Business Standard

• Budget 2026 and Borrowing Pressures: The Union Budget 2026 is expected to lift government borrowing to record highs, creating a significant test for bond yields. The Reserve Bank of India has proactively increased bond purchases to inject liquidity, as benchmark yields remain near 6.7%.
• Parliament Budget Session Begins: The Budget session of Parliament officially kicks off today, Wednesday, January 28. Market participants are closely watching for the first advance estimates of GDP growth for 2025-26 and the government's fiscal consolidation roadmap.
• Vodafone Idea Narrows Losses: The telecom major reported a consolidated net loss of ₹5,286 crore for Q3 FY26, an improvement from the ₹6,609 crore loss in the same quarter last year. Revenue rose nearly 2% to ₹11,323 crore.
• Tata Consumer Products Profit Jump: TCPL reported a 36.4% year-on-year increase in consolidated net profit to ₹384.52 crore, bolstered by strong volume growth in its India business and easing raw material costs.

Economic Times

• Auto Sector Slump on EU FTA Fears: Shares of Mahindra & Mahindra and Hyundai Motor India dropped as much as 4.3% following reports that India may slash import tariffs on EU vehicles by 40% as part of a free trade agreement. Analysts suggest the move could increase competition in the premium SUV and luxury segments.
• Anthropic Hikes Revenue Forecast: AI startup Anthropic has raised its 2026 revenue projections by 20%, now targeting $55 billion. This reflects the massive scaling of generative AI adoption across global enterprises.
• Blackstone’s ₹10,000-Crore Data Hub: Private equity giant Blackstone has announced plans to invest ₹10,000 crore to build a digital infrastructure hub in Chennai, aiming to capture the surge in domestic data processing and AI workloads.
• SoftBank in Talks for OpenAI Stake: Reports indicate SoftBank is exploring an additional investment of up to $30 billion in OpenAI, which would further consolidate its position in the global artificial intelligence ecosystem.

Mint

• Market Rotation to Small-Caps: Mint reports a significant shift in investor sentiment in early 2026, with capital rotating out of "Big Tech" and mega-caps into small-cap and value stocks as market breadth improves.
• Dividend Alerts for Today: January 28 serves as the record date for interim dividends from several major companies, including KEI Industries and KPI Green Energy.
• Consumer Goods Optimism: Top bosses at Marico and Tata Consumer Products have expressed optimism regarding rural demand recovery, citing softening input costs and the potential for pro-consumption measures in the upcoming Union Budget.
• IPO Watch: Investor interest remains high for the Bharat Coking Coal IPO and the upcoming listing of Meesho, despite cautious sentiment in the broader secondary market ahead of the Budget.

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