*Financial News*
Source: Leading Newspapers
*Compiled by: RUDRA SHARES*
Friday, 02 January 2026
Vande Mataram
*ECONOMY & MACRO*
* Lending rates edged up to 8.7% as fresh loans turned costlier.
* GST collections rose 6%, supported by higher revenue from imports.
* Rising incomes and recovery in rural demand are expected to drive corporate India’s growth in 2026.
* India’s exports could approach USD 950 billion, with strong momentum emerging from western regions.
*CAPITAL MARKETS*
* Indian equity markets began 2026 on a cautious note amid thin trading volumes.
* FIIs started the new year as net sellers of Indian equities worth Rs 3,269 crore, while DIIs were net buyers worth Rs 1,526 crore.
* Cigarette stocks lost nearly Rs 60,000 crore in market capitalisation as analysts flagged near-term volume risks following the excise duty hike.
*AUTOMOBILE & EV*
* Skoda Auto India more than doubled its 2025 sales to 72,665 units.
* Maruti Suzuki reported a 22% rise in December sales at 2,17,854 units and is considering a revision in small car prices.
* Kia India posted its best-ever December sales, with volumes rising over two-fold to 18,659 units.
* Mahindra & Mahindra auto sales increased 25% in December, driven by record SUV and LCV sales.
* Tata Motors Passenger Vehicles recorded a 14.1% increase in December sales.
* Renault India reported a 33.4% jump in December sales to 3,845 units.
* Hyundai Motor India posted 6.6% growth in December sales at 58,702 units.
* Audi India’s festive demand-led retail sales rose to 4,510 units in 2025.
* Ola Electric shares closed higher after the company reported higher month-on-month market share in December.
*CORPORATE & INDUSTRY*
* NTPC signed agreements with foreign companies as part of its nuclear power expansion plans.
* Blue Dart shares rose after the tax demand against one of its arms was reduced to Rs 65 lakh from Rs 421 crore.
* Construction company Krishna Buildspace filed IPO papers to fund working capital and capital expenditure.
* Devyani International and Sapphire Foods announced plans to merge, creating a single franchisee for Pizza Hut and KFC in India.
*BANKING & FINANCIAL SERVICES*
* IREDA’s loan disbursements surged 44% to Rs 24,903 crore during April–December.
*TELECOM & TECHNOLOGY*
* Vodafone Idea received a GST penalty of Rs 638 crore and plans to challenge the order legally.
* Cross-border e-commerce is expected to become easier, with increased focus on MSME participation.
*BUSINESS GROUPS & LEADERSHIP*
* Bharti Group emerged as the top gainer among India’s leading business groups in 2025, while the Tata Group continued to retain overall leadership.
* Tarun Garg assumed charge as Hyundai Motor India’s first Indian Managing Director and CEO.
*Jai Hind*
*Rudra Hai to Mudra Hai*
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