*Financial News* 
Source: Leading newspapers
 *Compiled by RUDRA SHARES* 
Vande Mataram
Tuesday, 03 February 2026

 *Automobile & EV* 
• Newer models, sharper pricing help EV market shift to top gear in Jan
• Maruti Suzuki India's Y-o-Y sales rise 12% to 236,963 units in January
• Ashok Leyland's sales rise 27% in January on strong domestic demand

 *Banking, Financial Services & Credit* 
• Microfinance companies fail to get budget-day wish, hope to bask in others' sunlight
• Need for inclusive credit strategies for unbanked population: DFS secretary to banks
• SGBs lose tax glitter after Budget 2026
• FPI investments in primary market nearly halve in FY26
• FY27 disinvestment target of Rs 80,000 crore may face execution risks amid global headwinds and weak earnings visibility
• FIIs net sell shares worth Rs 1832 crore, DIIs net buy Rs 2446 crore on February 2
• Govt likely to consider merger of state-run financiers PFC and REC

 *Capital Markets & Investments* 
• Trade deal lifts the gate for foreign money to return
• Amansa Holdings picks up additional 1.1% stake in Clean Science
• 'India–US trade deal to lift market sentiment; fund managers say "It's time for equities"
• India-US trade deal signals strong gap-up opening for Nifty 50; GIFT Nifty jumps nearly 800 points

 *Aviation & Defence* 
• HAL's civil aviation plans take off, company eyes commercial market

 *Energy, Power & Commodities* 
• Easier said than done! Indian refiners seek time to break up with Russian oil
• Power Grid shares jump after firm raises FY26 capex guidance to Rs 32,000 crore
• Coal India production, offtake fall as power sector demand weakens
• Tata Power Renewable Energy commissions 198 MW wind project in TN

 *Trade, Economy & Global Relations* 
• Industrialist Harsh Goenka lauds India-US trade deal, calls it "Father of all deals"
• No time to waste. US decision-makers want Trump to ‘move rapidly’ to strengthen India ties
• $48.2 billion of Indian exports to get tariff relief under US trade deal
• Trump-Modi rapport made the trade deal possible, 18% tariff a massive drop for India: Sergio Gor to CNN-News18
• India-US trade deal to bring cheer to textiles, gems & jewellery, chemical stocks

 *Politics & Governance* 
• Sonowal hails 'clean governance' under Modi; alleges 'scams' during UPA rule
• BJP steps up efforts to form govt in Manipur, appoints observer
• "Opposition, govt spar over Rahul Gandhi's China remark
• Mamata Banerjee moves Supreme Court against voter roll revision in Bengal

 *IT & Technology* 
• Oracle plans 20,000-30,000 job cuts to fund data centre expansion
• Apple hits record 28% value share as India's smartphone market goes premium

 *Real Estate* 
• Godrej Properties sells homes worth ₹2K cr in Phase-I of Worli project

 *Healthcare & Pharma* 
• Sun Pharma sees US generics stabilising, pins growth on innovation push

 *Corporate & Legal* 
• Apparel and jewellery retailer Marri Retail files IPO papers with fresh issue size of Rs 522 crore
• Centre can pursue $3.8 bn arbitral award against Reliance Industries

Jai Hind
Rudra Hai to Mudra Hai
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