This special report focuses on a potential breakthrough in India-US trade talks, with key figures Donald Trump, Prime Minister Narendra Modi, and RBI Governor Sanjay Malhotra at the centre of developments. Trump has claimed, ‘he assured me today that they will not be buying oil from Russia’. This statement has fueled speculation about an imminent trade deal, which RBI Governor Malhotra suggests could lead to higher GDP growth. The news has sent the rupee soaring to a two-month high against the dollar. Also on the agenda is a major relief package for MSMEs, which the government says will be rolled out by November 15th, and a look at the day’s market action, where banking stocks are in the lead.
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