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The aircraft that JetZero wants to do it with is no less radical than its ambition. It looks more like a manta ray than the tube-with-wings blueprint that has been the default for over 70 years.
Posted in Business

Could the Most Radical Plane Design Since the Concorde Take On Boeing?

The U.S. government is swinging behind a fledgling startup’s moonshot bid to dislodge Boeing as America’s only major maker of commercial airliners. The aircraft that…

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Why leverage turned the AI chip sell-off into a market rout as leveraged ETFs, margin calls and forced selling magnified losses for investors worldwide. (Photographer: Michael Nagle/Bloomberg) (Bloomberg)
Posted in Business

Why leverage turned the AI chip sell-off into a market rout as leveraged ETFs and margin calls deepened losses

Semiconductor stocks have been under heavy pressure in recent weeks as investors rushed to sell AI-related stocks. But those who used leverage—through borrowed money or…

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With the introduction of the new tax regime, the focus of investment planning has shifted from tax saving to wealth creation. (Unsplash/representational)
Posted in Business

Your Money: Afraid you’ll miss the tax deadline? Don’t be.

The word tax evokes a sense of lethargy and urgency almost simultaneously. With the introduction of the new tax regime, the focus of investment planning…

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AI startup Freehand raises $75 million led by Battery Ventures, NewRoad, Nexus
Posted in Startups

AI startup Freehand raises $75 million led by Battery Ventures, NewRoad, Nexus

AI startup Freehand, which builds autonomous AI agents for enterprise supply chain operations, has raised $75 million in a funding round co-led by Battery Ventures…

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Wall Street questions Big Tech's AI spending as Microsoft and Meta face investor scrutiny over soaring capex, cash flow pressure and AI returns. (Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

Why Wall Street is questioning big tech’s AI spending ahead of Microsoft and Meta earnings

Wall Street is becoming less convinced that Big Tech’s huge AI spending will pay off soon. Investors now want proof that billions of dollars being…

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RCB team celebrates their IPL 2026 win in Ahmedabad. (PTI)
Posted in Business

Business value of IPL, world’s richest Twenty20 series, soars to ₹1.97 lakh crores: Report

The business value of the Indian Premier League, the world’s richest Twenty20 series, has soared more than 11% to $20.6 billion this year, according to…

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Google Pay app adds AI with ‘Ask Google Pay’ and new co-branded credit cards with SBI Card. (Official photo)
Posted in Business

Exclusive | Bringing Gemini AI to a world of money: Google Pay’s Sharath Bulusu

Google India is embarking on a journey underlining the intersection of artificial intelligence (AI) and personal finance, something no other standalone digital payments and UPI…

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Diet Coke supply in India was particularly hit because the variant was only sold in aluminium cans in the country. (Photo: Reuters/Image edited on Canva)
Posted in Business

Popped: How a war in the Gulf took the fizz out of India’s Diet Coke supply and made the can costlier

At a bar in New Delhi in May, guests in Diet Coke-themed T-shirts queued up for cocktails spiked with jalapeno and honey and painted cans…

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Posted in Economy

Import restriction on low-priced PVC resin may push domestic prices: GTRI

New Delhi: Imposition of import restriction on low-priced ‘suspension grade PVC resin‘ for six months is expected to impact foreign suppliers and push the domestic…

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Posted in Economy

Indian corporates to clock 9% aggregate revenue in FY27: Fitch

New Delhi: Fitch Ratings on Wednesday projected aggregate revenue for rated corporates to rise by 9 per cent in the current fiscal, stronger than the…

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