Mehul Choksi’s appeal against India’s extradition request rejected by Belgian SC

Belgium’s supreme court — the Court of Cassation — on Tuesday rejected the appeal of fugitive diamond trader Mehul Choksi challenging the extradition request of India in connection with the Rs 13000-crore alleged bank fraud in Punjab National Bank, authorities

Near-term margins for cement companies to remain under pressure

The projections in the cement industry are mixed. Prices and demand remained muted in the third quarter (October & November) and short term uptick doesn’t seem likely. Image used for representative purpose only. Photograph: Jayanta Dey/Reuters However, the second quarter

IRB Infra reports double-digit growth in November toll revenue

IRB Infrastructure Developers Ltd and its sponsored InvITs — IRB Infrastructure Trust and IRB InvIT Fund — reported a 16% year-on-year rise in aggregate toll revenue for November 2025, delivering another month of steady growth. The three entities together collected

US Fed meeting: Can a 25 bps US Fed rate cut stabilise the Indian rupee?

As the Indian rupee hovers near record lows, currency traders are keenly awaiting the US Federal Reserve’s policy decision on Wednesday, December 10, with hope that a 25-basis-point rate cut, accompanied by a dovish tone from Chair Jerome Powell, will

CBI books Anil Ambani’s son, Reliance Home Finance in Rs 228 crore bank fraud case

The CBI has booked the son of industrialist Anil Ambani, Jai Anmol Anil Ambani, and Reliance Home Finance Ltd. (RHFL) in a case of alleged cheating in Union Bank of India that caused a loss of Rs 228 crore to

Sensex tanks 610 pts; Nifty slips below 26K

Equity benchmark indices Sensex and Nifty nosedived on Monday after two consecutive days of gains, as investors rushed to take profits amid the unabated selling of stocks by foreign investors. Photograph: Francis Mascarenhas/Reuters Analysts said investors turned defensive ahead of

‘Need anti-dumping duties on Chinese excavators, cranes’

The Indian government should urgently consider imposing safeguard or anti-dumping duties on imports of two construction equipment segments — crawler excavators and tower cranes — as Chinese companies are rapidly expanding their presence in these markets in India through ‘predatory’

Intel, Tata in JV to make, assemble semiconductors in India

US-based chip maker Intel has signed an agreement with Tata Group to manufacture and assemble semiconductors in India for the local market, the Indian conglomerate said on Monday. Image used for representation purpose only. Photograph: Kim Kyung-Hoon/Reuters Under the agreement,

IndiGo falls to 5th in global market-cap rankings as turbulence hits India’s largest airline

At its height, IndiGo was valued at $27.3 billion, placing it at the top of the global airline market-cap table. But a seven-session losing streak has wiped out nearly $4.5 billion in value — a decline almost equal to the

Small-cap stock under ₹100 hits upper circuit after these updates

Shares of Elitecon International were locked at the 5% upper circuit limit in Monday’s trade, December 08, at ₹90.20 apiece, in an otherwise weak market, on the back of a strong rise in trading volumes. The company, in a filing