India's exports of petroleum products saw a decline of 7.9% year-on-year, reaching $26.6 billion in April-November of FY26. Imports of refined oil products also decreased by 1% to $14.7 billion during this period. The country's consumption of petroleum products increased by 1.4% in the first eight months of FY26, with a projected demand of 252.9 million tonnes for the entire fiscal year.
The 'Kanda Express' initiative by the government has successfully controlled the annual spike in onion prices by transporting a record-breaking 85,719 tonnes of onions through dedicated rail rakes. The initiative has expanded its coverage and increased the number of rakes, leading to a significant impact on the market.
A winter storm hit California during Christmas, causing severe damage and fatalities. Several counties declared a state of emergency, with thousands evacuated and evacuation orders issued for flood-prone areas. The National Weather Service warned of ongoing hazardous conditions and advised residents to avoid flooded roads and stay updated on emergency alerts.
Kochi-based start-up airline Alhind Air has placed 120 employees on a "no work, no pay" basis due to delays in securing its AOC from the DGCA. The company's monthly expenses of Rs 2 crore have caused significant financial losses. Employees have been told not to work until the AOC is obtained and to return any company assets.
Many Indian professionals who work remotely have long looked at places like Bali or Thailand as work-from-anywhere hubs. Now, a European country is joining that list.
The CRIF-SIDBI report showed a 16.2% increase in small business credit exposure, reaching Rs 46 lakh crore in 2025. Government credit schemes for MSMEs and improved portfolio quality were also noted. Private banks and NBFCs are top lenders, and working capital loans are the most popular. Formalization has also risen, with 23.3% new borrowers.
Warren Buffett, renowned investor and CEO of Berkshire Hathaway, will retire and hand over control to Vice Chairman Greg Abel. His wise decision-making and balanced lifestyle, rooted in simplicity and clarity, highlight the importance of self-care and healthy habits for managing stress and protecting mental health.
The Indian government has raised concerns about the challenges faced by Indians in obtaining US visa appointments, including long wait times and family hardships. The US has implemented mandatory social media screening for all visa applicants, leading to cancellations and rescheduling of appointments.
The trade dynamics between India and Russia are evolving, with a decline in India's crude oil imports from Russia expected by December 2025. However, A report bu Rubix noted that the Russian oil will still be present in India's market. The trade relationship is expanding beyond energy with defence cooperation remains a key aspect.
A video of an office Christmas party in Canada has gone viral, sparking racist backlash online. The clip, allegedly from an Amazon warehouse, shows a predominantly Indian workforce celebrating the holiday season. Some netizens questioned how this was possible, while others blamed discriminatory hiring practices or immigration programs.
Japanese company AICA Kogyo has acquired a 40% stake in Stylam Industries for Rs 1,525 crore, resulting in changes to the board of directors. The deal includes purchasing shares from promoters and making an open offer to public shareholders. While the stock initially declined, it has seen an overall gain in the last 5 trading sessions.
A mass stabbing at a factory in Japan's Mishima City left 14 injured, with eight rushed to the hospital for treatment. The suspected attacker has been arrested and is being investigated for attempted murder. The Yokohama Rubber Mishima Plant, where the incident occurred, covers 112,000 square meters and produces tires for cars and trucks.
Stray Kids dominates the K-pop scene, surpassing BTS and SEVENTEEN as the top live act with their 'Dominate World Tour' earning $185.7 million. Their success is credited to their talented members and loyal fans. Even during hiatus, BTS members j-hope and Jin ranked in the top 10.
Ranveer Singh's Dhurandhar has made history by entering the Rs 1,000 crore club worldwide. It has given tough competition to James Cameron's Avatar: Fire and Ash and has joined the ranks of other Bollywood blockbusters like Dangal, Baahubali 2, Pushpa 2, RRR, KGF Chapter 2, Jawan, Pathan, and Kalki. These films have not only achieved commercial success but also made a permanent
Discover the perfect budget-friendly destinations for Indians in 2026 with our visa-free country guide. From Nepal's mountains to Sri Lanka's beaches and Bhutan's cultural charm, there is something for everyone. With flights starting at Rs 15,000, explore Vietnam's cities and indulge in local cuisine. History lovers can escape to Cambodia's ancient sites.
Bondada Engineering has received a work order worth Rs 391.38 crore from NTPC Green Energy for the construction of a 300 MW solar power project in Uttar Pradesh. The company's order book stands at Rs 4,137 crore, with a 149% YoY profit growth in FY25. In Q2 FY26, the company's revenue and profit have also seen significant growth.
Niger has imposed a ban on issuing visas to US citizens in response to Trump's expanded travel ban. This decision reflects a diplomatic stance focused on safeguarding national sovereignty and signals a shift in Niger's foreign policy. The ban comes after Trump added 20 more countries to the list, including Niger, citing security concerns.
