According to Allianz Global Wealth Report 2025, the total assets of Indian families increased by 14.5% – which is more than America, China and Europe. At the center of this growth, India’s rapid emerging Middle Class, whose economic strength is now clearly visible. 54% of Indian Portfolio is in Bank Deposits – that is, people are not only earning, but are also saving wisely. In the last 20 years, Real Per Capita Financial Assets have increased by 5 times – which is far ahead of any emerging economy. In 2024, Securities Growth 28.7%, Insurity, Insurity Pension 19.7%, Bank Deposits 8.7% | Despite inflation, Real Assets rose by 9.4%, causing the strength to buy the strength of 40% before the epidemic. A person’s name has increased a Net Financial Assets of $ 2,818 – an annual growth of 15.6%. Increase of 12.1%, but a total debt is only 41% on GDP. Growth, China 20%, Europe: 12% | India is not just chasing now – the race has gone the forefront.

Last week, there was heavy pressure on the stock market. Sensex recorded 2.66% and NIFTY 2.65%. The announcement of heavy selling of foreign investors and the US increase the tariff on pharma products hurt the sentiments of investors. On Friday alone, FIIS sold shares of over ₹ 5,600 crore, which further dropped the market. Now the eye is on the next week, where many major developments will decide the direction of the market. The most important is the meeting of RBI’s Monetary Policy Committee (MPC) starting on September 29. On October 1, Governor Sanjay Malhotra will pronounce the decision at the press conference. If interest rates are cut, then a positive environment is expected to be created in the market. Apart from this, US-India trade talks, policy changes on pharma sector, and money and gold moves can also affect the market direction. Another major movement will be seen in the primary market – a total of 20 iPos are opening next week, out of which 4 are connected to the mainboard and the rest of the SME platform. Also, the listing of 26 companies is also fixed, which may increase the interest of investors. Overall, the next week is highly active and decisive for the market.

The direct impact of trade tariffs between India and the US is now clearly visible on India’s export. In August 2025, India’s export to America has fallen for the third consecutive month to only $ 6.7 billion (₹ 58,816 crore), which is believed to be the biggest monthly decline of 2025. The figure was $ 8 billion in July and $ 8.3 billion in June. Although some sectors such as pharmaceuticals and smartphones have been relieved from tariffs, there is heavy pressure on areas such as textile, gems and jewelery, leather, shrimps and carpets. 30% to 60% of their global demand comes from the US, which has directly affected these industries. According to the GTRI report, if the same situation persists till the financial year 2026, India may face export losses ranging from ₹ 2.5 to ₹ 3 lakh crore. This decline can not only increase India’s trade deficit, but can also create crisis on MSMES and millions of jobs.

Mukesh Ambani -led Reliance Industries is going to do another big explosion! After Jio’s IPO, now it’s the turn of Reliance Retail. According to reports, the IPO of Reliance Retail will be launched in 2027 and its valuation can reach about $ 200 billion (Rs 17 lakh crore), making it the largest IPO listing of India ever. Earlier, the company has made a straight subsidiary by submitting its FMCG business ‘Reliance Consumer Products’ and has started the process of closing low -profit stores to increase ebitda and profits. In FY25, the company registered a revenue of more than ₹ 3.3 lakh crore and an Ebitda of ₹ 25,094 crore. Through this IPO, big investors like GIC, Adia, Qia, KKR, TPG, Silver Lake will get an opportunity for exit. The new rules of SEBI have made the IPO’s way easier. Now it remains to be seen how India’s largest retail IPO creates history!

The ongoing violence in Nepal is now seen to have directly affecting trade and industries. In particular, sporadic violent incidents are still going on in many parts including the capital Kathmandu. The army has tried to control the situation, but there is an atmosphere of fear. Its biggest impact is on FMCG (Fast Moving Consumer Goods) companies. India’s well-known company Britannia Industries has stopped production of its plant located in Baran district of Nepal at present. The company has clearly stated that the safety of employees is paramount. Similarly, Dabur’s plant at Birganj has also been affected, where production has come to a complete standstill. Dabur earns a revenue of about ₹ 400 crore from Nepal, which is about 3% of the total sales. Employees are not able to reach the plant due to violence. Other Indian FMCG companies such as Patanjali, ITC, Reliance Consumer, and Marico are also active in Nepal, which are mainly operated through local distributors. If the situation deteriorates, these companies may also have to suffer big losses.

