KKR Bets $310M on India EVs
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🗞️ India’s Oilmeal Exports to China Jump 20-Fold
India’s oilmeal exports to China surged 20-fold to 7.79 lakh tons in the first 11 months of FY26.
The sharp rise reflects strong demand from China and India’s growing role in global agri exports.
💬 Expert Take — “This surge highlights India’s ability to capture shifting global demand, especially as supply chains realign in agriculture.”
🗞️ India Needs $2.2T Power Investment Over 20 Years
India will require $2.2 trillion investment in its power sector over the next two decades to meet rising demand.
The investment will focus on generation, transmission, and renewable capacity expansion.
🗞️ India’s Bioeconomy Grows to $195B
India’s bioeconomy has expanded from $10 billion to $195 billion in a decade, growing at 17–18% annually.
The sector is emerging as a major contributor to innovation, healthcare, and sustainability.
🗞️ KKR to Invest $310M in PMI Electro, Allfleet
Global investment firm KKR will invest up to $310 million in PMI Electro Mobility and Allfleet.
The investment supports India’s EV ecosystem and sustainable transportation growth.
🗞️ Govt Unveils ₹20,000 Cr Credit Guarantee for MFIs
The government has launched a ₹20,000 crore credit guarantee scheme for microfinance institutions (MFIs).
The scheme aims to boost financial inclusion and improve credit access for underserved segments.
💬 Expert Take — “Strengthening MFIs can unlock grassroots economic growth by expanding access to formal credit in rural and semi-urban India.”
🗞️ Oil Prices Stay Elevated Amid Strait Risks
Oil prices are expected to remain in the $94–$100 range due to risks around the Strait of Hormuz.
Supply disruptions could keep inflationary pressures elevated globally.
🗞️ Pharma Stocks Rally on Patent Expiry
Pharma stocks rose up to 4% after the expiry of a key patent for Ozempic’s ingredient.
The development opens opportunities for generic drug manufacturers in India.
📊 Market Update
📈 Sensex: 74,532.96 ▲ 325.72 pts (+0.44%)
📈 Nifty 50: 23,114.50 ▲ 112.35 pts (+0.49%)
🪙 Gold (per gram): 24K ₹15,093 ▲ ₹65 | 22K ₹13,835 ▲ ₹60
🥈 Silver (per kg): ₹2,55,000 ▼ ₹5,000