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…

Zomato hikes delivery worker incentives for January 31 as company braces for higher order volumes on New Year’s Eve

Zomato clarified that the higher incentive move for delivery workers on December 31 was a regular process and did not relate to the ongoing strike by gig workers. Food delivery platform Zomato has hiked the incentive for its delivery partners during peak hours and year-end days as the company expects demand to go up during…

Real estate sector raises Rs 17,867 crore in FY26 YTD, set for best fundraising run in six years: Report

Between April and December 2025, real estate companies completed 11 capital market transactions, including IPOs, qualified institutional placements (QIPs), REIT issuances and rights issues. Notably, the number of deals completed so far in FY26 already matches the total recorded in the entire FY25.   Indian real estate is witnessing one of its strongest fundraising phases…

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…

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…