📰 India Business Brief: Top Headlines for December 17, 2025
Published: 2025-12-17 08:30 IST | Category: Markets | Author: Abhi
Economic Times
- The Reserve Bank of India's $5 billion dollar-rupee buy-sell swap program attracted overwhelming demand, with bids totaling $10.35 billion. The RBI accepted $5.07 billion to inject durable liquidity into the inter-bank market.
- The Lok Sabha passed the Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025, increasing the foreign direct investment (FDI) limit in the insurance sector to 100% from 74%.
- India is projected to maintain salary hikes at 9% in 2026, with the manufacturing and automotive sectors expected to lead.
- JSW Energy announced plans to establish wind turbine blade manufacturing units in Karnataka and Gujarat.
- Several stocks are in focus today, including Ola Electric, Vedanta, Coal India, Indian Overseas Bank (IOB), and Lodha Developers. The Centre is set to divest up to a 3% stake in IOB through an offer for sale, and Vedanta's plan to split into separate listed entities has received approval from the National Company Law Tribunal.
- Mutual fund managers adopted a cautious stance in November, with private banks and NBFCs emerging as top sector picks.
- Hindustan Zinc stock experienced a dip after reaching fresh highs earlier in December 2025, prompting investor analysis.
Business Standard
- The stock market opened with a lacklustre trend, as indicated by GIFT Nifty, while Asian markets showed mixed trading.
- Mizuho Financial is set to acquire KKR-backed Avendus Capital as part of its expansion strategy in India.
- Antique has issued a new 'Buy' rating for Apar Industries, forecasting a potential 20% upside for the stock.
- The markets experienced a second consecutive day of decline, with the Nifty dipping by 0.6% and small-cap stocks falling by 1%.
- The ICICI Pru AMC IPO was subscribed 39 times, attracting bids worth nearly ₹3 trillion.
- A recent Bombay High Court ruling has highlighted concerns regarding the misuse of petitions to obstruct Initial Public Offerings (IPOs).
- American banking giant JP Morgan is establishing Asia's largest Global Capability Centre (GCC) in India.
- Apple reported record exports of iPhones from India in November, totaling $2 billion.
- The Centre aims to raise ₹2,100 crore by selling up to a 3% stake in Indian Overseas Bank.
- The founder of Ola Electric has sold personal shares to repay a ₹260 crore promoter loan.
- Quick commerce unicorn Zepto is reportedly preparing to file its draft IPO papers within the next 7-8 days.
- RBI Governor Neelkanth Mishra stated that the central bank would intervene only if rupee volatility significantly increases.
Mint
- Market expert Ankush Bajaj provided his top three stock recommendations for December 17.
- Anand Rathi's Mehul Kothari recommended CG Power, Marico, and Britannia as top stocks to buy today.
- The Indian equity market saw a mild correction on Monday, December 16, 2025, with the Nifty 50 closing 0.64% lower at 25,860.10, driven by profit booking in heavyweight sectors.
- Vaishali Parekh also offered her recommendations for three stocks to buy today.
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Tags: Headlines Business News Economic Times Business Standard Mint Top News