Prism, the parent company of OYO, has filed confidential papers with SEBI for an IPO worth up to Rs 6,650 crore. The IPO would value the company at $7-8 billion, making it one of the largest by an Indian startup. OYO reported its first profitable year in FY24 and has expanded into the premium segment with Sunday Hotels. SoftBank is its largest shareholder with a 40.3% stake.
The government's decision to impose safeguard duties on non-alloy and alloy steel flat products has led to a rise in shares for JSW Steel and Tata Steel. This move aims to stabilize domestic steel prices and boost profitability for steel makers, but may result in increased costs for industries like automobiles.
In 2026, artificial intelligence will dominate the consumer technology landscape, driven by low-cost smartphones, vernacular language support, and widespread 5G access. This will lead to the rise of AI companions, hyper-personalized shopping, AI tutors, and voice-first interfaces, as well as everyday health and wellness optimization.
The 2025 KBS Drama Awards paid tribute to Lee Soon Jae and awarded Ahn Jae Wook and Uhm Ji Won with the Grand Prize for their performances in Eagle Brothers. Lee Young Ae and Kim Young Kwang were named Best Actress and Best Actor, and Pump Up the Healthy Love and Splendid Days were recognized as top dramas. The event was hosted by Jang Sung Kyu, Nam Ji Hyun, and Moon Sang.
The Indian government has banned Nimesulide above 100 mg in tablets and syrup due to safety concerns, following a recommendation from ICMR. The drug has shown a CAGR of 8.4% in the past three years and is sold by multiple pharma companies. This decision has sparked controversy as it may harm businesses.
On the first day of the new year,Ā Zohran MamdaniĀ will step into office as New York Cityās next mayor, with many firsts to his name.Ā The 34-year-old Democrat is not only the youngest (in over a century) mayor of the New York City, but also the first Muslim, first Indian-origin, first South Asian to be seated at the post.
Indian exporters are facing a price cut of 15-22% on their products due to the implementation of the Carbon Border Adjustment Mechanism (CBAM) by the EU. This tax will initially affect iron, steel, aluminium, fertilizers, cement, electricity, and hydrogen. While EU-based importers will pay the tax, Indian exporters will ultimately bear the cost, leading to higher compliance costs.
The Centre's fiscal deficit has reached 62.3% of the annual target, driven by increased capital expenditure and a decline in net tax revenues. Analysts predict that higher non-tax revenues and savings in revenue expenditure can help offset the potential shortfall in tax receipts.
Zohran Mamdani, NYC's youngest and first Muslim Mayor, will be sworn in on January 1, 2026. His unconventional choice of location, an abandoned subway station, symbolizes a new era for the city. Mamdani is humbled by the opportunity to lead millions of New Yorkers and continue the city's legacy of greatness. He will succeed outgoing Mayor Eric Adams.
USPS is updating its postmark process to show the date envelopes are processed by machines, which may delay important mail like tax returns and bills. This change is part of the 'Delivering For America' initiative to modernize infrastructure for declining paper mail and growing packages. To avoid penalties, mail time-sensitive items early or request a manual postmark.
Israel and India are set to launch official rounds of negotiations on their free trade agreement in January. The talks will focus on structuring the negotiations and growing bilateral trade, with the goal of reaching $100 billion in goods trade by 2030.
Spiritual leader Devkinandan Thakur raised concerns about Kolkata Knight Riders purchasing Bangladeshi player Mustafizur Rahman for a whopping Rs. 9.20 crore amid targeted killings of Hindus in Bangladesh. Thakur warned KKR management to remove the player or face consequences, citing his alleged love for Pakistan and those who hurt Hindus.
Mumbai and its suburbs experienced a 14-year high in property registrations, generating Rs 13487 crore in revenue. December 2025 saw a 16% YoY increase in registrations and 11% YoY rise in stamp duty collections. The luxury segment flourished, but affordability issues impacted properties under Rs 1 crore.
The 2025 SBS Drama Awards, co-hosted by Shin Dong Yup, Chae Won Bin, and Heo Nam Jun, celebrated a new era for K-dramas. The Taxi Driver 3 cast stole the spotlight on the red carpet and eight actors were unexpectedly awarded Best Newcomer. Fans were shocked and shared their thoughts on social media as the winners, including Cha Woo Min, Kim Mu Jun, and Kim Dan, were announced.
Warren Buffett's 6-decade leadership at Berkshire Hathaway will end in 2025, prompting a review of their India investment. Their only investment in India, Paytm, resulted in a loss of Rs 630 crore despite their disciplined approach. They sold out within 5 years and while Paytm's stock has not reached its issue price, it has shown a positive year-to-date return.
BCCI has revealed the 15-member squad for the Under-19 Men's Cricket team, led by Ayush Mathre, for the upcoming ICC World Cup in Zimbabwe. The tournament will host 16 teams, with India placed in Group B alongside New Zealand, Bangladesh, and the United States. The team, with five previous championships, is determined to reclaim the title after losing to Pakistan in the Asia Cup final.
