๐ฐ India Business Brief: Top Headlines for January 20, 2026
Published: 2026-01-20 08:30 IST | Category: Markets | Author: Abhi
Business Standard
- Budget 2026 Priorities: Pre-budget discussions highlight a push for regulatory changes to unlock startup capital and a significant focus on the manufacturing sector's growth drivers.
- Critical Minerals Policy: The Union Government has announced India's first-ever tailings policy for critical minerals, aimed at enhancing resource recovery and sustainable mining practices.
- Corporate and State Initiatives: The NCLAT has upheld Adani Powerโs resolution plan for Vidarbha Industries, while a high-level Uttar Pradesh delegation is at Davos to pitch the state as a global EV manufacturing hub.
- Health Spending Concerns: Reports indicate that India's health spending remains under 2% of GDP, lagging significantly behind global norms, sparking calls for a budgetary hike.
Economic Times
- India-UAE Strategic Ties: India and the UAE have officially set a bilateral trade target of $200 billion by 2032, signing key agreements in the LNG, defense, and space sectors.
- IMF Growth Upgrade: The International Monetary Fund has raised Indiaโs FY26 growth forecast to 7.3%, citing resilient domestic demand despite emerging global trade risks and tariff threats.
- Sun Pharmaโs Global Expansion: Sun Pharmaceutical Industries has placed a non-binding offer for US-based Organon, marking one of its most ambitious international acquisition attempts to date.
- Executive Leadership: Ola Electric has appointed Deepak Rastogi as its new Chief Financial Officer, succeeding the outgoing CFO as the company navigates its next growth phase.
Mint
- Political Leadership: Nitin Nabin has been elected unopposed as the youngest-ever President of the BJP, signaling a generational shift in the ruling party's leadership.
- Legal Relief for Roys: The Delhi High Court has quashed income tax notices from 2016 issued to NDTV founders Prannoy and Radhika Roy, imposing a fine on the I-T department for procedural lapses.
- MSME Funding Boost: The Centre is weighing a massive expansion of the MSME Champions Scheme, with a proposed ninefold increase in outlay to โน10,000 crore over five years.
- Precious Metals Surge: Silver and gold prices have scaled new lifetime highs in the national capital, with silver crossing โน2.86 lakh per kg and gold touching โน1.46 lakh per 10 grams due to global volatility.
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