India’s GDP Growth Hits 8.2% in Q2
Your daily dose of business news
🗞️ India orders phone companies to install government cyber safety app
India has mandated that all phone manufacturers pre-install a government cyber safety app on phones, which users will not be able to delete, aiming to enhance digital security and curb cyber threats.
🗞️ GST collection for November at ₹1.7 lakh crore
Gross GST collections for November 2025 stood at ₹1.7 lakh crore, growing by 0.7% compared to last year, indicating stable consumption demand amid macroeconomic uncertainty.
🗞️ Rupee slips to all-time low against USD
The rupee has hit a record low of ₹89.76 per US dollar, impacted by global economic uncertainties and higher crude prices.
💬 Expert Take — “The rupee’s decline signals ongoing external vulnerabilities, and may put further pressure on India’s inflation and trade balance.”
🗞️ Govt to sell 6% stake in Bank of Maharashtra
The government plans to raise ₹2,600 crore by selling 6% of its stake in the Bank of Maharashtra, as part of its ongoing disinvestment drive.
🗞️ India’s Current Account Deficit moderates
India’s current account deficit narrowed to $12.3 billion for Q2 FY26, from higher levels in the previous quarter, driven by strong export performance and moderate import growth.
🗞️ Finance Ministry clarifies stance on LIC’s Adani Investments
FM has clarified that it does not provide investment advice to LIC on matters such as Adani investments, stating the state insurer follows SOPs while making its investment decisions.
🗞️ LIC raises stake in Cipla
LIC has increased its stake in Cipla to 6.5%, showcasing confidence in the company’s long-term growth and business fundamentals.
🗞️ FDI inflows rise 18% to $35.18 billion
India’s FDI inflows surged by 18% to $35.18 billion in FY26, driven by strong investment from the US and global players seeking exposure to India’s growing market.
📊 Market Update
📉 Sensex: 85,706.67 ▼ 331.21 pts (–0.39%)
📉 Nifty 50: 25,959.50 ▼ 108.65 pts (–0.42%)
💱 USD/INR: 89.76
🪙 Gold (per gram): 24K ₹12,513 ▲ ₹71 | 22K ₹11,470 ▲ ₹65
🥈 Silver (per kg): ₹1,61,000 ▲ ₹4,000