SBI and PNB seek resolution with Karnataka Government after account closure order; Short-term borrowing costs drop to lowest in nearly two years amid liquidity build-up; U.S. retail sales surge in July, boosting consumer resilience despite high prices; U.S. industrial output declines in July due to factory slowdown and hurricane impact; Wall Street rallies as risk-on sentiment returns; S&P 500 and Nasdaq post strong gains; China’s steel production plummets amid weak demand and declining margins.......All this and much more on your daily podcast by Alex Mathew