🏦 Economy / Policy
• Budget 2026 keeps infrastructure at the core, raising capital expenditure to ₹12.2 trillion, with the road sector outlay increased to ₹3.10 lakh crore 💹
• Food subsidy is seen rising 12% in FY26 due to higher procurement costs, as per Budget estimates 🏦
• FM Nirmala Sitharaman pegged the FY27 fiscal deficit at 4.3% of GDP, balancing growth support with fiscal consolidation 📊
• Government plans a record borrowing of ₹17.2 lakh crore in FY27, reflecting continued capex push 📈
• Gross GST collections rose 6.2% YoY to over ₹1.93 trillion in January, indicating steady consumption trends 💰
• Budget 2026 proposes seven high-speed rail corridors connecting key growth cities, boosting long-term mobility and logistics 🚄📈
🏢 Companies / Sectors
• Aviation industry leaders highlighted rising industrial costs and geopolitical risks, flagging near-term pressure despite demand recovery ✈️⚠️
• India–EU FTA is expected to significantly boost footwear and leather exports, improving market access and competitiveness 👞📈
🌍 Global / World
• US President Trump claimed India will buy Venezuelan oil, while the US is actively pitching Venezuelan crude as India’s Russian oil imports decline 🛢️⚠️
• India and the US are working to quickly close a trade deal, said Commerce Minister Piyush Goyal, signalling urgency in negotiations 🌍🤝