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Government Policy News 8 December 2025 - 29 December 2025

India’s taxman puts refunds on hold in year-end compliance push as Dec. 31 cutoff nears

India’s taxman puts refunds on hold in year-end compliance push as Dec. 31 cutoff nears

NEW YORK, December 29, 2025, 01:00 ET India’s Income Tax Department has told thousands of taxpayers their refund claims have been put on hold under a “risk management” process, triggering anxiety and a rush for advice at the end of the year, Indian media reported. India Today+1 The timing matters because Dec. 31 is the last day to file a belated return — a late original filing — or to revise a previously filed income-tax return (ITR) for the 2025-26 assessment year, according to government guidance and the tax department’s calendar. Income Tax India+1 After that date, taxpayers can still
29 December 2025
PMO sets 2030 deadline for Coal India’s subsidiary IPOs

PMO sets 2030 deadline for Coal India’s subsidiary IPOs

NEW YORK, December 28, 2025, 23:42 ET India’s Prime Minister’s Office has directed the coal ministry to map and list all subsidiaries of state-run Coal India Ltd by 2030, sources told Press Trust of India (PTI). mint+1 The push matters now because it sets a deadline for carving out Coal India’s operating arms into separately traded companies, a step the sources said is meant to improve governance, transparency and asset monetisation. mint+1 Coal India accounts for more than 80% of India’s domestic coal output and operates through eight subsidiaries, which could make the plan a sizeable pipeline of potential public-sector
Intel Stock (INTC) Week Ahead: Nvidia Deal Clearance, US Government Backing, and Holiday-Shortened Trading Risks (Dec. 22–26, 2025)

Intel Stock (INTC) Week Ahead: Nvidia Deal Clearance, US Government Backing, and Holiday-Shortened Trading Risks (Dec. 22–26, 2025)

Intel Corporation stock (NASDAQ: INTC) heads into the week of December 22–26, 2025 with a rare mix of catalysts that are both market-moving and hard to handicap: a newly cleared Nvidia investment, deepening U.S. government involvement, and a Christmas-shortened trading week that can amplify volatility on lighter volume. As of the latest close (Friday, Dec. 19, 2025), Intel shares were around $36.82. MarketBeat Below is what matters most for Intel stock this week, what Wall Street is projecting, and the specific events that could swing sentiment—especially in thin holiday liquidity. Intel stock snapshot heading into Dec. 22 Intel enters the
Indian Overseas Bank OFS Today: Govt Exercises Green Shoe Option as IOB Shares Slide; Retail Bidding Opens at ₹34 Floor

Indian Overseas Bank OFS Today: Govt Exercises Green Shoe Option as IOB Shares Slide; Retail Bidding Opens at ₹34 Floor

Indian Overseas Bank (IOB) is back in the spotlight on Thursday, December 18, 2025, as the Government of India’s offer for sale (OFS) moves into the retail window—one day after the stock saw sharp pressure following the institutional (non-retail) book opening. Business Today+2Upstox – Online Stock and Share Trading+2 The key development on Dec 18: IOB informed exchanges that the seller has partly exercised the oversubscription (green shoe) option, expanding the OFS by an additional 7.61 crore shares (about 0.395%), taking the total offer size to up to 46.12 crore shares (about 2.395%). Business Today+1 What’s happening with IOB share
Indian Overseas Bank OFS on Dec 17, 2025: Government Sells Up to 3% Stake at ₹34 Floor Price; Retail Bidding Opens Dec 18

Indian Overseas Bank OFS on Dec 17, 2025: Government Sells Up to 3% Stake at ₹34 Floor Price; Retail Bidding Opens Dec 18

India’s government has kicked off a two-day Offer for Sale (OFS) in Indian Overseas Bank (IOB), putting up to 3% equity on the block at a floor price of ₹34 per share—a move closely watched by traders, long-term investors, and anyone tracking the Centre’s broader push to dilute holdings in state-run enterprises. Business Standard+2Business Standard+2 The OFS opened on Wednesday, December 17, 2025, for non-retail investors, with the retail window scheduled for Thursday, December 18, 2025. Business Standard+2TradingView+2 What happened to IOB shares on Dec 17, 2025 IOB stock came under pressure as the market digested the discounted stake sale
NHAI Revises Meghalaya Toll Collection to ₹96.05 Crore for FY 2024–25 After RTI Flags Discrepancy

NHAI Revises Meghalaya Toll Collection to ₹96.05 Crore for FY 2024–25 After RTI Flags Discrepancy

Shillong, December 15, 2025 — The National Highways Authority of India (NHAI) has issued revised toll revenue figures for Meghalaya, confirming that ₹96.05 crore was collected during FY 2024–25 across the state’s toll plazas—an update that followed a Right to Information (RTI) query and an ensuing dispute over the accuracy of earlier data. NorthEast Now+2The Shillong Times+2 The correction has become a flashpoint for a wider debate on transparency in toll accounting, as well as the long-running complaint that Meghalaya continues to collect tolls while lacking Wayside Amenities (WSAs)—the rest facilities commuters expect on busy national highways. NorthEast Now+2EastMojo+2 What
15 December 2025
Tomago Aluminium Rescue Deal: Albanese’s Fixed‑Price Power Plan Sparks Jobs‑vs‑Taxpayer Debate (Dec 14, 2025)

Tomago Aluminium Rescue Deal: Albanese’s Fixed‑Price Power Plan Sparks Jobs‑vs‑Taxpayer Debate (Dec 14, 2025)

