23 Dec 2025

The NSEL Investors Forum (NIF) plans to approach the Finance Ministry to accelerate the execution of the one-time settlement (OTS) approved by the National Company Law Tribunal (NCLT). The settlement between NSEL, 63 moons technologies, and investors involves Rs 1,950 crore to be paid to 5,682 traders against closure of legal cases and assignment of trader rights to 63 moons. Investors with smaller dues have already received payments. The OTS, which promises 49.3 & 64 per cent recovery for claimants, is considered fair, transparent, and a potential model for resolving similar financial disputes in India.Read more

23 Dec 2025

India's eight core infrastructure sectors grew by 1.8 per cent in November, slowing sharply from last year due to weaker output in crude oil, natural gas, refinery products and electricity. While growth improved sequentially from October's contraction, overall momentum remained subdued. During April & November, core sector growth stood at 2.4 per cent, lower than the previous year. Cement and fertiliser output showed strength, while coal and steel moderated. Economists expect industrial production growth of 3.5 & 4.5 per cent for the month.Read more

23 Dec 2025

The Indian rupee is gaining support due to active intervention by the RBI, which has tempered its previous downward trend. Dollar sales from state-run banks and reduced speculative activity have reinforced the currency, while importers are expected to hedge early this week. Bond yields are influenced by RBI liquidity moves and offshore flows, with the 10-year benchmark settling slightly higher. Repo rate cuts this year have eased pressure on markets. Foreign investors selling and upcoming economic indicators are closely watched for further market direction.Read more

22 Dec 2025

IIT-Bombay researchers have reviewed proposed changes to the housing component of CPI, welcoming the base year update to 2024 but raising concerns over monthly data collection for all dwellings. The paper favors the existing six-month panel method, noting that visiting all 25,000 dwellings monthly would increase costs, burden respondents, and risk data quality. While supporting some proposals like rural inclusion and excluding employer-provided dwellings, the authors stress that flaws in the current index are addressable with better data use. Experts back the view, highlighting inefficiency of monthly collection.Read more

22 Dec 2025

State-owned NHPC is set to begin commercial operations of the second 250 MW unit of the Subansiri Lower Hydroelectric Project, taking a key step forward in India's largest hydropower development. Being developed at an estimated cost of around INR 27,000 crore on the Assam-Arunachal Pradesh border, the 2,000 MW run-of-river project is a critical addition to the country's renewable energy capacity. The commissioning of the second unit marks steady progress in the phased operationalisation of the project.Read more

18 Dec 2025

Welspun World has started commercial operations at its new ductile iron pipe manufacturing plant in Anjar, Gujarat. Developed under a multi-crore INR brownfield expansion plan, the facility adds 200 kilo metric tonnes per annum to the group's capacity, taking the total to 400 kilo metric tonnes annually. Inaugurated by Union Minister for Jal Shakti C R Patil, the plant strengthens Welspun World's presence in water and infrastructure sectors. The company said the facility will support national water programmes such as Jal Shakti Abhiyan and Jal Jeevan Mission.Read more

18 Dec 2025

Ambrane has begun operations at its new 83,000 square feet automated manufacturing facility in Kundli, Haryana, developed with an investment of INR 50 crore. The plant is expected to increase the company's production capacity by 200 per cent and support its expansion into new product categories such as IT peripherals and small appliances. Designed with automation-ready systems, the facility aims to reach a capacity of 15 lakh units per month and has already generated over 600 local jobs, with more hiring planned.Read more

16 Dec 2025

Tata Power is preparing to finalise a 10 GW wafer and ingot project, estimated at INR 6,500 crore, by January next year. The company is in discussions with multiple states, including Odisha, Tamil Nadu, and Andhra Pradesh, evaluating policies and incentives before deciding the site. The plant will complete Tata Power's solar manufacturing integration, covering wafers, ingots, cells, and modules. The company, with a diversified 15.9 GW portfolio in thermal, solar, and wind, is also exploring entry into nuclear energy through small modular reactors (SMRs).Read more

15 Dec 2025

SIMEST, a CDP Group company supporting the global expansion of Italian businesses, has signed a Memorandum of Understanding with the Indian Chamber of Commerce to strengthen economic cooperation between Italy and India. The agreement was formalised at the Italy–India Business Forum in Mumbai in the presence of senior leaders from both countries. The partnership aims to promote cross-border investments, industrial collaboration and business linkages, while supporting Italian companies entering the Indian market through financial instruments and advisory support. The MoU also focuses on sharing insights on investment opportunities, mergers, acquisitions and startups, reinforcing long-term trade and commercial ties between the two economies.Read more

15 Dec 2025

Tamil Nadu has achieved double-digit economic growth driven largely by sustained infrastructure development and large-scale job creation, Finance and Environment Minister Thangam Thennarasu said in Chennai. Speaking at the inauguration of the Vels Trade and Convention Centre and Vels Film City in Poonamallee, he said infrastructure-led investments have strengthened the state's economy and generated direct and indirect employment. The minister highlighted the role of private sector participation in supporting growth, citing investments in convention, trade and film infrastructure. He noted that under Chief Minister M K Stalin's leadership, Tamil Nadu recorded 11.19 per cent growth, supported by projects that boost jobs, real estate activity and allied industries.Read more