News Digest
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Rupee weakens to fresh record low of 91.01 as unprecedented decline continues
The rupee is Asia's worst performing currency in 2025, declining 6% against the US dollar, as 50% US tariffs weighed on India in absence of a trade deal.
Tesla board made $3 billion via stock awards that eclipsed tech peers
The analysis found CEO Elon Musk’s brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held or liquidated
HDFC Bank gets RBI approval to acquire up to 9.5% stake in IndusInd Bank
RBI has mandated that HDFC Bank acquire a major shareholding in IndusInd Bank within one year of the approval, failing which it will be cancelled.
OpenAI hires veteran Google executive as corporate development VP
OpenAI on Monday confirmed that it has appointed Albert Lee, senior director of corporate development at Google
Rupee rout vs US dollar dims hopes of a strong recovery in Indian stocks
A sliding rupee vs dollar benefits technology, pharmaceutical and metal stocks, but hurts banks, energy/power and infrastructure companies, analysts say.
Why were IndiGo operations disrupted? | Explained
Why were there ‘planning gaps’ in rostering pilots for IndiGo flights? How many passengers were affected by the flight delays and cancellations? Why were the 2011 Flight Duty Time Limitations rules revised in 2019? Why did airlines such as Air India, Akasa, and SpiceJet not face any problems?
Analysts say a luxury eyewear giant could be the next AI winner
EssilorLuxottica's partnership with Meta to develop AI smart glasses is leading to significant growth for the Ray-Ban maker, Citi analysts said.
Realme Narzo 90, Realme Narzo 90x 5G Launching Today: Know Price in India, Features, Specifications and More
The Realme Narzo 90 5G and Realme Narzo 90x 5G are all set to be launched in India today (December 16). The handsets will arrive as the first members of the Realme Narzo 90 Series 5G in the country, with both models sporting distinct designs. Ahead of its much-anticipated India launch, here is all you need to know about the Realme Narzo 90 5G and Realme Narzo 90x 5G, including its expected price in India, key features, and specifications.
City distillery Khoday rejigs its positioning in alcobev industry, after remaining sober for over a decade
To invest ₹50 crore to expand its distillery off Kanakpura Road, scale up production facilities in other parts of the country
Senores Pharmaceuticals to acquire Apnar Pharma for enterprise value of ₹91 crore
The acquisition has been valued at an enterprise value of about ₹91 crore. Of this, around ₹76 crore comprises total debt and expected liabilities related to the manufacturing plant that will be taken over by Senores Pharmaceuticals, while the remaining about ₹15 crore will be paid in cash. Shares of Senores Pharmaceuticals Ltd ended at ₹817.00, up by ₹30.90, or 3.93%, on the BSE.
Webb Telescope Discovers Hidden Atmosphere on Molten Super-Earth TOI-561 b Despite Extreme Heat
NASA’s Webb Telescope detects a hidden atmosphere on ultra-hot super-Earth TOI-561 b, revealing gases above its molten surface, challenging previous assumptions about small planets surviving intense stellar radiation.
Astronomers Watch a Dormant Neutron Star Reignite After a Decade of Silence
Astronomers observed a neutron star known as P13 suddenly brighten after years of inactivity. The decade-long study shows how changes in accretion can drive extreme X-ray power, offering new insight into ultraluminous X-ray sources and neutron star physics.
GMR Airports handles over 11 million passengers in Nov 2025; Delhi, Hyderabad set new records
Delhi Airport handled 7.30 million passengers during November 2025, a year-on-year increase of 7.5%, recording its highest-ever monthly passenger traffic and aircraft movements. Shares of GMR Airports Ltd ended at ₹104.90, up by ₹0.56, or 0.54%, on the BSE.
Chinese Spacecraft Nearly Slammed Into Starlink Satellite, SpaceX Reveals
A Starlink satellite narrowly avoided a collision after a spacecraft launched by a Chinese rocket passed within 200 meters in orbit. SpaceX warned that the incident highlights growing safety risks caused by poor coordination as Earth’s orbital environment becomes increasingly crowded with satellites.
Power Grid Corporation bags inter-regional transmission project on BOOT basis
The project will be developed on a build, own, operate and transfer (BOOT) basis. POWERGRID said it received the letter of intent for the project on December 15, 2025. Shares of Power Grid Corporation of India Ltd ended at ₹262.15, down by ₹1.45, or 0.55%, on the BSE.
Clocks on Mars Run Faster Than on Earth, New Study Finds
New research shows time on Mars runs faster than on Earth by 477 microseconds per day. The variation poses challenges for astronauts, navigation, and creating interplanetary communication networks. Scientists say understanding Martian time differences is key for future missions and testing Einstein’s relativity.
Lemon Tree Hotels signs new 80-room property in Bandipur, Nepal
The key features of the hotel will include 80 well-appointed rooms, a restaurant and a bar, a banquet and meeting room, and recreational facilities including a swimming pool, a spa, and a fitness center. Shares of Lemon Tree Hotels Ltd ended at ₹161.28, down by ₹1.62, or 0.99%, on the BSE
Wednesday Season 3 Set for July 2027 on Netflix: Jenna Ortega Returns as the Iconic Addams Heir
Wednesday Season 3 is among the most anticipated upcoming OTT releases, with fans eagerly awaiting updates on filming schedules, cast reunions, and plot developments. The series has remained consistently in the spotlight due to its unique gothic style, strong performances, and engaging storytelling.
Increased demand for urea from farmers after good monsoons: FM elaborates on need for additional spending
Fertilizers make up 45% of the ₹41,455.39 crore of additional spending sought by the Ministry.
