India’s foreign exchange reserves increased by $1.03 billion to $687.26 billion for the week ending on December 12, 2025, the Reserve Bank of India (RBI) said on Friday.The Reserve Bank of India routinely monitors developments in the foreign exchange market and undertakes interventions when necessary to preserve orderly trading conditions. Such interventions aim to moderate undue volatility in the rupee’s exchange rate and are not guided by any fixed exchange rate target or band.
Mahindra & Mahindra on Friday announced the opening of pre-bookings for its new premium SUV, the XUV 7XO, which is essentially the facelifted version of the XUV700.Customers can reserve the model starting 12 pm on December 15, 2025, by paying a booking amount of Rs 21,000. Pre-bookings will be available across all Mahindra dealerships and online channels.Buyers can choose their preferred dealership, fuel type and transmission at the time of booking. The XUV 7XO will continue to be offered with the current 2.0-litre turbo-petrol (197hp, 380Nm) and 2.2-litre diesel engines. The diesel will be available in two output levels—153hp/360Nm and 182hp with torque of up to 450Nm. Both petrol and diesel variants will come with manual and automatic transmissions, and Mahindra is expected to reta