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In This Week

• United States imposed a 50% tariff on Indian exports, leading to a record fall in the rupee and sharp declines in Sensex and Nifty.
• Indian industries including textiles and shrimp reported looming layoffs due to tariff shocks.
• Fitch Ratings reaffirmed India’s ‘BBB–’ rating with 6.5% GDP growth projection for FY 2026.
• Prime Minister Modi attended the 15th India–Japan Annual Summit, with major Japanese investment expected.
• Modi scheduled to meet Xi Jinping and Vladimir Putin at the SCO Summit in China, marking his first China trip in seven years.
• Government of India extended IndiGo’s leasing deal with Turkish Airlines for Boeing 777 flights until February 2026.
• Bollywood film Param Sundari starring Sidharth Malhotra and Janhvi Kapoor released in theaters on August 29.
• OTT releases this week included Metro in Dino (Netflix), Songs of Paradise (Prime Video), and Half CA Season 2 (MX Player).
• Telugu series Kingdom premiered on Netflix, expanding regional content reach.
• Indian entertainment industry braced for a quiet Diwali season with no major Bollywood releases planned.

See more events at August 29