India–UK FTA Boosts Exports!
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🗞️ India‑UK FTA Signed: Trade Set to Double
India and the UK today signed a historic Free Trade Agreement, expected to nearly double bilateral trade to $120 billion by 2030. Sectors like agri, textiles, pharma, and engineering goods stand to gain significantly.
💬 Expert Take:
"This landmark FTA will unlock new global opportunities for Indian SMEs and agri exporters,"
— Ankit Shah, Trade Economist
🗞️ Executive Centre Files ₹2,600 Cr IPO Papers
The Executive Centre, a pan-India premium coworking leader, filed draft IPO papers for ₹2,600 crore. The move signals investor confidence in flexible workspace demand.
💬 Expert Take:
"The co-working boom is back — a sizable IPO from this segment reflects resilient demand post-pandemic."
— Mira Shah, REIT Consultant
🗞️ IndiQube IPO Subscribed 2.5x on Day 2
IndiQube Spaces saw its ₹600 crore IPO oversubscribed 2.54× by the second day, showing strong retail and institutional interest in real estate IPOs.
🗞️ Tilaknagar Secures Imperial Blue for ₹4,150 Cr
Tilaknagar Industries bought Pernod Ricard’s Imperial Blue whiskey brand for ₹4,150 crore—boosting its presence in India’s ₹90k–₹120k/litre spirits segment.
🗞️ Petronet Seeks ₹11,700 Cr Loan for Expansion
Petronet LNG plans to raise ₹11,700 crore (≈ $1.4 billion) in domestic debt to refinance liabilities and expand its liquefied natural gas infrastructure.
🗞️ Adani to Divest Copper Business, Invest in Mettube
Adani Group will divest 50% of its copper-tube unit and take a stake in Mettube India, simplifying operations across downstream metal segments.
🗞️ NSO PMI at 60.7 — Private Sector Growth Strong
India’s HSBC Flash Composite PMI stood at 60.7 in July, signaling solid expansion driven by manufacturing export demand, though business confidence slipped.
💬 Expert Take:
"Despite inflation concerns, India’s private sector remains firmly in growth territory — exports and manufacturing lead the charge."
— Vandana Malhotra, Macro Strategist
🗞️ Bajaj Finance Net Profit Jumps 20% YoY
Bajaj Finance exceeded expectations in Q1 by delivering a 20% YoY net profit rise to ₹4,700 crore, driven by robust SME and consumer lending. Assets under management grew 25%.
📊 Market Updates – July 24, 2025
📉 Sensex: 82,184.17 ▼ −0.66% (−542.47 pts)
📉 Nifty 50: 25,062.10 ▼ −0.63% (−157.80 pts)
💵 USD/INR: ₹86.37 — slightly weaker amid trade uncertainty
🪙 Gold (24K): ₹99,125–1,00,050/10g ▼ — eased from earlier highs
🪙 Silver: ₹1.14 lakh/kg ▶ steady
🛢️ Brent Crude: ~$68.7/bbl ▶ steady