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

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.

December 12, 2025

IMF Sets 11 New Conditions for Pakistan’s $7 Billion Bailout Program

IMF hits Pakistan with 11 fresh conditions under its $7 billion bailout. Key demands include tackling corruption, improving tax collection, reforming the sugar industry, and enhancing the power sector by 2025.

December 12, 2025

ED Attaches ₹17.91 Crore Assets in Pearlvine International Ponzi Scam Across India

The Enforcement Directorate has attached assets worth ₹17.91 crore linked to the Pearlvine International Ponzi scam. The scam collected ₹1,575 crore and affected investors nationwide between 2018 and 2023.