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Stock market benchmark indices Sensex and Nifty rallied on Friday (December 5, 2025) after the Reserve Bank of India (RBI) cut key benchmark interest rate for the first time in six months and took steps to boost liquidity to support a “goldilocks” economy in the face of high US tariffs. Rising for the second day…
Read More “Stock markets rally as RBI cuts interest rate; Sensex jumps 447 points” »
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Anil Ambani, chairman of the Reliance Anil Dhirubhai Ambani Group. File | Photo Credit: Reuters The Directorate of Enforcement (ED) on Friday (December 5, 2025) attached fresh assets worth ₹1,120 crore as part of a money laundering probe related to Reliance Group chairman Anil Ambani and his companies, official sources told The Hindu. The assets…
Image used for representational purpose only. File | Photo Credit: The Hindu The rupee gave up early gains on Friday (December 5, 2025) after the Reserve Bank of India (RBI) cut the interest rate by 25 basis points, in line with a consensus view that had albeit softened due to a stronger-than-expected economic growth and…
Reserve Bank of India Governor Sanjay Malhotra speaks on Monetary Policy Statement, in New Delhi on December 5, 2025. Photo: YouTube/Reserve Bank of India Noting that since the October Policy, the Indian economy has witnessed rapid disinflation, Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday (December 5, 2025) announced that the Monetary Policy…
Read More “RBI MPC meeting: Repo rate cut by 25 basis points to 5.25%” »
File photo of Simone Tata. | Photo Credit: The Hindu Archives Simone Tata, 95, passed away on Friday (December 5, 2025) morning at Breach Candy Hospital, Mumbai after a brief illness. In a statement Tata Sons said “Ms. Simone will always be remembered for her contribution to the growth of Lakmé as India’s leading cosmetic…
Read More “Simone Tata, mother of Noel Tata, passes away at the age of 95” »
Just nine Fugitive Economic Offenders (FEOs) owed Indian banks over ₹58,000 crore in principal and interest. Despite having arrest warrants issued against them, these FEOs have left India and refuse to return to avoid criminal prosecution. Of this, the principal amount owed is ₹26,645 crore, while interest accounts for ₹31,437 crore. To date, banks have…
Read More “Economic offenders who fled the country owe ₹39,000 crores to Indian Banks?” »
Commerce Minister Piyush Goyal speaks at the India-Russia Business Forum in New Delhi, on December 4, 2025. | Photo Credit: Reuters Russia has a huge demand for industrial goods and consumer products, which can be fulfilled by Indian businesses if only they take a “leap of faith”, said Commerce Minister Piyush Goyal on Thursday (December…
The Rupee rebounded from its all-time low levels and appreciated by 19 paise to close at 89.96 against the U.S. dollar on Thursday (December 4, 2025), on weakness in the U.S. dollar index and on reports of the Reserve Bank of India’s supposed intervention. Forex traders said the greenback fell after Automatic Data Processing (ADP)…
Read More “Rupee rises 19 paise to close at 89.96 against U.S. dollar” »