/images/ppid_59c68470-image-176495253863275914.webp)
What is the story about?
India–Russia ties dominated the headlines today as New Delhi and Moscow signed nearly two dozen agreements and set an ambitious $100 billion trade goal by 2030, backed by a promise of uninterrupted fuel supplies and fresh movement on an FTA.
Back home, the Reserve Bank delivered a 25 bps repo rate cut, calling this a rare Goldilocks moment with inflation soft and growth strong.
However, the aviation sector reeled under turbulence of its own, with over 1,000 IndiGo flights scrapped amid a rostering standoff, forcing the government to pause new norms.
Global markets were jolted too as Netflix agreed to buy Warner Bros Discovery for $72 billion, a deal that could reshape entertainment.
And in the regulatory space, Fino Payments Bank moved a step closer to becoming India’s first payments bank to transition into a small finance bank.
India–Russia trade surges 80% to $64 billion; Modi and Putin push deeper economic, energy and connectivity partnership
India and Russia on Friday signalled a decisive upgrade in their economic partnership, amid surging bilateral trade, expanding investment opportunities and a shared commitment to building new connectivity corridors. At the India–Russia Business Forum, Prime Minister Narendra Modi and President Vladimir Putin concluded summit talks that finalised the Vision 2030 economic roadmap, covering trade, energy security, nuclear cooperation, mobility and critical infrastructure.
Read more
RBI MPC Meeting: 'Unanimous' decision to cut rates by 25 basis points, stance remains 'neutral'
The Monetary Policy Committee (MPC) of the Reserve Bank of India announced a 25 basis points cut to its policy repo rate to 5.25% on Friday, December 5, after maintaining a status quo over the last two policies in August and October. The MPC had cut interest rates by 100 basis points across February, April and June.
Read more
Also Read: RBI expects inflation to be 4% or less till September
RBI offers a ₹1.5 trillion liquidity boost and a dovish view on inflation
The Reserve Bank of India (RBI) not only cut the benchmark interest rates, as expected by many, the central bank also promised a nearly ₹1.5 trillion liquidity boost via open market operations and a currency swap window.
Read more
Over 1,000 Flights Cancelled | IndiGo CEO Pieter Elbers says Dec 5 saw most disruptions
IndiGo CEO Pieter Elbers said Friday, December 5 was the most impacted day in the ongoing operational disruption, with flight cancellations "well over a thousand." He said the situation was the result of "various causes" and that the measures implemented over the last few days "haven’t proved to be enough."
Read more
Also Read: IndiGo Flight Chaos: Govt pauses new crew roster orders, directs airlines to compensate stranded fliers
Netflix to acquire Warner Bros in $82.7-billion deal
Netflix Inc and Warner Bros Discovery Inc (WBD) on Friday, December 5, announced a definitive agreement for Netflix to acquire Warner Bros, including its film and television studios, HBO Max and HBO, in a cash-and-stock deal valuing WBD at $27.75 per share. The transaction carries a total enterprise value of about $82.7 billion and an equity value of $72.0 billion.
Read more
Tobacco sector ‘highly evasion-prone’, even 40% GST not enough: FM defends cess
Finance Minister Nirmala Sitharaman on Friday, December 5, strongly defended the Health Security and National Security Cess Bill, 2025, in Lok Sabha, asserting that the levy targets only demerit goods like tobacco and pan masala while emphasising the government's need for steady defence funding.
Read more
RBI gives in-principle nod for Fino Payments Bank to become small finance bank
The Reserve Bank of India has granted in-principle approval for Fino Payments Bank to transition into a small finance bank, marking a first for the country’s payments bank sector.
Read more
Cloudflare outage disrupts trading platforms; services restored after brief global failure
A brief global outage at Cloudflare on Friday (December 5) disrupted access to several Indian trading platforms, including Zerodha, Groww and Upstox, before services were restored. The incident affected user logins, order placement and market data feeds during active trading hours.
Read more
AI story is strong: AWS CEO Matt Garman exclusive
The global CEO of Amazon Web Services downplayed fears of an AI bubble, even as he acknowledged the likelihood of some froth among startups. Speaking exclusively to CNBC-TV18’s Ashmit Kumar, Matt Garman said he remains upbeat about India and reaffirmed the company’s plan to invest nearly USD 13 billion in the country by 2030.
Simone Tata, Ratan Tata's stepmother, dies aged 95: All about her
Simone Tata, a key figure in the Tata Group, passed away on Friday, December 5, at Mumbai's Breach Candy hospital after a brief illness. She was 95.
