Jewellery units lose sheen amid demand slump
 

The future of India’s ethanol industry: Opportunities and challenges in achieving 20% blending by 2025
India’s energy landscape is undergoing a significant transformation, with ethanol emerging as a pivotal solution to address the country’s energy security, environmental concerns, and rural economic growth. The government’s decision to advance the target for 20% ethanol blending (E20) in petrol by 2025 demonstrates the country’s commitment to cleaner energy alternatives. While this transition brings immense opportunities, it also poses several challenges that require strategic interventions to ensure long-term viability.

India sees higher oil demand growth than China
 

JSW Energy to buy O2 Power for $1.47 billion
JSW Energy to acquire O2 Power for enterprise value of Rs 12,468 crore
The Financial Express

Trump tariffs to define global trade in 2025, India has fingers crossed
The liberal use of threats of tariffs by US President elect Donald Trump before his inauguration in January puts all forecasts of how world trade would shape up in the  coming year difficult but Indian exporters are mostly positive about the prospects and their biggest worry stems from demand slowdown in bigger markets.

Rupee breaches 85.70 against US dollar, sees steepest single-day loss since February 2023
The Indian rupee depreciated to a fresh record low on Friday, amid strong dollar demand in the non-deliverable forwards (NDF) market. The rupee dropped 0.6% to a fresh record low of 85.7437 per dollar, registering its steepest single-day fall since February 2023, according to Bloomberg.

Manmohan Singh’s foreign policy: Vision, achievements, and challenges
Manmohan Singh, who served as India’s Prime Minister from 2004 to 2014, is widely regarded for his measured, pragmatic, and diplomatic approach to foreign policy. His tenure saw India’s rise as a key player on the global stage, with important milestones in strengthening ties with major powers and addressing regional issues. However, his leadership also came under scrutiny for several challenges, particularly in dealing with Pakistan and managing border tensions with China.

Forex reserves drop by $8.478 billion to $644.391 billion
India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility
mint

Auto stocks drive markets higher; Sensex up 500 points in early trade
Indian equity benchmarks opened higher on Friday, led by strong performance in auto stocks, as markets showed resilience despite mixed global cues in the penultimate trading session of 2024. The BSE Sensex rose 505.16 points or 0.64 per cent to 78,977.64, while the NSE Nifty gained 168.15 points or 0.71 per cent to reach 23,918.35 at 10.01 AM.