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Financial Express Mumbai - December 13, 2025

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In this issue

December 13, 2025

Ozempic adds to India's growing appetite for anti-obesity drugs

ELI LILLY'S MOUNJARO, which has taken an early lead since its March launch in India, now faces serious competition.

2 mins

NTPC to float global bids for mega nuclear reactors soon

STATE-RUN NTPC IS planning to float a global tender for large nuclear power plants with a combined capacity of 6-10 gigawatts (GW) soon, marking India’s largest power producer’s graduation to utility-scale production of nuclear energy.

2 mins

Assured rural job days to be hiked 25%

MGNREGA will be renamed and wages raised to ₹240 a day

1 mins

Reforms engine gathers steam

CABINET APPROVES BILL TO HIKE INSURANCE FDI TO 100%

3 mins

Govt speeds up visa for Chinese professionals

Processing time less than 1 month now; China sees ‘positive action’

2 mins

Global experts to probe fiasco

INDIGO HAS APPOINTED Chief Aviation Advisors to conduct an independent expert review of its recent operational disruption and the factors that triggered it, reports Nitin Kumar.

1 mins

Census 2027: ₹11,718 cr approved

THE UNION CABINET on Friday approved ₹11,718 crore for conducting the Census of India, 2027, which would include the caste enumeration for the first time.

1 mins

Nov retail inflation rises to 0.71% from Oct series-low

INFLATION, MEASURED BY the consumer price index (CPI), rose sequentially from a series low of 0.25% in October to 0.71% in November, under the twin impact of a waning favourable base and an easing of deflation in food prices.

1 mins

Cabinet approves Oman FTA text

THE UNION CABINET on Friday approved the India-Oman free trade agreement which is expected to be signed during Prime Minister Narendra Modi’s visit to that country from December 17-18.

1 mins

Food inflation in negative zone for sixth month

RETAIL FOOD INFLATION remained in the negative zone for the sixth consecutive month in November when it came in at (-) 3.91%, largely driven by base effect and subdued prices of vegetables, cereals, pulses, meat, eggs and spices.

1 mins

Mexico duty to hit 75% of exports: GTRI

MEXICO'S DECISION TO hike tariffs on imports from India by upto 50% will impact 75% of the $5.75 billion worth shipments to the country, according to an analysis by Global Trade Research Initiative (GTRI).

1 mins

Foreign insurers may now tap Indian mkt without alliances

THE UNION CABINET on Friday approved a Bill to raise the FDI limit in the insurance sector from 74% to 100% to unlock the sector's full potential by attracting more stable foreign capital and technology, eliminating the need for mandatory Indian joint venture partners and ultimately boosting national insurance penetration.

1 mins

Govt allows coal linkage auction for all end uses

Exports of the fuel allowed for the first time

1 mins

Finmin to rank banks & insurance firms

IN ORDER TO improve the grievance redressal framework, the finance ministry has initiated the ranking of public sector banks, private sector banks and public sector insurance companies, based on quality and timely redressal of grievances.

1 mins

Resolve issues relating to export control: India to China

INDIA HAS CALLED on China to soon resolve pending issues relating to export control as the two sides reviewed steps to rebuild ties that under severe strain following the eastern Ladakh row.

1 mins

IBBI may assign MSME dues higher priority in insolvency cases

“The idea to prioritise MSME dues under IBC has been around for quite some time but the government is finally moving forward with a study that will make for a stronger case to classify MSME dues on par with secured creditors,’ said an official.

1 mins

Airline moves Delhi HC for ₹900-crore IGST refund

INTERGLOBE AVIATION, THE parent company of IndiGo, has filed a petition in the Delhi High Court seeking to recover nearly ~900 crore from the customs department.

1 mins

Microsoft AI copilot to fight cybercrime

MICROSOFT ON FRIDAY announced the statewide expansion of its Al-powered investigation platform for the Maharashtra Police.

1 mins

Wipro scales up Google Cloud pact to deploy AI

IT SERVICES MAJOR Wipro on Friday announced an expansion of its strategic partnership with Google Cloud to deploy Gemini Enterprise across its global operations, and jointly offer production-ready artificial intelligence agents to enterprise customers.

