The Indian stock market experienced its largest crash in 10 months, resulting in a loss of ₹19 lakh crore in investor wealth in a single day. The government, with the Prime Minister closely monitoring the situation, is reportedly stepping in to mitigate the impact. Public Sector Undertakings (PSUs) have been advised to provide shareholder relief, potentially through a formula of 30% profit after tax or 4% of net worth. This crash is attributed to global market turmoil amid US-China trade tensions and tariff hikes. Concurrently, Rahul Gandhi participated in the ‘Palyan Roko Naukri Do’ march in Begusarai, Bihar, led by youth Congress leader Kanhaiya Kumar, addressing unemployment issues. Gandhi criticized the NDA government for marginalizing communities and was mocked by the BJP for his campaign choices. This visit marks his third to Bihar in three months, highlighting Congress’s focus on the state for potential revival. #economicmeasures #stockmarketcrash #rahulgandhiinbihar #marketvolatility #psurelief #globalmarketturmoil #governmentintervention #investorwealthwipeout #unemploymentprotest #congressinbihar #biharpolitics #tariffhikes #tradewar #assemblypolls #rahulgandhi #whitetshirtyatra
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