Business News Desk

Pension Funds

Domestic Pension Funds Pump Record ₹41,242 Crore into Indian Equities in Jan–Sept 2025, Signaling Long-Term Market Confidence

In a landmark development for India’s capital markets, domestic pension funds have invested a record ₹41,242 crore in equities between January and September 2025, according to data from the National Stock Exchange (NSE). This surge in equity exposure underlines the growing maturity of India’s pension ecosystem and its increasing role in supporting domestic equity markets…

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Retail Inflation

India’s Retail Inflation Drops Sharply to 0.4–0.6% in October, Driven by Softer Food and Commodity Prices: Bank of Baroda

India’s Consumer Price Index (CPI) inflation has eased significantly to an estimated range of 0.4% to 0.6% in October 2025, according to a report released by the Bank of Baroda (BoB). This marks a continuation of the downward trend observed in recent months, with September’s CPI inflation already at an eight-year low of 1.54%, down…

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AI Boom

HSBC Sets Bold Sensex Target of 94,000 by 2026 Despite Warning That India Is Missing Out on Global AI Boom

Global financial giant HSBC has issued a mixed outlook for Indian equities, setting an ambitious Sensex target of 94,000 by the end of 2026 while simultaneously warning that India is largely absent from the global artificial intelligence (AI) investment wave. In its latest research note, HSBC emphasized that while India offers attractive valuations and a…

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Tuhin Kanta Pandey

SEBI Chairman Tuhin Kanta Pandey Clarifies Regulator’s Role in IPO Valuations, Says Market Forces Determine Share Prices

In a decisive statement that reaffirms the principles of free-market dynamics, Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey has clarified that the regulator will not intervene in setting valuations for Initial Public Offerings (IPOs). Speaking at a recent industry summit in Mumbai, Pandey emphasized that capital markets—not regulatory bodies—are responsible for…

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Manufacturing Sector

India’s Manufacturing Sector to Contribute $500 Billion Annually to Global Economy by 2030, Says Union Minister Pralhad Joshi

India is poised to become a global manufacturing powerhouse, with projections indicating an annual contribution of $500 billion to the global economy from its manufacturing sector by 2030, according to Union Minister Pralhad Joshi. Speaking at the inauguration of the 7th India Manufacturing Show (IMS) 2025 in Bengaluru, Joshi emphasized that the current decade marks…

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Carlsberg India

Carlsberg India IPO Gains Momentum as Citi and JPMorgan Onboarded as Lead Advisors

Global brewing powerhouse Carlsberg A/S has officially appointed Citi and JPMorgan as financial advisors for its upcoming India Initial Public Offering (IPO), according to sources familiar with the matter. The Denmark-headquartered company, which entered the Indian market in 2007, is now preparing to list its Indian arm on domestic stock exchanges, marking a significant milestone…

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FM Sitharaman

FM Sitharaman Calls for World-Class Banks to Power India’s Growth, Says Discussions Underway with RBI and Lenders

Union Finance Minister Nirmala Sitharaman has reiterated the government’s commitment to building world-class banks in India, stating that the country needs large, dynamic financial institutions to support its expanding economy. Speaking at the 12th SBI Banking and Economics Conclave in Mumbai on November 6, 2025, Sitharaman emphasized that discussions are actively underway with the Reserve…

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Grasim Industries

Grasim Industries Retains Investor Confidence as Citi Raises Price Target Despite Birla Opus CEO Exit

Grasim Industries Ltd., a flagship company of the Aditya Birla Group, continues to attract bullish sentiment from top brokerages even amid leadership changes in its paints division. Citi has raised its price target on Grasim from ₹3,400 to ₹3,450, maintaining a ‘buy’ rating despite the sudden resignation of Rakshit Hargave, CEO of Birla Opus, just…

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SBI Signals

SBI Signals Openness to Foreign Bank Partnerships for Acquisition Financing, Eyes Strategic Expansion

In a major policy signal that could reshape India’s corporate financing landscape, State Bank of India (SBI) Chairman CS Setty has announced the bank’s willingness to collaborate with foreign banks for acquisition financing, following the Reserve Bank of India’s recent move to allow domestic banks to fund corporate acquisitions. This marks a strategic shift for…

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Ketan Parekh

Mumbai Special Court Allows Ketan Parekh to Travel Abroad After ₹27.06 Crore SEBI Deposit Amid Securities Scam Proceedings

In a development that has reignited public scrutiny over financial fraud accountability, Mumbai’s Special SEBI Court has granted permission to former stockbroker Ketan Parekh to travel abroad, provided he deposits ₹27.06 crore with the Securities and Exchange Board of India (SEBI). Parekh, a key accused in the infamous 2000–2001 securities scam, had previously been barred…

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