BUSINESS
India’s AI Industry to Triple, Reaching $17 Billion by 2027: Report
Strong enterprise technology spending, a thriving digital ecosystem, and a large pool of skilled talent are the reasons behind such quick growth.
Starlink Launches in India: ₹33,000 Equipment Fee + ₹3,000 Monthly After Trial
According to a report by ANI, Starlink has decided on a price plan specific to the Indian market. Users will need to spend about ₹33,000 on the satellite dish—the central hardware required to access the service. The monthly plan with unlimited data will cost ₹3,000.
India to Grow at 6.3% in FY26, Retains Title of Fastest Growing Major Economy: World Bank
In its recent Global Economic Prospects report, the World Bank forecast growth to be at an average of 6.6% per annum over the next two years starting FY 2026-27.
No declining trend in FDI into India, Says Piyush Goyal
He explained that such variations were mainly caused by fluctuations in international interest rate cycles rather than domestic reasons.
India's defence exports surged by 1,100 pc in last 10 years, Says Nirmala Sitharaman
She noted that the country has significantly enhanced its national security while emerging as a reliable contributor to international peace.
SBI Disburses ₹8,077 Crore Dividend to Government for FY 2024-25
SBI Chairman CS Setty handed over the cheque at a meeting at the Finance Minister's office in the presence of top government officials.
LIC Sees 13.8% Rise in Group Premiums in May
For the first two months of FY 2025–26, LIC's group premium increased 13.66%, reflecting persistent institutional demand.
US Treasury Warns Global Impact of China’s Export Dependence and Declining Domestic Consumption
The report says that this policy is not only bad for China but has negative implications for the world economy.
Tesla Loses $380 Billion in Market Value as Trump-Musk Feud Sparks One of 2025’s Biggest Stock Crashes
The blowup was triggered when Musk sharply criticized Trump's most recent tax-and-spending bill on Twitter. Trump responded by vowing to pull federal contracts from Tesla and SpaceX.
World Bank: 269 Million Indians Moved Out of Extreme Poverty in the Past 11 Years
Based on the latest figures published by the World Bank, the percentage of Indians in extreme poverty fell drastically to 5.3% in 2022–23 from 27.1% during 2011–12.
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