Business

Steel Authority of India Limited (SAIL) delivered an excellent performance in Sales in November 2025, achieving 27% growth over same period last year. Retail sales surged by an impressive 69% to 0.14 Million Tonnes (MT) in November 2025 as compared to 0.084 MT in the same month last year. This was contributed by significant growth across multiple product categories and distribution channels, including domestic Saleable steel, road dispatches and door deliveries from warehouses, while emerging as the highest seller of…

REC’s financed impact of 0.87 million tCO₂ could neutralize all of Delhi Metro’s 2025 emissions, and more. New Delhi, India, December 2025– REC Limited, a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has successfully completed post-issuance assurance for its Green Bonds worth USD 500 million (ECB 74) issued in September 2024 and JPY 61.10 billion (ECB 66) issued in January 2024 — under its Green Finance Framework. The independent verification, conducted in accordance with the…

Fake donations claims to political parties and trusts Under Tax Scanner Many taxpayers revise returns after CBDT detection drive; SMS and email alerts sent from 12 December 2025 CBDT had launched ‘NUDGE’ campaign to help taxpayers correct returns Recently, the Central Board of Direct Taxes (CBDT) has acted upon many intermediaries who were involved in filing income tax returns with bogus claims of deductions and exemptions under the Income Tax Act. The exercise revealed that some intermediaries have established network…

New Delhi, Dec 2025 : The Reserve Bank of India (RBI) on Friday announced that it will conduct the second round of Open Market Operation (OMO) purchases, involving government securities worth Rs 50,000 crore, on December 18, reinforcing its commitment to ensuring adequate liquidity in the banking system amid evolving market conditions. According to the central bank, the auction will be conducted through its E-Kuber core banking platform between 9:30 a.m. and 10:30 a.m. on the scheduled date. The results…

Mumbai, Dec 2025 : Adani Green Energy Limited (AGEL) on Friday announced that it has once again been recognised among India’s highest-ranked companies in sustainability, strengthening its leadership in the country’s renewable energy sector. In the latest sustainability ratings released by the National Stock Exchange (NSE) for the financial year 2025, AGEL earned an overall ESG score of 78, an improvement from 74 last year. With this achievement, the company has retained its position as the number one sustainability performer…

New Delhi, Dec 2025 : Meta India has announced the appointment of Aman Jain as its new Head of Public Policy, marking a significant addition to the tech giant’s leadership team in one of its most important global markets. Jain, who brings more than 20 years of experience across government engagement, technology policy, and corporate strategy, will assume his role early next year. In this position, Jain will report directly to Simon Milner, Meta’s Vice President of Policy for the…

New Delhi, December 2025 – REC Limited, a leading NBFC and a Maharatna CPSE under the Ministry of Power, is proud to announce leadership position in the latest ESG Ratings of Companies by NSE ESG Ratings, achieving an outstanding ESG score of 80. This top-ranking is a direct reflection of the company’s comprehensive and sustained commitment to embedding Environmental, Social and Governance principles into its core operations over the past three years. REC attributes this success to a series of strategic…

December 2025: The Organisation for Economic Cooperation and Development (OECD) draws on a confidential database to track different types of industrial subsidies. The Manufacturing Groups and Industrial Corporation (MAGIC) database comprises extensive and comparable financial data, as well as below market borrowing (BMB) estimates, for a sample of 47 steel firms covering 36% and 62% of steelmaking capacity in OECD member countries and in non-OECD countries respectively, as of 2022, and from the year 2005 to 2022. Manouvering this data, the OECD…

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…