1 mins

BMW unveils affordable convertible model

AFTER LAUNCHING INDIA'S most affordable luxury EV at the Bharat Mobility Show in January 2025—the iX1 LWB for ₹49.9 lakh—BMW drove in the country’s most affordable convertible car on Friday, the MINI Convertible for ₹58.5 lakh.

1 mins

Car sales surge 19% in Nov on robust demand

THE DOMESTIC AUTOMOBILE industry delivered its strongest-ever November performance as festive demand and the GST rate cuts powered double-digit gains across passenger vehicles (PVs), two-wheelers and three-wheelers, the Society of Indian Automobile Manufacturers (SIAM) said.

1 mins

IndiGo hires global expert to probe flight disruptions

CRISIS-RIDDEN INDIGO HAS appointed Chief Aviation Advisors LLC to conduct an independent expert review of its recent operational disruption and the factors that triggered it.

1 mins

Brookfield to invest $1 bn for Mumbai office block

CANADIAN INVESTOR AND developer Brookfield on Friday said it will develop a two million sq ft office project in Mumbai’s Powai district, investing about $1 billion (more than %9,000 crore) to build on a six-acre plot.

1 mins

India must build technology sovereignty: Zoho’s Vembu

ZOHO CORP FOUNDER and former CEO Sridhar Vembu warned Indian entrepreneurs against copying “Silicon Valley” business models and focus instead on building technology sovereignty in India.

1 mins

BMW, Merc to become costlier from New Year

BMWAND MERCEDES-BENZ, India’s two biggest luxury automakers, will raise prices by as much as 3% and 2% respectively across their portfolios from January 1, 2026, as prolonged currency volatility and rising operating expenses squeeze margins.

1 mins

'Global norms ensure domestic crypto investor safety'

The long-term goal of Binance Holdings, the world’s largest crypto exchange in terms of volumes, is to become a collaborative partner for India’s blockchain and digital asset ecosystem, SB Seker, head of the Asia-Pacific region, an interview.

2 mins

Silver hits ₹2 lakh in futures trade

SILVER PRICES RALLIED on Friday to breach the record ₹2 lakh per kg mark in futures trade for the first time, riding on strong investor demand and positive global trends.

1 mins

SBI reduces lending rates after RBI rate cut

STATE BANK OF India (SBI) on Friday revised its lending rates following the Reserve Bank of India’s latest 25-bps reduction in the repo rate.

1 mins

Operational oversight to get a boost Sebi strengthens MII governance framework

Appointment of two executive directors mandated

1 mins

RBI deputy guv warns of stablecoin risks

INDIA NEEDS TO be cautious towards stablecoins,as they pose significant macroeconomic risk while serving no purpose that fiat money cannot,Reserve Bank of India (RBI) Deputy Governor T.Rabi Sankar said on Friday.

1 mins

ICICI Pru AMC issue booked 72% on first day

THE INITIAL PUBLIC offering (IPO) of ICICI Prudential AMC, the second-largest mutual fund house by assets, was subscribed 72% on the first day of the bidding on Friday.

1 mins

Top-10 stocks will start to outperform: DSP Netra

THE OUTPERFORMANCE PHASE is restarting for the top 10 companies in terms of market capitalisation, DSP Netra said in a report citing recent trends.

1 mins

Rupee hits fresh closing low, drift may continue

It touched 90.56 against the dollar intra day

1 mins

Ozempic adds to growing...

NOVO NORDISKCLAIMS it also reduces cardiovascular and renal risks.

1 mins

Intel tests chipmaking tools linked to China

INTEL, HAS TESTED chipmaking tools this year from a toolmaker with deep roots in China and two overseas units that were targeted by US sanctions, as per two sources with direct knowledge of the matter.

1 mins

Guaranteed rural job days to be hiked

IN ITS REPORT, tabled in March 2025, the parliamentary standing committee on rural development and panchayati raj had advocated increasing guaranteed workdays from 100 to 150 and raising wages to at least 400 per day.

