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Subscribe to enjoy similar stories. From India’s economic activity estimated to remain strong in 2025-26, to India's oil companies expected to benefit from the US invasion of Venezuela, services activity losing momentum in December, Niti Aayog expressing worry over India’s high trade deficit with several countries despite trade deals, and rising prices of copper—here’s this week’s news in numbers.Growth dynamicsThe government pegged GDP growth at 7.4% in 2025-26 despite the ongoing uncertainty related to high US tariffs. The first advance estimate released on Wednesday put GDP growth marginally higher than the Reserve Bank of India’s (RBI’s) projection of 7.3%.

Subscribe to enjoy similar stories. NEW DELHI : With US trade ties under strain, Canada’s west-coast province of British Columbia is stepping up its push into India, with Premier David Eby set to lead a trade mission to the country from 12 to 17 January, the Canadian High Commission said on Friday.

Subscribe to enjoy similar stories. New Delhi: A deluge of solar power and rules binding electricity distributors to purchase it are prompting distress sales on India's electricity exchanges, trade data showed. Discoms sitting on excess power often sell it on exchanges at a loss, as the alternative would be to receive nothing, given the weak demand during solar hours.

Subscribe to enjoy similar stories. MUMBAI: Domestic equities were shaken by the ‘Trump factor’ throughout the week, leaving India the worst-performing major market globally as risk-off sentiment gripped investors. Markets struggled amid a trio of US-driven shocks.

Subscribe to enjoy similar stories. NEW DELHI : Signalling a recalibration of India’s quality control regime, the Centre has withdrawn a total of 49 quality control orders (QCOs), according to an 8 January communication to the World Trade Organization (WTO).

Subscribe to enjoy similar stories. The U.S. dollar hovered near a one-month high on foreign exchange markets Friday as investors looked to both a key reading of the domestic labor market and a crucial ruling on tariffs to define the greenback’s direction into the coming months.

Subscribe to enjoy similar stories. MiniMax made a stellar stock-market debut in Hong Kong on Friday, with shares more than doubling as investors continued to pile into Chinese artificial-intelligence start-ups. The stock soared 109% to 345 Hong Kong dollars on its first day of trading, following an initial public offering in which MiniMax raised HK$4.8 billion ($619 million) at an offer price of HK$165.

Subscribe to enjoy similar stories. If trade deficits are a national emergency, they are an emergency of a peculiar sort. America began to run them consistently in the mid-1970s.

Subscribe to enjoy similar stories. Oil isn’t the only commodity to drive President Donald Trump’s decision to oust Venezuelan President Nicolás Maduro. The nation’s critical minerals shouldn’t be overlooked as a potential motive for regime change.

three photographs showing five individuals associated with the three airlines.NOC is short for no-objection certificate, the first step and a preliminary clearance before an airline obtains an air operator certificate (AOC) from the Directorate General of Civil Aviation (DGCA), the regulator.In reality, Shankh Air had received the nod in September 2024, followed by AlHind Air sometime before March last year, according to a response by the minister of state for civil aviation, Murlidhar Mohol, in the Lok Sabha. Only FlyExpress received an NOC in December.The minister’s update came amid growing concerns of a market duopoly—IndiGo and Air India have a combined share of 90% in the Indian skies.

Mint explains why oil prices have remained range-bound and what it means for India.Oil prices are back to where they were before the US action in Venezuela. On 3 January, US forces attacked the Venezuelan capital Caracas and captured President Mudaro. When the markets opened on 5 January, the benchmark Brent Crude saw a marginal spike to $62.56 a barrel.

rupee stood at about 10 to the dollar. From then to now, the average annual depreciation works out to roughly 4.5%. At independence, when the rupee was on a par with the dollar, the long-term annual depreciation is closer to 6%.The faster pace in earlier decades is largely a matter of arithmetic.

Titan Co. Ltd’s shares are up around 6% in the past two trading sessions, hitting an all-time high of ₹4,312.10 apiece on Wednesday, mostly led by the solid growth in its jewellery business, as per its December quarter (Q3FY26) update.It also held a conference call to lay out the initial roadmap for lab-grown diamond (LGD) studded jewellery under the brand name of ‘beYon’.

Why it’s recommended: Strong digital engineering and cloud-led revenue mix, consistent earnings growth with healthy margins, rising deal wins, and an improving order pipeline, strong client diversification across industries and geographies, and a healthy balance sheet with low debt levels.Key metrics: P/E: 64.91 | 52-week high: ₹6,599 | Volume: ₹409.23 croreTechnical analysis: Cup-with-handle breakoutRisk factors: Dependence on global IT spending cycles, pricing pressure from large IT peers and niche players, client concentration risk in key accounts, talent attrition and wage inflation impacting margins, and currency volatility affecting overseas revenues.Buy: ₹6,420-6,480Target price: ₹7,100 in two to three monthsStop loss: ₹6,100Why it’s recommended: Strong presence in chronic therapy segments, consistent earnings and cash flow generation, improving India formulations growth, a healthy product pipeline with regular launches, and a stable balance sheet with manageable debt.Key metrics: P/E: 65.98 | 52-week high: ₹4,104.80 | Volume: ₹361.85 croreTechnical analysis: Flat base breakoutRisk factors: Pricing pressure in the U.S. generics market, regulatory risks from the US FDA inspections, dependence on key molecules and markets, rising input and compliance costs, and currency volatility impacting margins.Buy at: ₹4,070-4,100Target price: ₹4,600 in two to three monthsStop loss: ₹3,820Indian equities ended marginally lower on Tuesday after a volatile session, with Nifty 50 slipping 0.14% to close at 26,140.75.

