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29-January-2026
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 Indian Economy
 
Centre remains well on track to achieve 4.4 pc fiscal deficit target for FY26: Survey
The government is well on track to meet the fiscal deficit target of 4.4 per cent of GDP estimated for the current financial year based on broad trends, the Economic Survey 2025-26 tabled in Parliament on Thursday said. According to the survey prepared by Chief Economic Advisor V Anantha Nageswar...

India-EU FTA not a zero sum deal but a win-win deal: Piyush Goyal tells Jairam Ramesh
The government has taken up the issue of the Carbon Border Adjustment Mechanism (CBAM), interests of exporters in steel, aluminium and all other sectors like “no one ever has” and identified pathways to find solutions, commerce and industry minister Piyush Goyal said Wednesday. In a post on X, he...

Economic Survey 2026: India's recent trade triumphs to fuel its growth powerhouse
India’s Economic Survey 2025-26 tabled on Thursday delivered a blunt message: services exports made India rich, but only manufacturing will make it resilient. As global trade fragments with US President Trump slapping tariffs and supply chains resetting, the Survey says India’s new trade deals ar...

Economic Survey 2026 Highlights: Growth steady, inflation anchored, external risks persist
Union Finance Minister Nirmala Sitharaman tabled the Economic Survey 2025–26 in the Lok Sabha on Thursday, a day after the Budget Session of Parliament began. Prepared by the Economic Division of the Department of Economic Affairs under the supervision of Chief Economic Adviser V Anantha Nageswaran,...

Economic Survey 2026: India’s trade buffers blunt the blow of Trump tariffs
India’s exports are holding firm despite the sting of rising U.S. tariffs, supported by strong domestic fundamentals that have helped cushion external shocks and demonstrate the country’s ability to navigate a volatile global trade landscape, the Economic Survey 2026 shows. The Survey noted that ...

Economic Survey 2026: India's real GDP for FY27 projected at 6.8% to 7.2%
The Economic Survey tabled in Parliament on Thursday projected India’s economy to grow between 6.8% to 7.2% in fiscal 2027, on the back of strong domestic demand, even as global volatility weighs on the outlook. The finance ministry's forecast in the annual economic survey represents a slowdown f...

Economic Survey 2026: Rupee punching below its weight. Why does it not 'hurt'?
The Indian rupee lagged in 2025 despite India’s strong economic fundamentals, the Economic Survey 2026 said on Thursday, arguing that a weaker currency does not “hurt” for now as it softens the impact of higher US tariffs on exports. The rupee’s valuation does not accurately reflect India’s stell...

Industry output growth hits 26-month high of 7.8% in December
India’s factory output recorded strong growth for the second consecutive month in December, with the Index of Industrial Production (IIP) rising 7.8% year-on-year (YoY), on the back of healthy consumer demand and strong manufacturing performance, according to government data released on Wednesday. ...

 
 Global Economy
 
German Chancellor Merz Says Weak Dollar a Burden for German Exports
Chancellor Friedrich Merz joined the head of Germany's main foreign trade association on Wednesday in voicing concern over the sharp weakening in the dollar, after it fell to a four-year low. "I have watched the dollar rate with concern, for some time," Merz told a news conference ahead of a meet...

Samsung Sees Acute Chip Shortage Persisting, Warns of Mobiles Headwind After Profit Triples
Samsung Electronics forecast a worsening chip shortage this year driven by the AI boom, with strong memory demand benefitting its mainstay chip business but creating headwinds for its other units like smartphones and displays. Samsung on Thursday said its operating profit more than tripled to a r...

Philippine Q4 Growth Skids to 5-Year Low, Raises Odds of Further Rate Cuts
Philippine economic growth slumped to its weakest in almost five years in the final quarter of 2025, with the full-year pace coming in well behind the government's target in a sharp blow to this year's outlook and raising the odds of further rate cuts. The weak economic performance was in part ca...

South Korea Exports Set for Fastest Rise in Over 4 Years Amid AI Boom: Reuters Poll
South Korea's exports likely rose at the fastest annualised pace in more than four years in January due to surging demand for artificial intelligence chips and favourable calendar effects, a Reuters poll showed on Thursday. Exports from Asia's fourth-largest economy, a bellwether for global trade...

Japan Leans on US Backing, Tactical Silence in War on Yen Bears
Japan's top monetary officials are leveraging rare U.S. backing in their fight against the weak yen, using tactical silence and calibrated communication to drive the currency sharply higher without resorting to large-scale intervention. At the heart of the approach is Atsushi Mimura, Japan's top ...

