📊 Economy / Policy 🏦
• 💹 Rupee slips past 90 per USD, adding pressure on RBI’s policy outlook
Weakness driven by capital outflows and US trade uncertainties
• 🏦 RBI’s three-day MPC meeting enters day two
Most economists expect repo rate to remain at 5.5%, though a 25 bps cut risk remains
🏢 Companies 💼
• ✈️ IndiGo cancels 300 flights in two days due to pilot shortages
New duty norms and an expanded winter schedule disrupt operations and customer sentiment
• 💊 Eris Lifesciences guides for a sharp EPS turnaround from FY26
Capex of ₹380–400 crore planned over the next three quarters, fully funded via internal accruals
🌍 Global / World 🌐
• 🌍 Trade, energy and defence dominate agenda as Putin visits India
Talks expected to focus on exports, oil sourcing and strategic partnerships
• 🌐 Rupee weakness impacts sectors differently
Export-oriented companies may benefit, while import-heavy industries face margin pressure