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Saleem Ahmad assumes charge as RVNL chairman and managing director

Rail Vikas Nigam Limited said Saleem Ahmad has taken charge as its new chairman and managing director. He previously served as director (projects) at NBCC (India)

IFSCA eases norms for fund managers in GIFT City; approves new GIC rules

IFSCA has cleared relaxations for fund management entities in GIFT City, including KMP eligibility and PPM extensions, and approved new Global In-House Centres Regulations, 2025

GAIL signs MoU with Chhattisgarh for 12.7 LMT gas-based urea project

GAIL has signed an MoU with the Chhattisgarh government to undertake studies for a greenfield gas-based fertiliser project, including a 12.7 LMT urea plant along its MNJPL corridor

Tata Motors Finance settles Sebi matter for ₹32 lakh over NCD issue

Tata Motors Finance settled the Sebi matter for Rs 32 lakh over alleged violations tied to five Tier-II perpetual NCD issuances between 2019 and 2022

USISPF welcomes SHANTI Act as overhaul of India's civil nuclear framework

The US-India Strategic Partnership Forum says the SHANTI Act modernises India's civil nuclear regime, opens scope for private and foreign participation, and clarifies liability

SC admits Fada plea on GST compensation cess; issues notice to Centre

The Supreme Court has admitted Fada's writ petition challenging the non-transition of accumulated GST compensation cess credits under GST 2.0, and issued notice to the Union government

India regains favour, China slips to underweight allocation: BofA survey

BofA's Asia Fund Manager Survey shows India regaining a mild overweight as a diversification play against AI-led markets, while China slips to underweight on stalled momentum

Delhi HC keeps Powergrid tender ban on KEC in abeyance, allows bids

Delhi High Court has kept Powergrid's nine-month tender ban on KEC International in abeyance and allowed it to bid for ongoing projects, pending a fresh order by PGCIL

Stock brokers barred from distributing third-party lending products: NSE

The National Stock Exchange said stock brokers cannot distribute home, personal or vehicle loans, even if they are registered as research analysts, citing Sebi rules

We are still the world's most over regulated economy: Gurcharan Das

At BELF 2025 in Kolkata, author Gurcharan Das said India remains heavily over-regulated, called the 'tariff king' tag an insult, and urged the moment be used to push reforms

Human capital is the only appreciating asset in business: Arun Maira

Maira said that India's competitive advantage was its large number of employable human beings, many of whom were still not being decently engaged or employed

Sensex, Nifty gain on hopes of further Federal Reserve rate cuts

The US consumer price index rose 2.7 per cent year-on-year in November, below expectations of a 3.1 per cent jump

RBI's Board approves risk-based deposit insurance framework for banks

RBI Governor Sanjay Malhotra chaired the meeting

Brokerage firm Jefferies initiates Groww at 'buy'; stock jumps 12%

The brokerage firm has set a price target of ₹180, implying an upside of about 12 per cent from current levels. Shares of Groww are already up 61 per cent over their IPO price

SBI onboards 541 probationary officers as hiring drive continues

State Bank of India onboarded 541 probationary officers, taking a step towards its plan to hire 18,000 employees this financial year

Insurance amendment Bill strengthens Irdai: LIC chief R Doraiswamy

For LIC, the proposed legislative changes will help the company in strengthening its reach, leveraging technology at scale, and for universal insurance coverage

RBI likely made $30 bn intervention in FX market in Jun-Oct period

India's foreign exchange reserves stood at $703 billion in June 2025 but declined to $687.2 billion in the week ended December 5, as per the latest data released by the RBI

Bharti Airtel to call for nearly ₹15,741 crore tranche of rights issue

Board approves changes to SHA with Singtel; Gopal Vittal becomes executive vice chairman, Shashwat Sharma becomes MD and CEO from January 1

MCX fixes Jan 2 as record date for stock split; Swiggy, Waaree added to F&O

The initial public offering (IPO) of KSH Inter­national, a manufacturer of magnet winding wires, garnered only 83 per cent subscription thanks to a reduction in the offer-for-sale (OFS) component

Govt may consider partial waiver of Vi's non-principal AGR dues: CLSA

Brokerage says moratorium alone won't get No 3 telco out of the woods