Economy News ( English version)

SpaceX's Starship is set to attempt its first orbital launch on Monday, deploying 23 Starlink V3 satellites. A successful launch could transition it to full operations and support broader goals, including lunar missions and AI model development, amidst heightened competition in space exploration.

The Tata Group is scaling Air India Express at breakneck speed, but the balance sheet is cracking under the strain. Incoming Air India chief Tewolde Gebremariam won’t run the budget airline but he inherits a fragile framework.

The FSSAI proposed adopting a red hexagonal warning label for packaged food products high in nutrients of concern such as sugar, fat and salt.

Now, it has become even a bigger corporate matter with legal eagles as Tata Trusts retained senior counsel Abhishek Manu Singhvi, while Tata Sons is advised by Harish Salve.

Price Drop Protection is an opt-in assurance feature available for both domestic and international flight bookings, covering one-way and round-trip journeys, MMT said.

Manufacturing set a record by growing at 8% or more in the past three consecutive months.

BNP Paribas expects India’s economic outlook to come under greater pressure as higher crude prices, rising inflation and weaker rural and industrial indicators weigh on growth. While credit growth, auto sales and food-grain stocks remain supportive, the brokerage says elevated oil prices could also leave the RBI with less room to keep interest rates unchange […]

Economic experts predict that the Reserve Bank of India will increase interest rates at its upcoming meeting. This anticipated rate hike is largely due to rising inflation, which has exceeded the RBI's targets consistently. As central banks globally address inflationary pressures, India is under similar pressures regarding its currency. Nearly 60% of su […]

The RBI is under growing pressure to raise rates in October as inflation broadens across the economy, growth remains strong and global central banks tighten policy. A Reuters poll shows most economists expect a 25-basis-point hike to 5.50%, while markets are already pricing in further increases over the next year.

Ruchir Sharma says India remains a middling investment story rather than a clear outperformer, with strengths in demographics, inflation and currency stability offset by weak private and foreign investment, high valuations, regulatory intervention and concentrated billionaire wealth. His broader view is that India “consistently disappoints the optimist and t […]