India · Country watch
India's BRICS Export Surge, FPI Outflows Rise
India's exports to BRICS nations jump 34%, while FPI outflows reach Rs 23,000 crore amid global economic pressures.
The picture Mixed How this is judged →
India's business conditions are mixed today. Exports to BRICS nations surged, benefiting trade, but significant FPI outflows indicate financial pressures. Adani Power's investment in Assam boosts energy and construction sectors.
In this briefing Himanta Biswa Sarma · Adani Power · Assam · Foreign Portfolio Investor · Indian equity market · BRICS · India
Companies
Adani Power's 3,200 MW project launched in Assam
Adani Power Limited has commenced the construction of a 3,200 MW ultra-supercritical thermal power project in Chapar, Assam, as reported by Jbhaskar. The project, with an investment of approximately ₹48,000 crore, is the largest single investment in Assam's industrial sector to date. Chief Minister Himanta Biswa Sarma laid the foundation stone for the project, which is expected to significantly boost Assam's power generation capacity and create around 25,000 jobs during construction.
Impact Energy and construction sectors in Assam benefit from Adani Power's ₹48,000 crore investment, boosting capacity and employment.
Sources: Jbhaskar ↗
Markets
FPI outflows from Indian equities reach Rs 23,000 crore
Part of: Foreign Portfolio investors withdraw from Indian equities →
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 23,000 crore from Indian equities in September, according to The Economic Times. The outflows are attributed to rising crude oil prices, elevated US bond yields, geopolitical risks, and currency concerns. Despite these challenges, Domestic Institutional Investors (DIIs) have been providing some support to the market. The continued outflows reflect the cautious stance of foreign investors amid global economic uncertainties.
Impact Indian equity markets face pressure as FPIs withdraw Rs 23,000 crore, affecting investor sentiment.
Sources: The Economic Times ↗
Trade
India's exports to BRICS rise 34% in April-August
India's exports to BRICS nations, excluding itself, rose by 34% from April to August, according to India Today. This surge was primarily driven by increased trade with China, Brazil, Russia, and South Africa. The growth in exports highlights India's strengthening trade ties within the BRICS bloc, which includes some of the world's largest emerging economies. The data underscores the importance of these markets for Indian exporters as they navigate global economic challenges.
Impact Indian exporters benefit from increased trade with BRICS nations, enhancing market opportunities.
Sources: India Today ↗
Nothing significant reported today in Regulation · Disruption · Internal tension · Safety & health · Politics.
Also today in the local press
- From the India Today archives (2025) | The burden of Trump tariffs — India Today
- IPO rush continues: 20 issues to raise over Rs 4,152 crore this week — The Economic Times
- Hormuz has T&C: Iran won’t reopen Strait just yet — The Economic Times
- Dividends and stock splits: IRCTC, BEML among 150+ stocks with record dates this week. Check full list — The Economic Times
- China is buying more from India with billions at stake — The Economic Times
- Why hilsa-exporter Bangladesh is importing the fish from Gujarat — India Today
- JLR seeks $1.3 bn amid Tata uncertainty — The Economic Times
- Merz's party faces fresh setback in state polls — The Economic Times
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.