Stock market recap: Frontline indices, the Sensex and the Nifty 50, declined for the third consecutive session on Wednesday, 7 January, amid mixed global cues. The Sensex dropped 102 points, or 0.12%, to end at 84,961.14, while the Nifty 50 settled at 26,140.75, down 38 points, or 0.14%. The mid and small-cap indices outperformed.

New Delhi: Indian Gas Exchange (IGX) plans to launch its initial public offering by the end of 2026, according to its top executive.The IPO would largely be an offer for sale (OFS) for 22% stake by promoter Indian Energy Exchange Ltd, managing director and chief executive officer (CEO) Rajesh Mediratta told reporters on Wednesday. “The merchant bankers are yet to be appointed for the sale process.”IEX currently holds 47% and NSE owns 26% of IGX, while other minority shareholders include GAIL India Ltd, Oil and Natural Gas Corp.

The Securities and Exchange Board of India (Sebi) has proposed a uniform 30-day lag for exchanges to share market data with trading academies and for academies to use such data in their teaching materials after receiving feedback from the industry. Two previous circulars had sparked confusion about whether these academies could use one-day-old or three-month-old market data.In a consultation paper released on Tuesday, the regulator suggested that stock exchanges provide market data for educational purposes only after a 30-day delay, and that trading academies limit their training materials to 30-day-old data.Mint explains why such time lags for sharing and using market data exist, why a delicate balance is needed, and why Sebi decided to change them now.In May 2024, Sebi restricted exchanges from sharing live market data such as prices, volumes and so on for trading and related activities, while allowing a one-day lag in the dissemination of such data for education and awareness.Then in January 2025, Sebi said educational institutions could only use three-month-old data in their teaching sessions.

₹12 lakh, increasing disposable incomes at the hand of consumers.On the monetary policy front, the Reserve Bank of India (RBI) has delivered a massive 125 basis points (bps) reduction in interest rates over the past 12 months, which is expected to boost liquidity in the market through higher spending in rate-sensitive segments, such as banking, real estate and consumer durables.“Policy measures implemented during the year, including tax and interest rate reductions, are beginning to yield positive results, which are expected to translate into stronger earnings growth for domestic economy-oriented sectors in 2026,” Yogesh Patil, chief investment officer, equity, LIC Mutual Fund Asset Management (LIC MF), told Mint. The strength of India’s macroeconomic fundamentals, coupled with the expected benefits of recent policy moves, has made this optimism the near-consensus view on the Street.“We expect festive demand momentum in Q3 results to bring calm to the market as we enter 2026.

Shares of Indian oil companies have been volatile over the past three days, after the US removed the president of Venezuela through a military intervention over the weekend. While Indian state-run oil marketing companies (OMCs) Indian Oil Corp.

Dear reader, as 2025, a year of global tumult and volatility, rolls by, Mint's reporters and columnists look around the corner on what is coming in 2026—to help you know what to expect and prepare for it. Tell us what you think at [email protected]: Despite equity markets remaining muted, systematic investment plans (SIPs) are set to drive the retail mutual fund assets under management (AUM) next year, with most of the flows expected to go towards hybrid and multi-asset schemes.Within equity and hybrid mutual funds, 27% of the assets under management are contributed by retail investors, who are defined as those investing less than ₹2 lakh.

flat steel products at 12% for the first year, 11.5% for the second and 11% for the third year. India had notified an interim order imposing the duty in April to halt the surge in imports, which had lapsed on 7 November.Benchmark HRC prices had fallen to ₹47,100 per tonne in November, a 10-month low, while rebar prices stood at ₹47,000 per tonne, a five-year low due to low demand and oversupply.Hot rolled coil is used in automobiles and home appliances, while rebars are used in construction and infrastructure.Tata Steel, JSW Steel, Jindal Steel, AMNS India and Steel Authority of India did not respond to Mint’s queries on price hikes.According to Niladri N Bhattacharjee, Partner and Metals and Mining Industry Leader at Grant Thornton Bharat, the December safeguard duty, coupled with a weaker rupee, has raised the cost of steel imports from countries such as China and Japan, giving domestic producers confidence to raise prices.“Supported by strong domestic demand, these factors have allowed steelmakers to push through price hikes.