Finance Minister Nirmala Sitharaman on Tuesday said with the growing digitalisation of the economy and emergence of new financial products, countries globally will have to cooperate with timely exchange of information, while ensuring fairness and public trust in the tax system.

The Indian Rupee continued its downward trend, depreciating for the fifth straight session to hit a record low against the US Dollar. On Tuesday, December 2, it touched a new record low of 89.97 against the US dollar amid rising global and domestic pressures. The domestic currency surpassed its previous record low of 89.79 against the dollar.

On Tuesday, the rupee opened at 89.70, only to slip further to 89.97, marking a fall of 44 paise from the previous close of 89.53.

IT services company Wipro's $375-million acquisition of HARMAN's Digital Transformation Solutions (DTS) business unit has been completed following regulatory nods, according to a release on Tuesday.

The DTS buy was announced on August 21, 2025, and, with the successful closure of the deal, it will begin operating as part of Wipro's engineering global business line, the Bengaluru-headquartered IT company said in its release.

Asian shares mostly advanced on Tuesday after US stocks gave back some of last week's rally, pressured by rising global bond yields.

US futures and oil prices were little changed.

Tokyo's Nikkei 225 gained 0.5 per cent to 49,534.36, with financial shares the biggest gainers after the governor of the central bank hinted at a possible hike to interest rates this month.

The Congress on Tuesday attacked the Modi government over the filing of a fresh FIR in the National Herald case and said it is confident that the judiciary will see through this "political vendetta and mindless attempts to hound".

Congress president Mallikarjun Kharge said 12 years on, and suddenly, there is a new FIR in the old case on the Gandhi family targeting the Congress party.

Large parts of north and central India are bracing for a harsher-than-usual winter, with the India Meteorological Department (IMD) on Monday warning of “normal to below-normal minimum temperatures” across these regions from December 2025 to February 2026.

Cold waves during December are likely to be above normal over parts of northwest, central and northeast India, the IMD stated in its winter temperature and rainfall outlook.

Star Indian batter Virat Kohli once again proved on Sunday why he remains indispensable for India’s plans leading up to the ICC 2027 World Cup. Batting first in the first ODI against South Africa at Ranchi’s JSCA International Cricket Stadium, Kohli scored his 52nd one-day international (ODI) century, extending his lead at the top of the list for most ODI centuries. Sachin Tendulkar, the next on the list has 49 ODI centuries to his name.

So far 11 people have been declared dead and more than 20 injured when two state-run buses collided head-on near Karaikudi in Tamil Nadu on Sunday, police said.

According to a Sivaganga district police press release, the mishap took place near Vivekananda Polytechnic College under Tuirupattur sub-division and Nachiyar Puram Police Station.

The National Centre for Disease Control (NCDC) said that it is aiming to shift from traditional detective methods to a predictive model of disease surveillance by introducing artificial intelligence (AI), real time data analytics and digital intelligence platforms to strengthen public health security in India.

Citing experts, officials at the NCDC on Friday noted that the upcoming predictive model will integrate AI surveillance.

Three children of a family have died within 48 hours after coming down with fever in a village here, prompting the authorities to dispatch a team of doctors to the area to test other children for diseases like malaria and dengue, according to officials.

Medical reports of the three children who died in Gularhiya Tola village of Nebua Naurangia block are awaited to ascertain the cause of death, the officials said on Saturday.

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