India Exports Hit Record $863B
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🗞️ India Exports Hit Record $863 Billion
India’s exports rose 4.6% to a record $863 billion in FY26 despite global headwinds.
The growth highlights resilience in trade and sustained global demand.
💬 Expert Take — “Strong exports during global volatility reinforce confidence in India’s external growth story.”
🗞️ Markets Seen Opening Higher as Oil Falls
Markets are likely to see a gap-up opening as Brent crude slipped below $100.
Lower oil prices boosted risk appetite globally.
🗞️ Russia’s Share in India Oil Imports Surges
Russia’s share in India’s oil imports rose sharply in March.
Discounted crude, however, moved into premium territory.
🗞️ India Eases FDI Rules for Foreign Firms
The Finance Ministry has eased FDI rules for firms with up to 10% Chinese ownership.
The move could improve investment flows and deal flexibility.
🗞️ Sun Pharma Explores Funding for $12B Acquisition
Sun Pharma is evaluating funding options for its $12 billion Organon acquisition.
The transaction remains among India’s largest outbound pharma deals.
🗞️ Flexible Workspace Market May Grow 18%
India’s flexible workspace market is projected to grow up to 18%.
Demand from GCCs and startups continues to drive expansion.
🗞️ Coffee Exports Jump 27%
India’s coffee exports surged 27% during Jan–Apr.
Strong demand for robusta and instant coffee supported growth.
🗞️ Gold Prices Climb as Dollar Weakens
Gold prices moved higher as the US dollar weakened amid easing geopolitical concerns.
The move strengthened demand for safe-haven assets.
📊 Market Update (Today)
📈 Sensex: 77,958.52 ▲ 940.73 pts (+1.22%)
📈 Nifty 50: 24,330.95 ▲ 298.15 pts (+1.24%)
🪙 Gold (per gram): 24K ₹15,131 ▲ ₹213 | 22K ₹13,870 ▲ ₹195
🥈 Silver (per kg): ₹2,65,000 ▲ ₹10,000