Daily trending news …
State Bank of India has slashed lending rates following RBI’s 25 bps repo cut, reducing MCLR by 5 bps across tenors (one-year now 8.70%), EBLR benchmark to 7.90% and RLLR to 7.50% effective 15 Dec 2025. This direct pass-through will lower EMIs for millions of home, auto and personal loan borrowers on floating rates, easing monthly outflows and boosting borrowing sentiment amid the ongoing rate-cut
PM Modi-led Cabinet cleared the revolutionary Atomic Energy (SHANTI) Bill allowing private companies into India’s tightly controlled nuclear sector for the first time. Covering atomic mineral mining, fuel fabrication and power generation, the legislation paves the way for 100 GW nuclear capacity by 2047.
The Aadhaar-based OTP verification for online Tatkal bookings is now active in 322 trains, boosting confirmed ticket availability by about 65%. This measure curbs bots and fake IDs, with over 3 crore suspicious accounts blocked.
PM Modi-led Union Cabinet cleared historic amendments allowing 100% FDI in insurance companies, up from 74%, along with structural reforms to boost competition and service quality. The bill, set for introduction in the ongoing Winter Session ending 19 Dec, is poised to attract billions in foreign capital, deepen insurance penetration and transform India into a global insurance hub while offering c
Cabinet approved renaming MGNREGA to Pujya Bapu Gramin Rozgar Yojana on December 12, increasing guaranteed employment days to 125 from 100 and minimum wage to Rs 240 per day. Union Cabinet also approved the Atomic Energy Bill 2025, or SHANTI, enabling private participation in nuclear power .
The Tamil Nadu Government has announced that monthly Public Distribution System (PDS) grievance redressal camps will be conducted in every taluk across the state to ensure that citizens can easily access essential services and resolve issues related to ration cards and PDS benefits.
The ICICI Prudential AMC IPO opens for subscription with an offer for sale, a price band of ₹2061 to ₹2165, and a total fundraising target of ₹10,602.65 crore. Analysts note strong financials and favourable valuations, with GMP trading at a premium before listing. Lead managers include Citi Group, Morgan Stanley, and ICICI Securities.
The article reviews Jefferies’ positive outlook for Indian steel stocks, emphasising buy recommendations for Tata Steel, JSW Steel, Shyam Metalics, Coal India and Jindal Stainless, with expected profit growth through 2028 amid policy and market factors.
Global IT giant Accenture is boosting its Coimbatore operations with a massive 1,00,622 sq ft expansion in ELCOT SEZ, adding 1,500 new tech professionals to its existing 6,600-strong workforce. The move reinforces Coimbatore’s growing status as a Tier-2 IT hub, offering exciting career opportunities in digital, AI and cloud domains while driving economic growth and fresh employment in Tamil Nadu’s
This article outlines the RBI announced final redemption price for SGB 2017-18 Series XI and the premature redemption rules for SGB 2019-20 Series I, including pricing basis, eligibility, and investor guidance on safely managing redemption and investments.
