Daily Republic News
- Business
- December 10, 2025
Fertiliser Body Seeks GST Cut on Ammonia, Acid to 5% to Ease ITC Burden on Phosphatic Makers
The Fertilizer Association of India (FAI) is seeking two key GST clarifications to alleviate the financial strain on the fertilizer industry, lower GST on raw materials like ammonia and sulphuric acid from 18% to 5%, matching the tax rate on final fertilizer products.Speaking to Read More
- Business
- December 10, 2025
Adani Enterprises Rs 25,000 Cr Rights Issue Smashes Records with 108% Oversubscription
Adani Enterprises Ltd’s (AEL) Rs 25,000-crore rights issue, amongst the largest in India till date, closed on a strong note with 108% oversubscription. As of 5 p.m. on the closing day, the offer had received bids for 14.95 crore shares against 13.85 crore shares on offer.The issu Read More
- Business
- December 10, 2025
ED Seizes ₹54.8 Crore of Reliance Infrastructure Over Alleged Fund Diversion, Hawala Links
The Enforcement Directorate (ED) has seized assets worth Rs 54.82 crore belonging to Reliance Infrastructure Limited (R-Infra) under Section 37A of the Foreign Exchange Management Act (FEMA), marking a significant escalation in its probe into alleged fund diversion linked to high Read More
- Business
- December 10, 2025
Experts Warn on Unchecked AI Growth: Trust, Security and Balanced Regulation Urged at GTS
Experts in artificial intelligence (AI) have raised concerns over the risks of unregulated growth in the sector, emphasizing the need for careful oversight to harness its potential while addressing challenges such as trust, security, and ethical use.Speaking to ANI on the sidelin Read More
- Business
- December 10, 2025
India-US Trade Talks Advance: $500B Goal by 2030 Amid Tariff Fixes, Key Meet with Rick Switzer
India and the US are making progress on their bilateral trade agreement, with Commerce Secretary Rajesh Agrawal meeting US Deputy Trade Representative Rick Switzer on Wednesday to discuss trade and economic ties.The two sides are working toward a mutually beneficial agreement to Read More
- Business
- December 10, 2025
All Eyes On Federal Open Market Committee Rate Decision, What To Expect From Fed Chair Jerome Powell
As the Federal Open Market Committee (FOMC) wraps up its two-day gathering on December 10, 2025, investors are glued to the central bank’s moves in this last policy session of the year. Expectations are centred on a 25-basis-point interest rate reduction, but analysts say the rea Read More
- Business
- December 10, 2025
ICRA Projects Impact On IndiGo’s Fiscal Results After Nationwide Aviation Crisis Enters Day 9
After the IndiGo crisis continued for nine consecutive days, Credit rating agency ICRA said India’s largest passenger carrier is likely to face a financial dent in its near-term fiscal performance. This comes after IndiGo CEO’s Pieter Elbers claimed operations were back as usual, Read More
- Business
- December 10, 2025
Vedanta Unveils Rs 1 Lakh Crore Rajasthan Bet to Double Zinc, Silver, Oil & Gas, Renewables, Create 2 Lakh Jobs
Vedanta Group Chairman Anil Agarwal on Wednesday announced a whopping investment of Rs 1 lakh crore in Rajasthan to double production of zinc, lead, silver, oil & gas, and renewable energy. During the first-ever Pravasi Rajasthani Diwas held in Jaipur, where Anil Agarwal was hono Read More
- Business
- December 10, 2025
Sensex, Nifty Fall for 3rd Day Ahead of Fed 2026 Guidance; Meesho Soars 46% on Market Debut
Indian stock markets declined for the third consecutive session on Wednesday, as investors remained cautious ahead of the US Federal Reserve’s 2026 policy guidance, with ongoing foreign fund outflows further dampening sentiment.At the end of the trading session today, the BSE Sen Read More
- Business
- December 10, 2025
SBI MD flags need for regulator-led UPI ‘pause’ mechanism, highlights AI push in banking and fraud control
State Bank of India Managing Director (Corporate Banking and Subsidiaries) Ashwini Kumar Tewari on Wednesday said the banking system in India is looking at ways and means to help customers retrieve funds in cases of fraud or inadvertent transactions, but stressed that any move to Read More
