Economy News ( English version)

Analysts will also be seeking clarity on any potential impact from the US government’s most favoured nation pricing norms, and on the company’s plans after getting regulatory approval to market semaglutide as a weight-loss drug in India earlier this month.

Apple did not disclose terms of the deal for Q.ai, which was backed by venture capital firms Matter Venture Partners, Kleiner Perkins, Spark Capital, Exor and GV, formerly known as Google Ventures. The deal valued the startup at about $1.6 billion, according to a source familiar with the matter.

L&T's IT units, LTIMindtree and LTTS, are projected to underperform, missing ambitious growth targets due to economic uncertainties, a merger, and leadership churn. Their growth has significantly lagged behind smaller competitors, affecting overall revenue expectations.

Larger seed cheques, tougher competition and climbing valuations signal a shift in investor appetite for space startups.

The iced teas will be launched in two flavours, lemon and peach, for an entry price of ₹20 for a 200ml bottle this summer.

India's economy is set for strong growth, exceeding expectations. The Economic Survey highlights rising productivity as a key driver. However, concerns remain about private investment and the impact of freebie culture. Global uncertainties loom, but India is seen as well-positioned due to its domestic market and reserves. The nation must balance growth […]

Bank of America CEO Brian Moynihan says India is the fastest-growing major market globally, offers huge opportunity, and will need large amounts of capital to sustain its growth. He praised Prime Minister Modi’s consistent reform agenda, including Make in India, but urged regulators and bureaucracy to make doing business easier, especially around operational […]

With the economy operating close to capacity, the survey notes that structural reforms will be required to lift the investment rate and further improve total factor productivity to achieve faster growth. It projects real GDP growth for FY27 in the range of 6.8-7.2%, while the Union Budget may assume nominal GDP growth of 9.8-10.2%.

The Economic Survey recommends amending the definition of a 'government company' to allow the government to reduce its stake to 26% in listed state-run firms. This move could facilitate further monetization of holdings in blue-chip companies like ONGC and SBI, enabling them to operate as professionally managed entities with dispersed ownership. […]

India should prioritize a bottom-up, sector-specific AI approach over chasing frontier-scale models due to capital and infrastructure constraints, the Economic Survey 2025-26 stated. The survey highlighted entry barriers in AI development and the need to balance data center expansion with resource competition, while also emphasizing AI adoption for manufactu […]