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.

December 12, 2025

CCI Probes IndiGo for Breach of Competition Norms After Flight Chaos

CCI is examining if IndiGo abused its dominant position after hundreds of flight cancellations caused major travel chaos. No formal complaint yet, probe is suo motu.

December 12, 2025

Russia's Oil Exports Plunge to Lowest Since Ukraine War Amid Sanctions and Strikes

Russia's oil exports dropped to 6.9 mb/d in November, the lowest since the Ukraine war started. Falling prices and attacks cut revenues by $3.6 billion, says IEA. US sanctions and Ukraine's strikes hit Russia’s oil trade hard.

December 12, 2025

Tesla’s US Sales Hit Nearly Four-Year Low Despite Cheaper Models

Tesla’s US sales plunged to the lowest level since 2022 in November. Cheaper Model 3 and Model Y ‘Standard’ versions failed to boost demand after the EV tax credit ended.