Govt Injects ₹5,000 Cr into SIDBI to Boost MSME Credit
Your daily dose of business news
🗞️ Manufacturing Momentum Hits Record High in Q3 FY26
India’s manufacturing activity surged to an all time high in Q3 FY26, with the FICCI Manufacturing Index reflecting strong demand, capacity utilisation, and improved business confidence across sectors.
🗞️ India Secures Major Investment Wins at Davos 2026
At the World Economic Forum in Davos, Indian states drew significant global attention with large scale investment commitments across infrastructure, food processing, and manufacturing.
🗞️ UAE to Establish Mega Food Processing Cluster in Andhra Pradesh
India and the UAE agreed to set up a dedicated food processing cluster in Andhra Pradesh, aimed at boosting agri exports, cold chain infrastructure, and rural employment.
🗞️ Maharashtra Signs $163 Billion in MoUs at Davos
Maharashtra signed 19 MoUs worth $163 billion at Davos, reinforcing its position as a leading destination for global capital in manufacturing, energy, and infrastructure.
🗞️ Adani Group Unveils ₹6 Lakh Crore Investment Blueprint
The Adani Group outlined a ₹6 lakh crore long term investment roadmap for India, spanning renewable energy, logistics, infrastructure, and digital assets.
💬 Expert Take — “Such long horizon capital commitments strengthen India’s private capex cycle and signal confidence in structural growth.”
🗞️ Power Distribution Utilities Post ₹2,701 Crore Profit in FY25
After years of losses, power distribution companies recorded a consolidated profit of ₹2,701 crore in FY25, supported by tariff reforms, lower losses, and improved collections.
🗞️ Government Infuses ₹5,000 Crore into SIDBI to Boost MSME Credit
The government injected ₹5,000 crore into SIDBI to expand credit availability for MSMEs, aiming to improve access to formal financing and support small business growth.
🗞️ Leadership Change at Zomato Parent Company
Deepinder Goyal stepped down as CEO of Eternal, the parent entity, marking a leadership transition as the group recalibrates its long term strategy.
🗞️ Hindustan Zinc in Focus Ahead of Board Meeting
Hindustan Zinc shares are in focus ahead of a scheduled board meeting on January 23, with markets tracking potential corporate actions.
🗞️ Shadowfax IPO Sees Strong Day 1 Interest
Shadowfax’s IPO witnessed healthy interest on Day 1, reflecting investor optimism around last mile logistics and e commerce driven delivery models.
💬 Expert Take — “Strong early demand suggests continued confidence in platform led logistics businesses with scalable unit economics.”
📊 Market Update
📉 Sensex: 81,909.63 ▼ 270.84 pts (–0.33%)
📉 Nifty 50: 25,157.50 ▼ 75.00 pts (–0.30%)
🪙 Gold (per gram):
24K ₹15,660 ▲ ₹682 | 22K ₹14,355 ▲ ₹625
🥈 Silver (per kg): ₹3,30,000 ▲ ₹10,000

