Month: August 2026

The investment firm, Late Stage Management, wasn’t selling actual shares, but stakes in vehicles that it said held them.
Posted in Business

The Investors Whose SpaceX Shares Vanished Before They Could Cash In

Ram Rupireddy could hardly believe his luck in 2020 when his friend told him about a New Jersey firm pitching investment opportunities in SpaceX and…

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Immigration and Customs Enforcement agents patrol Ronald Reagan Washington National Airport.
Posted in Business

Airlines Push Back Against ICE Enforcement at Airports

Airlines are pushing back against federal authorities intensifying immigration enforcement at U.S. airports. Immigration and Customs Enforcement agents patrol Ronald Reagan Washington National Airport. In…

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Posted in Economy

India needs to ease land acquisition process for industries to attract investments: NITI vice-chairman

New Delhi: India needs to ease the process of land acquisition for setting up industries to attract more investments, NITI Aayog Vice Chairman Ashok Kumar…

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Posted in Economy

Lok Sabha passes Bill enabling Centre to allow UPI charges, MDR on digital payments

The Lok Sabha on Thursday passed amendments to the Payment and Settlement Systems (PSS) Act, 2007, paving the way for the Centre to allow banks…

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SpaceX stock faces a key year ahead as revenue, Starlink and AI growth rise. (Photo by Patrick T. Fallon / AFP) (AFP)
Posted in Business

SpaceX revenue jumps 92%: Where will SpaceX stock be in 1 year?

SpaceX has reported a strong second quarter, but investors were not fully convinced by the results. The company, formally known as Space Exploration Technologies, reported…

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Air India appoints Tewolde Gebremariam as Chief Executive Officer and Managing Director. (Air India )
Posted in Business

Air India CEO Tewolde Gebremariam was in talks to join Pakistan’s PIA until last month: Report

A month before being appointed as Air India‘s next chief executive officer (CEO), Tewolde Gebremariam was very close to taking over the role for Pakistan…

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Posted in Economy

Lok Sabha passes Taxation and Other Laws (Amendment) Bill to boost foreign investment, electronics manufacturing

The Lok Sabha on Thursday passed the Taxation and Other Laws (Amendment) Bill, 2026, which seeks to attract foreign investment, promote domestic manufacturing, provide greater…

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Posted in Economy

When is your home loan EMI increasing? RBI rate hike calls pushed back after dovish pause

MUMBAI: India’s central bank will likely begin hiking rates in December or ​later as core inflation in the ​economy remains low, four economists said on…

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Google CEO Sundar Pichai speaks at a conference in Mountain View, California. (Reuters)
Posted in Business

Inside Google’s AI reset: How Pichai is redrawing the map & shifting its centre of gravity back to California

Alphabet’s Google on Wednesday announced the largest overhaul of its artificial intelligence leadership since 2023, with Nobel laureate Demis Hassabis stepping back from day-to-day charge…

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A rebound in the Indian rupee since June has further strengthened the RBI’s case for patience. (File Photo/ REUTERS)
Posted in Business

The RBI is emerging as an Asian rate outlier. Five charts show why

India’s central bank is emerging as one of Asia’s monetary policy holdouts, confident the latest oil shock won’t derail economic growth or fuel the kind…

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