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CBI Court Ahmedabad sentences four to three years’ imprisonment in bank fraud case

Dec 13, 2025

Ahmedabad, Dec 13 (IANS) A CBI court in Ahmedabad has convicted and sentenced four private individuals to three years’ rigorous imprisonment each, along with a fine of Rs 50,000 per person, in a bank fraud case involving Bank of Baroda, an official statement said on Saturday.The convicted accused are Manojbhai B. Tanti, Pareshbhai M. Tanti, Poorva…

Reduction in CPI inflation owing to GST cuts likely to be 35 bps this fiscal: Report

Dec 13, 2025

New Delhi, Dec 13 (IANS) The reduction in goods and services tax (GST) is expected to cut consumer price index (CPI) inflation by roughly 25 basis points in the September–November 2025 period and could reduce 35 basis points this fiscal…

Business

‘Pax Silica’ declaration aims to counter China’s growing AI ambitions

Dec 13, 2025

Washington, Dec 13 (IANS) The United States, South Korea and other partners have adopted the "Pax Silica" Declaration for cooperation to build a "trusted" supply chain ecosystem for artificial intelligence (AI), critical minerals and other…

Business

CPI inflation to average 2.5 pc in FY26, GST cuts to support core inflation: Report

Dec 13, 2025

New Delhi, Dec 13 (IANS) The consumer price index (CPI) inflation is likely to average 2.5 per cent this fiscal (FY26) and the Reserve Bank of India (RBI) will stay data dependent on future rate decisions, especially amid an uncertain…

Business

Indian stock market ends in bullish tone over hopes of renewed FII inflows

Dec 13, 2025

Mumbai, Dec 13 (IANS) Indian equity benchmarks made marginal losses during the week amid sustained FII outflows and uncertainty surrounding the US-India trade negotiations.However, the market ended the week in a bullish tone with Nifty…

Business

CERT-In building robust and trusted cyber defence architecture: Govt officials

Dec 13, 2025

New Delhi, Dec 13 (IANS) With CERT-In’s research collaborations, public–private partnerships and participation in international forums, the national cyber security agency is building a robust and trusted cyber defence architecture aligned…

Business

Govt-supported AIFs invest Rs 2,839 crore in 154 women-led startups

Dec 13, 2025

New Delhi, Dec 13 (IANS) The government is implementing three flagship schemes — Fund of Funds for Startups (FFS), Startup India Seed Fund Scheme (SISFS) and Credit Guarantee Scheme for Startups (CGSS) — to support startups across…

Business

Govt boosts grievance redressal mechanism in BFSI sector

Dec 13, 2025

New Delhi, Dec 13 (IANS) In order to streamline the process of grievance redressal mechanism in the banking, financial services and insurance (BFSI) sector, the Department of Financial Services (DFS) has been undertaking several key…

Business

‘MP Mahotsav’ begins at Madhya Pradesh Bhawan in Delhi, no entry fee for visitors

Dec 12, 2025

Bhopal/New Delhi, Dec 12 (IANS) Chief Minister Mohan Yadav virtually inaugurated the three-day ‘Madhya Pradesh Utsav’ at the ‘Madhya Pradesh Bhawan’ in New Delhi on Friday. Addressing the event virtually from his residence in Bhopal, Yadav…

Business

Maha govt tables bill to address concerns over conveyance deeds for new residential projects

Dec 12, 2025

Nagpur, Dec 12 (IANS) In a significant move aimed at protecting the interests of flat owners and housing societies and curbing malpractices by developers who withhold property titles, the Maharashtra government has proposed a key amendment…

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