Musk’s wealth increased by ₹ 15 lakh crore in a day: All types of loans of SBI became cheaper, Nirav Modi’s new appeal against extradition

Yesterday’s biggest news was about the world’s biggest businessman. Elon Musk, who owns Tesla, SpaceX and social media platform This increase of one day is almost equal to the total net worth of our country’s top-2 rich Mukesh Ambani and Gautam Adani.

At the same time, State Bank of India (SBI) has reduced loan interest rates by 0.25%. After this deduction, taking all types of loans from SBI has now become cheaper. Now SBI home loan interest rates will start from 7.25% per annum.

Here, diamond merchant Nirav Modi, who fled abroad after defrauding PNB, is adopting all possible tactics to avoid coming to India. The British court has already ordered to hand him over to India. Indian agencies have already gone there to pick him up. But at the last moment he has filed a new appeal to stay his extradition.

Before tomorrow’s big news, today’s headlines will keep an eye on…

• There may be a decline in the stock market today.
• Gold and silver prices may reach new all-time high.
• OnePlus 15R smartphone and OnePlus Pad Go 2 will be launched.
• There has been no change in the prices of petrol and diesel.

Now read tomorrow’s big news…

1. SBI home loan becomes cheaper by 0.25%: Now starting from 7.25% interest rate, understand here how much the EMI will be reduced due to the reduction.

State Bank of India (SBI) has reduced loan interest rates by 0.25%. After this deduction, taking all types of loans from SBI has now become cheaper. Now SBI home loan interest rates will start from 7.25% per annum.

RBI has recently reduced the repo rate from 5.50% to 5.25%. After which banks have also started cutting interest rates on FD and loans. Earlier, 6 big banks including HDFC Bank and Punjab National Bank had reduced home loan interest rates by 0.25%.

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2. Musk’s wealth increased as much as Ambani-Adani in one day: World’s first person with net worth of ₹ 58 lakh crore, value of SpaceX ₹ 72.80 lakh crore

The wealth of the world’s richest man Elon Musk has crossed $600 billion (₹54.60 lakh crore). Musk has become the first person in the world to touch this figure of net worth. Earlier on October 1, Musk’s wealth had reached Rs 500 billion (USD 45.50 lakh crore).

After the news of SpaceX’s $800 billion valuation (₹72.80 lakh crore) and IPO, Musk’s wealth increased by about $168 billion (₹15 lakh crore) in a single day. This is almost equal to the net worth of India’s two richest men, Mukesh Ambani and Gautam Adani. The assets of both are worth Rs 16 lakh crore.

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3. New appeal to stop extradition of fugitive Nirav Modi: India does not want to be involved in the PNB scam of Rs 6,498 crore; British court has already approved

Fugitive diamond trader Nirav Modi has filed a fresh appeal in a London court to stay his extradition. India’s ED and CBI teams are also present in London. She is assisting the Crown Prosecution Service (CPS) to oppose Nirav’s appeal. The CPS is an independent public agency in England and Wales which takes cases.

Nirav has been declared a fugitive economic offender in India and is wanted to face trial in the Punjab National Bank fraud case. Nirav is accused of fraud of more than Rs 6,498 crore. A British court has already approved his extradition in favor of the Indian government.

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4. Gold fell by ₹ 1,472 to ₹ 1.32 lakh per 10 grams: The price of silver also decreased by ₹ 1,442, see the price of gold according to carat.

There was a decline in the prices of gold and silver today i.e. on 16th December. According to India Bullion and Jewelers Association (IBJA), 10 grams of gold has fallen by Rs 1,472 to Rs 1,31,777. Earlier, gold was at Rs 1,33,249. At the same time, the price of 1 kg silver has fallen by Rs 1,442 to Rs 1,91,975. Earlier, silver was at Rs 1,93,417 per kg.

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5. HDFC will be able to buy up to 9.5% stake in IndusInd Bank: Reserve Bank’s approval received, valid for one year; Group entity can buy shares

Now HDFC Bank group companies can collectively hold up to 9.5% stake in IndusInd Bank. RBI has approved it on 15 December 2025.

This approval will be valid for one year, i.e. till December 14, 2026. Both HDFC Bank and IndusInd Bank have given this information in exchange filings.

According to RBI rules, if a bank promoted company (like mutual fund or insurance) invests in another bank, then RBI permission is required if the holding is more than 5%.

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Also see who were the top 10 richest people in the world yesterday…

Know the condition of tomorrow’s stock market and gold and silver…

Know the latest price of petrol, diesel and domestic gas cylinder…

There is more news…