When people talk about the richest Indian-origin leaders in global tech, names like Satya Nadella and Sundar Pichai usually come up first. Both run some of the world’s biggest companies and are among the most recognisable faces of Silicon Valley.
Bollywood icon Salman Khan is celebrating his 60th birthday on December 27 with a big sale at his fashion and lifestyle brand, Being Human Clothing. The brand is also showcasing an exclusive artwork at their pop-up store as part of their 'Cake Fake B'Day For Real' campaign, promoting authentic and energetic birthday celebrations.
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Dilip Buildcon has secured two new projects worth Rs 5,250 crore in Bihar and Karnataka. The projects include a Rs 3,400 crore road project in Bihar from Adani Road Transport and a Rs 1,850 crore power transmission project in Karnataka, after the company emerged as the successful bidder selected by REC Power Development and Consultancy.
"New Year 2026 resolutions: Despite a high failure rate of 92%, there are ways to increase the chances of success. Psychology-backed resolutions, such as setting specific goals and incorporating micro-habits, can help beat the odds. Avoid vague resolutions and try quantifying your progress and incorporating mindfulness, gratitude, and healthy habits into your daily routine.
Defence stocks, particularly Bharat Electronics and Hindustan Aeronautics, are performing well in the current market with positive earnings revisions. Other sectors with positive revisions include oil and gas, telecommunications, and public sector banks. Despite concerns about GDP growth, Motilal Oswal predicts healthy earnings growth due to government measures.
E to E Transportation Infrastructure, an SME IPO, aims to raise Rs 84.22 crores through a fresh issue of 0.48 crore shares. The IPO price band is Rs 164-174 per equity share and the issue closes on December 30. The funds will be used for working capital and general corporate purposes, with allotment and listing expected on December 31 and January 02.
Leonardo DiCaprio's stepmother Peggy, a Sikh, has been seen at awards ceremonies with the actor. In a recent interview, DiCaprio spoke about his close relationship with his family, including his stepmother and father. Brad Pitt mistook DiCaprio's parents for background artists during the filming of Once Upon a Time... in Hollywood, leading to a funny moment.
UK anti-disinformation campaigner Imran Ahmed, with a Green Card and permanent residency, is fighting deportation from the US after being targeted for curbing free speech. The State Department is denying visas to him and four others linked to tech regulation, but a judge has temporarily blocked his detention and a hearing is set.
Americans could be heading toward the biggest tax refund season the country has ever seen, according to Treasury Secretary Scott Bessent. Speaking on the All-In Podcast on Tuesday, Bessent said the law’s retroactive tax changes could lead to refunds of around "$1,000 to $2,000" for many households when they file their taxes next year.
Apollo Micro Systems has secured new orders worth Rs 100.25 crore for supplying UAS to a private company, to be delivered to the Ministry of Defence within four months. The company on December 9, also said it will invest Rs 1500 crore in a new facility in Telangana for producing missile warheads, rocket motors, and ammunition.
Motilal Oswal's report reveals a change in the earnings trend in corporate India, with upgrades in certain areas after a period of downgrades. They have identified potential midcap and small cap stocks in sectors such as Oil and Gas, Telecommunications, and Non-Banking Financial Companies for 2026.
Elon Musk's DOGE department, aimed at reducing government spending, was shut down 8 months earlier than planned. However, a report revealed that federal spending increased by 6% instead of decreasing. DOGE's promise of $2 trillion in savings was significantly lowered to $150 billion, with many reported savings being false. The department's downsizing efforts led to job cuts and agency closures.
Since returning to the White House, Donald Trump has been locked in one legal fight after another. From freezing Harvard’s funding to reducing the Education Department by half, tightening immigration rules, cutting federal money, and firing top officials, his second term has triggered a wave of lawsuits across the US.
Indian indices opened trading session with a negative bias, as the NSE Nifty 50, BSE Sensex, and Bank Nifty all opened lower. Small and mid-cap stocks also opened in the red. Kotak Securities' Head of Equity Research advises level-based trading, with 26,250 as a crucial resistance zone and 26,100 as immediate support. Early gainers included Bharat Electronics, Coal India, and Dr Reddy's Lab.
In a time when layoffs and cost-cutting dominate business news, one factory owner in Louisiana became a real-life Santa for his employees. As reported by The Wall Street Journal, Graham Walker didn’t just walk away richer after selling his family-run manufacturing company. He made sure the people who helped build it walked away with their lives changed for good.”
Gold and silver reached record highs, driven by safe-haven demand and expectations of further US interest rate cuts next year. Platinum and palladium also saw an increase. Gold rose 0.5% to $4,502.75 per ounce, while silver jumped 3.4% to $74.35 per ounce. The US dollar remained low and gold has had a strong rally this year. Silver has gained 158% and platinum jumped 5%.
