09 Dec 2025

Adani Green Energy Ltd has integrated the TNFD framework into its sustainability strategy, emphasizing a shift toward nature-positive renewable energy development. The move allows the company to assess and manage biodiversity-related risks while supporting India's climate leadership. AGEL, with a 16.5 GW operating portfolio the largest in India aims for 50 GW by 2030 and is developing a 30 GW plant in Gujarat. It has pledged No Net Loss of Biodiversity by 2030, planning to plant 27.86 million trees, and maintains certifications for water positivity, zero waste-to-landfill, and being single-use plastic-free.Read more

09 Dec 2025

A recent CAG report has drawn attention to Himachal Pradesh's continued dependence on central transfers, noting that only a third of the state's revenue came from its own sources during 2021-22. The findings, tabled in the Assembly by Chief Minister Sukhvinder Singh Sukhu, show limited growth in internal revenue and a modest rise of INR 500 crore in non-tax income. At the same time, expenditure on salaries, pensions, interest and subsidies continued to rise. The report also highlighted irregular spending of INR 22.61 crore from the Disaster Relief Fund despite earlier objections.Read more

08 Dec 2025

An Indian defence company has opened a new manufacturing facility in Pune dedicated to producing Uncrewed Surface Vehicles (USVs), marking a major step in its collaboration with Liquid Robotics, a Boeing company. The plant will focus on locally building the Wave Glider-an energy-efficient USV powered by waves and solar energy that supports long-duration undersea surveillance and real-time data sharing. The facility will also handle ocean testing and long-term servicing. Positioned under the US-India defence partnership, the collaboration aims to expand co-production and technological capacity. Company leaders said the new unit aligns with India's 'Make in India' vision and will strengthen maritime domain awareness while reducing reliance on imported systems.Read more

08 Dec 2025

The RBI has cut the repo rate by 25 basis points to 5.25%, ending a six-month pause and signalling renewed support for economic activity. The move comes amid export pressures from new US tariffs and a weaker rupee. To ease funding conditions, the RBI also announced INR 1 lakh crore of open-market bond purchases and a USD 5 billion forex swap this month. This is the fourth rate cut since February, taking the total reduction to 125 bps. With inflation down to 2.2% and GDP growth at 8% in April-September, Governor Sanjay Malhotra said the environment now favours growth. Economists welcomed the decision, citing strong transmission potential next fiscal year.Read more

08 Dec 2025

The Supreme Court granted one-week interim relief to two property owners in Uttar Pradesh, temporarily halting further demolition of their properties. The court directed the petitioners to approach the Allahabad High Court for detailed examination while maintaining the status quo. It emphasized that demolitions require prior notice and adherence to due process, in line with its 2023 guidelines against arbitrary action. The protection does not limit the High Court from hearing the case on its merits, and the petitioners were instructed to file under Article 226 for urgent consideration.Read more

06 Dec 2025

On the 41st anniversary of the Bhopal Gas Tragedy, Pithampur residents have voiced strong opposition to the state government's plan to dispose of 900 tons of ash from incinerated Union Carbide waste at a local plant. Despite assurances from authorities about safe storage and emissions within permissible limits, locals fear environmental contamination and health risks. The Madhya Pradesh High Court has rejected the landfill proposal and asked the government to identify alternative sites. Residents and activists are urging relocation to a safer location to prevent harm.Read more

05 Dec 2025

Nokia has partnered with Bharti Airtel to give third-party developers access to Airtel's network capabilities through Nokia's Network as Code platform. After successful trials, Airtel will offer its network APIs on a subscription basis, allowing developers, enterprises and system integrators to build new digital solutions using the company's nationwide network along with AI, 5G and edge computing. Airtel Business CEO Sharat Sinha said the collaboration will support automation and secure, innovative services. Nokia noted that the partnership expands its global Network as Code ecosystem-now over 60 partners-and will help operators create new revenue streams while enabling advanced use cases across multiple industries.Read more

04 Dec 2025

Fitch Ratings has raised India's GDP forecast for the current financial year to 7.4%, up from 6.9%, citing stronger household spending and improved consumer sentiment supported by recent GST reductions. GDP grew 8.2% in the latest quarter, though Fitch expects growth to ease slightly in the coming months. The agency attributes much of this year's momentum to higher real incomes and lower prices on most everyday goods. Looking ahead, GDP is projected to moderate to 6.4% in FY 2027, with private investment expected to pick up as borrowing conditions improve. Falling inflation has created room for one more RBI rate cut, likely bringing the repo rate to 5.25%.Read more

03 Dec 2025

Nomura expects India's Nifty 50 to rise to 29,300 by the end of 2026, reflecting a 12% increase from current levels, driven by cyclical economic growth and supportive policies. The brokerage noted improved market stability after a tariff-driven selloff in mid-2025 and cited stronger macro conditions and calmer geopolitics. It expects policy measures focused on growth and structural reforms to sustain a positive medium-term outlook. Nomura favors selective sectors such as financials, IT, pharma, real estate, and manufacturing, while cautioning against narrative-driven, overvalued stocks.Read more

02 Dec 2025

The RBI is expected to consider a 25-basis point repo rate cut in its December policy meeting, supported by a sharp decline in inflation to a decade-low of 0.3 per cent and steady economic growth. While GDP rose to 8.2 per cent in Q2 of the 2025-26 fiscal, growth is likely to moderate to 7 per cent in the latter half. Stable crude prices, good reservoir levels, and muted global price pressures are helping contain inflation. With a real policy rate above neutral levels and robust foreign exchange reserves, there is scope for easing to support growth.Read more