_Markets open today_
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📊 *ECONOMY & POLICY*
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📉 *CPI Jumps to 23-Month High of 5.54%*
September retail inflation rose from 4.83% in August, with food inflation at 7.74% and core at 4.6%.
RBI sees about 6% in Oct–Dec, and ICRA and Bank of Baroda both expect another repo hike on 2–4 Dec.
📎 _Read: Business Standard_
🏦 *10-Year G-Sec Yield Climbs to 7.358%*
The benchmark yield rose to 7.3580% on Monday after RBI’s liquidity steps, from 7.2994% on Friday, up 45 bp in eight weeks.
Tighter liquidity is pushing borrowing costs higher, a headwind for rate-sensitive stocks and bond portfolios.
📎 _Read: Business Standard_
⚡ *Russia Diesel Deal Eases Supply, Tests Refiners*
Trump says Russia will supply 300,000+ tonnes of diesel now, 500,000 in November and 1 mn after, under a US licence valid to 7 April.
It may ease the fuel shortage but could cool diesel margins for Indian refiners and exporters.
📎 _Read: Business Standard_
💡 *SBI Economists Want LTCG Tax on Equities Scrapped*
SBI economists have called for removing long-term capital gains tax on equities, citing FPI outflows of over ₹3 lakh cr this year.
The proposal is aimed at stemming foreign selling, though it needs a Budget decision.
📎 _Read: Economic Times_
https://economictimes.indiatimes.com/markets/stocks/news/sbi-economists-call-for-scrapping-ltcg-tax-on-equities/articleshow/134897107.cms
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🌍 *GLOBAL & WORLD*
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💻 *Microsoft to Scale In-House Maia AI Chips From 2027*
Microsoft plans multi-gigawatt deployments of its own Maia AI chips from 2027 to reduce reliance on Nvidia.
It adds to custom-silicon competition for the AI chip supply chain.
📎 _Read: NDTV Profit_
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_Compiled by InvestoScope · 13 Oct 2026_