India Secures $30T US Market
Your daily dose of business news
🗞️ Moody’s Projects 6.4% Real GDP Growth for FY27
Moody’s forecasts India’s real GDP growth at 6.4% in FY27, supported by a strong economic recovery and structural reforms.
The projection underscores India’s continued resilience amidst global uncertainty.
💬 Expert Take — “Moody’s GDP growth estimate signals continued momentum in India’s consumption-driven recovery, with strong government and private sector participation.”
🗞️ India Unlocks $30 Trillion US Market for Exports
India has achieved a landmark trade victory by securing access to the $30 trillion US market for exports in key sectors.
This breakthrough paves the way for diversified export growth, particularly in technology, agriculture, and manufacturing.
🗞️ Indian Delegation Visits Vietnam for New Opportunities
An Indian delegation has visited Vietnam to explore new opportunities in silk, sericulture, handloom, and technical textiles.
The visit aims to strengthen trade and investment ties with one of Southeast Asia’s fastest-growing economies.
🗞️ India Added to JLR Global Industrial Map
Tata Sons Chairman, Chandrasekaran, inaugurated a new JLR manufacturing facility in Tamil Nadu, marking India’s official entry into the global industrial map.
This facility boosts India’s automotive manufacturing capacity and strengthens Tata’s global footprint.
🗞️ RBI Governor on Interest Rates and Monetary Policy
RBI Governor Sanjay Malhotra stressed that the central bank’s stance on interest rates will remain data-dependent, aiming to balance inflation control and growth.
The remarks signal continued vigilance on inflation even as growth momentum persists.
💬 Expert Take — “RBI’s cautious approach to interest rates reflects broader global monetary policy trends, balancing inflationary pressures with growth goals.”
🗞️ ₹72,454 Cr Unclaimed Bank Deposits With DEA Fund
Unclaimed deposits worth ₹72,454 crore are lying with the DEA fund, awaiting settlement to rightful owners.
The government is pushing to streamline the process and ensure faster claims and resolution.
🗞️ Biopol Chemicals IPO Subscribed 21X on Final Day
The Biopol Chemicals IPO saw strong demand, with a 21x subscription on the final day, highlighting investor confidence in the company’s growth prospects.
The IPO reflects investor appetite for niche industries, particularly in sustainability and chemicals.
🗞️ NHC Foods Q3 Net Profit Jumps 27%
NHC Foods reported a 27% YoY jump in Q3 net profit, with a 76% surge in revenue, driven by strong demand in processed foods and expansion into new markets.
The company’s robust performance highlights the growing demand for packaged food.
📊 Market Update
📈 Sensex: 84,065.75 ▲ 485.35 pts (+0.58%)
📈 Nifty 50: 25,867.30 ▲ 173.60 pts (+0.68%)
🪙 Gold (per gram): 24K ₹15,791 ▲ ₹131 | 22K ₹14,475 ▲ ₹120
🥈 Silver (per kg): ₹2,75,000 ▲ ₹15,000