Key takeaways from the Fed meeting: What Powell’s comments mean for rate cuts
The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year. Chair Jerome Powell said at a news conference after the central bank announced its decision that the economy’s outlook “has clearly i...

 
 Market & Finance
 
FPIs Pull Out $3bn From Indian Stocks
The selloff of listed stocks by foreign portfolio investors (FPIs) has exceeded $3 billion in January, marking the highest monthly outflow since August 2025. The selling has persisted even as FPIs remained net buyers in several other emerging markets, including South Korea, Taiwan, Indonesia, and...

Family businesses as a pillar of Viksit Bharat
The Missing Big Idea In a recent letter to the Finance Minister published in the Times of India, Duvvuri Subbarao, former governor of the Reserve Bank of India, posed a question that goes to the heart of India’s economic moment. If Viksit Bharat is the overarching vision of this government, what do...

 
 
 
 
 
 
 Pre-Budget 2012-2013
 
Budget likely to back upstream solar manufacturing with Rs 5,000–6,000 crore support
The Union Budget may provide Rs 5,000–6,000 crore in incentive support for domestic manufacturing of solar ingots and wafers, as the government looks to strengthen India’s upstream solar supply chain, officials familiar with the discussions said. The proposed outlay is being examined as part of a...

 
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 Notifications
 
RBI
RBI/2025-26/197
(Delhi) 28-01-2026
Reserve Bank of India (Commercial Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026...
RBI/2025-26/198
(Delhi) 28-01-2026
Reserve Bank of India (Small Finance Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026...
RBI/2025-26/199
(Delhi) 28-01-2026
Reserve Bank of India (Payments Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026...
RBI/2025-26/200
(Delhi) 28-01-2026
Reserve Bank of India (Regional Rural Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026...
RBI/2025-26/201
(Delhi) 28-01-2026
Reserve Bank of India (Local Area Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026...
RBI/2025-26/202
(Delhi) 28-01-2026
Reserve Bank of India (Urban Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026...
RBI/2025-26/203
(Delhi) 28-01-2026
Reserve Bank of India (Rural Co-operative Banks – Cash Reserve Ratio and Statutory Liquidity Ratio) Amendment Directions, 2026...
INCOME TAX
Notification No. 8/2026
(Delhi) 28-01-2026
S.O. 260(E).—In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961...
Notification No. 9/2026
(Delhi) 28-01-2026
S.O. 261(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961...
Notification No. 10/2026
(Delhi) 28-01-2026
S.O. 262(E).— In exercise of the powers conferred by sub-clause (b) of clause (46A) of section 10 of the Income-tax Act, 1961 (43 of 1961) ...
Notification No. 11/2026
(Delhi) 28-01-2026
S.O. 332(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961)...
Notification No. 12/2026
(Delhi) 28-01-2026
S.O. 333(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961)...
Notification No. 13/2026
(Delhi) 28-01-2026
S.O. 334(E).— In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961)...
CUSTOMS
Notification No. 08/2026 - CUSTOMS
(Delhi) 28-01-2026
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962...
Notification No. 09/2026 - CUSTOMS
(Delhi) 28-01-2026
S.O. … (E).– In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962...
 
 Indian Corporate
 
JSW Energy to set up its first nuclear power plant by 2030
Sajjan Jindal-led JSW Energy is planning to set up its first nuclear power plant by 2030. The company is assessing large reactor technologies including 700-megawatt pressurised heavy water reactors (PHWRs) as well as larger 1,000-megawatt options, a senior JSW Energy executive said at the India E...

ACC Q3 FY26 profit slumps 63% to Rs 404 crore despite record revenue, volumes
Cement maker ACC reported a consolidated net profit decline of 63 per cent YoY to Rs 404 crore in the December quarter of FY26. The company recorded a profit of Rs 1,091.79 crore in the Q3 FY25 The Adani Group company’s revenue from operations rose 21.7 per cent to Rs 6,391.17 crore in the Decemb...

BEL Q3FY26: Profit jumps 20%, order book at Rs 73,015 crore; Shares jump 9%
Navratna Defence PSU Bharat Electronics (BEL), has reported a consolidated net profit of Rs 1,579.70 crore in Q3FY26, increasing 20.44% from Rs 1,311.60 crore reported in Q3FY25. The company’s revenue from operations stood at Rs 7,153.85 crore in Q3FY26, up 23.97% from Rs 5,770.69 crore reported ...

