Daily Recap: Business — 25 October 2026

Business news centers on how policy, energy costs and investor nerves are reshaping corporate and market decisions. From a major U.S. auto investment and aviation expansion in India to equity selloffs, housing weakness and rising oil, companies and markets are adjusting to a more...

Audi pushes ahead with plans for its first U.S. manufacturing plant, a roughly $4 billion investment in Georgia expected to create about 4,500 jobs. The project lands amid tariff politics and a broader Volkswagen restructuring, giving the announcement both industrial significance and political visibility as Donald Trump promotes it on the campaign trail.

Rising oil prices weigh on global markets, pulling Wall Street lower and setting up expected declines for Australia’s ASX. Higher energy costs are the central pressure point, feeding concern about inflation and corporate margins and adding to the cautious tone that has spread across equity markets.

Foreign portfolio investors pull Rs 48,056 crore from Indian equities so far in October, extending this year’s outflows to about Rs 3.08 lakh crore. Concerns about crude oil prices and inflation help drive the retreat, underscoring how global macro pressures are steering capital away from risk assets in India.

The U.S. housing market remains sluggish, and more sellers are cutting asking prices as homes sit longer and buyers stay scarce. With supply outpacing demand in many areas, owners are being forced to temper expectations, pointing to a market that is softening rather than regaining momentum.

Eight of India’s 10 most valuable listed companies lose a combined ₹1.55 lakh crore in market capitalization over the week, reflecting broader weakness in equities. HDFC Bank and Bajaj Finance lead the declines, while Tata Consultancy Services and Larsen & Toubro stand out as exceptions with gains.

Goldman Sachs cuts its 12-month target for South Korea’s Kospi Index by 25% to 9,000, citing growing concern about the durability of the AI-driven stock trade. The move signals a more guarded near-term outlook as investors question whether heavy AI-related spending will keep supporting valuations.

IndiGo and the Air India group plan a phased shift of selected flights from Mumbai’s main airport to Navi Mumbai International Airport starting in December 2026. The transition continues into the following summer schedule, marking a major operational expansion as carriers prepare to split traffic across the region’s two airports.

India’s primary market is set for a busy stretch, with five IPOs opening between October 26 and October 29 and aiming to raise nearly ₹2,600 crore. The slate includes EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers, and Bombay Coated and Special Steels.