Indian Railways recorded a 4.2% increase in freight loading during November, reflecting sustained economic momentum across core industrial sectors. Higher movement of coal, cement, food grains, and other bulk commodities contributed to the growth, underscoring the railway network’s pivotal role in supporting India’s supply chain. The month’s performance highlights improved efficiency, better asset utilization, and a continued shift of freight from road to rail due to cost advantages.

The Reserve Bank of India (RBI) has reaffirmed State Bank of India (SBI), ICICI Bank, and HDFC Bank as Domestic Systemically Important Banks (D-SIBs), underscoring their critical role in maintaining financial stability. These institutions, due to their scale, interconnectedness, and vast customer base, are mandated to maintain higher capital buffers to safeguard against systemic risks. The latest review highlights their continued dominance within India’s banking landscape, reinforcing regulatory expectations around resilience, governance, and risk management.

Zingbus, one of India’s rapidly growing intercity mobility platforms, has announced an expansive plan to scale its electric bus fleet to 1,000 vehicles over the next few years. The initiative marks a major push toward sustainable long-distance travel and reflects rising demand for low-emission transport solutions across key travel corridors. By significantly enlarging its EV fleet, Zingbus aims to reduce operational costs, enhance passenger comfort, and support India’s broader decarbonization goals.

Maruti Suzuki is accelerating its transition into India’s fast-growing electric mobility space with a comprehensive strategy that includes expanding its EV fleet, strengthening charging infrastructure, and consolidating its leadership position in the passenger vehicle market. The company plans to launch multiple electric models over the next few years while sharply increasing public and private charging points across the country. Backed by strong sales momentum and a robust dealer network, Maruti Suzuki is positioning itself to compete aggressively with established EV players.

Bajaj Housing Finance Ltd. (BHFL) has secured Rs 1,588 crore through a strategic stake sale, drawing participation from prominent global and domestic institutional investors. The transaction, which forms part of the company’s broader plan to strengthen its capital base ahead of a potential public listing, reinforces investor confidence in India’s expanding housing finance market. The infusion is expected to enhance BHFL’s lending capacity, support its long-term growth trajectory, and help the company meet regulatory requirements.

Aadhaar-based authentication activity registered a notable uptick in November, climbing 8.5% month-on-month to reach 231 crore transactions. The growth reflects the expanding role of Aadhaar in India’s digital public infrastructure, particularly in financial services, welfare distribution, telecom, and online verification systems. The increase comes amid sustained expansion of digital payments and identity-linked services across sectors.

Aequs, a diversified contract manufacturing company with a strong presence in aerospace, toys, and consumer durable components, has raised Rs. 414 crore from anchor investors ahead of its upcoming initial public offering. The substantial anchor book participation underscores investor confidence in Aequs’ integrated manufacturing model, export-driven business, and long-term expansion strategy. The allocation to a mix of domestic and global institutional investors positions the company for a stable listing while strengthening its capital structure for future growth.

Vidya Wires Ltd. has raised Rs. 90 crore from anchor investors ahead of its initial public offering, signalling robust institutional confidence in the company’s growth prospects. The pre-IPO allocation marks an important milestone for the wire and cable manufacturer as it prepares to list on the domestic exchanges. The anchor book saw participation from a mix of domestic funds and prominent institutional investors, underscoring the company’s market credibility and the broader appetite for manufacturing-focused IPOs.

The Finance Ministry has clarified that it has no plans to increase foreign direct investment (FDI) in public sector banks (PSBs), bringing an end to speculation surrounding possible changes to ownership norms in the banking sector. The clarification comes amid ongoing discussions on banking reforms, capital infusion needs, and the evolving role of foreign investors in India’s financial institutions. By maintaining the current regulatory framework, the government aims to preserve strategic control over state-owned banks while ensuring financial stability.

The government has launched Bharat Taxi, a new ride-hailing application designed to enhance mobility services and provide commuters with a reliable, transparent, and cost-effective transportation option. The initiative seeks to offer an indigenous alternative in a sector currently dominated by private aggregators, while ensuring better regulatory oversight and improved working conditions for drivers. By integrating digital payments, real-time tracking, and standardized fare structures, Bharat Taxi aims to create a safer and more accountable ecosystem.