Nvidia Bets $5B on Intel
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🗞️ India’s exports to Australia grow 8% under ECTA
India–Australia trade has expanded 8% over three years since the implementation of the Ind-AUS ECTA, reflecting deeper bilateral trade integration.
🗞️ India’s data centre capacity seen at 14 GW by 2035
India’s data centre industry is projected to reach 14 GW capacity by 2035, driven by cloud adoption, AI workloads, and digital public infrastructure.
🗞️ IndiGo faces ₹458 crore GST penalty order
IndiGo has received a ₹458 crore GST penalty order, adding to regulatory and compliance headwinds for the airline.
🗞️ Australia to remove tariffs on all Indian exports from Jan 1
Australia will eliminate tariffs on 100% of Indian exports starting January 1, significantly boosting market access for Indian goods.
💬 Expert Take — “Full tariff elimination under ECTA materially improves India’s export competitiveness in the Australian market.”
🗞️ Nvidia takes $5B stake in Intel
Nvidia has acquired a $5 billion stake in Intel under a previously announced strategic agreement, signalling deeper collaboration in advanced chips and AI infrastructure.
🗞️ Export promotion mission guidelines due this week
The Centre is expected to issue guidelines for the Export Promotion Mission this week to accelerate outbound trade and MSME participation.
🗞️ Arvind Fashions to acquire 31.25% stake from Flipkart
Arvind Fashions will acquire 31.25% stake from Flipkart in Arvind Youth Brands for ₹135 crore, consolidating ownership.
🗞️ FMCG distributors seek pause on loss-making quick-commerce IPOs
An FMCG distributors body has urged SEBI to pause IPOs of loss-making quick-commerce firms, citing concerns over sustainability and channel disruption.
💬 Expert Take — “Pushback from distributors reflects growing scrutiny of cash-burn-heavy consumer internet models.”
📊 Market Update
📉 Sensex: 84,675.08 ▼ 20.46 (–0.02%)
📉 Nifty 50: 25,938.85 ▼ 3.25 (–0.01%)
🪙 Gold (per gram): 24K ₹13,620 ▼ ₹305 | 22K ₹12,485 ▼ ₹280
🥈 Silver (per kg): ₹2,40,000 ▼ ₹18,000