Updated: Sunday, 14 December 2025 Australia’s biggest aluminium smelter has been handed a political and industrial lifeline—alongside a fresh wave of scrutiny—after Prime Minister Anthony Albanese’s government confirmed it is working on a long-term energy deal designed to keep Rio Tinto’s Tomago Aluminium operating beyond 2028. The plan centres on a fixed-price power purchasing agreement (PPA), concessional finance to accelerate new renewable generation and storage in NSW, and at least $1 billion in investment from Tomago over the next decade. Prime Minister of Australia But as of 14 December, the key question remains unanswered: how much will taxpayers ultimately pay,
SAVE Plan Student Loan Settlement: What Trump’s Move to End Biden-Era Repayment Relief Means for Borrowers (Dec. 14, 2025 Update)

SAVE Plan Student Loan Settlement: What Trump’s Move to End Biden-Era Repayment Relief Means for Borrowers (Dec. 14, 2025 Update)

The SAVE student loan repayment plan is set to end under a Missouri settlement as delinquencies rise and borrowers brace for higher payments. Here’s what changes next. WASHINGTON — The federal student loan landscape is shifting again, and for millions of borrowers the timing couldn’t be worse. The Trump administration’s Education Department is moving to shut down the Biden-era SAVE income-driven repayment plan through a proposed settlement with the state of Missouri — a deal that would permanently close the door on new enrollments, push current participants into other repayment options, and sharply narrow one of the most generous paths
Australia Expands Cheaper Home Batteries Subsidy to $7.2 Billion as Tiered Rebates Set for May 2026

Australia Expands Cheaper Home Batteries Subsidy to $7.2 Billion as Tiered Rebates Set for May 2026

(SEO): Australia will boost its Cheaper Home Batteries Program by about $5 billion to an estimated $7.2 billion after runaway demand, introducing tiered rebates from May 2026. SYDNEY — December 13, 2025 — Australia’s red‑hot home battery boom is forcing a major rethink of a flagship federal subsidy, with the Albanese government announcing a multi‑billion‑dollar funding top‑up and a redesigned discount structure aimed at slowing a rush toward oversized systems.ABC+ 1 Federal Climate Change and Energy Minister Chris Bowen said on Saturday that the upcoming mid-year budget update (due next week) will include about $5 billion in additional funding for
Hydro-Québec’s Power Scare, Air Transat Strike Deal and Ottawa’s Remote‑Work Pivot: What Canadians Need to Know on December 10, 2025

Hydro-Québec’s Power Scare, Air Transat Strike Deal and Ottawa’s Remote‑Work Pivot: What Canadians Need to Know on December 10, 2025

Key points at a glance Hydro-Québec’s near‑miss with rolling blackouts What happened on December 3 and 5 Radio‑Canada revealed this week that Hydro‑Québec issued two internal “alertes de défaillance de puissance” (power‑deficiency alerts) on December 3 and 5 because it feared being unable to supply electricity to all customers at peak times. Reddit According to internal sources quoted in that reporting and widely relayed on social media and talk radio, the utility came very close to moving from a level‑2 alert to level‑3, which would have meant délestage—planned, rotating power cuts in certain sectors to avoid a wider system collapse.
10 December 2025
D‑Wave Quantum (QBTS) Stock Today – December 8, 2025: Government Pivot, Qubits 2026 and Bubble Fears

D‑Wave Quantum (QBTS) Stock Today – December 8, 2025: Government Pivot, Qubits 2026 and Bubble Fears

Snapshot: D‑Wave Quantum stock on December 8, 2025 As of the close on Monday, December 8, 2025, D‑Wave Quantum Inc. (NYSE: QBTS) remains one of the most volatile AI–adjacent names on the market. Key stats today According to TipRanks, QBTS has climbed more than 220% year‑to‑date in 2025 after starting the year in the single digits, even though the stock has sold off sharply from a peak near $40–$47. TipRanks+1 At the same time, the stock remains a battleground: All of this sits on top of a flood of new corporate news, bullish analyst upgrades, and loud warnings that quantum
D-Wave Quantum (QBTS) Stock on December 8, 2025: Government Pivot, Qubits 2026 and Bubble Warnings Collide

D-Wave Quantum (QBTS) Stock on December 8, 2025: Government Pivot, Qubits 2026 and Bubble Warnings Collide

D-Wave Quantum Inc. (NYSE: QBTS) is closing out 2025 exactly the way it spent the year: at the center of the most speculative corner of the AI ecosystem. As of intraday trading on December 8, QBTS is changing hands around the high‑$20s (about $28), up more than 3% on the day. The stock has surged from roughly $2.50 at its 52‑week low to as high as $46.75, giving D-Wave a market capitalization near $9.7 billion despite still‑modest revenue and persistent losses. Webull+1 Today’s headlines add more fuel to the debate over whether D-Wave is a breakthrough quantum leader being re‑rated

Stock Market Today

GSK share price set for Monday watch after EU clears Nucala COPD use

GSK share price set for Monday watch after EU clears Nucala COPD use

7 February 2026
GSK shares closed Friday up 0.83% at a 52-week high after the EU approved Nucala for certain uncontrolled COPD patients. Insider filings showed chairman Jonathan Symonds bought 2,500 shares while executive David Redfern sold 100,000. The FTSE 100 rose 0.6%. Broker ratings on GSK remained mixed.
Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

7 February 2026
Aye Finance raised Rs 454.5 crore from 19 anchor investors ahead of its Feb 9 IPO, pricing shares at the top of a Rs 122–129 range. The company’s profit fell 40% to Rs 64.3 crore in the six months to September as bad loans rose to 4.85%. The IPO values Aye at about Rs 3,200 crore, below its last private round. Major investors include Nippon Life India and Goldman Sachs funds.
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