Business Standard

• India’s manufacturing-led capacity additions are projected to reach approximately ₹3.6 trillion in FY26, signaling a robust revival in industrial expansion despite global geopolitical uncertainties.
• The Indian equity markets are braced for a negative opening, with GIFT Nifty signaling a lower start following a 7% jump in Brent crude prices and a general decline across Asian markets.
• Major manufacturing projects nearing completion this quarter include the ₹22,500 crore Micron semiconductor facility in Sanand, Gujarat, and significant domestic appliance plants by Mitsubishi.
• Experts warn that while project completions are at a near-record high, sustained tensions in West Asia could cloud future private investment and capital expenditure plans.

Economic Times

• JP Morgan has turned bullish on the Indian life insurance sector, upgrading stocks like Max Financial, SBI Life, and HDFC Life to 'overweight' following a recent price correction and improved growth prospects.
• Hopes for a Reserve Bank of India (RBI) rate cut have faded as the 'oil shock' and rising inflation pressures from the Middle East conflict force a cautious stance on monetary easing.
• Maharashtra is reportedly on track to become India’s first trillion-dollar sub-national economy, driven by aggressive infrastructure expansion and technology adoption under the current administration.
• Market technicals show a negative breakout for several prominent stocks, including United Spirits and Muthoot Finance, which have slipped below their 200-day moving averages (DMA).

Mint

• A severe LPG shortage has begun hitting Indian eateries and households as the closure of the Strait of Hormuz disrupts 85-90% of India's gas imports; the government has invoked the Essential Commodities Act to prioritize supplies.
• The ongoing US-Iran conflict has cost the US military over $11.3 billion in its first week, with Iran threatening to push global oil prices toward $200 per barrel if tanker attacks continue.
• India has come under the scanner of the U.S. Trade Representative, with Jamieson Greer announcing new investigations into "unfair trade practices" and industrial capacity that could lead to fresh tariffs.
• Nomura has downgraded India’s FY27 GDP growth forecast to 7%, citing the prolonged impact of the West Asia conflict on energy costs and global trade stability.
• Wipro remains in focus after securing a significant multi-year contract from a US-based financial services provider to modernize its retirement services business.

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