_Markets open today_
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📊 *ECONOMY & POLICY*
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🏦 *RBI to buy back ₹30,000 cr of G-Secs today*
The Reserve Bank will conduct a securities buyback auction on Sept 3, covering paper like 7.33% GS 2026 and 8.24% GS 2026.
This mops up part of the system’s surplus liquidity and signals the RBI is managing rates actively even with no MPC meeting this month.
📎 _Read: Business Standard_
🤝 *India presses trade concerns as Xi’s Delhi visit nears*
Ahead of Xi Jinping’s expected Sept 12–13 BRICS visit, India has flagged its widening trade deficit with China (now over $100bn) and curbs on rare-earth and critical-mineral exports.
Any easing on rare-earth flows would matter directly for India’s EV, electronics and defence manufacturing supply chains.
📎 _Read: Deccan Herald_
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🏢 *COMPANIES*
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💻 *AI forces Indian IT to rewrite its pricing playbook*
TCS, Infosys, HCLTech, Wipro and Cognizant are shifting contracts from billable-hours to outcome-based fees as AI lets clients shift work in-house and demand steeper price cuts.
TCS says ~80% of its BPO-adjacent contracts are now outcome-linked — a structural margin risk for the $315bn sector even as deal pipelines stay healthy.
📎 _Read: Business Standard_
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🌍 *GLOBAL & WORLD*
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💡 *Apple sets $58mn pay target for new CEO John Ternus*
Ternus, who formally took over from Tim Cook on Sept 1, gets a $3mn salary plus a $55mn equity award for FY27; Cook moves to executive chairman on a $47mn package.
A clean, well-telegraphed succession — limited direct India-market relevance, but a bellwether read on how Big Tech is compensating AI-era leadership transitions.
📎 _Read: Bloomberg_
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_Compiled by InvestoScope · 03 Sep 2026_