_Markets open today —
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📊 *ECONOMY & POLICY*
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🤝 *India-Canada eye $50 billion trade target by 2030*
FM Sitharaman said the two countries remain on track to more than 6x bilateral trade from $7.96 billion in FY26 to $50 billion by 2030, with an FTA targeted for end-2026.
A financial investment protection pact is also under discussion — Canadian FDI into India has nearly doubled in four years, with Fairfax’s bid for 60% of IDBI Bank one visible thread.
📎 _Read: Business Standard_
🤝 *Sitharaman pitches India story to Canadian pension giants*
The FM met Sun Life, CPPIB, OTPP and OMERS executives in Toronto, pitching investment across insurance, infrastructure, renewable energy and GIFT IFSC.
CPPIB talks covered transmission, ports and data-centres — a signal large Canadian pension capital may deepen allocations to Indian infra and financial services.
📎 _Read: The Hans India (substitute for BusinessLine — see note)_
📈 *India’s entertainment & media market to hit $36.7bn by 2030: PwC*
PwC projects the E&M sector growing from $25.7 billion (2025) to $36.7 billion by 2030 at a 7.4% CAGR — nearly double the global industry’s pace.
Internet advertising is set to nearly double to $14.3 billion by 2030, with OTT, gaming and AI-driven content tools flagged as the key monetisation levers to track.
📎 _Read: Business Standard (substitute for BusinessLine — see note)_
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🌍 *GLOBAL & WORLD*
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🏦 *Fed Chair Warsh’s debut Jackson Hole keynote lands today*
Markets want clarity on the Fed’s reaction function amid a bond-market selloff and Treasury buyback interventions; a speech confined to broad structural themes risks being read as dovish.
A dovish surprise could pressure the dollar and support EM risk assets including Indian equities, while a hawkish tilt would likely firm the dollar and pressure the rupee.
📎 _Read: CNBC_
💻 *Amazon to buy two million Nvidia chips for data-centre build-out*
The deal covers Blackwell Ultra, Rubin and Rubin Ultra GPUs, underscoring sustained hyperscaler AI capex globally.
Continued mega-scale AI infrastructure spend is a tailwind for India-linked data-centre, power-infra and IT-services plays riding the AI capex cycle.
📎 _Read: NDTV Profit_
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_Compiled by InvestoScope · 28 Aug 2026_