📊 Economy / Policy 🏦
• 💹 RBI MPC decision to be announced at 10:00 AM; markets expect status quo
Focus on liquidity stance and inflation outlook
• 📈 Fitch upgrades India’s FY26 growth forecast to 7.4%
Driven by resilient consumption and benefits from GST 2.0 reforms
• 🌐 US–India trade talks scheduled next week
Both sides targeting a framework deal to reduce nearly 50% bilateral tariffs
• 🏦 Govt evaluating merger of Union Bank and Bank of India
Aim is to create India’s second-largest PSU bank; smaller PSBs may face privatisation
🏢 Companies 💼
• 🚗 Maruti Suzuki posts record monthly sales of 229,021 units in November
Exports also hit an all-time high of 46,057 units
• ✈️ IndiGo cancels 170–200 flights daily due to FDTL crew norms
Airline seeks relief until Feb 10; DGCA reviewing staffing issues
• 💰 December IPO pipeline surges with ₹30,000 crore expected to be raised
Key issues include Meesho (₹5,421 cr), Clean Max (₹5,200 cr), and ICICI Pru AMC
• ☁️ Amazon announces a $12.7B investment plan for India through 2030
Focus areas include cloud, AI infrastructure, SMB digitisation and student training programs
🌍 Global / World 🌐
• 🔱 India–Russia defence ties expand with discussions on S-400 units and submarine delivery
BrahMos upgrades also part of the strategic talks
• 🌍 India–Russia set a $100B bilateral trade target
Cooperation to deepen in AI, cybersecurity and supply chain resilience