🏦 Economy / Policy
• India retail inflation likely edged up to ~1.66% in December due to a mild uptick in food prices, but remains well below RBI’s comfort band, supporting an accommodative policy outlook 💹
• Centre approved 22 proposals worth ₹41,863 crore under Phase III of the Electronics Components Manufacturing Scheme, strengthening domestic supply chains and capex momentum 📈
• AYUSH systems received formal recognition in India’s free trade agreements with Oman and New Zealand, opening export and global market opportunities for traditional medicine products 💰
• India’s power demand recovery is expected to drive sector growth in 2026, supported by industrial activity, electrification trends, and rising energy consumption, says Jefferies ⚡💹
🏢 Companies
• Inox Clean Energy acquired 300 MW of SunSource green power assets in a ₹1,000 crore deal, expanding its renewable portfolio and enhancing long-term cash flow visibility 🌱📈
• Venezuela-related geopolitical tensions pose risks to ONGC Videsh’s overseas oil investments, with potential earnings sensitivity linked to crude price volatility 🛢️⚠️
🌍 Global / World
• Asian markets opened higher while oil prices remained choppy as investors largely looked past recent U.S. military action in Venezuela 🌍📈
• Experts believe Venezuela tensions are unlikely to materially impact India’s trade, though indirect risks persist via global crude oil price movements 💹
• Growth in global billionaires’ wealth has lagged overall GDP expansion, indicating a moderation in wealth concentration relative to broader economic growth 💰📉