Gujarat Kidney IPO allotment and listing dates have been announced. The issue was open for subscription from December 22-24, with a price band of Rs 108 to Rs 114 per share. Here's a step by step guide to check your allotment status online. The overall subscription stood at 5.21 times, with Retail Investors oversubscribing by 19.04 times.
Shivank Awasthi, a 20-year-old Indian doctoral student, was fatally shot near the University of Toronto Scarborough campus. The police are investigating the case as a homicide and have released his image as part of the investigation. India's Consulate in Toronto expressed deep anguish over his death and is providing assistance to his family.
A routine visa interview turned into a tense moment for Gauri Gupta, a San Francisco-based tech entrepreneur, before being resolved thanks to a popular Indian instant delivery service.
Silver has reached an all-time high, but financial expert Robert Kiyosaki believes it is just the beginning. He advises readers to do their own research and start small to increase wealth. Other experts also predict a positive performance for silver in the future, with some even suggesting it may outperform gold. Investing in silver on a smaller scale and spreading out.
President Donald Trump said on Thursday that the United States carried out a deadly military strike against 'Islamic State terrorists' in Nigeria. He stated that the action was taken in response to the group’s attacks on and killings of Christians in the country.
Fintech startups, including Aye Finance, InCred Holdings, and PhonePe, are preparing to go public in 2026, along with other companies like Innoviti, PayNearby, and Niyo. This reflects the stable funding environment and a shift towards profitability and long-term growth. Ze and other startups are also expected to join the trend of dominating the IPO market.
The 2025 SBS Gayo Daejeon's one-day music festival featuring K-pop greats like NCT's Taeyong, NCT DREAM, Stray Kids, LE SSERAFIM, IVE, ATEEZ and more concluded on X-mas Day. However, the year-end celebrations are far from over as there are at least 8 more musical festivities and awards ceremonies yet to kick off.
In 2025, the Indian stock market experienced mixed results as the secondary market faced challenges while the primary market flourished. Despite modest gains in benchmark indices, the primary market saw a record-breaking amount of IPO fund-raising, with 103 companies raising Rs 1.8 lakh crore.
India's exports are expected to reach $850 billion in 2025-26, with goods exports staying flat and services exports increasing to $400 billion. The US and EU pose challenges with tariffs and carbon taxes, but India is diversifying to other markets. The focus for growth will be on upgrading product quality, moving up the value chain, and lowering costs in electronics, engineering, and textiles.
Several bank-owned brokerages, such as HDFC Securities, SBICap Securities, and Axis Securities, have reduced their broking charges for equity and derivatives transactions to match those of discount brokers, with some even eliminating account-opening fees. Kotak Securities charges the lowest at Rs 10 for intra-day and F&O orders.
In November, engineering exports from Europe, China, and Southeast Asia increased by 23.7% to $11.01 billion. The US, the top market, saw an 11.4% growth. Sri Lanka, Vietnam, and Spain had the highest growth rates, while Italy, UK, and Germany were major buyers. The sector's growth surpassed overall merchandise exports, emphasizing its strength and importance.
Indian domestic airlines are anticipating a significant rise in aircraft deliveries in 2026, adding 130-140 planes to their fleet. This will enhance services and extend their reach to remote areas. The increase in deliveries follows a slower year in 2025 due to supply chain disruptions. The addition of more aircraft is expected to alleviate capacity shortages and boost regional connectivity.
India's foodgrain and horticultural output continued to rise in 2025 due to good monsoon and government measures such as cash transfers, crop insurance, and guaranteed purchase at remunerative prices. However, liberalized imports and higher production have kept farmgate prices low, causing rural income to stagnate.
The Navi Mumbai International Airport has officially opened, providing much-needed capacity to the Mumbai Metropolitan Region's aviation network. IndiGo operated the first arrival and departure, with 15 scheduled departures for the day. The airport can handle up to 24 daily departures to 13 destinations and will operate for 12 hours a day.
Pennsylvania's 'Money Match' program, launched in 2024, is returning over $22 million to nearly 100,000 residents through automatic cheques for unclaimed property up to $500. Treasurer Stacy Garrity clarified that these are legitimate payments from dormant bank accounts, uncashed checks, and rebates. However, manual claims are still required for larger amounts or complex cases.
Zepto, a fast-growing quick commerce platform in Bengaluru, will file its DRHP on December 26 through a confidential route. This makes it one of India's youngest startups to go public, just 6 years after its inception. With a recent private funding round valuing it at $7 billion, Zepto's IPO pricing is yet to be revealed. Its listing will place it among top startups in India.