ECONOMY & NATION


Moneylife Digital Team 10 December 2025
Aviation regulator directorate general of civil aviation (DGCA) has deployed an eight-member oversight team of senior flight operations inspectors to closely monitor IndiGo’s functioning. According to the regulator’s order issued on 10 December 2025, two officers will now be stationed daily at...

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Bar  and   Bench 10 December 2025
The Rajasthan High Court on Tuesday rejected a plea moved by Axis Bank against a trial court order for refund of over ₹8 crore appropriated by it in a criminal case related to a fraud on farmers (Axis Bank Ltd vs State Of Rajasthan).   The trial court had warned of action against the bank CEO...

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Moneylife Digital Team 10 December 2025
The Mumbai bench of the income tax appellate tribunal (ITAT) has set aside an addition of ₹59.87 lakh made by the income tax (I-T) department on the basis of stamp duty valuation, holding that the valuation prevailing on the date of the property’s allotment must be adopted when part...

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Giti Pratap (Bar  and   Bench) 10 December 2025
Almost 107 Members of Parliament (MPs) from the Dravida Munnetra Kazhagam (DMK) and other opposition parties have moved a motion in Parliament to impeach Madras High Court judge Justice GR Swaminathan.    The impeachment motion moved in the Lok Sabha alleged that Justice Swaminathan has been...

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Moneylife Digital Team 09 December 2025
India’s real estate insolvency landscape may be on the brink of its most significant overhaul yet, with India Ratings and Research (Ind-Ra) saying that the move toward a dedicated project-level bankruptcy framework could fundamentally reshape how distressed housing projects are resolved and how...

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Moneylife Digital Team 09 December 2025
Central bureau of investigation (CBI) has launched a multi-pronged probe into alleged bank frauds involving companies of the Reliance Anil Dhirubhai Ambani (ADA) group, registering separate first information reports (FIRs) and carrying out searches in Mumbai and Pune — including at the...

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Moneylife Digital Team 09 December 2025
Central bureau of investigation (CBI) has launched a multi-pronged probe into alleged bank frauds involving companies of the Reliance Anil Dhirubhai Ambani (ADA) group, registering separate first information reports (FIRs) and carrying out searches in Mumbai and Pune — including at the...

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Moneylife Digital Team 09 December 2025
On 3 December 2025, the Indian stock market witnessed a corporate drama that would dominate headlines for days. Kotak Securities released a detailed report questioning the financial reporting practices of Kaynes Technology India Ltd (Kaynes)—a fast-growing electronics manufacturer that had...

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KBS Sidhu 09 December 2025
The Indian Constitution promises equality before the law. Yet in recent years, the income tax department’s application of Section 13A—which governs the exemption of political party income from taxation—has raised uncomfortable questions about whether this principle applies uniformly or...

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KBS Sidhu 09 December 2025
The Indian Constitution promises equality before the law. Yet in recent years, the income tax department’s application of Section 13A—which governs the exemption of political party income from taxation—has raised uncomfortable questions about whether this principle applies uniformly or...

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Moneylife Digital Team 09 December 2025
India’s aviation sector is once again at an inflection point, with the meltdown at IndiGo—marked by mass cancellations, spiralling fares and widespread passenger distress—laying bare deeper structural and governance failures that have long plagued the industry. A new analytical report by a...

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Moneylife Digital Team 09 December 2025
A decade of financial crime enforcement data tabled in the Lok Sabha reveals a stark mismatch between the explosive rise in investigative action and the limited judicial outcomes that followed. The ministry of finance (MoF) disclosed that the directorate of enforcement (ED) registered 6,444...

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Moneylife Digital Team 09 December 2025
Reserve Bank of India (RBI) has imposed a total penalty of ₹4.25 lakh on three cooperative banks for non-compliance with its regulatory directions. The highest penalty has been imposed on Maharashtra-based Yavatmal Urban Cooperative Bank Ltd.   Other banks penalised by RBI are: Pattukottai...

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Moneylife Digital Team 08 December 2025
The scene at Bengaluru's Kempegowda International Airport this week resembled a disaster zone, although no natural calamity had struck. Over 124 IndiGo flights disappeared from departure boards in a single day. Thousands of passengers, many travelling for year-end holidays or important business...

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Moneylife Digital Team 08 December 2025
Sharply criticising an Allahabad High Court (HC) ruling that had downplayed the seriousness of an assault on an 11-year-old girl, the Supreme Court on Monday delivered a strong message on the need for sensitivity in cases involving sexual violence against minors. The apex court, which initiated...

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Moneylife Digital Team 08 December 2025
India’s banking system has written off nearly ₹8.90 lakh crore in non-performing assets (NPAs) over the past five financial years and the current year up to September 2025, marking one of the largest balance-sheet clean-ups undertaken by the sector. Further, public sector banks (PSBs) have...

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Moneylife Digital Team 08 December 2025
The directorate of enforcement (ED) has attached proceeds of crime worth ₹4,189.89 crore in a series of crypto-linked money laundering investigations and declared one accused as a fugitive economic offender, the government informed the Lok Sabha on Monday. Further, as part of its compliance...

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Moneylife Digital Team 08 December 2025
Reserve Bank of India (RBI) has imposed penalties of ₹1.11 crore  on Jammu and Kashmir Bank Ltd (J&K Bank), two non-banking financial companies (NBFCs) and one housing finance company (HFC) for non-compliance with the directions issued by the banking regulator. The highest penalty of ₹99.30...

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Nushaiba Iqbal (IndiaSpend) 08 December 2025
The cost of groceries per person per day in Mizoram was Rs 77.5 in November 2025, about Rs 20 more than the all-India average (Rs 57), as per Food Price Watch, IndiaSpend’s realtime dashboard, which aggregates food prices from various groups across the country to estimate how much an individual...

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Moneylife Digital Team 07 December 2025
IndiGo on Sunday insisted that its board of directors had intervened 'on the very first day' of its nationwide operational collapse, even as the airline continued to cancel hundreds of flights for the sixth straight day and regulators escalated action over what they termed 'large-scale...

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