SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Economy

Rate cut, forex swap and OMO moves signal RBI's focus on sustaining economic momentum

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

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SC grants one-week interim protection to UP property owners facing demolition

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

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Residents demand safe relocation of Union Carbide waste ash in Pithampur

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

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Nokia partners with Airtel to open network APIs to developers via Network as Code

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

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Fitch raises India's FY26 growth forecast to 7.4% on stronger spending and GST cuts

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

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Nomura sees Nifty at 29,300 by 2026 as economic cycle and earnings strengthen

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

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RBI may cut repo rate by 25 bps in December as inflation falls to decade low

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

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ITPL begins operations at its new bitumen derivatives plant near Chennai

02 Dec 2025

IndianOil Total Pvt Ltd (ITPL), a joint venture between Indian Oil Corporation and TotalEnergies Marketing Services SAS, has started operations at its new greenfield bitumen derivatives plant in Gummidipoondi near Chennai. The facility, commissioned earlier this month, will produce PMB, CRMB, NRMB and bitumen emulsions to support road and infrastructure projects across southern states. The plant, built with automated systems and global safety standards, is expected to strengthen supply reliability, reduce logistics time, and cater to major works under NHAI, state highways, industrial corridors and urban development programmes.Read more

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Centre urges agri-machinery industry to shift to green tech and design tools for women farmers

01 Dec 2025

India's agriculture sector is preparing for a decisive shift towards green-fuel technologies and gender-friendly mechanisation, with senior government leadership urging industry participation earlier this week. The Agriculture Ministry highlighted the need for electrically powered and CBG-based machinery to reduce operational costs, while also emphasising that women farmers require equipment designed to ease their workload. Italian officials reaffirmed their commitment to strengthening bilateral agricultural cooperation under the ongoing Joint Strategic Action Plan, signalling deeper industrial engagement. The latest edition of EIMA Agrimach India showcased advanced machinery, rising trade prospects and future-ready mechanisation models.Read more

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Arnifi expands in India with new Bangalore office to support global business setups

01 Dec 2025

Arnifi, a Dubai-based entity setup and management platform, has expanded its India presence with a new office in Bangalore as part of its broader India strategy. Founder Manu Midha said the company plans to hire over 100 professionals and invest heavily in technology and talent to support Indian firms looking to establish entities overseas. Arnifi has already helped more than 500 companies set up globally. The expansion comes amid deepening India-UAE economic ties and the success of the India-UAE Startup Series, which has attracted over 10,000 founders. Midha noted rising demand for reliable international compliance services as India's start-up ecosystem crosses 1.59 lakh recognised ventures.Read more

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