Wednesday, March 11
Sebi is exploring measures to boost liquidity for Real Estate Investment Trusts (REITs), including discussions to include them in market indices. The regulator is also examining proposals to broaden investment options for REITs and InvITs, while enhancing investor protection and facilitating greater institutional participation.
India's new labor codes aim to strengthen export industries by offering a more predictable operating environment. The reforms introduce flexibility and simplification for businesses while ensuring fair wages, safety, and social security for workers, including gig and platform employees. These changes are expected to enhance India's export ecosystem and align it with international labor standards.
India's shrimp exports surged 18% to $2.43 billion in the first five months of FY26, driven by markets beyond the US. Exporters are successfully diversifying their global reach, with Vietnam, Belgium, China, and Russia showing significant gains. Despite facing higher US tariffs, early shipments to America saw a mild improvement, though a slowdown is anticipated.
India's central government has notified comprehensive labour reforms under four new Labour Codes, consolidating 29 existing laws. These changes extend benefits to fixed-term, contract, gig, platform, and women workers, ensuring equal pay and expanded work opportunities. The reforms also introduce a national floor wage and simplify compliance for businesses.
The National Council (Staff Side) of the Joint Consultative Machinery has urged Prime Minister Narendra Modi to significantly amend the Terms of Reference for the 8th Pay Commission. Key demands include restoring the Old Pension Scheme for 26 lakh employees, revising pensions for all existing retirees, and reinstating the 'stakeholders' expectations' clause.
India's merchandise exports showed steady growth, reaching $220 billion in H1 FY26 despite global volatility. While the US remains a key market, its share has decreased, with India diversifying its export destinations. The government is providing significant assistance to exporters facing challenges like US tariffs.
US President Donald Trump has reversed steep tariffs on Brazilian food imports, including beef and coffee, a move expected to lower costs for American consumers. The 40% duties, imposed in July, are lifted for shipments arriving after November 13. This decision follows growing voter frustration over rising living expenses and signals progress in trade talks with Brazil.
Stock market recommendations: Bajaj Broking Research highlights Fortis Healthcare and Jio Financial Services as top stock picks for November 21, 2025. Nifty and Bank Nifty show positive momentum, with Nifty eyeing its all-time high and Bank Nifty setting new records.
The Indian rupee experienced its sharpest single-day decline in over three months on Friday, falling past the 89-per-dollar mark for the first time. This significant drop occurred amidst a weak sentiment in both domestic and global equity markets. The currency's fall was influenced by global cues and a flat growth in the country's core infrastructure sectors.
The Congressional Budget Office has revised its deficit reduction forecast for President Trump's tariffs, now projecting $3 trillion over a decade, down from $4 trillion. This adjustment stems from updated data and recent tariff changes. While critics argue consumers bear tariff costs, the White House maintains foreign exporters pay, generating significant revenue.
