The Press Editor

The Switzerland-born Simone also guided the work of many philanthropic organisations, including the Sir Ratan Tata Institute. Mumbai: Simone Tata, the mother of Tata Trusts chairman Noel Tata, died at a city hospital on Friday after a brief illness. Simone Tata, the stepmother of the late Ratan Tata, was 95. Simone Tata was associated both with business ventures and philanthropic activities, a statement said. "She will always be remembered for her contribution to the growth of Lakmé as India's leading cosmetic brand and laying the foundation for fashion retail with the Westside chain," the statement added. The Switzerland-born Simone also…

RBI Policy Date, RBI Monetary Policy: The central bank has already slashed the key short-term lending rate (repo) by 100 basis points in three tranches, beginning in February, amid declining consumer price index (CPI) based inflation. Mumbai: Reserve Bank of India (RBI) Governor Sanjay Malhotra on Friday, December 5, 2025, said that the MPC (Monetary Policy Committee) voted unanimously to reduce the policy repo rate by 25 basis points to 5.25 per cent. The Monetary Policy Committee (MPC) held its fifth bi-monthly meeting for FY26 from December 3 to December 5. The central bank has already slashed the key short-term…

Sensex, Nifty Today: In early trade, 973 stocks in the Nifty pack were trading in the green, while 1,213 were trading in the red. 118 stocks remained unchanged. Mumbai: Indian equity benchmark indices, the Sensex and Nifty, opened in the red on Friday, December 5, 2025, ahead of the RBI Monetary Policy Committee's outcome. While the 30-share BSE Sensex shed 139.84 points to start the session at 85,125.48 the Nifty dipped 33.95 points to open at 25,999.80. In the last trading session, the Sensex closed at 85,265.32 and the Nifty 50 at 26,033.75. The broader indices traded mixed in the…