Business

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…

The Government of India on 1st December 2025 announced its decision to divest up to 6.0% stake in Bank of Maharashtra (BoM), comprising 5% equity and an additional 1% as a green-shoe option, at a floor price of ₹54.0 per share. Of the total offer size, 10% has been reserved for retail investors, with the remaining allocated to non-retail participants. On 2nd December 2025, the opening day of bidding for non-retail investors, the Offer for Sale (OFS) received an overwhelming…

Mumbai, Dec 2025 : The Reserve Bank of India (RBI) on Tuesday announced that State Bank of India (SBI), HDFC Bank, and ICICI Bank will continue to be classified as the country’s Domestic Systemically Important Banks (D-SIBs). The RBI initially designated SBI and ICICI Bank as D-SIBs in 2015 and 2016, respectively, while HDFC Bank was added to the list in 2017. The latest update is based on data collected from banks as of March 31, 2025, according to an…