🏦 Economy / Policy
• India will retain select farm protections in the US trade deal while committing to higher purchases of arms and energy, balancing domestic sensitivities with strategic interests 🌾💹
• Trump’s tariff cut has sparked relief in Indian markets, though limited clarity on the full contours of the trade deal keeps uncertainty elevated ⚠️📈
• Budget 2026 sent mixed signals on the PLI push, with uneven support across key manufacturing sectors 🏭
• Container manufacturing scheme is expected to attract investments of nearly ₹1 trillion, said Shipping Minister Sonowal 🚢📈
• India will continue buying crude oil from non-sanctioned entities, including Russia, signalling a pragmatic energy security stance 🛢️
🏢 Companies / Sectors
• Falling Russian crude imports have slowed private port sector growth to around 2% in FY26, reflecting lower energy-linked cargo volumes ⚓📉
• Replacing Russian oil entirely is likely to be challenging for Indian refiners due to pricing, logistics, and long-term contracts 🛢️⚠️
• US trade deal and multiple FTAs are expected to stitch a new growth story for India’s textile sector, improving export competitiveness 👕📈
• Exide Industries, buoyed by US and EU trade deals, expects to generate additional exports of around ₹500 crore 🔋📈
• US trade deal is restoring pricing advantage for Indian leather exporters, supporting margin and volume recovery 👞📈
🌍 Global / World
• Asian equities wobbled amid trade uncertainty, while oil prices climbed and gold made a comeback as investors turned cautious 🌍📊