India’s services sector growth hits 11-month low in December amid slow expansion in new businesses

  Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff   New Delhi: India’s services sector growth declined to an 11-month low in December amid slow expansion in new businesses, according to a private survey on Tuesday. The seasonally adjusted HSBC…

After Venezuela, Trump hints US military intervention in these countries

US military operation in Venezuela followed months of rising tensions, during which Washington sank more than 30 suspected drug-smuggling vessels since September 2025 The US military operation in Venezuela has raised concerns about who else may be on President Donald Trump’s firing line. On January 3, the US launched a large-scale operation in Venezuela’s capital…

Shriram Finance rules out banking license plans after MUFG investment — Check details

Shriram Finance confirmed it will not apply for a banking license after MUFG’s $4.4 billion investment for a 20% stake. The company prefers to remain an NBFC, focusing on retail lending opportunities without structural changes in management. Non-banking finance company (NBFC) Shriram Finance on Monday, December 22, said that the company has no plans to…

Sebi cuts mutual fund expense ratios — Here’s what you need to know

India’s capital markets regulator, the Securities and Exchange Board of India (Sebi), on Wednesday, 17 December 2025, decided to cut the charges of the expense ratios in mutual funds, revising its long-standing norms after companies urged the regulator to make the proposed cap on brokerage costs feasible for the asset management companies.   Mutual fund…

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…

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…

Meesho IPO to unlock ₹1,020 crore bonanza for founders, early backers

Meesho has set the price band for its IPO in the range of ₹105 to ₹111 per cent, valuing it around ₹50,095.75 crore   Meesho IPO:The much-awaited initial public offering (IPO) of e-commerce player Meesho is set to open for public subscription on Wednesday, December 3, 2025. The company plans to raise ₹5,421.2 crore through…

MFs near parity with FIIs as ownership gap hits record low: Prime Database

The share of FIIs declined further to a 13-year low of 16.71 per cent as on September 30, 2025 (down from 17.05 per cent on June 30, 2025), while MF holdings rose to an all-time high of 10.93 per cent Domestic mutual funds (MFs) are rapidly catching up with foreign institutional investors (FIIs) in Indian…