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Indian states' fiscal deficits are widening slightly, with market borrowing now funding the majority of their needs. Funding patterns are becoming more disciplined, with longer-term securities and lower borrowing costs. However, demographic shifts are creating distinct fiscal challenges and opportunities for younger versus older states.
India's consumer goods chiefs are urging the government for tax cuts and measures to boost middle-class purchasing power to sustain consumption recovery. They seek support for local industries against volatile commodity prices and stable input costs, aiming to prevent price hikes for consumers. Increased disposable incomes and infrastructure investments are also key demands.
Foreign investors are urging a review of India's tax policies, particularly capital gains, citing high trading costs and potential double taxation. They argue that the reintroduction of long-term capital gains tax, coupled with difficulties in claiming foreign tax credits, makes India less attractive. Concerns also include computation issues and refund delays, contributing to significant FPI outflows.
India and the EU are poised to announce a free trade agreement, with domestic industries pushing for zero-duty access in sectors like textiles and leather to better compete with nations like Bangladesh and Vietnam. While the auto sector seeks protection against Chinese EVs, mobility-related easing for professionals is also anticipated.
Netflix vs Paramount: From savings to funding — Here's all investors and Warner Bros. shareholders need to know about how the bid numbers stack up against each other. 
A severe winter storm has triggered widespread flight cancellations across the US, impacting over 10,000 flights on Sunday alone. Major airports in Dallas, Charlotte, Philadelphia, Atlanta, and New York are experiencing significant disruptions. Airlines are advising passengers to check their status and explore rebooking options, with refunds guaranteed if the trip is no longer desired.
The Pak-India Business Council urged both nations to resume dialogue to resolve outstanding issues, extending greetings ahead of India's Republic Day. Chairman Noor Muhammad Kasuri highlighted India's development and the potential for collaborative growth, emphasizing peace, prosperity, and strengthened regional ties for the Global South.
The court set aside the decision of the division bench of Madras High Court, which had denied maternity leave to a government school teacher by applying the State’s two child norm policy, rather than as a right connected to motherhood and reproductive dignity.
Moelis India CEO Manisha Girotra outlined a 2026 outlook defined by the rapid expansion of private credit, the rise of dual-track exit strategies, and massive capital expenditure in AI-led infrastructure and healthcare.
India's highest civilian honours, the Padma Awards for 2026, were announced, recognising 131 individuals across various fields. Notable recipients include Uday Kotak for finance, Dharmendra and V S Achuthanandan for their contributions, and Alka Yagnik and Vijay Amritraj for their achievements. The list also features prominent figures from sports, arts, and public life.
The Enforcement Directorate has charged WinZO and its promoters, alleging ₹734 crore losses due to manipulated algorithms. Details here. 
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