Business News Archives - Page 2 of 3

Boeing’s $2 Billion B-52 Engine Contract Signals a Strategic Reset in US Airpower

The US Air Force’s decision locks the B-52 into service for decades and reshapes how legacy platforms stay relevant The US Air Force has awarded Boeing a contract worth roughly $2 billion to integrate new engines on its B-52 bomber fleet. The programme focuses on replacing eight ageing engines on each aircraft, a change that […]

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New Players in the Sky: Govt Fast-Tracks Al Hind Air and FlyExpress to Challenge Duopoly

Following widespread disruptions by market leaders, the Civil Aviation Ministry clears two new carriers to decentralise India’s fragile aviation network The Civil Aviation Ministry has formally granted No Objection Certificates (NOCs) to two new airlines, Al Hind Air and FlyExpress, clearing the path for their operational launch in 2025. This regulatory green light was expedited

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TVS and Hyundai explore strategic alignment to challenge Bajaj’s dominance

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Industry buzz grows as TVS and Hyundai weigh collaboration that could reshape India’s two and three-wheeler market India’s automotive sector is abuzz with speculation that TVS Motor Company and Hyundai Motor Company could be coming together in a strategic move to challenge Bajaj Auto. While no formal announcement has been made, industry conversations suggest that

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India to prioritise lower debt to GDP ratio from next fiscal, finance minister signals

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The finance minister says reducing India’s debt burden will take priority, shaping fiscal policy, borrowing and growth plans India will prioritise bringing down its debt to GDP ratio from the next fiscal year, the finance minister has said, underlining a renewed focus on fiscal consolidation. The statement comes as the economy stabilises after years of

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FM tables Bill to unify securities market rules, signalling a cleaner framework

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The finance minister introduces a Bill in the Lok Sabha to streamline securities laws and reduce regulatory overlaps The finance minister has tabled a Bill in the Lok Sabha to unify and simplify securities laws, marking a significant step in India’s capital market reforms. The move seeks to replace a patchwork of regulations with a

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24 tech giants rally behind Trump’s Genesis AI mission, signalling a new phase in US tech policy

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A coalition of major tech firms backs Trump’s Genesis AI mission, reshaping America’s AI ambitions and global tech balance Twenty-four leading technology companies have joined former US President Donald Trump’s Genesis AI mission, marking a significant moment in the evolving relationship between government and big tech. The mission aims to strengthen America’s leadership in artificial

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Rupee Plunges to Historic Low of 90.75 Amid Stalled US Trade Talks

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The currency breaches the critical 90-mark as foreign investors pull out billions, Signalling tougher times for importers and consumers The Indian currency has officially entered uncharted territory. In a turbulent session on Monday, the Indian rupee hits new record low against US dollar, touching an unprecedented intra-day depth of 90.75. This sharp decline marks a

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Indian IT Majors Face Crisis as New $100,000 H-1B Fee Threatens Business Model

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TCS, Infosys, and Wipro scramble to adjust strategies as the exorbitant visa levy puts their traditional onsite delivery model at risk The technology sector in India is bracing for a significant financial shock following the US administration’s decision to impose a $100,000 fee on new H-1B petitions. Industry giants like Tata Consultancy Services (TCS), Infosys,

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India’s Startup Ecosystem Hits Historic Milestone With 2 Lakh Ventures

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A new era of economic growth begins as Indian startups cross the 2 lakh mark, generating over 21 lakh employment opportunities across the nation India has officially cemented its position as a global innovation powerhouse. Recent government data presented in the Rajya Sabha reveals that the India startup ecosystem has expanded to include over 2

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Microsoft Bets Big on Indian IT: Nadella Announces Agentic AI Push with TCS, Infosys, Wipro, and Cognizant

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A massive rollout of 200,000 AI licences marks a shift from simple chatbots to autonomous agents, positioning Indian tech giants as global “Frontier Firms” Microsoft has officially launched its next major phase of artificial intelligence in India. During his recent visit to Bengaluru, CEO Satya Nadella announced strategic partnerships with the country’s leading IT services

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