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Rupee's New Lows, 100% FDI In Insurance Cos, And Ozempic's India Launch - The Week That Was

ADVERTISEMENTRupee's New Lows, 100% FDI In Insurance Cos, And Ozempic's India Launch — The Week That WasFrom the rupee's continued slide, the Cabinet's approval of two reform bills, to Ozempic's launch in India, here are the key news events that shaped the week gone by. Yukta Baid13 Dec 2025, 07:19 AM IST i13 Dec 2025, 07:19 AM IST13 Dec 2025, 07:19 AM ISTSave The Indian rupee slipped to a new record lows this week, weakening beyond the 90.50 mark against the US dollar. (Photo: Pralhad Shinde/NDTV Profit).

Rupee's New Lows, 100% FDI In Insurance Cos, And Ozempic's India Launch - The Week That Was

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Key Highlights

  • Show Quick ReadSummary is AI Generated.
  • Newsroom ReviewedThe week ending Dec.
  • 12, 2025 was characterised by a mix of domestic economic triumphs and global policy shifts. On the domestic front, the rupee continued its slide, reaches record lows after Commerce Minister Piyush Goyal said that the India-US negotiations are progressing well.
  • The Cabinet has also approved two significant pieces of legislation — the Insurance Amendment Bill and the Atomic Energy Bill 2025. On the global front, Australia's recently enacted social media ban for under-16s is already facing legal backlash from social media giant Reddit. Here is a quick rewind of the week gone-by:Rupee Slide Continues The Indian rupee slipped to a new record lows this week, weakening beyond the 90.50 mark against the US dollar, as the depreciation trend continued despite positive signals on the trade front. The decline comes even as Commerce Minister Goyal said trade negotiations with the United States are “progressing well.” However, the domestic currency remains under pressure amid global market volatility and shifting capital flows. The latest bout of weakness follows the US Federal Reserve’s decision to cut interest rates by 25 basis points — a move that has triggered renewed investor interest in safe-haven assets like gold and silver, pushing their prices higher in recent days.
  • ALSO READRupee Hits New Record Low, Weakens Below 90.50 Against US Dollar — Market Expert Explains WhyOpinionRupee Hits New Record Low, Weakens Below 90.50 Against US Dollar — Market Expert Explains WhyRead MoreCabinet Clears Two Key Reform BillsIn a major push to liberalise India’s financial and strategic sectors, the Union Cabinet has approved two significant pieces of legislation — the Insurance Amendment Bill and the Atomic Energy Bill 2025 — sources told NDTV Profit on Friday. The Insurance Amendment Bill, which raises the foreign direct investment (FDI) cap in the sector from 74% to 100%, is expected to be introduced in the Lok Sabha on Monday.
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Sources

  1. Rupee's New Lows, 100% FDI In Insurance Cos, And Ozempic's India Launch - The Week That Was

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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