Maruti Suzuki plans phased localisation of EV components in next few years

  The auto major aims to drive in multiple electric models across bodystyles and set up charging infrastructure across the country as it looks to attain leadership in the segment   Maruti Suzuki India plans to localise battery production and other critical components over the next few years as part of strengthening the overall EV…

Vedanta’s demerger plan gets NCLT nod; can now split business into 5 units

The ruling clears way for Vedanta’s vast operations to split into five separate units, of which four will focus on aluminum, power, oil & gas, and iron ore, respectively Vedanta Ltd on Tuesday secured approval from the National Company Law Tribunal (NCLT) bench in Mumbai to break up the oil-to-metals conglomerate into five separate units,…

Silver price crosses Rs 2 lakh mark for first time, here’s the outlook and risks ahead

Silver rates hit a record high of Rs 2,00,362 per kg on the MCX today rising Rs 1420 against the previous close of Rs 1,98,942.  Prices of silver crossed the Rs 2 lakh per kg mark on MCX for the first time ever tracking the broader uptrend in precious metals. Silver rates hit a record…

Equity mutual fund inflows rise 21% MoM to Rs 29,911 crore in Nov: AMFI data

The momentum returned after several months of softening inflows, supported by broad-based investor participation across categories.   AMFI   Equity mutual fund inflows rose to Rs 29,911 crore in November 2025, marking a strong 21.2 percent increase from Rs 24,690 crore in October, according to data released by the Association of Mutual Funds in India…

Silver prices hit record highs as demand from EVs, solar, data centres rises; what lies ahead in 2026

Silver has doubled in 2025, rocketing from $50 to $61 per ounce — and from Rs 1,58,000 to Rs 1,90,000 per kg — in barely 12 trading sessions. Experts said as the metal heads into 2026, its fundamentals and technicals still look firmly supportive. But analysts warn that caution and careful entry strategies are essential.…

Microsoft to invest $17.5 billion in India, says CEO Satya Nadella

Microsoft said that the latest commitment, spread across calendar years 2026 to 2029, would “advance the country’s cloud and AI infrastructure, skilling and ongoing operations”   American tech giant Microsoft’s chief executive officer (CEO), Satya Nadella, on Tuesday announced the company’s plan to invest $17.5 billion in India’s artificial intelligence (AI) infrastructure over the course…

IndiGo ‘profusely’ sorry for flight cancellations, tells DGCA ‘realistically not possible to pinpoint the exact causes’

The DGCA said that IndiGo had attributed the mass cancellations to the ‘compounding effect of multiple factors,’ which operated in an ‘unfortunate and unforeseeable confluence’. Hours after IndiGo CEO Pieter Elbers and COO Isidre Porqueras responded to a show-cause notice by the Directorate General of Civil Aviation (DGCA), the aviation watchdog released a statement providing…

Putin visit: Russia seeks stronger civil nuclear partnership with India

The two leaders will review the entire range of the multifaceted defence relations, including military and military technical cooperation Ahead of Russian President Vladimir Putin’s visit to India, the Russian Cabinet on Tuesday cleared the signing of a memorandum of understanding (MoU) with India to deepen bilateral cooperation in civil nuclear energy.   During Putin’s…

INR vs USD: Why is the rupee Asia’s worst-performing currency YTD? Explained with 5 reasons

INR vs USD: Rupee slipped to an all-time low of ₹90.28 per dollar on December 3, 2025. With a 5.3% year-to-date (YTD) drop, the rupee is headed for its sharpest annual decline since 2022, making it Asia’s worst-performing currency so far this year. The Indian rupee fell past 90 per US dollar to a record…

Tata Communications acquires 51% stake in US-based AI platform Commotion Inc in ₹227 crore deal

Tata Communications has acquired a 51% stake in Commotion, an AI-native Enterprise SaaS Platform, to enhance AI integration in its Digital Fabric. The ₹227 crore deal is expected to improve its Customer Interaction Suite with advanced AI capabilities. Tata Communications, in its regulatory filing today, December 02, announced that it had acquired a 51% stake…