Economy / Policy
• Net tax collections declined while capex surged, pushing the fiscal deficit to 62% of Budget Estimates, indicating front-loaded public spending. 💹🏦
• The RBI’s Financial Stability Report flagged near-term risks to India’s economy and financial system from external uncertainties and global volatility. 🌍📉
• India’s household debt rose to 41.3% of GDP, above the five-year average, reflecting higher leverage amid rising consumption and credit penetration. 🏠💰
• India is set for a ₹2.5 lakh crore IPO pipeline in 2026, with Reliance Jio, NSE and Flipkart among 190+ approved issuers; Jio’s potential valuation is ₹11–12 lakh crore, while SBI Mutual Fund targets a $1.2 billion raise. 🌍💰
• Credit score updates shift to a weekly cycle from December 31, enabling faster credit assessment but potentially tightening terms for over-leveraged borrowers. 📊🏦
Companies
• Maruti Suzuki hit a fresh lifetime high near ₹16,700 as auto sector momentum strengthened on GST tax cuts; November sales rose 26.16% YoY to a record 2.29 lakh units. 🚗📈
Global / World
• EMS sector is projected to reach ₹27.7 lakh crore by FY2028, with domestic production tripling from FY2023 and exports growing at a 43.9% CAGR to ₹10.8 lakh crore. 🌍📦
• EMS firms raised ₹6,800 crore via QIPs as backward integration accelerates; advanced packaging, multi-layer PCBs and ODM capabilities are lifting margins, aided by China+1 diversification. 🏭💹