The government's decision to lower basic custom duty on crude palm, soybean, and sunflower oils to 10% is expected to boost domestic processing and limit imports of refined oils. This move will benefit oil refiners and consumers by lowering local prices. However, the duty on refined oils remains unchanged at 32.5% despite recent price increases and high inflation.
The Franklin India Flexi Cap Fund, launched in 1994, has consistently delivered impressive returns over the last 31 years. With assets of Rs 20,000 crore, the fund has rewarded disciplined investors across market cycles. A lump sum investment of Rs 10,000 has grown to nearly Rs 17 lakh, while a monthly SIP of Rs 2,000 has become around Rs 3.5 crore.
The National Company Law Tribunal has given the green light to Vedanta's demerger scheme, which will divide the group into sector-specific companies. Despite objections from the Ministry of Petroleum and Natural Gas, Vedanta believes the move will lead to independent entities and has followed all regulations.
The Ministry of Heavy Industries has launched a new PLI scheme to boost the production of sintered rare earth permanent magnets. It offers a sales-linked incentive and capital subsidy, along with guaranteed access to raw materials. The scheme will run for seven years and is open to companies with a minimum net worth. The target is to achieve 6,000 MTPA.
Private credit deals are predicted to hit $13 billion by 2025, rising by 35% annually, mainly due to a major transaction by the SP Group. Excluding this, the market saw only a 2% growth. The energy and infrastructure sectors are driving demand, while balance-sheet repair and ownership consolidation are the primary uses of funds.
ICICI Prudential Asset Management's IPO received bids worth Rs 3 lakh crore, making it the fourth most-subscribed public issue in India. The Rs 10,600-crore IPO was subscribed 39.17 times, led by institutional buyers. Market experts are closely watching the AMC's debut on the bourses, especially since LG Electronics gained 50% on its listing day.
Ola Electric founder Bhavish Aggarwal has sold a 0.6% stake in the company, amounting to 26 million shares and a transaction value of ₹92 crore. Aggarwal's stake in the company now stands at 30.02%, equivalent to 1.32 billion equity shares.
Delhi HC has asked DGCA to respond to a contempt plea filed by Indian Pilots Guild for violating CAR 2024 framework by granting extensions and relaxations in pilot fatigue management rules. DGCA argues that it has statutory powers to grant temporary exemptions, but petitioners claim that it has undermined flight and passenger safety.
Indian equity markets fell by 0.64% on Tuesday due to weak global cues and the rupee's sharp depreciation. The Sensex closed at 84,679.86, down by 0.63%, while the Nifty ended below 26,000 at 25,860.10. Despite the decline, Indian markets fared better than other major Asian markets. The rupee's record low and persistent FPI outflows were major factors. Experts predict volatility due to currency
Reliance Consumer Products has reintroduced the 75-year-old SIL food brand, which they acquired earlier this year. This move marks their entry into the Indian FMCG market with a new range of noodles, jams, ketchups, sauces, and spreads. The company plans to invest in other legacy FMCG brands and create a diverse and affordable foods portfolio.
Sectoral and thematic funds have become popular, with a 130% rise in assets and 15% contribution to total equity AUM. However, their performance has been lower than the market due to poor timing and volatility. The increase in schemes is due to SEBI rules. Experts advise experienced investors to have a core portfolio and consider these funds with caution.
The Indian rupee has hit a record low of 91 against the dollar due to delays in the India-US trade deal and foreign outflows. Experts doubt that RBI's interventions will be sufficient to support the rupee, and importers are panic-buying. Despite some positive trade data, the rupee remains weak.
The government is set to overhaul the Gross Domestic Product (GDP) series by adopting the COICOP 2018 for compiling private final consumption expenditure. The new series, to be released on February 27, aims for greater accuracy and international comparability.
Priya Kapur has objected to the forensic examination of Sunjay Kapur's alleged Will, citing irregularities and inconsistencies. Karisma Kapoor's children had also questioned the authenticity of the Will, calling it 'forged and fabricated'. The Will's executor, Shradha Suri Marwah, amended her statement regarding who she received the Will from.
The government has revised the PM Internship Scheme (PMIS) to attract larger companies, but the response has been low, with only 73 new companies joining in the second round. The eligibility criteria now includes companies with a turnover of Rs 1,000 crore or networth of Rs 500 crore. The scheme aims to provide internships to 10 million people with a monthly stipend of Rs 5,000.
India has challenged the EU's safeguard measures on imports of ferro alloying elements, such as silicon and manganese, and has requested consultations to resolve the dispute. If talks fail, a panel of experts may be called upon to settle the case. This issue arises amidst ongoing negotiations for a free trade agreement between the two parties.
Saregama India has announced a ₹325-crore investment in Bhansali Productions, securing a deep partnership that combines Sanjay Leela Bhansali's storytelling skills with Saregama's expertise in music and entertainment.
