Sensex down 275 points on fag-end selling

Benchmark stock indices Sensex and Nifty declined for the third straight day on Wednesday to close at a nearly month’s low, dragged by a last-hour selloff in consumer durables, private banks and IT shares. Photograph: Danish Siddiqui/Reuters In a volatile

GST 2.0 boosts petrol-diesel car sales over EVs

While GST on ICE vehicles was brought down significantly, for electric cars it remained at 5 per cent. Photograph: Bhawika Chhabra/Reuters The goods and services tax (GST) reforms clearly tilted the scales in favour of internal combustion engine (ICE) cars

US court reverses $1 bn damages against Byju

A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd – the parent firm of ed-tech platform Byju’s. Illustration: Dominic Xavier/Rediff The Delaware

US Stock Market LIVE Updates: All eyes on Jerome Powell as FOMC set to announce its rate cut decision tonight

US Stock Market Live Updates: Futures on Wall Street are on the edge ahead of the all important interest rate decision from the US Federal Reserve, which will be announced at 12:30 AM on Thursday, followed by a Press Conference

Nephrocare Health IPO off to slow start, subscribed 0.13x on opening day

The initial public offering (IPO) of dialysis services provider Nephrocare Health Services received a muted response from all segments of investors during its first day of bidding. The issue, which opened for subscription today, December 10, was booked just 0.13

When Satya Met Modi… – Rediff.com Business

Microsoft Chairman and CEO Satya Nadella met Prime Minister Narendra Modi for the second time this year. Satya’s visit was focused on India’s AI roadmap, backed by a $17.5 billion commitment for infrastructure and skill-building.   IMAGE: Satya meets Modi

Microsoft to invest $17.5 billion for India’s AI-first future

Microsoft CEO Satya Nadella on Tuesday announced plans to invest $17.5 billion in India to help build infrastructure and sovereign capabilities for the country’s AI-first future, marking the third major AI-driven investment in the country in the past two months.

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