Taiwanese companies are urging rapid finalization of a free trade agreement with India, according to trade officials, as both nations seek to strengthen economic ties. The push comes amid significant global business developments, including Maruti Suzuki’s rise to become the world’s eighth most valuable automaker, surpassing industry giants Ford, GM, and Volkswagen.

In international defense news, Russia has escalated tensions by deploying additional Su-35 and MiG-31 fighter jets near NATO airspace, prompting Hungarian JAS 39 Gripen aircraft to scramble in response. Meanwhile, India’s aerospace capabilities receive a major boost with HAL securing a massive ₹62,370 crore order for fighter jets, significantly enhancing the Indian Air Force’s operational strength.

The business landscape sees notable transactions, including Oaktree Capital Management’s ₹10,000 crore loan to MEIL’s Krishna Reddy for a family buyout, and Hindustan Unilever’s leadership restructuring with Priya Nair taking charge to drive growth in the Indian market. On the policy front, economists anticipate the RBI will maintain steady rates amid economic uncertainty, while new driving laws imposing substantial fines take effect next week.

Commodity markets witness silver prices hitting record highs in India following strong global trends, and Trump’s $14 billion deal with Xi ensures TikTok’s continued US operations under majority American control through Oracle and Silver Lake. Market analysts also highlight technical breakouts in stocks like Suprajit Engineering, suggesting potential buying opportunities for investors.