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This edition captures a month shaped by renewed inflation concerns, rising crude oil prices, geopolitical tensions, and central banks navigating increasingly complex economic conditions. We track a volatile Nasdaq and Nikkei, a resilient FTSE, an uneven DAX, a stronger dollar, pressure on the rupee, and India’s declining forex reserves. Commodities remained equally eventful, with gold facing interest-rate pressures, crude surging amid supply disruptions, and scandium emerging as a strategically important rare metal. In India, the Nifty 50 recovered despite persistent FII selling, while IT stocks rallied strongly on encouraging earnings and domestic institutions continued supporting the market. Beyond markets, this edition examines the RBI’s first rate hike since 2023, the implications of US secondary tariffs on Russian oil buyers, Amul’s farmer-owned cooperative model, DailyObjects’ design-led growth strategy, and Jio Platforms’ record-breaking IPO. October was ultimately defined by geopolitical uncertainty, monetary tightening, and selective market resilience.
Co – Contributors: Kushagra Khetan | Ishan Jain
