Gurugram overtakes Mumbai to become India’s biggest Rs 10-crore-plus housing market

After Gurugram and Mumbai, Noida and Greater Noida were the favorites as the twin cities together sold Rs 9,358 crore worth homes in the ultra-luxury segment in CY 2025.   Gurugram clocked transactions worth Rs 24,120 crore in the Rs 10-crore-plus segment during calendar year 2025 — a record for any Indian city In a…

L&T, Nvidia to set up gigawatt-scale AI data centre infrastructure in India

L&T said that the partnership will work on developing AI-ready data centre infrastructure to support large-scale workloads across sectors such as manufacturing and infrastructure Larsen & Toubro (L&T) on Wednesday said that it plans to set up a joint venture with chipmaking major Nvidia to build sovereign, gigawatt-scale AI factory infrastructure in India.   The…

RBI moves to inject over $23 bn of liquidity into banking system

RBI announced over $23 billion in liquidity measures via repos, FX swaps and bond buys to ease banking system stress amid rising yields and rupee pressure The RBI has bought 3 trillion rupees of bonds during December-January, boosting the note-purchase tally for the fiscal year to a record high of 5.7 trillion rupees   The…

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…

After IndiGo crisis, Centre clears two new airlines to lift competition

The Centre has granted NOCs to two new airlines amid efforts to boost competition and avoid repeat disruptions following the cancellation of over 4,000 IndiGo flights earlier this month As the Indian aviation industry recovers from the recent IndiGo crisis, Civil Aviation Minister Ram Mohan Naidu on Tuesday said the government has cleared the way…

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…