Markets Under Pressure: India bonds logged their worst week in six as oil prices surged, the rupee slid to record lows, and U.S. yields rose—pushing investors toward shorter-duration bets. Energy & Geopolitics: PM Modi’s UAE stop delivered defence, energy and shipping pacts, including plans to expand India’s strategic petroleum reserves and secure long-term LNG/LPG supply, as Strait of Hormuz tensions keep fuel costs in focus. Trade & Policy: India flagged energy-shock concerns to BRICS and pushed for standards/customs alignment with Africa to boost trade. Semiconductors Push: Rajasthan inaugurated India’s first SME-led semiconductor OSAT/ATMP facility in Bhiwadi alongside an electronics manufacturing cluster. EV & Clean Tech: Ola Electric plans $208.5m investment in vehicle and cell units; Waaree Clean Energy won a green hydrogen ecosystem order in Karnataka. Gold Rules Bite: India’s gold import duty hike sparked a sharp demand drop and price falls, while travellers recalculated Dubai-to-India jewellery limits. Textiles: Tiruppur exporters urged extension of RoSCTL, zero cotton import duty, and stronger MSME tech support.