India’s Textile Exports Rise 36%
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🗞️ PhonePe Launches RuPay On-the-Go Card
PhonePe has launched the RuPay On-the-Go card to simplify payments for commuters across India.
The new card aims to enhance cashless travel and improve convenience for millions of daily commuters.
💬 Expert Take — “This initiative is a step toward digitizing transportation payments, further integrating India’s vast transit systems with the digital economy.”
🗞️ APEDA Showcases India’s Agri Exports at Aahar 2026
APEDA showcased India’s agriculture and processed food export potential at Aahar 2026.
The event highlighted key products for global markets and underlined India’s growing role in the international food export industry.
🗞️ Textiles Minister Launches Bharat Tex
Giriraj Singh, India’s Minister of Textiles, launched Bharat Tex to promote India’s textiles industry and increase its share in the global market.
The initiative aims to bolster the production of high-quality textiles and improve export competitiveness.
🗞️ APAC Real Estate Investments Set to Strengthen
APAC real estate investments are projected to grow in 2026, with India among the fastest-growing markets for institutional capital.
India’s expanding urbanization and improved policy frameworks are expected to attract significant foreign investment in real estate.
🗞️ Retail Inflation Rises to 3.21% in February
Retail inflation in India rose to 3.21% in February, driven by higher food and metal prices.
The rise in inflation puts pressure on household budgets but reflects strong demand in key sectors.
🗞️ Only 54% Forms Ready for New Tax Act
As the new Income Tax Act rolls out from April 1, only 54% of required forms have been finalized.
This could lead to compliance challenges and delays in tax filings as the new system takes effect.
🗞️ Raajmarg Infra INVIT IPO Fully Subscribed on Day 2
The Raajmarg Infra INVIT IPO was fully subscribed on Day 2, with strong demand from institutional and retail investors.
The IPO, backed by NHAI, offers a unique investment opportunity in India’s highway infrastructure sector.
🗞️ SmallCap World Fund Buys 2% Stake in Shaily Engineering
SmallCap World Fund has acquired an additional 2% stake in Shaily Engineering for ₹177 crore, signaling confidence in the company’s growth potential in the engineering plastics sector.
The move is seen as a positive signal for Shaily’s long-term outlook.
📊 Market Update
📉 Sensex: 76,034.42 ▼ 1,342.27 pts (–1.08%)
📉 Nifty 50: 23,639.15 ▼ 227.70 pts (–0.95%)
🪙 Gold (per gram): 24K ₹16,222 ▼ ₹109 | 22K ₹14,870 ▼ ₹100
🥈 Silver (per kg): ₹2,80,000 ▼ ₹10,000