Lok Sabha pays tribute to Dharmendra, four other former members

IANS | December 1, 2025 12:13 PM

New Delhi, Dec 1 (IANS) The Winter Session of Parliament opened on a turbulent note on Monday as the Lok Sabha was forced to adjourn till noon barely minutes after it assembled at 11 a.m., drowned out by unrelenting opposition protests. As soon as the House met, Speaker Om Birla led members in paying rich tributes to five former parliamentarians who passed away recently.

RBI to cut policy repo rate by 25 bp on Dec 5: HSBC

IANS | December 1, 2025 11:55 AM

New Delhi, Dec 1 (IANS) Since inflation is set to remain well below target for the foreseeable future, HSBC Global Investment Research on Monday projected that the RBI will cut rates by 25 bp during its monetary policy committee (MPC) meeting on December 5 -- taking the policy repo rate to 5.25 per cent.

UPI transactions grow 32 pc in Nov as consumption remains robust

IANS | December 1, 2025 10:08 AM

New Delhi, Dec 1 (IANS) The unified payments interface (UPI) saw 32 per cent transaction count growth (year-on-year) at 20.47 billion in the month of November — along with registering 22 per cent annual growth in transaction amount at Rs 26.32 lakh crore, the National Payments Corporation of India (NPCI) data showed on Monday.

ED issues show-cause notices to CM Vijayan, ex-Kerala Minister Isaac, KIIFB CEO

IANS | December 1, 2025 9:51 AM

Thiruvananthapuram, Dec 1 (IANS) In a significant development with political and financial implications, the Enforcement Directorate’s (ED) Adjudicating Authority has issued show-cause notices to Kerala Chief Minister Pinarayi Vijayan, former Finance Minister Dr T.M. Thomas Isaac, KIIFB CEO K.M. Abraham and other senior officials over alleged violations of the Foreign Exchange Management Act (FEMA) in the issuance and use of Masala Bonds by the Kerala Infrastructure Investment Fund Board.