L&T net declines 4% on impact of labour code
Missing analyst estimates by a wide margin , construction and engineering major Larsen & Toubro (L&T) posted a 4.3% decline in net profit in the third quarter of FY26 at Rs 3,215 crore compared with Rs 3,359 crore in the year-ago period. Analysts estimated a profit of Rs 4,494 crore. The profit c...

Highest-ever quarterly sales drive TVS Motor net up 52%
TVS Motor Company‘s standalone net profit rose 52% year-on-year to Rs 940 crore in the third quarter of FY26, aided by its highest-ever quarterly sales volumes across vehicle categories in both domestic and export markets. Revenue from operations jumped 37% year-on-year to a record Rs 12,476 cror...

Vi unveils three-year growth plan, lines up Rs 45,000 crore
Vodafone Idea on Wednesday outlined a three-year turnaround road map anchored around a Rs 45,000-crore investment plan, as it seeks to shift from balance sheet stabilisation to growth. The company said the capital infusion is aimed at delivering double-digit revenue growth, tripling Ebitda and retur...

 
 Global Corporate
 
India-made cars now popular across global markets: Economic Survey
Rising automobile exports are reflective of the increasing acceptance of India-manufactured vehicles across global markets, according to Economic Survey 2025-26. The automobile industry witnessed tremendous growth in exports, with more than 53 lakh vehicles shipped across passenger, commercial, t...

Tesla Plans $20 Billion Capital Spending Spree in Push Beyond Human-Driven Cars
Tesla plans ?to ?more than double capital spending to a ?record high of more than $20 billion this year - but little of it will go to its ?traditional business of selling electric vehicles to human drivers. The company, which last year lost its global EV sales crown to China's BYD, is instead ?sh...

Nvidia, Microsoft, Amazon in Talks to Invest up to $60 Billion in OpenAI, the Information Reports
Nvidia, Amazon, and ?Microsoft ?are in talks to ?invest up to $60 billion in OpenAI, The ?Information reported on Wednesday. Nvidia, an existing investor whose chips power ?OpenAI's AI models, is ?in talks to invest up to $30 billion, The ?Information said, ?citing a person with knowledge of the ...

Deutsche Bank, Facing Police Probe, Posts Biggest Annual Profit in Nearly Two Decades
Deutsche Bank on ?Thursday ?reported its largest annual profit since ?2007 after a stronger-than-expected fourth quarter, a day after German federal police searched the ?bank in connection with an investigation into alleged money-laundering. The results, which mark Deutsche's sixth consecutive ye...

H&M Flags Slow Winter Sales After Q4 Profit Rises More Than Expected
Swedish fashion retailer ?H&M ?reported on Thursday a forecast-beating ?jump in September-November profit helped by lower costs, ?but flagged a drop in December-January local-currency sales. Operating profit in H&M's fiscal fourth ?quarter, which includes the crucial ?Black Friday weekend, was...

China Luxury Market Forecast to Rebound in 2026, Bain Says
China's personal luxury goods market is expected to return ?to ?modest growth in 2026, consultancy Bain & Company ?said on Thursday, but warned the recovery would be fragile and uneven across brands and categories. The mainland ?luxury market shrank 3% to 5% in 2025, recovering from a drop of 17%...

Toyota retains top auto crown in 2025 with record sales
Toyota Motor sold a record 11.3 ?million vehicles globally in 2025, the company said on Thursday, ?retaining its crown as the world's top-selling automaker for a sixth consecutive year. Global group sales rose 4.6% from a ?year ?earlier, including the parent company's Toyota and Lexus brand vehic...

EU to exempt US, Qatari gas from extra checks under its Russian gas ban, draft shows
The European Union will exempt gas ?from key suppliers including ?the U.S. and Qatar from extra checks under its ?upcoming Russian gas ban, a draft European Commission document seen by Reuters showed. EU countries gave their final sign-off this week to the bloc's legally-binding plan ?to phase ou...

Meta plans to spend $135 billion on AI in 2026: Will Alexandr Wang’s division challenge Google, OpenAI?
Meta has said it could spend between $60 billion and $135 billion in 2026 to build more powerful AI systems. This massive amount of money will go toward buying computer chips (GPUs), building huge data centers, and creating stronger AI tools. During their latest earnings call, CEO Mark Zuckerberg an...

 

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