Trump Hails Crackdown, US Calls India Strategic Partner, India-Oman FTA & Market Shifts

• US considers India a "highly strategic potential partner" in supply chain security efforts.
• Donald Trump highlighted his administration's successes on immigration and ending wars in his year-end address.
• India and Oman are poised to sign a Free Trade Agreement (FTA) during PM Narendra Modi's visit.
• Key market movements: Meesho shares fell after doubling, Sun Pharma under pressure, Ola Electric dipped, and US AI stock wobble may benefit India.
• Belgium's highest court rejected Mehul Choksi's appeal, paving the way for his extradition to India.

Why It Matters: Major global and national developments include US-India ties, Trump's address, India-Oman FTA, and market shifts.