Markets fell further on Tuesday as the rupee slipped past 91 per dollar for the first time, fueling risk aversion. The Sensex dropped 533 points to 84,679, and the Nifty fell 167 points to 25,860, pressured by foreign outflows and weak global cues. Realty, financials, and metals led losses, while Airtel and Titan gained. Analysts said the rupee’s slide deepened caution, though Nifty held firm near 25,850, hinting at range-bound trade rather than a sharp reversal.
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Government introduces ‘Viksit Bharat’ Bill to replace MGNREGA amid Lok Sabha ruckus
The government on Tuesday introduced the Viksit Bharat – Guarantee for Rozgar and Ajeevika Mission (Gramin) Bill to replace MGNREGA, triggering Opposition protests over dropping Mahatma Gandhi’s name and shifting the Centre-state fund ratio to 60:40. Minister Shivraj Singh Chouhan said the Bill raises workdays to 125 and reflects Gandhi’s vision of Ram Rajya, while Opposition leaders like Priyanka Gandhi and Shashi Tharoor called it a dilution of the job scheme and urged its withdrawal.
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IPL 2026 Auction: Uncapped Players Kartik Sharma and Prashant Veer Fetch ₹14.20 Crore
Chennai Super Kings made headlines at the IPL 2026 auction by signing uncapped youngsters Kartik Sharma and Prashant Veer for a record ₹14.20 crore each, making them the joint-most expensive uncapped players in IPL history. The 19-year-old wicketkeeper Kartik impressed with his explosive batting in domestic T20s, while Veer, a left-arm spinner and aggressive middle-order batter from UP, emerged as a potential successor to Ravindra Jadeja. Meanwhile, Delhi Capitals picked J&K all-rounder Auqib Nabi for ₹8.40 crore after a bidding war, rewarding his standout domestic season with both bat and ball.
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Published on December 17, 2025