1 mins

NTPC to float bids for nuclear reactors

FROM THE FRONT PAGE

2 mins

Visa for Chinese professionals

“CHINA IS WILLING to maintain communication and consultation with India to continuously enhance the level of facilitation of exchanges,’ ministry spokesperson Guo Jiakun added.

1 mins

Reforms engine gathers steam: Cabinet clears key Bills

ADDITIONALLY, THE BILL aims to relax current restrictions on the repatriation of dividends and key management personnel for foreign-owned firms, thereby boosting ease of doing business.

3 mins

EU to freeze Russian assets

THE EUROPEAN UNION looked set on Friday to indefinitely freeze Russian central bank assets held in Europe, removing a big obstacle to using the cash to help Ukraine defend itself against Moscow's invasion.

1 mins

China prepares $70 bn in chip sector incentives

CHINA IS CONSIDERING a package of incentives worth $70 billion to bankroll and support its chipmaking industry, pouring more state money into a sector it deems pivotal to its technological conflict with the US. Officials are deliberating proposals to earmark a package of subsidies and other financing support in the range of 200 billion yuan ($28 billion) to 500 billion yuan, people familiar with the matter said, asking to remain anonymous to discuss private talks.

1 mins

Musk’s Mars mission adds risk to SpaceX IPO

INVESTORS EYEING SPACEX’S potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.

1 mins

The future of Trump tariffs

IT REMAINS UNCERTAIN AS THE WORLD AWAITS THE PRONOUNCEMENT OF US SUPREME COURT

4 mins

Gauging AI impact on growth, job losses

While offering a starting framework, two Niti Aayog reports overlook the potential of AI as a digital public infrastructure good

4 mins

Home loan overdraft benefits those with surplus funds

A home loan overdraft (OD) facility is beneficial for borrowers who have surplus funds.

2 mins

Pay advance tax by Dec 15 to avoid interest payout

IT IS CHARGED AT 1% PER MONTH FOR SHORTFALL OR DELAYS

2 mins

Chic, unique, boutique

THE AGONDA EDITION CELEBRATES THE SPIRIT OF GOA

1 mins

Think tank Bharat Ki Soch launched

BHARAT KI SOCH, a new think tank on ancient Indian wisdom for contemporary challenges has been launched.

1 mins

Sebi ends insider trading case against Pranav Adani

MARKETS REGULATOR SEBI on Friday cleared Pranav Adani, a director in several Adani Group companies and nephew of Adani Group chairman Gautam Adani, of allegations that he shared price-sensitive information and violated insider-trading rules.

1 mins

House panel demands updated air quality norms ‘at the earliest’

A PARLIAMENTARY PANEL on Friday asked the Centre to come up with the updated India’s National Ambient Air Quality Standards “at the earliest”, noting that the standards were last revised in 2009.

1 mins

Vinesh returns to the mat, eyes medal at 2028 Games

STAR WRESTLER VINESH PHOGAT on Friday announced that she would be coming out of retirement to take another shot at an elusive Olympic medal at the 2028 Los Angeles Games as the “the fire never left” her and was merely buried under “exhaustion and noise”.

1 mins

INITIATIVE TO COVER CRITICAL MINERALS, CHIPS India left out of US-led supply chain coalition

A NEW US-LED strategic initiative, Pax Silica, which aims to build a secure supply chain ranging from critical minerals and energy inputs to advanced manufacturing and semiconductors, does not include India.

2 mins

JioStar: Media rights deal with ICC in full force

THE INTERNATIONAL CRICKET Council and JioStar, the media company that holds the $3-billion broadcast and streaming rights for ICC tournaments from 2024-2027, said on Friday that the agreement between the two was in full force.

1 mins

Read all Stories from Financial Express Mumbai

Financial Express Mumbai Description:

Publisher: The-Indian-Express-Ltd.

Category: Newspaper

Language: English

Frequency: Daily

Financial Express Mumbai is your ultimate guide to business and finance. Financial Express Mumbai brings you the latest business news, market insights, and economic trends straight from India’s financial capital. Stay updated on stock market movements, corporate developments, RBI policies, and the ever-evolving world of startups and technology. With expert analysis and in-depth reports, this newspaper is a must-read for investors, professionals, and business enthusiasts.

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