Business News

World’s richest person Elon Musk has weighed in on shifting global economic dynamics, declaring that “the balance of power is changing” as emerging economies, mainly China and India, take the lead in driving world growth.  Musk made the…
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Air India on January 29 announced an order to purchase 30 additional Boeing aircraft, comprising 20 737-8 and 10 737-10 jets. These 30 single-aisle aircraft are in addition to the firm orders for 220 aircraft that Air India had placed…
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Nine months into the fiscal year, the Centre’s finances appear well-balanced, with healthy capital expenditure and a fiscal deficit under control, although tax collections may be lower than anticipated. The data, which comes days ahead…
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As NASA fine-tunes launch preparations for Artemis II, the agency’s first crewed mission to the Moon’s vicinity in more than half a century, attention is increasingly focused not just on schedules and technical tests, but on the…
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Zerodha co-founder and billionaire entrepreneur Nikhil Kamath recently shared candid advice with a group of founders under the age of 25, underscoring that communication skills often matter as much as ambition when building companies at …
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The low-carbon transition plans announced by Indian industries rarely translate into quantified, time-bound, and financially integrated pathways, with limited linkage between targets, capex, revenues, and risk management, finds a new…
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Rising debt levels are forcing several Indian states to spend a large part of their own revenues just to pay interest on past borrowings. High interest payments leave states with less money to spend on roads, schools, healthcare, and new…
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India's two leading quick commerce companies, Eternal-owned Blinkit and Swiggy’s Instamart, have called competitive intensity in the quick commerce space “irrational”. In a shareholders’ letter after the company announced its third…
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Neelkanth Mishra, Chief Economist, Axis Bank, said on Thursday that India should shift from importing goods from China to encouraging Chinese firms to set up factories within India. He argues that this would help India localise…
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Preparation to face the global turbulence is not a fixed checklist but an ongoing process, said Chief Economic Adviser (CEA) V Anantha Nageswaran. And on whether India is prepared, he said, it was.  Speaking to India Today, Nageswaran…
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