Business

New Delhi, Dec 2025 : India is poised to become the world’s largest developer community by 2030, Microsoft Chairman and CEO Satya Nadella said on Wednesday, highlighting the country’s rapidly expanding talent pool and its rising influence in the global AI landscape. Speaking at an event in the national capital, Nadella said India’s technology ecosystem is undergoing a profound transformation as new tools and platforms reshape how software is designed, built, and deployed.“India is projected to have 57.5 million developers…

New Delhi, Dec 2025 : India must carve out its own development model and firmly resist external pressures that attempt to dictate its priorities, Adani Group Chairman Gautam Adani said on Tuesday. Speaking at the centenary celebrations of the Indian Institute of Technology (Indian School of Mines), Dhanbad, he emphasised that true sovereignty in the 21st century will depend on how effectively a nation controls its natural resources and energy systems. “Master the resources below our feet, and master the…

Mumbai, Dec 2025 : Shares of InterGlobe Aviation, the parent company of IndiGo Airlines, came under heavy selling pressure in early trade on Monday, plunging as much as 6.6 per cent to an intra-day low of Rs 5,015 on the BSE. Investor sentiment turned cautious after the Directorate General of Civil Aviation (DGCA) extended the deadline for IndiGo CEO Pieter Elbers to respond to a show-cause notice over the airline’s recent operational disruptions. The stock later recovered some of its…

December 2025: Sulphur Hexafluoride (SF6) is a chemically stable, colourless, odourless, and non-toxic gas. It is used all over the world, primarily as an insulating and protective gas in electrical switchgear within medium- and high-voltage engineering. In the past, it was also used in Germany as a filling gas for sports shoes and as an insulating gas in soundproof windows until this application was banned in 2006. SF6 is the most potent greenhouse gas known to date: One kilogram of it…

New Delhi, Dec 2025 : In a sweeping reform aimed at strengthening financial inclusion and enhancing consumer protection, the Reserve Bank of India (RBI) has announced a comprehensive overhaul of the rules governing Basic Savings Bank Deposit (BSBD) accounts. The new framework, which comes into force nationwide from April 1, 2026, provides significantly expanded free facilities for zero-balance account holders across all categories of banks. The decision follows a detailed review of public feedback and stakeholder suggestions received after the…

In a landmark step towards strengthening industry-academia collaboration, NMDC, India’s largest iron ore producer, has signed a Memorandum of Understanding (MoU) with the Indian Institute of Technology (IIT) Kanpur, to facilitate new initiatives in the areas of cybersecurity and promote the adoption of modern digital technologies, including Artificial Intelligence (AI) and Machine Learning (ML), across NMDC’s operations. This MoU was signed by Mr. Satyendra Rai, Executive Director (Digital Transformation), on behalf of NMDC, and Prof. Ashoke De, Dean, R&D, IIT…

December 2025: Monetary Policy Decisions – The Monetary Policy Committee (MPC) held its 58th meeting from December 03rd to 05th 2025, under the chairmanship of Mr. Sanjay Malhotra, Governor, Reserve Bank of India. The MPC members Dr. Nagesh Kumar, Mr. Saugata Bhattacharya, Prof. Ram Singh, Dr. Poonam Gupta and Mr. Indranil Bhattacharyya attended the meeting. After a detailed assessment of the evolving macroeconomic and financial developments and the outlook, the MPC voted unanimously to reduce the policy repo rate under the…

Hon’ble President of India Smt. Droupadi Murmu to Confer the Handicrafts awards on 9th December 2025 The event will be graced by the presence of Union Minister of Textiles, Shri Giriraj Singh, & Minister of State for Textiles and External Affairs, Shri Pabitra Margherita Shilp Guru & National Award will be given to outstanding Craftspersons The Ministry of Textiles is proud to announce the conferment of the prestigious Handicraft Awards to honour distinguished master craftspersons for the years 2023 and…

New Delhi, Dec 2025 : S&P Global Ratings on Thursday upgraded Reliance Industries Ltd’s (RIL) long-term issuer credit rating from ‘BBB’ to ‘A-’, citing the company’s growing portfolio of stable consumer-facing businesses that are expected to enhance earnings and cash flow stability. The global rating agency highlighted that RIL’s increasing contribution from less cyclical consumer sectors, including digital services and retail, will strengthen the quality of its earnings. “The company’s strong competitive position across its businesses will further drive earnings…

A Major Milestone in Purity Assurance and Curbing Fake Hallmarking Within the first three months following implementation of mandatory HUID for silver, over 17 lakh pieces have been hallmarked, reflecting strong uptake among jewellers and consumers. While the Silver Hallmarking Scheme remains voluntary, HUID marking has been made mandatory for any silver article that is hallmarked. Strong Uptake: Over 17 Lakh Articles Already Hallmarked with HUID Since, the launch of the silver HUID portal, over 17 lakh silver jewellery items have already been hallmarked i.e. within…