📰 India Business Brief: Top Headlines for December 12, 2025

Economic Times

• The Indian Rupee has depreciated to a record Rs 90.42 against the US Dollar, following the US Federal Reserve's latest rate cut.
• The US Federal Reserve has reduced interest rates for the third consecutive time.
• India's exports are projected to increase by 15%, potentially reaching around $36 billion for November.
• Mexico has imposed tariffs of up to 50% on goods from India and several other Asian countries.
• IndiGo CEO Pieter Elbers has been summoned to appear before the Directorate General of Civil Aviation (DGCA) today, December 12, 2025, concerning the airline's significant operational disruptions.
• Jindal Steel & Power, controlled by Naveen Jindal, announced a tripling of its annual capacity for heat-treated plates.
• ITC Hotels has signed the 150-key Epiq Collection Jaipur, Bagru, with its opening anticipated in 2030.
• Glenmark Pharmaceuticals is set to launch a generic medication this month in the US market for the treatment of anemia.
• Defense public sector unit BEML has rolled out a prototype of its new driverless metro trainset at its Bengaluru facility.
• Unique Document Identification Numbers (UDINs) have reportedly prevented potential financial frauds estimated between Rs 70,000 to Rs 80,000 crore.
• ISRO is preparing to launch BlueBird-6, a 6.5-tonne satellite, which will be its largest US commercial payload.
• Samsung plans to increase its manufacturing in India for global markets over the next decade.
• The S&P 500 and Dow Jones reached record highs, while the Nasdaq experienced a stall as investors shifted towards small-cap and cyclical stocks after the Fed's rate cut.
• Zerodha's liquid ETF initiative is driving a significant shift in fixed-income investments, with its liquid fund rapidly growing to INR6,500 crore.
• US President Donald Trump has signed an executive order aimed at blocking states from implementing their own AI regulations.

Business Standard

• Indian stock markets rebounded on Thursday after three consecutive days of decline.
• NBCC (India) secured project management consultancy orders totaling ₹255.5 crore from Nalco and ₹33.89 crore from SAIL Bokaro.
• Stocks on the Dhaka Stock Exchange (DSE) saw an uptick, reversing recent losses due to pre-election optimism, though overall turnover decreased.
• Over 62% of listed companies in Bangladesh have not yet appointed at least one woman independent director, despite an extended deadline to December 2025.
• Egg prices have dropped significantly, causing losses for farmers due to overproduction.
• Nuvama indicates that India Inc is facing a capital allocation deadlock amidst softening demand.
• ICICI Prudential AMC successfully raised ₹3,021 crore from anchor investors in advance of its Initial Public Offering (IPO).
• Equity Mutual Fund flows reversed a three-month downward trend, surging 21% to ₹29,911 crore in November.
• A parliamentary panel may summon officials from the DGCA and the Ministry of Civil Aviation regarding the IndiGo crisis.
• Insurers are still in negotiations with distributors regarding commission revisions following GST cuts.

Mint

• Indian stock market indices, including Sensex and Nifty 50, are anticipated to open strongly today, December 12, driven by the US Federal Reserve's rate cut and subsequent record highs in US markets.
• MCX gold prices surged by ₹1,500 per 10 grams, a direct result of the US Fed's rate cut boosting safe-haven demand.
• Small-cap stocks priced under ₹50 are expected to be a key focus for investors today.
• The CEO of IndiGo, Pieter Elbers, has been summoned again by the DGCA for further questioning regarding operational disruptions.
• Reports suggest Google could face fines from the EU, following a warning from Trump regarding penalties on X.
• OpenAI, Google, and Microsoft have been directed to address 'harmful' AI behavior or face regulatory action.
• An OpenAI executive highlighted coding as one of three jobs that AI could automate sooner than generally expected.
• Google DeepMind is establishing a new Gemini-powered AI lab in the UK, dedicated to discovering new materials.
• Prime Minister Modi and US President Trump held a phone call to review India-US ties and discuss trade matters.
• Market analysts Raja Venkatraman and Vaishali Parekh have provided their top stock recommendations for today's trading.
• The Indian stock market sentiment has improved, with the Nifty 50 index showing a strong rebound.
• The weakening rupee, trading at 90.25 against the dollar, is a concern due to increased imported-inflation risks and potential for weaker dollar-adjusted returns for foreign investors.
• The Bank of Japan is expected to raise its policy interest rate to 0.75% next week.

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Tags: Headlines Business News Economic Times Business Standard Mint Top News