On this special report, the focus is on a major development in India-US relations, with the US announcing India will be invited to join ‘Paxilica’, a strategic alliance for a secure semiconductor supply chain. This news, coupled with signals of progress in trade talks, prompted a sharp rebound in the markets. However, a market expert advises caution, stating, ‘Too much should not be attached to this statement. There are still challenges which is what we understand and we will have to see how these are navigated.’ The programme also covers the upcoming Union Budget 2026, which may feature a customs duty overhaul, and Maruti Suzuki’s major capacity expansion plans in Gujarat. Additionally, the show touches upon the Q3 results of IT majors TCS and HCL Tech and a sudden drop in Dow futures following a statement from US Federal Reserve Chair Jerome Powell.
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