Day

October 9, 2025
Lupin plans a significant $250 million investment over five years to establish a new manufacturing facility in Coral Springs, Florida. This strategic move aims to bolster its U.S. respiratory business, diversify its supply chain, and enhance medicine security by producing over 25 key respiratory medicines.
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LG Electronics India IPO: In the grey market, LG Electronics India’s IPO is trading at a premium of ₹295, roughly 25.88% above the ₹1,140 issue price, suggesting a potential listing price of around ₹1,435.
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Senco Gold share price: Senco Gold reported 6.5% YoY revenue growth in Q2 FY26, with H1 revenue up 17.8%, driven by retail expansion and strong same-store sales. Despite high gold prices and seasonal headwinds, diamond and silver jewellery sales showed robust value growth, reflecting resilient consumer demand.
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The Indian Rupee saw a slight dip today, trading at 88.78 against the US Dollar. Investors are closely monitoring US fiscal developments and trade tariffs. Positive domestic equity market trends provided some support. Foreign investors bought equities, indicating continued interest. The Reserve Bank of India is reportedly managing the Rupee’s movement. Global oil prices also...
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Gold and silver opened slightly lower on Thursday, with gold futures at Rs 1,22,700 per 10 grams and silver at Rs 1,48,423 per kilogram on the MCX, following profit-booking after a record rally. Despite the dip, both metals remain near all-time highs, supported by expectations of U.S. rate cuts, central bank buying, and strong safe-haven...
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A new UK-India trade deal offers promising economic prospects and political wins, but its true value hinges on tangible outcomes like investment and talent mobility. Experts emphasize that beyond paper agreements, the pact’s success will be measured by actual capital flow, pragmatic visa policies for professionals, and swift implementation, particularly concerning economic offenders.
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A significant UK delegation’s visit to India highlights the growing bilateral ties and the impending Free Trade Agreement. While the FTA promises substantial tariff reductions for Indian goods and benefits for UK exports like Scotch whiskey, visa restrictions for skilled Indian workers remain a key challenge.
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Indian markets are poised for growth in FY26. Strong domestic economic activity, a booming IPO market, and increasing SIP investments are key drivers. Festive demand and GST benefits are boosting consumption. Experts anticipate double-digit gains for the financial year. The primary market offers unique, fast-growing companies at attractive valuations. SIP growth reflects increasing investor participation.
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Tata Group’s retail performance shows a divergence, with Titan Company’s jewellery segment exceeding expectations while Trent Ltd. experienced slower-than-anticipated growth. Titan’s strong festive demand and studded jewellery sales drove its success, while Trent anticipates a rebound in the festive-heavy third quarter following a slowdown attributed to GST rate cuts and a high base effect.
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Despite positive economic data, Indian equities are expected to trade sideways due to valuation concerns and consistent FII selling. Vikram Kasat of PL Capital highlights this as a stock-picker’s market, favoring selective opportunities in sectors like metals, autos, and defence, alongside promising new-age listings.
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