News Digest
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Andhra allots land to Sagar Defence near Nellore for autonomous maritime shipyard
Construction of the shipyard is scheduled to commence in December
Exports up 19.37% to $38.13 billion in November
Commerce Secretary Rajesh Agrawal said that outbound shipments in November offset the losses in October this year
The rupee spiral and gold rally are masking India's deflation
While concerns about the deflation in China have been widespread, India's retail inflation has been exaggerated by a surge in gold imports and the falling value of the rupee.
ED records statement of former Yes Bank CEO in Anil Ambani ‘quid-pro-quo’ case
Rana Kapoor’s statement was recorded under the Prevention of Money Laundering Act
WPI inflation rises to (-) 0.32% in November
WPI-based inflation was (-) 1.21% in October and 2.16% in November last year.
11:11 | Rupee at an all-time low, GRAP 4 imposed in Delhi; JPMorgan's top internet stock picks for 2026 & more
Today’s edition tracks the rupee hitting a record low, India’s energy-transition imperatives, Delhi’s air quality emergency, post-lock-in selling at Urban Company, why compute—not data—is the new oil, JPMorgan’s top tech bets for 2026, and more
Stock markets trade lower in early deals on foreign fund outflows, weak global trends
Sensex and Nifty declined amid a weak trend in global markets, persistent foreign fund outflows and the uncertainty over the India-U.S. trade deal
RBI approves merger of two sets of co-operative banks in Gujarat
RBI approved merging Amod Nagric Bank with Bhuj Mercantile Bank and Amarnath Bank with Kalupur Bank, effective December 15, 2025.
Nvidia considers increasing H200 chip output due to robust China demand, sources say
Nvidia has told Chinese clients it is evaluating adding production capacity for its powerful H200 AI chips after orders exceeded its current output level, according to two sources
How we are conditioned to settle for less during a crisis
The past few months have felt like one long chain of crises, from cashless claims being suspended to hundreds of flights being cancelled
Ashoka Buildcon JV wins ₹1,041 crore BMC flyover project
Ashoka Buildcon and Aakshya Infra win ₹1,041.44 crore BMC contract for Mumbai flyover connecting J.J. Bridge and Sitaram Selam Bridge.
Enforcement Directorate aims to end legacy FERA cases by early 2026
The criminal sections-loaded FERA of 1973 was replaced in June 2000 by the Foreign Exchange Management Act (FEMA) of 1999, a civil law
Godrej Properties sells over ₹2,600-crore homes in 1st year of operation in Hyderabad, looks to expand biz
Across all markets, Godrej Properties achieved a 13% growth in sales bookings to ₹15,587 crore in the first six months of this fiscal year from ₹13,835 crore in the year-ago period.
Ola Electric commences hyperdelivery for its 4680 Bharat Cell powered vehicles
Under hyperdelivery initiative, customers can complete their purchase online or at an Ola Electric Store and take home their fully registered vehicles on the same day
IndiGo: Turbulent skies
The airline, which commands a 65% share of India’s domestic aviation market, says operations are stabilising after days of chaos that saw hundreds of flight cancellations
We want BRIDGE to be the Davos for media: DG of UAE Media Office
Held by the private BRIDGE Alliance, but under the aegis of the Government of the UAE, the three-day summit brought together voices from journalism, cinema, music, technology and communications to deliberate on issues ranging from misinformation and trust deficits to the growing influence of artificial intelligence on global media ecosystems
Textile industry calls for removal of import duty on cotton
Income Tax department sends SMS/emails for bogus political donation claims
The Central Board of Direct Taxes (CBDT) alerts that a huge amount of bogus claims have been made on account of donations to Registered Unrecognised Political Parties (RUPPs) or Charitable Institutions and reduced their tax obligations
US Biosecure Act fuels China+1 opportunity for Indian CDMOs; Piramal Pharma sees long-term upside
Indian drug makers could gain from a gradual global supply chain realignment as US restrictions on China-linked biotech contracts take shape, with Piramal Pharma flagging early customer interest but cautioning that revenue gains are likely to materialise only over the medium term.
