Semaglutide patent expiries in India, Canada, and Brazil are poised to unlock over Rs 50 billion in revenue for generic drugmakers within 12-15 months. Indian companies like Alkem, Dr Reddy’s, and Sun Pharma are set to benefit, with price drops expected to boost GLP-1 therapy adoption.

India’s live entertainment sector is set for structured growth. The Ministry of Information and Broadcasting has launched a Live Events Development Cell. This initiative aims to streamline processes and position India as a leading global live entertainment destination by 2030. The sector is expanding rapidly, creating millions of jobs and boosting tourism.

Vedanta Ltd reported a mixed production performance in the December quarter. Aluminium, zinc, and iron ore saw increases, with aluminium up 1%, zinc India up 4%, and zinc International up 28%. However, oil and gas production declined by 15%, and saleable steel production dropped by 1%.

The TRAI data showed that Jio added 1.2 million subscribers, extending its lead over Bharti Airtel for the ninth consecutive month.

US President Trump announced US oil companies will invest billions to repair Venezuela’s infrastructure and restart production following the capture of President Maduro. Despite existing sanctions, Trump stated major US energy firms will tap vast crude reserves, aiming to enrich Venezuela and ensure its independence and safety.

Global stock markets began 2026 with a strong start. Major indices in the US and Europe saw significant gains. Technology stocks, especially those linked to artificial intelligence, led the rally. Precious metals also performed well. Asian markets showed mixed but largely positive trends.

The world’s 500 richest individuals added a record $2.2 trillion to their wealth as strong rallies across stocks, cryptocurrencies and precious metals lifted total net worth to $11.9 trillion, according to Bloomberg.

Tesla has been surpassed by BYD as the world’s largest EV maker following a second consecutive year of declining deliveries in 2025. Intensifying competition and weakening demand impacted sales, though Tesla’s stock remains optimistic due to its long-term strategy in autonomous mobility and robotics.

Exporters will benefit from a new Rs 7,295-crore government package designed to ease credit access. This includes an interest subvention scheme offering subsidies on export credit and a collateral support measure for MSMEs.

India is projected to become a top four global semiconductor manufacturing nation by 2032 and aims for the best by 2035, fueled by its talent and expanding ecosystem. The nation is poised to play a crucial role in the global semiconductor value chain.