Asian markets traded mostly lower as excitement over the US government shutdown’s end faded, with focus shifting to the Federal Reserve and tech bubble fears. Despite the reopening, investors await economic data, while oil prices fell on surplus forecasts and the Japanese yen weakened, sparking intervention speculation.

Groww’s parent company, Billionbrains Garage Venture, is nearing a Rs 1 lakh crore market cap after a strong stock market debut. Shares surged post-listing, rewarding IPO investors with significant returns. Experts see Groww as a proxy for India’s expanding capital market.

The American penny’s 200-year run has ended as the US Mint halts production due to high manufacturing costs. While existing pennies remain legal tender, retailers face challenges managing prices and payments, leading to rounding practices that may cause confusion and financial implications for consumers and businesses alike.

Donald Trump proposed issuing $2,000 rebate checks to Americans, funded by tariffs, to address affordability concerns. While the Treasury reports significant tariff revenue, economists highlight that costs are passed to consumers, and the proposed payout exceeds current collections. The plan faces legal, political, and economic hurdles, including potential Supreme Court challenges and inflation risks.

India’s new Export Promotion Mission, approved with ₹25,060 crore over six years, aims to boost exports by supporting MSMEs and offering non-financial aid. However, experts warn of implementation delays due to its conceptual stage, pending digital platforms, and insufficient annual funding. Effective execution hinges on interdepartmental coordination and more resources.

Groww shares debuted on Dalal Street with a premium, listing at Rs 114 on the BSE and Rs 112 on the NSE, exceeding grey market expectations. Analysts are cautiously optimistic about the fintech platform’s long-term prospects, citing strong customer growth and a scalable business model despite regulatory headwinds.

Children under ten are the most vulnerable to India’s air pollution, accounting for 43% of pollution-linked insurance claims, five times more than any other age group. This escalating environmental issue has become a public health emergency, with pollution-related illnesses now representing 8% of total hospitalisation claims.

Tata Motors Commercial Vehicles Ltd. (TMLCV) debuted strongly, listing at a significant premium. Investors are optimistic about India’s commercial vehicle upcycle and infrastructure growth. Analysts see the demerger unlocking value, with the Iveco acquisition offering global potential. While near-term volatility is expected, long-term prospects appear bright.

India should push for the rollback of 25% tariffs on Russian crude oil before finalizing a trade deal with the US, according to GTRI founder Ajay Srivastava. This move, coupled with India’s reduced Russian oil imports, could enhance market access and boost competitiveness in key sectors.

PhysicsWallah’s IPO is seeing a slow start, with only 10% subscription on its second day. The edtech giant aims to raise Rs 3,480 crore, with a price band of Rs 103-109 per share. Funds will fuel expansion for its popular test prep and upskilling courses. Shares are expected to list on November 18.