection at 7 per cent for fiscal year 2026–27. The forecast keeps India among the fastest-growing major economies, although risks remain from global trade tensions, energy prices, capital outflows and geopolitical instability.pareeksha
HDFC Bank leadership transition
The Reserve Bank of India approved Anup Bagchi as HDFC Bank’s next Managing Director and Chief Executive Officer. He is expected to assume office on October 27 for a three-year term, succeeding Sashidhar Jagdishan. The appointment is notable because Bagchi is reported to be the first external candidate to head the bank, making the transition significant for governance, strategy and investor expectations.freejobalert
IndiGo fuel surcharge
IndiGo increased fuel surcharges on domestic and international flights from October 6. The move reflects the pressure that fuel prices and operating costs place on airlines. Passengers are likely to face higher effective fares, while the broader impact will depend on crude prices, currency movements and competition among carriers.