$860B Exports Signal Strong Trade Momentum
Your daily bite of business & market news 🗞️
🗞️ Andhra Clears ₹2,500 Cr Cathode Plant
The Andhra Pradesh government has approved a ₹2,500 crore cathode plant in Chittoor.
The project strengthens India’s electronics and battery supply chain ecosystem.
💬 Expert Take — “Localising battery components is critical for India’s EV ambitions and reducing import dependence.”
🗞️ India Exports Hit Record $860 Billion
India’s exports reached a record $860 billion in FY26.
The growth reflects resilience in global trade and expanding market access.
🗞️ Infra Dashboard Launched for Real-Time Monitoring
The government has launched an integrated infrastructure dashboard.
The platform aims to improve transparency and performance tracking across projects.
🗞️ Gujarat Contributes 8.3% to India’s GDP
Gujarat accounts for 8.3% of India’s GDP, highlighting its industrial strength.
The state continues to be a key driver of manufacturing and exports.
🗞️ Haier Bets ₹7,400 Cr on India Expansion
Haier is investing ₹7,400 crore in a new plant, targeting ₹22,000 crore in revenue by 2028.
The move signals growing global confidence in India’s consumer market.
🗞️ Current Account Deficit May Rise to 2% of GDP
India’s current account deficit could rise to 2% of GDP if oil prices remain elevated.
The outlook underscores ongoing vulnerability to global energy prices.
💬 Expert Take — “India’s external balance remains sensitive to oil, making energy prices a key macro variable to watch.”
🗞️ India Emerges as $4.4T Capital Market Hub
India is being seen as a stable global capital hub with a $4.4 trillion market cap.
The positioning strengthens India’s appeal to global investors.
🗞️ Maritime Lender Targets $1B Fundraise
India’s first maritime-focused lender is planning a $1 billion fundraise in FY27.
The move aims to boost financing for shipping and port infrastructure.
📊 Market Update
📈 Sensex: 78,493.54 ▲ 504.86 pts (+0.65%)
📈 Nifty 50: 24,353.55 ▲ 156.80 pts (+0.65%)
🪙 Gold (per gram): 24K ₹15,420 ▼ ₹137 | 22K ₹14,135 ▼ ₹125
🥈 Silver (per kg): ₹2,65,000 ▼ ₹5,000