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Posted in Economy

Crisil lifts India FY27 growth forecast to 7% on strong H1 momentum

Domestic rating agency Crisil on Wednesday raised its FY27 GDP growth forecast for India to 7% from 6.6%, citing expectations of strong economic growth in…

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Boeing wins a more than $20 billion US Navy fighter jet contract as BA stock rises 2%. (Photo for representation) (REUTERS)
Posted in Business

Boeing wins $20 billion Navy fighter jet contract as BA stock rises 2%: What it means

Boeing shares jumped 2% on Wednesday after the company won a major US Navy fighter jet contract. The stock move came after the Pentagon selected…

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SatLEO to launch India’s first thermal payload TAPAS-1 aboard SpaceX’s Falcon 9
Posted in Startups

SatLEO to launch India’s first thermal payload TAPAS-1 aboard SpaceX’s Falcon 9

IN-SPACe-incubated spacetech startup SatLeo Labs is set to launch TAPAS-1, its first commercial thermal-imaging payload, aboard SpaceX’s Falcon 9 as part of the Transporter-18 rideshare…

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Posted in Economy

India’s external debt rises to $778.2 billion in June quarter: RBI

India’s total external debt grew by USD 15.4 billion to reach USD 778.2 billion by the end of the June 2026 quarter compared to the…

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Posted in Economy

Enhanced insurance cover for West Asia exports extended to March 2027

Indian export shipments bound for West Asia will remain eligible for upgraded insurance protection against buyer payment defaults through March 31, 2027, according to an…

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Epigamia cofounder launches Kokasa to build defence tech systems
Posted in Startups

Epigamia cofounder launches Kokasa to build defence tech systems

Epigamia cofounder Rahul Jain, former Housing.com executive Snehil Gautam and former Hindustan Aeronautics executive Vikalp Bagdi have launched Kokasa, a deep-tech venture focused on defence,…

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A listing would help Coca-Cola tap strong investor demand for new offerings in India, while unlocking value from one of the country’s largest bottling operations. (Representational Photo/AFP)
Posted in Business

Coca-Cola is said to consider December filing for India unit’s $1 billion IPO

Coca-Cola Co. is considering filing a draft prospectus in December for an initial public offering of its Indian bottling unit, according to people familiar with…

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Ken Griffin announces a $3 billion gift to Carnegie Mellon for a new Miami campus. (Photo by Patrick T. Fallon / AFP) (AFP)
Posted in Business

Ken Griffin’s $3 billion Carnegie Mellon gift: Why is Citadel CEO building a Miami campus?

Citadel CEO Ken Griffin has committed $3 billion to Carnegie Mellon University (CMU). The donation was announced on Wednesday and includes $2 billion specifically to…

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From the 30 Sensex firms, Eternal, Sun Pharma, Titan, Adani Ports, Tata Steel and HDFC Bank were among the major laggards. (ANI Video Grab)
Posted in Business

Stock markets fall for 3rd day; Nifty down 96 points, Sensex slips to 72,480

Market benchmark indices Sensex and Nifty ended lower on Wednesday, extending losses for the third straight day, as firm crude oil prices, elevated global bond…

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Posted in Economy

India’s fiscal deficit for April-August at Rs 7.10 lakh crore, widens to 41.9% of FY27 aim

India’s fiscal deficit widened to Rs 7.10 lakh crore in the first five months of the current financial year through August, accounting for 41.9% of…

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