As the new year approaches, it's a time to let go of the past and embrace new beginnings. People gather to celebrate and wish for happiness, success, and growth. Let's welcome the new year with optimism and create lasting memories with loved ones. Wishing for a peaceful and fulfilling year ahead. Happy New Year 2026!
Come March 2026, Semaglutide the blockbuster ingredient behind Ozempic loses its patent.
That could slash prices by 50%, bringing monthly treatment costs down to ā¹4,000āā¹6,000.
According to Elara Securities, this will unleash a ā¹10,000-crore opportunity in Indiaās pharma market.
The Big Four racing ahead? Sun Pharma, Lupin, Torrent, and Intas all with strong diabetes and metabolic drug portfolios.
The Noida International Airport at Jewar, India's largest and UP's fifth international airport, will launch in January. It will cover 13,000 hectares with one runway, expanding to 11,750 acres and five runways in the future. It is a key driver of growth for Western UP and will create 5,000+ jobs.
Bharat Forge has been awarded a contract worth Rs 1,661.9 crore by the Ministry of Defence to supply over 2.5 lakh Close Quarter Battle (CQB) carbines to the Indian Army. The company will be supplying 255,128 carbines over the course of five years, and the contract is confidential in nature. The CQB carbine are firearms jointly developed by DRDO and Bharat Forge.
Indian equity market sees smart rally on last day of 2025, Nifty 50 and Sensex surge almost 1%, led by oil & gas and banking majors. Reliance Industries is the biggest mover, contributing 52.5 points alone. Nifty IT is the only sectoral index trading in the red, while India VIX falls 1.5%. 3 main reasons for the rally: 3-year safeguard duty on steel imports, optimism for Q3 earnings.
Salman Khan reveals new look for Battle of Galwan, a film inspired by India-China clash. Set to release on his 60th birthday, the film has sparked controversy and Salman is earning Rs 110 crore. Co-stars Chitrangda Singh and Govinda also receiving hefty paychecks. Not a biopic, but based on real events.
Motilal Oswal maintains a Buy rating and sets a target price of Rs 3,145 for Ajanta Pharma due to its plans for expansion and product enhancement. The company is expected to outperform the industry with its strong MR presence and shift towards a chronic-focused portfolio. The partnership with Biocon and potential earnings growth in FY27 are also seen as significant drivers.
Global brokerage JP Morgan sees massive hidden value in Grasim Industries, calling it a ābuy one, get four freeā stock.
The report says investors are overlooking Grasimās fast-growing Birla Opus paints, chemical division, and digital B2B platform (Birla Pivot), turning the Aditya Birla Group flagship into a multi-billion empire waiting for revaluation. Read more to find the target price.
Indian equities remain muted on last trading session of the year with Nifty 50 hovering around 26,150 mark and BSE Sensex trading near 85,300, while individual stocks show sharp moves due to contracts, regulatory changes, and corporate actions. Vodafone Idea jumps to record high amid expectations of AGR relief, steel stocks rise on safeguard duty announcement.
The 2025 SBS Drama Awards will honor the accomplishments of the South Korean TV industry and provide a glimpse into the future. Hosted by Shin Dong Yup, with Chae Won Bin and Heo Nam Jun, the event will showcase the top 5 TV series of 2025, such as Love Scout and Taxi Driver 3. Expect star-studded presenters and performances, including NCT WISH.
The 2025 KBS Drama Awards will take place today, with much anticipation over who will receive the Grand Prize. Hosted by Jang Sung Kyu, Nam Ji Hyun, and Moon Sang Min, the event will feature the trio's chemistry as leads in the upcoming drama To My Beloved Thief. Last year, the late actor Lee Soon Jae won the Grand Prize at 90 years old. Tune in to KBS 2TV for the live broadcast.
Delivery app and gig workers in India have gone on strike on New Year's Eve to protest against low pay, lack of insurance, and unsafe working conditions. This follows a successful strike on Christmas Day and aims to address key issues such as fair pay and transparency. The unions have sent a list of demands to the Union Labour Ministry, emphasizing the importance of these issues.
New York City Mayor-elect Zohran Mamdani announced on Tuesday that he is appointing Ramzi Kassem as the cityās chief counsel, the top legal position in the city. Mamdani is set to take office on January 1, 2026.
A tragic incident occurred in Uttarakhand's Chamoli district where two loco trains collided at the THDC hydropower project area. 109 people were onboard, out of which 60 were injured and 42 were admitted to the district hospital. 17 people were admitted to Pipalkoti's Vivekananda Hospital. The Chief Minister of Uttarakhand, Pushkar Singh Dhami, described the incident as "painful" .
Salman Khan's film, Battle of Galwan, has caused controversy for its portrayal of the Galwan Valley clash. China's state-run newspaper has criticised the film for being exaggerated and one-sided, accusing India of provoking the clash. Chinese experts say that the film's nationalistic tone will not impact the "sacred territory".
Bengaluru's traffic has been a major issue for residents, causing mental and physical strain. Leaving the city has brought relief for many, including a software engineer who noticed an improvement in her health and productivity after moving to Hyderabad. She listed the draining factors of Bengaluru and praised the calmer environment of Hyderabad.