Saregama India has invested Rs 325 crore in Bhansali Productions, securing exclusive rights to all future film music and shifting towards partnership-led content creation. This strategic partnership will also streamline Saregama's in-house film production activities.
IAMAI raises concerns over DoT's SIM-binding directions, stating that it goes beyond the scope of the Telecommunications Act and could disrupt digital communication services. The industry body also highlights that OTT services are not covered under the Act and are governed by the Information Technology Act.
Tucked away in the lush village of Assegao, Abhay Deol’s Goa home is a striking glass structure that blurs the boundary between nature and design. With sound bowls for meditation, amethyst clusters for energy, DJ equipment for creativity and artworks curated by the actor himself, the eco-friendly retreat reflects Deol’s unconventional choices both on and off screen.
Seven companies, including Yashoda Healthcare Services, Fusion CX, and Orient Cables, have received SEBI's approval to raise funds through IPOs. The companies are expected to raise a total of Rs 6,000 crore. Yashoda Healthcare plans to raise Rs 3,000-4,000 crore, while Turtlemint Fintech Solutions aims for Rs 1,000 crore. Fusion CX, Orient Cables, SFC Environmental Technologies, and Lohia
Sajid Akram, the 50-year-old gunman in the Bondi beach shooting, had limited contact with his family in India despite visiting six times after migrating to Australia. The attack, being investigated as an act of terrorism targeting the Jewish community, was Australia's worst mass shooting in 30 years. Akram's family in India had no knowledge of his radical mindset or activities.
Citroën India's sales have surged in the final quarter of 2025, driven by its Citroën 2.0 strategy which features updated models like the C3X, Basalt X, and Aircross X with advanced in-car assistant technology.
Finance Minister Nirmala Sitharaman introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, aiming to modernize India's insurance laws by allowing 100% FDI in insurance companies, strengthening IRDAI's powers, and improving governance and data protection.
Pidilite Industries is expanding its paints venture, Haisha, into the east from southern markets. They are focusing on rural and semi-urban areas and have seen growth in the business. They are taking a cautious approach to expansion and considering inorganic opportunities.
The wedding season in India has been profitable for retail jewellers, with high demand expected to continue next year. Despite a large number of weddings taking place, sales have remained strong, especially for modern bridal and diamond jewellery.
Google has pledged $8 million to support India's AI Centers of Excellence in health, agriculture, education, and sustainable cities. They will also work with AIIMS to improve healthcare through AI models and with NHA to convert medical records into a machine-readable format. The company is also investing in solar projects and supporting startups to promote AI adoption.
NBCC has received two work orders worth Rs 345 crore from IIT Mandi for planning, design, and development of academic blocks, housing units, and maintenance work. This is the second order in a week, following a Rs 289 crore order for civil construction at Nalco. In Q2, NBCC reported a 12% YoY profit growth and a rise in revenue to Rs 2,910 crore, but stock prices have fallen.
Kate Hudson, star of 'How to Lose a Guy in 10 Days', will receive the Costume Designers Guild's Spotlight award in 2026. The CDG announced their nominations for the 28th CDGA, with films like 'Sinners', 'One Battle After Another', 'Avatar: Fire and Ash' and 'Bugonia' among the titles nominated. Hudson humbly responded to the recognition, acknowledging the importance of costume design.
The iconic 90s war film Border is making a comeback with a star-studded sequel featuring Sunny Deol, Varun Dhawan, Diljit Dosanjh, and Ahan Shetty. The teaser, released on Vijay Diwas, offers a glimpse into the characters and their personal lives, along with intense action and patriotism.
BEML, a defence PSU, received a Rs 110 crore order from the Ministry of Defence for Engines. In December, the company secured orders worth over Rs 571 crore, including one for manufacturing Switch Rail Grinding Machines for Indian Railways and supplying additional trainsets for Bangalore Metro.
Vedanta received a positive ruling from NCLT for their demerger scheme, dividing the company into sector-specific entities. This decision was in favor of Vedanta despite previous worries about pending claims. The company's spokesperson expressed satisfaction, calling it a significant step in their transformation. The demerger plan includes four companies within Vedanta Group
Ranveer Singh's Dhurandhar has become a box office phenomenon, breaking records and receiving rave reviews despite controversies and a long runtime. The film is expected to be the highest grosser of the year, making Ranveer one of the most sought-after stars.
JM Financial, a domestic brokerage house, has reduced the target price for PI Industries by 3.5% and slashed EPS estimates by 4% for FY27-28. This was due to lower guidance from its Japanese partner, Kumiai, for pyroxasulfone sales in FY26. Analysts are concerned about the impact on PI Industries, as pyroxasulfone is a key product for the company.
Aamir Khan Productions announced a documentary on the parents of the little heroes of 'Sitaare Zameen Par', set to release on December 19. The trailer showcases the struggles and triumphs of raising children with disabilities, along with Aamir's bond with the cast. It highlights the need for inclusivity and celebrates the inner strength of both parents and children. It's release is set to clash with that of a big Hollywood number.
