The Finance Ministry clarified in Parliament that there are currently no proposals for the merger of any public sector banks. This statement comes amid market speculation regarding potential consolidation in the banking sector to enhance operational efficiency and strengthen balance sheets. Officials emphasized that while mergers have been considered in the past as part of banking reforms, no formal decisions or announcements are under consideration at this time.

Suzuki India recorded a 30% year-on-year increase in vehicle sales in November, reflecting sustained consumer demand and the company’s strategic positioning in the Indian automotive market. The surge was driven by strong performance across passenger cars and compact vehicle segments, supported by festive-season promotions and expanding dealership networks. Analysts highlight that rising consumer confidence, improving financing options, and new model launches contributed to the impressive growth.

The Khadi Mahotsav held in Lucknow recorded a remarkable 42% increase in sales compared to the previous edition, signaling rising consumer enthusiasm for sustainable and indigenous products. The festival, featuring a wide range of handwoven textiles, apparel, and eco-friendly merchandise, attracted thousands of visitors over its duration. Organizers highlighted that increased awareness, promotional campaigns, and the appeal of handcrafted goods contributed to the surge.

India witnessed a remarkable 18% increase in foreign direct investment (FDI) in 2025, reaching $35.18 billion, reflecting sustained investor confidence in the country’s economic reforms and growth prospects. Notably, investment from the United States doubled compared to the previous year, signaling deepening economic ties between the two nations. The surge spans sectors such as technology, manufacturing, and infrastructure, highlighting India’s attractiveness as a global investment destination.

The Indian government has announced that the Sanchar Saathi mobile application will now come pre-installed on new smartphones sold in the country. The app, developed to enhance mobile user security, helps verify the legitimacy of SIM cards, track mobile numbers, and prevent misuse. Authorities aim to bolster telecom security, protect user data, and simplify regulatory compliance for consumers and operators. Telecom experts note that pre-installation ensures wider adoption, strengthens fraud prevention mechanisms, and aligns with India’s broader digital governance initiatives.

Business tycoon Anil Ambani has approached the Supreme Court of India to challenge a fraud designation reportedly assigned to him by the State Bank of India (SBI). The legal move seeks to contest the classification, which carries reputational and financial implications for the Reliance Group chairman. Analysts note that this case underscores the growing scrutiny on high-profile corporate borrowers and the regulatory rigor in banking operations.

Diesel sales in India recorded a significant uptick in November, driven by heightened festive-season demand and strategic consumption ahead of Goods and Services Tax (GST) changes. Industry analysts note that increased logistics, transportation activities, and commercial usage contributed to the surge, reflecting broader economic momentum. The spike also highlights diesel’s critical role in supporting supply chains and industrial operations.

The Government of India has announced plans to divest a 6% stake in Bank of Maharashtra via an Offer for Sale (OFS), signaling its continued strategy to privatize public sector banks and enhance fiscal resources. The OFS is expected to attract institutional and retail investors, reflecting confidence in the bank’s robust financial performance and market position. Analysts note that this move aligns with broader government efforts to improve capital efficiency, strengthen the banking sector, and increase market participation in public sector enterprises.

Air India authorities, along with the Directorate General of Civil Aviation (DGCA), have initiated a comprehensive investigation into the recent Air India crash, examining all potential causes ranging from technical malfunctions to human error. The probe aims to ensure transparency, identify contributing factors, and recommend safety improvements to prevent future incidents. Aviation experts note that a meticulous approach is critical given the high stakes involved in passenger safety and airline operations.

ICICI Prudential Asset Management Company (AMC) has received regulatory approval from the Securities and Exchange Board of India (SEBI) to launch its initial public offering (IPO), marking a significant milestone in the firm’s growth trajectory. The move will allow the AMC to raise capital for business expansion, strengthen its market presence, and enhance investor participation in India’s mutual fund industry. Analysts note that the IPO is well-timed given robust inflows into mutual funds and growing retail participation.