"Get ready for a guilt-free New Year's Eve party with these quick and easy protein-packed snacks. From tandoori paneer skewers to chicken lettuce cups and roasted chickpeas, these recipes will satisfy your cravings without ruining your diet. Plus, add some inspiration to your celebration with quotes for a positive start to 2026. Cheers to a new year and healthy snacking!"
Rishad Premji, Executive Chairman of Wipro, commemorated the company's 80th anniversary with a heartfelt post on X. Founded in 1945, Wipro has been a part of India's history. Premji shared the original Certificate of Incorporation and expressed his gratitude for being a part of the legacy. Wipro's recent acquisition of HARMAN DTS has added 5,600 employees and boosted its AI capabilities.
India has implemented a three-year import tariff on specific steel products, beginning at 12% and decreasing to 11%, to combat inexpensive imports from China, Vietnam, and Nepal. The measure, suggested by the Directorate General of Trade Remedies, excludes specialty steel and developing countries, due to a rise in imports harming the local industry.
Indian equity indices opened positively in the last trading session of the year, with Nifty 50, Sensex, and Bank Nifty all higher. Small and mid-cap stocks also opened in the green. The upcoming days will be eventful, with Q3 results, budget expectations, and global news being crucial. Traders should follow a stock-specific approach. The Nifty index is still trading.
Nikki Haleyās son, Nalin Haley, is back in the spotlight, this time for launching a sharp and very public attack on Vivek Ramaswamy, who is running for governor of Ohio. Nalin, who has been vocal about backing the āAmerica Firstā mood, went after Ramaswamy in a series of posts on X, accusing him of being fake, opportunistic, and dishonest about his political beliefs.Ā
UGC NET December 2025: NTA conducts the first step of the admission process for Indian universities for a Junior Research Fellowship (JRF), an Assistant Professorship, or a PhD. The Computer-Based Test (CBT) will be held in two parts, with strict guidelines to ensure fairness. Candidates must bring important documents, follow a dress code, and not bring any electronics devices.
US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu met at Trumpās Mar-a-Lago resort in Florida on Monday, suggesting a strong partnership as tensions in the Middle East continue.
The finale of Stranger Things Season 5 is finally here, with a trailer featuring the epic showdown between Eleven and Vecna. As the series ends in 2026, fans are eager to see the outcome of the battle against the Mind Flayer and the Upside Down. The 125-minute finale promises to answer all questions and bring an end to the beloved series.
People who use their personal cars for work will be able to claim a bigger tax break in the new year. The Internal Revenue Service has announced that the standard mileage rate for business driving is going up.
A Republican lawmaker from Florida has floated the idea of introducing a bill that would temporarily stop immigration into the United States. The move, often called an immigration moratorium, would pause new entries while the government reviews the system.
The 2025 Asian Pop Music Awards (APMA 2025) winners were announced on December 30. K-pop superstar Jennie received nine nominations and won five awards, solidifying her position as a soloist. G-Dragon and Lay Zhang followed with four wins each, while Jackson Wang earned three trophies. Other big winners included BLACKPINK's Rose, BTS' Jin, SEVENTEEN, TWICE, and Lady Gaga.
Yoo Jae Suk, Korea's 'National MC', won the Grand Prize at the 2025 MBC Entertainment Awards, but unfortunately lost out on the Daesang at the 2025 SBS Entertainment Awards. Despite this, he received multiple awards and was named the 'Face of SBS' by AI. Other winners included Lee Chae Yeon, Yoo Yeon Seok, and Lee Seo Jin. Lee Sang Min was crowned the Daesang winner.
India's growth outlook is positive as both global and domestic institutions have upgraded their assessments for the current financial year. The Reserve Bank of India has revised its GDP growth projection for FY26 upwards and international agencies are also optimistic.
Lee Sun Bin and Kim Sung Joo hosted the 2025 MBC Drama Awards, honoring MBC's K-drama titles from the past year. Seo Kang Joon's Undercover High School won multiple awards, including Daesang, and gained popularity in India for its resemblance to Main Hoon Na. The ceremony also honored the late Lee Soon Jae.
Despite a general slowdown in venture capital investments, AI-focused startups have seen a 60% increase in funding, indicating the sector's resilience and high demand for AI solutions. Series A and B rounds have received a significant share of investments, with Uniphore securing the largest round at $260 million.
Harmanpreet Kaur, the Indian cricket team captain, fulfilled her destiny by leading her team to victory in the World Cup against South Africa at the DY Patil Stadium. Her passion for the sport was evident from a young age, and after years of heartbreak and near misses, she finally lifted the trophy.
Indian IT industry is gearing up for an AI-driven future to maintain its global dominance. Nasscom president predicts AI to dominate by 2026 with increased budgets and widespread adoption. The sector is shifting towards next-gen technologies like generative AI and cybersecurity. Indian startups are also making strides in building sovereign AI capabilities.
The upcoming budget is expected to see a significant increase in budget allocation for the Digital Agriculture Mission, launched last year with a budget of Rs 2,817 crore. The mission aims to improve crop estimation, delivery of welfare schemes, and build infrastructure for farmers through a digital platform.