December 8, 2025

Karnataka Faces ₹15,000 Crore GST Loss, Explores Land Monetisation and Licence Auctions

Karnataka is losing ₹15,000 crore annually in GST revenue after rate changes. The government plans land sales and liquor licence auctions but fears low returns. Borrowing is rising as revenue growth slows. Big projects and flagship schemes add pressure on the state’s finances.

December 8, 2025

ED Attaches ₹4,189.89 Crore in Crypto Cases, Declares One Fugitive Economic Offender

Enforcement Directorate attached ₹4,189.89 crore linked to crypto crime and named one accused as Fugitive Economic Offender. CBDT found ₹888.82 crore undisclosed income from virtual digital assets.

December 8, 2025

IndiGo Cancels Over 250 Flights as Crisis Hits Seventh Day; DGCA Extends Reply Deadline

IndiGo cancelled 251 flights from Delhi and Bengaluru on December 8 due to major operational issues. DGCA extends deadline for CEO and COO to respond to show-cause notices amid ongoing disruptions.

December 8, 2025

Sensex Falls 316 Points; Nifty Drops 107 Points Amid Foreign Fund Outflows

On December 8, 2025, India's key stock indices Sensex and Nifty fell by 0.37% and 0.41%. Losses in services and realty shares and continuous foreign fund outflows hit the market early on Monday.

December 7, 2025

ED to Chargesheet Gurugram Real Estate Firm for ₹222 Crore PMAY Fraud

Enforcement Directorate to soon chargesheet Ocean Seven Buildtech and its MD Swaraj Singh Yadav in a ₹222 crore PMAY scam. Yadav was arrested for laundering homebuyers’ funds via fake resale and cash deals. Assets are being valued for attachment to compensate victims.