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US-Venezuela tensions: Airlines cancel flights from Caracas; FAA warns of unsafe airspace

Multiple international airlines suspended their departures from Venezuela on Saturday, following a US aviation alert warning of unsafe conditions in the country’s airspace. The cancellations come amid heightened tensions as the United States prepares a new phase of operations targeting Venezuela, raising concerns about the stability of the region.Gol of Brazil, Avianca of Colombia and…

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‘Richest, strongest US has ever been’: Donald Trump backs tariff push; takes dig at ‘sleepy’ Joe Biden

US President Donald Trump once again defended his aggressive tariff strategy, claiming it is generating “TRILLIONS of Dollars” for America and has functioned as a powerful tool to prevent international conflicts.In a Truth Social post on Sunday, Trump wrote, “We are taking in TRILLIONS of Dollars in Tariffs and Investment Dollars from foreign lands because…

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Markets reforms: Govt to table Securities Markets Code Bill in Winter session; unified law to merge Sebi, Depositories & trading Acts

The government has listed the Securities Markets Code Bill 2025 for introduction in the Winter session of Parliament starting December 1, according to a Lok Sabha bulletin. The unified legislation is aimed at boosting ease of doing business and reducing regulatory friction across India’s financial markets. The Bill proposes merging key securities laws, including the…

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Agri ties boost: India, Israel discuss deeper farm cooperation; focus on tech, innovation, trade

India and Israel have discussed ways to strengthen cooperation in the agriculture sector, the commerce ministry said on Saturday, PTI reported.Commerce and Industry Minister Piyush Goyal, during an official visit to Israel, met Israeli Minister of Agriculture and Food Security Avi Dichter for detailed discussions on advancing agricultural collaboration.Goyal also held a series of bilateral…

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Only 6 of 46 Indian EVs qualify for govt benefits as China-driven component imports dominate supply chain

NEW DELHI: The China factor weighs heavily on India’s emerging electric car market as the domestic supply chain for the green cars is still inadequate in key areas such as batteries, semiconductors and magnets.Consider this: of the 46 EV car models sold in the country, only six have been found eligible for benefits under the…

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Index reshuffle: IndiGo parent to enter Sensex from Dec 22; Tata Motors Passenger Vehicles dropped

InterGlobe Aviation, the operator of IndiGo, will be included in the BSE’s 30-stock benchmark index Sensex from December 22, the BSE Index Services said on Saturday.As part of the reconstitution exercise, Tata Motors Passenger Vehicles Ltd will be dropped from the index, the announcement added, PTI reported.The changes will take effect from market open on…

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Manufacturing slowdown: US factory activity slows as tariffs push up prices; services sector cushions overall growth

US manufacturing slipped to a four-month low in November as tariffs pushed up prices and dampened demand. According to news agency Reuters, the slowdown caused a build-up of unsold goods, raising concerns that it may drag down wider economic growth. Manufacturing hit by rising prices and weak demand S&P Global said the flash US manufacturing…

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IPO market cools after shutdown: US listings slow as SEC backlog delays approvals; tech slump adds pressure

The strong run in US initial public offerings has lost momentum due to the government shutdown and increased investor caution, as the Securities and Exchange Commission (SEC) works through a backlog of regulatory filings, according to market participants.Many IPOs expected in late 2025 are likely to be pushed to 2026 as the SEC clears “hundreds…

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Governance reforms: CAG Murthy lays out roadmap for Viksit Bharat; stresses access, data-driven systems

CAG K Sanjay Murthy (ANI) Comptroller and Auditor General of India K Sanjay Murthy on Friday said expanding access, strengthening data-driven governance and advancing institutional maturity in financial management are key pillars for achieving the Viksit Bharat vision, PTI reported.Speaking at the Viksit Bharat talk during the 100th Common Foundation Course at the Lal Bahadur…

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