Read more
We'll see you on Monday with another engaging 'Top 10@10.
Back home, the Reserve Bank delivered a 25 bps repo rate cut, calling this a rare Goldilocks moment with inflation soft and growth strong.
However, the aviation sector reeled under turbulence of its own, with over 1,000 IndiGo flights scrapped amid a rostering standoff, forcing the government to pause new norms.
Global markets were jolted too as Netflix agreed to buy Warner Bros Discovery for $72 billion, a deal that could reshape entertainment.
And in the regulatory space, Fino Payments Bank moved a step closer to becoming India’s first payments bank to transition into a small finance bank.
India–Russia trade surges 80% to $64 billion; Modi and Putin push deeper economic, energy and connectivity partnership
India and Russia on Friday signalled a decisive upgrade in their economic partnership, amid surging bilateral trade, expanding investment opportunities and a shared commitment to building new connectivity corridors. At the India–Russia Business Forum, Prime Minister Narendra Modi and President Vladimir Putin concluded summit talks that finalised the Vision 2030 economic roadmap, covering trade, energy security, nuclear cooperation, mobility and critical infrastructure.
Read more
RBI MPC Meeting: 'Unanimous' decision to cut rates by 25 basis points, stance remains 'neutral'
The Monetary Policy Committee (MPC) of the Reserve Bank of India announced a 25 basis points cut to its policy repo rate to 5.25% on Friday, December 5, after maintaining a status quo over the last two policies in August and October. The MPC had cut interest rates by 100 basis points across February, April and June.
Read more
Also Read: RBI expects inflation to be 4% or less till September
RBI offers a ₹1.5 trillion liquidity boost and a dovish view on inflation
The Reserve Bank of India (RBI) not only cut the benchmark interest rates, as expected by many, the central bank also promised a nearly ₹1.5 trillion liquidity boost via open market operations and a currency swap window.
Read more
Over 1,000 Flights Cancelled | IndiGo CEO Pieter Elbers says Dec 5 saw most disruptions
IndiGo CEO Pieter Elbers said Friday, December 5 was the most impacted day in the ongoing operational disruption, with flight cancellations "well over a thousand." He said the situation was the result of "various causes" and that the measures implemented over the last few days "haven’t proved to be enough."
Read more
Also Read: IndiGo Flight Chaos: Govt pauses new crew roster orders, directs airlines to compensate stranded fliers
Netflix to acquire Warner Bros in $82.7-billion deal
Netflix Inc and Warner Bros Discovery Inc (WBD) on Friday, December 5, announced a definitive agreement for Netflix to acquire Warner Bros, including its film and television studios, HBO Max and HBO, in a cash-and-stock deal valuing WBD at $27.75 per share. The transaction carries a total enterprise value of about $82.7 billion and an equity value of $72.0 billion.
Read more
Tobacco sector ‘highly evasion-prone’, even 40% GST not enough: FM defends cess
Finance Minister Nirmala Sitharaman on Friday, December 5, strongly defended the Health Security and National Security Cess Bill, 2025, in Lok Sabha, asserting that the levy targets only demerit goods like tobacco and pan masala while emphasising the government's need for steady defence funding.
Read more
RBI gives in-principle nod for Fino Payments Bank to become small finance bank
The Reserve Bank of India has granted in-principle approval for Fino Payments Bank to transition into a small finance bank, marking a first for the country’s payments bank sector.
Read more
Cloudflare outage disrupts trading platforms; services restored after brief global failure
A brief global outage at Cloudflare on Friday (December 5) disrupted access to several Indian trading platforms, including Zerodha, Groww and Upstox, before services were restored. The incident affected user logins, order placement and market data feeds during active trading hours.
Read more
AI story is strong: AWS CEO Matt Garman exclusive
The global CEO of Amazon Web Services downplayed fears of an AI bubble, even as he acknowledged the likelihood of some froth among startups. Speaking exclusively to CNBC-TV18’s Ashmit Kumar, Matt Garman said he remains upbeat about India and reaffirmed the company’s plan to invest nearly USD 13 billion in the country by 2030.
Simone Tata, Ratan Tata's stepmother, dies aged 95: All about her
Simone Tata, a key figure in the Tata Group, passed away on Friday, December 5, at Mumbai's Breach Candy hospital after a brief illness. She was 95.
Read more
We'll see you on Monday with another engaging 'Top 10@10.
/images/ppid_59c68470-image-176494505247974610.webp)
/images/ppid_a911dc6a-image-176493463166639173.webp)
/images/ppid_a911dc6a-image-176495026730158464.webp)
