News Digest
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IndiGo brings in external aviation experts to probe causes of nationwide disruption
IndiGo appoints Chief Aviation Advisors LLC, led by Captain John Illson, to independently review recent operational disruption after 4,500 flight cancellations at Delhi, Bengaluru, and Mumbai airports.
Afcons Infrastructure bags ₹243.52 cr arbitration award linked to Chenab Bridge project
Afcons Infrastructure won a ₹243.52 crore arbitration award for the Chenab bridge project. Shares of Afcons Infrastructure ended lower on Friday, December 12, by 0.37% at ₹398.90 on the NSE.
Stock markets rise amid buying in metal shares and positive global trends
U.S. Fed rate cuts helped the stock markets to bounce back after a quiet phase
Retail inflation quickens marginally to 0.7% in Nov. 2025, still second-lowest since Jan. 2012
November’s inflation rate is the second-lowest ever recorded in the current series of the Consumer Price Index
Rupee slumps 9 paise to close at an all-time low of 90.41 against U.S. dollar
Forex traders said the rupee is under pressure, largely due to aggressive dollar purchases by importers amid surging global precious metal prices
Novo Nordisk brings Ozempic to India for type 2 diabetes, price aligned with Wegovy
Novo Nordisk has launched Ozempic in India in three strengths for Type 2 diabetes, with the company saying it will keep pricing in line with Wegovy and expects strong demand despite India’s preference for oral treatments.
From 'last-resort' to first choice: India’s gold loan market poised for 26% growth by FY26
India’s gold loan market is set for strong growth through 2026, driven by regulatory reforms, rising gold prices, and increased formal lending.
Escorts Kubota unveils new construction equipment line-up; sees strong demand in Q4 & double-digit tractor growth
The tractor business continues to grow at a double-digit pace, supported by good monsoon conditions, subsidy programs and strong demand in key states. Bharat Madan, Whole Time Dir & CFO Escorts Kubota dismissed rumours of a delisting proposal. Escorts Kubota shares have gained more than 6% over the past year.
Cabinet may consider Insurance Amendment Bill today; proposal includes raising FDI cap to 100%
The Union Cabinet may approve the Insurance Amendment Bill raising FDI in insurance to 100%, amending the Insurance Act, LIC Act, and IRDAI Act to boost capital and sector growth.
Insurers explore deferred commission model in first big move to reduce costs
A nine-member committee of senior industry executives and distribution experts in the insurance sector has been formed to explore ways to lower distribution and commission costs, sources said.
PNB Housing Finance appoints Ajai Kumar Shukla as MD & CEO for five-year term
The appointment is for a five-year term starting Dec 18.
Regulator CCI examining whether IndiGo violated competition norms: Official
CCI will look into IndiGo’s overall dominant position, dominance in particular routes, and whether there is abuse of dominance, official said
India out of US-led coalition on critical minerals supply chain
Buy PepsiCo heading into 2026 as innovation drives earnings, says JPMorgan
JPMorgan sees shares of PepsiCo rising 13% from here.
Coal Controller Organisation appointed authority to regulate, register proposed coal exchanges
The coal ministry had proposed appointing CCO as the regulator in a draft legislation floated September this year.
11:11 | India’s top 100 companies add ₹148 Lk Cr in 5 years; Microsoft’s cybercrime AI copilot launch & more
Today’s edition tracks a record ₹148 lakh crore wealth surge among India’s top companies, Microsoft’s AI rollout in Maharashtra police stations, the death of Shivraj Patil, Honasa’s men ’s-grooming bet, fresh DGCA action on IndiGo, UBS’s scenarios for the airline, India–Oman FTA movement, and key investing lessons Ramesh Damani and Raamdeo Agrawal learnt from from the Oracle of Omaha, Warren Buffett.
Auto industry continues wholesale momentum in November: SIAM data
The total production of Passenger Vehicles, Three Wheelers, Two Wheelers, and Quadricycle in November 2025 was 29,43,456 units, according to SIAM
Rupee hits record low as U.S. trade stalemate drags on, outflows pinch
Traders pointed to firm dollar bids in the non-deliverable forwards market alongside hedging demand from importers as factors behind the rupee’s decline on December 12
Stock markets rally in early trade amid U.S. Fed rate cuts
Amid positive global trends and rate cut by U.S. Federal Reserve, Stock markets surge in early trade
Petroleum and Natural Gas Rules 2025 amended to ease business and operations, informs Hardeep Puri
The rules also stipulate that application for grant of petroleum lease would be decided within 180 days.
Is the falling rupee a cause for alarm?
AB InBev signs multi-year ICC beer partnership, targets long-term brand play in global cricket
AB InBev’s debut as the ICC’s official beer partner marks a strategic expansion of its global sports marketing portfolio, giving the brewer access to a rapidly growing cricket ecosystem across both established and emerging markets.
Union Cabinet expected to consider India-Oman FTA on December 12: Govt sources
India-Oman FTA is set for Union Cabinet discussion on December 12. Narendra Modi will visit Oman on December 17-18, marking 70 years of diplomatic ties and reviewing the bilateral partnership.