GST reforms to be implemented from 22 September can bring a positive change for India’s economy. According to Crisil Report, due to these reforms, the earnings of Indian companies can increase by 6-7% by fY 2025-26. Especially FMCG, Consumer Durables and Automobile Sector will get direct benefit as the prices of products of these sectors will fall down. These changes will not only reduce prices, but will also increase the consumption in the festive season, which is about 15% of corporate revenne in India. The GST cut on two -wheelers in the Automobile Sector expects an increase in the demand to 200 Basis points in the demand, as it holds 90% of the total demand. Hotel sector is also relieved – GST has been reduced from 12% to 5% on a room up to ₹ 7,500. At the same time, the tax on Premium Class in Air Tickets may have increased, but the Economy Class, which gives 90% revenue, will continue 5% tax on it. These changes will not only give relief to consumers, but will also speed up India’s industrial growth.

V. Anant Nageswaran, Chief Economic Advisor to the Government of India, has warned in an interview recently that the tariffs imposed by former US President Donald Trump can cause a loss of about ₹ 1.6 lakh crore (0.5%of GDP) to the Indian economy. This loss will depend on the period of Tarifs – if they are further extended, the effect can be felt by the next financial year. However, he expressed confidence that India’s real GDP growth is likely to be between 6.3% to 6.8%. He also said that the government will reduce GST rates on more than 400 items and increase the domestic consumption from Income Tax Relief in February Budget. It is estimated that it will provide a consumption boost of ₹ 5.3 lakh crore, which will compensate for the damage caused by the tariff. But the challenge does not end here – US Treasury Secretary Scottary Scott Bessent has indicated that additional sanctions and tariffs can be imposed on the countries who buy oil from Russia, which can lead to loss. Nevertheless, Finance Minister Nirmala Sitharaman has clarified that India will continue to purchase oil from Russia.

If you are planning to take a luxury electric car, then definitely read this news! Tax on high-end trains like Tesla, Mercedes-Benz, BMW and Byd is likely to increase significantly. So far, EVS is only 5% GST, but an Indian tax panel has suggested that the tax of ₹ 23 to ₹ 46 lakh should be increased to 18%. And it has been recommended to impose 28% or more tax on cars above ₹ 46 lakh. The Modi government has decided to remove 28% tax at present, so that the GST Council now has two options – either EVS should be put into 18% tax slab, or a new 40% luxury Goods category. The final decision will be taken on this in the GST Council meeting to be held on 3–4 September. If this proposal is passed, foreign companies will get a shock, while desi companies like Tata Motors and Mahindra can benefit. Tesla has just started booking in India, but not delivery.

Even before Diwali, the Modi government has given a big gift to the common man, in fact, after meeting the GST Council in the Leadership of Finance Minister Nirmala Sitharaman, now only two slabs will be 5% and 18% instead of 4 of GST. This will also make common needs such as milk, hair oil, soap, shampoo, insurance, AC, cars will also be cheap.

50% tariffs imposed by US President Donald Trump have become effective from today. This penalty has been implemented on India due to purchasing oil from Russia. However, the news of relief is that pharma, auto, auto parts and metal sectors have been exempted from this tariff. The pharma sector has been exempted from India in view of the huge demand for Generalic medicines and life-saving drugs from India. At the same time, vehicles and light trucks of companies like Tata Motors and Mahindra are also out of penalty. Metals like steel, aluminum and copper are also free from this tariff, which will provide relief to JSW Steel, Hindalco and Tata Steel. At the same time, Textiles, Shrimp and James and Jewelery sectors will have a huge impact. Now it has to be seen how long India can take advantage of this exemption and strengthen its position in the global market.