Govt Unveils $206Bn PPP Infra Pipeline
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🗞️ Govt plans $206 billion PPP pipeline
Nirmala Sitharaman said the Centre is lining up a $206 billion PPP pipeline across 852 projects over the next three years, aimed at accelerating infrastructure creation and private capital participation.
💬 Expert Take — “A strong PPP pipeline improves long-term bond supply visibility and credit depth in infrastructure.”
🗞️ Textiles ministry launches district-led export plan
The Ministry of Textiles unveiled the District Led Textiles Transformation (DLTT) plan to build global export champions through localized manufacturing clusters.
🗞️ Bank market capitalisation rises in Q3
Indian banks saw a rise in market capitalisation in Q3, supported by festive credit demand, tax cuts, and improving asset quality, according to S&P Global.
🗞️ Adani ties up with Embraer for regional jets
Adani Group has partnered with Brazil’s Embraer to manufacture regional jets in India for the first time, boosting aerospace manufacturing capabilities.
🗞️ Reliance Jio weighs IPO in 2026
Reliance Jio is exploring a possible IPO in 2026, with sources indicating a potential stake sale of up to 25%, making it one of India’s largest listings if executed.
💬 Expert Take — “A Jio IPO would be a watershed event for India’s capital markets and index flows.”
🗞️ OpenAI launches ChatGPT Health
OpenAI has rolled out ChatGPT Health, enabling integration of medical records and wellness apps, marking a major step in AI-led healthcare platforms.
🗞️ IPO GMPs jump on strong demand
Bharat Coking Coal IPO saw its GMP rise to 48, reflecting strong demand, while Amagi Media Labs IPO GMP stood at 9.
🗞️ HUL receives ₹1,559 crore tax demand
Hindustan Unilever received an income tax demand of ₹1,559 crore for FY22, though the company stated there will be no material impact on operations.
📊 Market Update
📉 Sensex: 83,576.24 ▼ 604.72 (–0.72%)
📉 Nifty 50: 25,683.30 ▼ 193.55 (–0.75%)
🪙 Gold (per gram): ₹13,931 ▲ ₹131
🥈 Silver (per kg): ₹2,49,000 ▼ ₹3,000