Rupee crosses 90 mark against US Dollar to another record low as pressure mounts
The Indian Rupee hit a record low of 90.14 against the US Dollar in early trading on Wednesday, December 3. This is the third record low in as many days for the currency, as FPI outflows, the lack of clarity over the India-US trade deal, and the weakening past key levels are adding to the pressure on the currency.
Delhi chokes under toxic smog; several key zones record ‘severe’ air quality
Delhi woke up to a dense layer of toxic smog on Wednesday (December 3), with air quality slipping back into the ‘Severe’ category in several pockets of the national capital and nearby regions. The city experienced low visibility and a thick grey haze as particulate matter levels surged overnight.
At re:Invent 2025, AWS launches Trainium 3, Nova 2 to challenge Microsoft, Google, OpenAI
In one of its boldest moves in years, Amazon Web Services has thrown down the gauntlet to Microsoft, Google and OpenAI at its flagship re: Invent 2025 summit, signalling that the world’s largest and oldest hyperscaler intends not just to catch up in the AI race — but to leapfrog its rivals.
Sun Pharma shares in focus after ₹3,000 crore greenfield capacity expansion plan in Madhya Pradesh
Shares of Sun Pharmaceutical Industries Ltd. are in focus on Wednesday, December 3, after the company said its wholly-owned subsidiary Sun Pharma Laboratories will invest ₹3,000 crore to set up a facility in Madhya Pradesh.
Trump family-linked crypto stock sinks 50% in 30 minutes after shareholder lock-in ends
Shares of American Bitcoin Corp. plunged on Tuesday after the locked up shares of the company, co-founded by US President Donald Trump’s son Eric Trump, became eligible to be traded.
US markets stage a minor rebound in a volatile session; Bitcoin back above $90,000
The Dow Jones and the S&P 500, both turned negative in intraday trading, but managed to close with gains of 180 points and 0.2% respectively. The Nasdaq also tested the flatline during the session, but managed to outperform with gains of 0.6%.
Check-in glitch disrupts flights across India; Systems restored after hours-long outage
A nationwide check-in system glitch on Tuesday disrupted flight operations across multiple Indian airports, causing delays for several airlines and forcing passengers into long queues before services were restored later in the day.
HDFC Life to finalise terms for proposed ₹750 crore subordinated debt issue on December 8
HDFC Life Insurance Company Ltd on Tuesday (December 2) said it has scheduled a meeting of its Capital Raising Committee (CRC) on December 8, 2025, to approve the commercial terms for its proposed subordinated debt issuance of up to ₹750 crore.
Meesho raises ₹2,439 crore from over 60 anchor investors ahead of IPO
E-commerce company Meesho Ltd on Tuesday (December 2) said it has raised ₹2,439 crore from more than 60 anchor investors ahead of its Initial Public Offering. The allocation drew participation from major global institutional investors, including GIC, Fidelity and BlackRock, along with India’s largest domestic mutual funds such as SBI Mutual Fund, Axis Mutual Fund and Birla Mutual Fund.
FAQs | DoT doubles down on Sanchar Saathi pre-install mandate, calls move ‘constitutionally sound’
The Department of Telecommunications (DoT) is standing firm on its directive to pre-install the Sanchar Saathi app on all new smartphones, dismissing privacy concerns and calling the move “legally and constitutionally sound.”
Motilal Oswal Financial Services approves ₹300 crore NCD issuance via private placement
Motilal Oswal Financial Services Ltd on Tuesday (December 2) said its Finance Committee has approved the issuance of up to 30,000 fully paid, secured, rated, redeemable, listed senior bonds in the form of non-convertible debentures with a face value of ₹1,00,000 each, aggregating up to ₹300 crore.