Bettina Anderson, a philanthropist and socialite, made headlines when her engagement to Donald Trump Jr. was announced at a White House event. The couple, who have been together for a year, were first seen in 2024 and recently attended a wedding in India. Anderson supports mental health and conservation causes, while Trump Jr. was previously married and engaged to other high-profile women.
Akhanda 2: Thaandavam, the highly anticipated Telugu film released on December 12, 2025, has been a huge success at the Box Office within just 4 days of its release. Starring Nandamuri Balakrishna, the sequel to Akhanda has received mixed reviews from critics but has managed to earn over Rs 80 crores worldwide in its opening weekend.
Tata Power plans to invest Rs 6,500 crore in a 10 GW wafer and ingot project and is in talks with states like Odisha, Tamil Nadu, and Andhra Pradesh for its location. This project is crucial for their solar manufacturing division, which currently has a capacity of 4.9 GW. The company is also looking into small modular reactor projects in the nuclear space.
Virat Kohli and Anushka Sharma visited spiritual leader Premanand at his Ashram in Vrindavan for the third time this year. In a viral video, the couple can be seen listening to the guru's advice on humility and devotion.
The Indian government plans to sell a 10% stake in GIC to meet market regulations. They have already sold 3.4% and currently own 82.4%. Officials met with investors in London to gather feedback. India aims to raise Rs 47,000 crore through stake sales and asset monetisation.
Football star Lionel Messi arrived in Delhi for the final leg of his GOAT India Tour, while the city was experiencing severe pollution levels. When Delhi CM Rekha Gupta entered the stadium to share the stage with Messi, the crowd started chanting “AQI, AQI” in reference to the city's air quality.
Australian authorities confirm Bondi Beach mass shooting as terrorist attack by father and son inspired by ISIS. No regard for victims' age or ability, sole intention to increase death toll. Investigation reveals ISIS flags, explosive devices, and overseas travel. 15 dead, 25 injured. Calls for stricter gun laws and tributes to victims.
JM Financial has a positive outlook on TBO Tek, a luxury travel company, citing its strong global partnerships and expanding presence in the luxury travel sector. With a Buy rating and target price of Rs 1,920, the brokerage predicts a 15% potential upside. TBO's strategic partnerships with top airlines, hotels, and travel advisors differentiate it from rivals.
James Cameron, the renowned Hollywood filmmaker, has reached billionaire status with a net worth of $1.1 billion. His highly anticipated film, Avatar: Fire and Ash, is projected to earn over $2 billion, cementing his success from blockbuster hits.
Meesho's stock price has been on a roll, rallying 13.3% and rising 74.3% from its issue price. This surge has also led to a sharp increase in the personal stake of co-founder Vidit Aatrey, making him a billionaire. The IPO was subscribed 79.02 times, with the non-institutional investors receiving 38.15 times the subscription. Going forward, profitability will be a key factor to watch for Meesho.
Rob Reiner, a renowned actor and filmmaker, and his wife Michelle were found murdered in their home. In a disturbing twist, President Trump made insensitive remarks about Reiner's death, causing widespread condemnation from celebrities and lawmakers. Trump's comments have been labelled as unacceptable and disrespectful.
Delhi's air quality has improved slightly, with 11 out of 40 monitoring stations reporting "severe" pollution levels and 27 falling in the "very poor" category. The city was in the "severe" category for three days. The overall AQI has improved to 337, but some areas are still highly polluted. Delhi has the worst air quality among major cities, while Hyderabad has the best.
Brothers and nightclub owners Saurabh and Gaurav Luthra were deported from Bangkok and taken into custody by Goa Police upon their arrival in Delhi. They will be produced before a Delhi court for a transit remand before being brought to Goa for investigation in connection with a deadly fire. Documents contradict their involvement in the business and they had fled to Thailand immediately after.
Bajaj Auto, a top Indian two- and three-wheeler manufacturer, is struggling in the domestic motorcycle market despite success in exports and electric vehicles. Motilal Oswal maintains a neutral rating with a target price of Rs 9,070 per share. Bajaj plans to regain market share with new launches and restructuring, while also focusing on EV and three-wheeler markets.
A GoFundMe campaign has raised almost $2 million for Ahmed Al Ahmed, a Syrian refugee who tackled and disarmed one of the attackers in the Bondi Beach shooting. The brave act was captured on video and has received recognition from US President Trump and billionaire Bill Ackman. The shooting, which claimed 15 lives, is being hailed as a heroic act and is still under investigation by police.
The IPL auction 2026 is set to be a highly competitive event, with franchises ready with their strategies to secure key players. Overseas all-rounder Cameron Green is expected to be one of the most expensive buys. Power hitter Liam Livingstone, death-overs specialist Matheesha Pathirana, Indian spinner Ravi Bishnoi, and young wicketkeeper-batter Jamie Smith are also likely to attract big money.