Rupee breaches 90-mark against dollar; falls 25 paise to close at all-time low of 90.21
The Hindu
The rupee hits an all-time low of 90.21 against the dollar amid foreign fund outflows and rising crude oil prices.
Foreign investors withdrew ₹11,820 crore from Indian equities in December, totaling ₹1.55 lakh crore in outflows for 2025.
DGCA issues showcause notice to IndiGo CEO Pieter Elbers over flight cancellations, demanding response within 24 hours.
With the number of participants for Olympic Games growing by the year, Italian firm Technogym is planning to expand it’s presence in India through it’s products and services.
Horizon Industrial Parks, a Blackstone entity, in a span of four years has emerged as one of the largest industrial and logistics developers in South India, building a strong footprint to support the economic growth in the region.
The Indian stock market with weak dollar returns has had 90 mainboard IPOs in 2025 so far. The momentum of this number, has, however been staggered.
Biocon plans to merge Biocon Biologics, acquiring remaining stakes for $5.5 billion, enhancing its global biosimilars and generics portfolio.
U.S. Deputy Trade Representative Rick Switzer leads a team to India December 10-12 for tariff discussions on a trade agreement.
Finance Minister announces customs simplification as a key reform in the upcoming Budget, aiming for greater transparency and efficiency.
IndiGo cancels over 1,000 flights, faces crew shortages, and receives government exemptions as air travel chaos ensues across India.
Fino Payments Bank receives RBI approval to transition into a Small Finance Bank, marking a significant milestone in its evolution.
Lok Sabha passes Health Security se National Security Cess Bill, 2025, imposing a 40% tax on pan masala for public health funding.
Adani and Hindalco are exploring investments in Peru's copper sector to meet India's rising demand for copper.
India is negotiating with eight nations to expand UPI payment acceptance, enhancing digital transactions for Indian tourists abroad.