📰 India Business Brief: Top Headlines for September 15, 2025
Published: 2025-09-15 08:30 IST | Category: Markets | Author: Abhi
Business Standard
- The Indian stock market observed mixed trends on September 15, 2025, with GIFT Nifty down and Asian markets trading mixed.
- US markets ended mixed, with Nasdaq hitting a record high, while the S&P 500 and Dow Jones saw declines.
- Shaw Wallace Bangladesh Ltd, a corporate sponsor of National Housing Finance and Investments, announced plans to sell eight lakh shares from its holding.
- National Housing Finance and Investments has revised its dividend declaration for 2024, opting for a 10% stock dividend instead of the previously proposed 10% cash dividend.
Economic Times
- SBI and a consortium of private banks are set to receive a substantial tax-free windfall of ₹13,483 crore from the sale of their stake in Yes Bank to Japan's Sumitomo Mitsui Banking Corp (SMBC).
- The Centre has reopened the Production-Linked Incentive (PLI) scheme window for air conditioners and LED lights, with applications accepted until October 14.
- Mercedes-Benz India anticipates a record-breaking festive season for sales, attributed to the recent GST rate reduction.
- Prime Minister Narendra Modi has laid the foundation for several development projects in Assam's Darrang, including a medical college and a ring road.
- The Global Trade Research Initiative (GTRI) has warned against India's heavy reliance on US software and cloud systems, advocating for a "Digital Swaraj Mission" to develop indigenous alternatives by 2030.
- Economists suggest that while inflation trends might allow for a rate cut, the RBI might not implement it.
- A rejig in GST is expected to alleviate pressure on household budgets, according to PwC.
- Despite an uptick in August, economists have lowered India's inflation forecasts, with GST reforms seen as supportive.
- Crisil projects India's headline inflation at 3.2% for the fiscal year 2025-26.
Mint
- Market expert Vaishali Parekh recommended three intraday stocks for purchase today: Ujjivan Small Finance Bank, Texmaco Rail & Engineering, and Jupiter Wagons.
- The Nifty 50 index extended its uptrend, regaining the psychological 25,000 level to close at 25,114, while the BSE Sensex finished near 82,000.
- The Bank Nifty index also showed strength, closing 139 points higher at 54,809.
- As the September 15 deadline for Income Tax Return (ITR) filing approaches, the Income Tax Department is offering 24x7 support to taxpayers.
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