HSBC has downgraded India's outlook to 'Neutral' from 'overweight', setting a target of Rs 85,990 for 2025 for BSE Sensex. The firm cites lower corporate profits and high valuations as key concerns.
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Vishal Mega Mart is launching an Rs 8,000 crore IPO via offer for sale from December 11-13. Priced at Rs 74-78 per share, the IPO values the company at Rs 35,168 crore. A strong grey market premium of Rs 24 suggests a positive listing.
India's agricultural sector is projected to achieve record foodgrain production of 164.7 million tonnes in 2025, driven by favourable monsoon. However, challenges remain in pulses and oilseeds self-sufficiency. New schemes, including NMEO-Oilseeds, aim to address import dependency, while technological innovations and government support foster growth.
ASCI has issued an advisory to LinkedIn influencers to disclose connections with brands they promote, aiming to maintain adherence to regulatory standards. In the past week, 60 cases were flagged for non-disclosure, with 56 under investigation. This advisory seeks to prevent misleading practices, ensuring transparency and the integrity of influencer marketing.
Defence PSU Hindustan Aeronautics Limited (HAL) recorded provisional revenue of Rs 30,400 crore in 2024-25, despite delivery shortfalls of Light Combat Aircraft and Advanced Light Helicopter. An improved order book allowed HAL to expand production capacities and secure significant contracts, including a landmark deal worth Rs 62,777 crore for 156 Light Combat Helicopters.
Adhil Shetty, CEO of BankBazaar, urges Finance Minister Nirmala Sitharaman to raise the 30% income tax threshold to ₹18 lakh in Union Budget 2025, restructure the tax brackets, and introduce a 30% flat deduction on gross income.
India is emerging as a top destination for startup IPOs, aided by robust domestic economic growth, favorable geopolitical conditions, and substantial foreign capital inflows. With a surge in profitable tech-based listings, investors are focusing on manufacturing startups targeting global demand and IP-driven innovations, with Accel playing a significant role.
EPFO is set to integrate UPI payments to enable instant settlements for claims up to Rs 1 lakh. This upgrade aims to streamline the withdrawal process, reducing the settlement time from several days to minutes, enhancing accessibility and efficiency for subscribers.
Technology stocks surged following a temporary pause in tariffs on phones, computers, and consumer electronics, announced by the Trump administration. Apple shares notably climbed, and Asian tech stocks experienced a boost. Despite the positive market reaction, officials cautioned that tech tariffs are still anticipated in the near future, creating uncertainty about ongoing trade negotiations with China.
Donald Trump's tariff threats have added volatility to global stock markets, significantly impacting India. Key sectors like automobiles, pharmaceuticals, textiles, and steel are at risk. Despite challenges, India's markets show resilience, and experts see current conditions as an investment opportunity. India's diplomatic approach could mitigate risks, aiming to attract foreign investments and reduce tariffs on US imports.
Dr Krishna Ella, co-founder of Bharat Biotech, has been awarded the prestigious INSA India fellowship for 2025 for his significant contributions to vaccine technology and biotechnology. His work led to the development of India’s first indigenous Covid-19 vaccine, Covaxin. Bharat Biotech, established in 1996, has delivered over nine billion vaccine doses worldwide.