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
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
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
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
Foreign Portfolio Investors (FPIs) have withdrawn over Rs 23,000 crore from Indian equities in September, according to The Economic Times.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 ↗
Politics
Nothing significant reported today.
Also today in India
- 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.
The same day elsewhere
- Argentina: Power Outage Hits Buenos Aires; US Rate Hike Impacts Debt
- Brazil: CVM Rules Revised, Lula's Loan Delays
- Canada: Labor Code Changes, BC Political Upheaval
- China: China-ASEAN Trade Boost, PBOC Reverse Repo, US Talks
- Colombia: Health System Overhaul, Villa de Leyva Fire
- Germany: Berlin Election Shifts, CDU Faces Setback
- Egypt: Suez Canal Revenue Surge, FRA Expands Mandate
- Spain: Ceuta Protests Escalate, Euribor Surges
- France: Fuel Prices Hit Record; Train Collision Disrupts Traffic
- United Kingdom: UK Tea Prices Surge, Fuel Duty Cut Pressure
- Indonesia: BPOM Allocates Funds, Floods Hit Pasaman
- Israel: Ben Gurion Airport Closure, UK Sanctions on Israel
- Iraq: Iraq Opens Airspace, Ramsis Expands in Basra
- Iran: US Visa Bans, Tehran Bus Shipment Disrupted
- Italy: Italy Approves Car Tax Exemption, Schlein Criticizes Govt
- Japan: Typhoon 25 Disrupts Transport, Landslide Warnings Issued
- Kenya: Power Disruption Hits Thika Road, EAC Insurance Rules
- South Korea: Won Strengthens, US Investment Briefing
- Lebanon: Israeli Strikes in South Lebanon, UNIFIL Tensions
- Morocco: Lawyers Extend Strike, Weather Alert Issued
- Mexico: Fuel Seizure in Guanajuato, Cyclone Threatens Pacific Coast
- Malaysia: Floods Disrupt Kuala Lumpur; Data Center Investment Rises
- Nigeria: Mining Ban Sought, NSCDC Officers Protest
- Netherlands: Protests in The Hague, No Budget Talks This Week
- Poland: Poland Tax Proposal, e-TOLL Change, Coal Concerns
- Portugal: Heat Alert Expands, Finance Minister Warns on Deficit
- Russia: Russian LNG Exports Surge, Brent Oil Prices Rise
- Senegal: Senelec Vandalism and SAMES Strike Loom
- Syria: Road Closure in Aleppo, Energy Sector Challenges
- Turkey: Tera Portföy Faces Massive Withdrawals, Cilvegözü Reopens
- Ukraine: Russian Strikes Halt Steel, US Sanctions on Child Deportations
- United States: U.S.-China Trade Talks, Diesel Prices Impact Farmers
- Vietnam: Vietnam Stocks Upgraded, USD Rises
- South Africa: US Visa Restrictions, ANC Turmoil, UDF Manifesto