MF Update: Mutual Fund Industry Seeks Tax Reforms Ahead of Budget
The mutual fund industry has submitted its 27-point proposal for Budget 2026, calling for the restoration of long-term indexation for debt funds, separate ELSS deduction under the new tax regime, and pension-linked schemes. This highlights industry priorities for enhancing investor parity and long-term savings support.
Economy Update: India’s Economic Survey Projects 6.8-7.2% Growth
The Economic Survey 2025-26 forecasts real GDP growth of 6.8-7.2% in FY 2026-27, signaling stable macro conditions amid ongoing reforms and investment support. This outlook underpins fiscal and investment expectations ahead of Budget 2026.
Results Update: Nestlé India Q3 Profit Surges on Strong Demand
Nestlé India reported a ~45% year-on-year rise in Q3 profit with revenue up nearly 19%, supported by tax cuts and expanded consumer demand. The company also declared an interim dividend of ₹7 per share, reflecting operational strength.
International Policy Update: India-EU Free Trade Agreement Signed
India and the European Union concluded a long-awaited Free Trade Agreement on 27 Jan 2026, aiming to liberalise goods and services trade, reduce tariffs on 90% of products, and deepen market access- a major geopolitical and economic milestone.
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