December 12, 2025

Rupee Hits Record Low of 90.41 Against US Dollar on Trade Deal Concerns

The Indian rupee fell to an all-time low of 90.41 against the US dollar on December 12, 2025. Weak investor sentiment due to delays in the India-US trade deal and foreign fund outflows put pressure on the currency. Despite global factors, experts expect the rupee to stay weak for now.

December 12, 2025

Prada To Launch $930 'Made in India' Kolhapuri Sandals After Cultural Backlash

Prada will release 2,000 pairs of Kolhapuri sandals made in India for $930, after facing cultural appropriation criticism. The brand teams up with artisans in Maharashtra and Karnataka. The collection arrives in February 2026, blending Italian design with Indian craftsmanship.

December 12, 2025

Iconic Star Wars Poster Painting Sells for Record $3.875 Million at Auction

The original Star Wars poster painting by Tom Jung sold for $3.875 million, breaking records for movie poster art. Owned by producer Gary Kurtz’s family, it shows key scenes from the 1977 film and captures fans’ hearts worldwide.

December 12, 2025

IndiGo Appoints Aviation Expert Captain John Illson for Flight Disruption Review

IndiGo's board approved Captain John Illson of Chief Aviation Advisors LLC to conduct an independent review of recent flight disruptions. The expert will analyze causes and suggest improvements, delivering a detailed report soon.

December 12, 2025

Mercedes-Benz India to Raise Car Prices Up to 2% From January Due to Rupee Weakness

Mercedes-Benz India will increase vehicle prices by up to 2% starting January. The rise is due to the weakening rupee against the euro and higher costs. Despite strong local production, price changes are needed to manage inflation and supply chain pressures.