INDIA
MGNREGA in 'G RAM G' avatar: Decoding BJP's renaming of schemes, laws and ministries
WORLD
Replica of Statue of Liberty falls due to strong winds in Brazil, video goes viral | Watch
Reports said that the replica was around 114 feet tall and was one of the several similar structures that had been placed outside Havan stores in Brazil. Officials quoted by local media outlets said that while the upper section of the statue, which was about 78 feet was affected by the fall, the 36-foot pedestal remained intact.
BUSINESS
Equity flows, IPO supply and valuations: Fund managers weigh market risks and opportunities
When asked to choose between IPO-only and secondary-market-only portfolios through 2026, the fund managers expressed a preference for secondary markets, citing better data availability, longer performance history, and greater comfort in evaluating businesses
INDIA
India Rips Into Pakistan at UNSC Over Kashmir, Terrorism and Democracy
India delivered a sharp rebuke to Pakistan at the UN Security Council, calling out Islamabad’s “unique” way of respecting democracy by jailing a prime minister and granting lifetime immunity to its army chief. New Delhi reaffirmed Jammu & Kashmir as an integral part of India and vowed to counter Pakistan-sponsored terrorism in all forms.
BUSINESS
Long-short funds in focus: Can SIFs generate alpha in a volatile market
Gains generated within SIFs are not taxed until redemption, regardless of trading activity within the portfolio, offering an advantage over direct trading strategies.
INDIA
AAD EduCity: All about Andhra Pradesh's sprawling new hub for aviation talent
The initiative aligns with the National Civil Aviation Policy, the National Education Policy 2020, Make in India and India’s broader aerospace and defence ambitions.
BUSINESS
Dezerv's Sandeep Jethwani weighs on market volatility, overdiversification and power of compounding
Today, when we look across portfolios, we do find over diversification, but at the same time we are not seeing portfolios getting hyper concentrated towards small and midcaps, Jethwani said.
POLITICS
Modi Reveals Bold Vision For India–Jordan Ties | Big Signal To Global Investors
Prime Minister Narendra Modi invited Jordanian companies to invest in India, highlighting the country’s strong economic performance and growth rate of over 8 per cent. Speaking at the India–Jordan Business Forum in Amman, he said India is on course to become the world’s third-largest economy, driven by productivity-oriented governance and innovation-led policies. Modi emphasized that India offers attractive long-term opportunities and assured Jordanian investors of good returns. Stressing that business relationships go beyond numbers, he underlined the importance of building a lasting partnership based on historical trust and shared future goals. He encouraged Jordan to become a partner in India’s growth story and pointed to new opportunities opening up for Jordanian firms. Modi also proposed collaboration in healthcare, suggesting Indian companies could manufacture medicines and medical devices in Jordan, helping the country emerge as a regional hub for West Asia and Africa. Additionally, he highlighted cooperation in agriculture, including dryland farming, precision agriculture, micro-irrigation, and food infrastructure development.
BUSINESS
Rupee closes at historic low of 91.03 against US dollar
The spillover of the currency depreciation was also seen on the equity markets, which ended lower for the second consecutive day on December 16.
BUSINESS
RBI receives 2X bids at USD/INR buy-sell swap auction; accepts $5.07 bn
The near leg or spot leg is on December 18, 2025, and the far leg is on December 18, 2028.
INDIA
Woman sells flat, plots after scammers put her under 'digital arrest', loses Rs 2 crore
The incident happened in June when she got a call from someone who told her was a courier official and said that a suspicious piece of baggage that was linked to her Aadhaar card had been found and seized.
BUSINESS
Sona Valliappa Group’s Rs 150 cr SCALE campus near Bengaluru to train GCC-ready workforce
The 105-year-old group said SCALE will focus on skilling students and professionals for emerging technologies, with a strong emphasis on AI, advanced manufacturing and GCC requirements.
INDIA
Why Nitin Nabin has been named BJP working president & not full-time party chief
Nitin Nabin is only the second person in BJP’s history to occupy the post of a working president. The first was JP Nadda, who held the post in 2019 after Amit Shah became the union home minister
BUSINESS
Saregama to invest in Bhansali Productions, announces strategic partnership
Bhansali Productions' immediate slate includes Love and War, directed by Sanjay Leela Bhansali, starring Ranbir Kapoor, Alia Bhatt and Vicky Kaushal.
INDIA
Big boost for India's military might: Final batch of 3 US-made Apache attack choppers arrive at Hindon
Apache helicopters are equipped with state-of-the-art targeting systems that provide accurate data on the target in all weather conditions.
BUSINESS
Leela Palaces rises 5% as ICICI Securities initiates coverage with 'buy', sees up to 44% upside
ICICI Securities forecast a revenue growth rate of 16 percent and an EBITDA growth rate of 17 percent over FY26-28, supported by higher average room rates.
INDIA
'PM Modi has a deep dislike for 2 things': Rahul Gandhi amid MGNREGA row
Earlier today, senior Congress leader Priyanka Gandhi categorically stated that no bill should be tabled and passed because of someone's obsession and prejudice."
BUSINESS
IAMAI warns DoT’s sim-binding rules could disrupt digital services, miss fraud target
Industry body urges rethink, flags operational disruption and limited impact on cybercrime
BUSINESS
PB Fintech shares fall 5% as insurance bill proposes to cap agent commissions
PB Fintech share price: Finance Minister Nirmala Sitharaman today introduced the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Act, 2025 in the Lok Sabha.
INDIA
Messi Tour chaos in Kolkata: Govt issues show-cause notices to DGP, CP; seeks reply in 24 hours
According to the Chief Secretary, the probe panel, acting on a preliminary enquiry report dated December 15, sought explanations from the DGP and the Bidhannagar CP within 24 hours on why large-scale mismanagement occurred.
BUSINESS
Kusha Kapila and Vimarsh Razdan’s Underneat raises $6 million in funding led by Fireside Ventures
The funding comes as the mass-premium shapewear brand crosses Rs 150 crore in ARR and turns EBITDA positive within eight months of launch.
BUSINESS
Ex–Good Glamm co-founder Naiyya Saggi’s appliances startup EDT raises $1.4 million led by Sauce VC
The pre-seed round marks Saggi’s return to consumer startups after her exit from Good Glamm Group and will be used to build a design- and R&D-led appliances portfolio spanning home, kitchen and personal care.
INDIA
US immigration shock: 60-year-old Indian woman detained during green card appointment after decades of stay
Babblejit or 'Bubbly' Kaur has an approved green card petition from her other daughter, a US citizen, and her husband, who also holds a green card, according to Long Beach Watchdog.
WORLD
Detailed designs, elegant rooms: Inside Al-Husseiniya Palace, where PM Modi had dinner in Jordan
The Al-Husseiniya Palace is an amalgamation of modern style and Arab-Islamic tradition with arches featuring detailed designs on the doors and walls. These designs show Jordanian and Islamic influences.
