- SpaceX is worth $800 billion, report says. This is only the beginning. December 14, 2025A secondary offering of SpaceX stock, offering liquidity to insiders, valued the rocket company at $800 billion, according to Bloomberg.
- Nvidia may increase H200 AI chip output amid high demand from Chinese companies including Alibaba, ByteDance: Report December 13, 2025Nvidia is considering increasing production of its H200 AI chips for Chinese clients due to high demand, as per a Reuters report citing sources. Major companies including Alibaba and ByteDance are interested in large orders, it added.
- Rural demand surges as GST rate cuts, slowing inflation help to boost consumption December 13, 2025India's rural economy rebounded in late 2025, with increased consumption and income following GST rate cuts. The NABARD survey revealed 79.2% of households raised spending, while inflation levels fell. FMCG companies are focusing on rural strategies for sustained expansion.
- First Brands Aims to Assure Lenders by Chasing Trapped Funds December 12, 2025First Brands advisers sought to reassure skittish creditors after the value of its $1.1 billion rescue loan collapsed, saying business has stabilized since filing Chapter 11 and moving to unlock funds from receivables it can’t currently access.
- IRS Finds $10.6 Billion in Crimes as Agents Ramp Up Warrants December 12, 2025The Internal Revenue Service uncovered $10.6 billion in financial crimes — a nearly 16% increase from the year prior — even as it deployed agents to Trump administration law enforcement priorities far beyond their usual remit.
- India, Georgia review bilateral relations at 8th Foreign Office Consultations December 14, 2025India and Georgia held their 8th Foreign Office Consultations in Tbilisi. Discussions focused on strengthening bilateral ties across political, economic, and cultural spheres. Both nations reviewed regional and global issues. This meeting aims to deepen the strategic relationship. Historical and cultural links between the two countries were also highlighted. […]
- India–Mexico FTA talks begin amid looming tariff hikes December 14, 2025India and Mexico are discussing a free trade agreement. This comes as Mexico plans to impose new tariffs on imports from non-preferential partners like India. The terms of reference for the pact are expected soon. Both nations aim for mutually beneficial solutions. This move could strengthen bilateral trade ties and address concerns over rising duties.
- CBDT flags bogus claims on political and charitable donations December 14, 2025The Central Board of Direct Taxes has uncovered significant misuse of tax deductions for political and charitable donations. A campaign has begun, urging taxpayers to review and correct their income tax returns. The department is taking action against intermediaries involved in issuing bogus receipts. Taxpayers are encouraged to voluntarily update their retu […]
- Three US lawmakers introduce resolution to end India tariffs December 13, 2025Three US lawmakers have introduced a resolution in Congress. They aim to end tariffs imposed by the Trump administration on India. The lawmakers believe this tariff strategy is counterproductive. It weakens a critical partnership between the two nations. The resolution seeks to terminate the national emergency that authorized these tariffs.
- India engaged with Mexico over 'unilateral' tariff hike December 13, 2025India is actively engaging with Mexico to find mutually beneficial solutions regarding Mexico's unilateral tariff hikes on certain products. While New Delhi seeks to protect its exporters' interests, both nations are also working towards finalizing terms for a free trade agreement to stabilize trade relations.
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