Tuhin Kanta Pandey, Chairman, Securities and Exchange Board of India (SEBI)
Tuhin Kanta Pandey, Chairman, Securities and Exchange Board of India (SEBI) said, “This has been a decade of turmoil. We have lived through a major global pandemic. We continue to face geopolitical tensions, trade uncertainty and tariff disruptions, and the coming wave of AI, synthetic biology and other technologies… is a big challenge for humanity. Yet, even amidst these shocks, India’s capital markets are “We have not only remained strong, but have also recorded strong and consistent growth. This reflects the internal strength of our market institutions and the growing confidence of investors.”
“We now have 140 million unique investors,” says SEBI Chairman Tuhin Kanta Pandey.
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Regulation can no longer be merely reactive, it must become anticipatory. It should move with the markets, not behind them…India’s capital markets are changing very rapidly. Domestic savings are rapidly flowing into the capital market. Participation in the capital market has increased to levels that we could not have imagined a decade ago. Now we have 140 million unique investors. This is an action of financialization. Market capitalization has increased more than four times in the last 10 years to more than Rs 4070 trillion today. As a share of GDP, it has increased from about 81% in FY 2015 to 128% today. This is not just growth in numbers, this is a structural change in the way the economy is financed.
About ET NOW Global Business Summit 2026
ET NOW Global Business Summit 2026: This is happening at a time when the world is going through a phase of continuous change. Technology, geopolitics, capital and society are changing rapidly and the balance of power is changing. This special event organized by Times Group is going to be held on 13 and 14 February 2026 at Hotel Taj Palace, New Delhi. The theme of this year’s summit is ‘A Decade of Disruption. A Century of Change ‘Is. Big industrialists, policy makers, experts and thinkers from the country and the world will participate in this summit. They will discuss the challenges of the times to come, new opportunities, impact of technology, global politics and economy. This is a platform where deep conversations and discussions will take place on issues that will determine the direction of the future.
ET NOW Prime Minister Narendra Modi will participate in the first day of the Global Business Summit 2026 and grace the event. Along with him, many other important ministers and leaders of the Government of India will also be a part of the event, including Union Commerce and Industry Minister Piyush Goyal, Food Processing Industries Minister Chirag Paswan and Maharashtra Chief Minister Devendra Fadnavis.
Well-known personalities from the world of business, economy and diplomacy are also participating in this summit. These include Ann E. Harrison, renowned economist and former dean of UC Berkeley’s Haas School of Business, Madhusudan Kela, founder of MK Ventures, Sir Martin Sorrell, Chairman of S4 Capital and founder of WPP, and Namit Malhotra, Global CEO of Prime Focus Limited and DNEG. On behalf of international organizations, IMF Senior Representative Ranil Manohar Salgado, World Bank Regional Director Sebastian Eckhardt and Women’s World Banking CEO Mary Ellen Iskandrian will also be present.
From the health and technology sector, Vikrant Shrotriya, MD, Novo Nordic India, Prashant Tandon, CEO, Tata 1mg, Ananth Maheshwari, CEO, Honeywell and Shobhana Kamineni, Apollo Hospitals, will participate in the discussion. From the investment and banking world, Spark Capital’s Arpita Vinay, MCX CEO Praveena Rai, JBM Group’s Nishant Arya, SEBI Chairman Tuhin Kant Pandey, Snapdeal’s Kunal Bahl, and Carlyle partner Greg Zeluk will also be present there.
Apart from this, Vivek Lal of General Atomics, Kishore Moorjani of CapitaLand Investments, Mike Jatania, Chairman of The Body Shop and Rakesh Bharti Mittal of Bharti Enterprises will also be part of this summit. The international forum will also include Queen Rania Al Abdullah of Jordan, London Stock Exchange Group CEO David Schwimmer, Ambassador of Poland Dr. Piotr Antoni Switalski, Ambassador of Lithuania Diana Mickiewicz, and Dr. Eva Suvara of the European Union as well as former Prime Minister of Belgium Charles Michel on the first day of the summit.
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