India Secures $2.6B Uranium Deal
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🗞️ India’s Manufacturing Growth Hits 4-Month High
India’s manufacturing growth rose to a four-month high in February, supported by stronger output and new orders.
The uptick reflects improving demand conditions and continued resilience in the industrial sector.
💬 Expert Take — “A rebound in manufacturing momentum strengthens the case for a sustained capex cycle despite global uncertainties.”
🗞️ India, Canada Eye Deeper Economic Partnership
At the CEOs Forum, PM Narendra Modi said India and Canada are poised to deepen their economic partnership.
The discussions focused on expanding trade, energy collaboration, and technology investments.
🗞️ India’s Exports Rise to $720.76B in Apr–Jan
India’s cumulative exports reached $720.76 billion during April–January FY26, up 6.15% year-on-year.
The steady growth underscores India’s expanding global trade footprint.
🗞️ India to Host Bharat Steel 2026 Summit
India will host the Bharat Steel 2026 Summit in New Delhi, bringing together global industry leaders and policymakers.
The summit aims to position India as a major global steel manufacturing hub.
🗞️ India–Canada Sign $2.6B Uranium Deal
India and Canada have signed a $2.6 billion uranium deal and are targeting $50 billion in bilateral trade by 2030.
The agreement strengthens India’s energy security and long-term nuclear power strategy.
🗞️ India’s 100M Barrel Crude Stocks Offer Cushion
India’s 100 million barrel crude reserves could cover 40–45 days of demand if Hormuz flows are disrupted.
The buffer provides strategic protection amid rising Middle East tensions.
💬 Expert Take — “Strategic reserves reduce near-term supply shock risks, but prolonged geopolitical disruptions could still pressure energy prices.”
🗞️ Japan in Talks With India for Rare Earth Exploration
Japan is in discussions with India to collaborate on rare earth exploration, aiming to diversify supply chains away from concentrated sources.
The partnership could strengthen India’s position in critical minerals.
🗞️ ₹11 Lakh Crore Market Cap Wiped in Two Days
Nearly ₹11 lakh crore in market capitalisation was erased in two days as geopolitical tensions rattled equities.
Investors turned cautious amid missile strikes and global risk-off sentiment.
📊 Market Update
📉 Sensex: 80,238.85 ▼ 1,048.34 pts (–1.29%)
📉 Nifty 50: 24,865.70 ▼ 312.95 pts (–1.24%)
🪙 Gold (per gram): 24K ₹17,002 ▼ ₹49 | 22K ₹15,585 ▼ ₹45
🥈 Silver (per kg): ₹2,95,000 ▼ ₹20,000