Economy News ( English version)

Emails released by the US Department of Justice show Jeffrey Epstein's role as an adviser in the creation of OneWeb, a satellite network competitor to Starlink. Founder Greg Wyler confirmed Epstein offered guidance but no investments were made.

Jack Dorsey's Block plans to lay off 10% of its workforce during performance reviews, with aim to “overhaul” its business, according to a Bloomberg report. Hundreds of Block workers have been informed that their jobs could be cut. 

Hims & Hers Health Inc. announced it will stop selling a copycat version of Novo Nordisk's Wegovy weight-loss pill two days after its launch, following FDA scrutiny. Here's all we know about the probe and US health department's moves. 

American Airlines Group Inc. Chief Executive Office Robert Isom on Saturday responded to a flood of concerns from pilots about the company’s underperformance, days after the union threatened to hold a vote of no confidence in management.

On Saturday, SBI reported a net profit of ₹21,028 crore for Q3, 24.5% higher than the same period last year, beating analyst estimates

New Budget proposals offer a significant boost to India's data centre sector. A 20-year tax holiday until 2047 will attract foreign investment. This move allows Indian data centres to serve global clients without their foreign income facing Indian taxes. This ensures a level playing field for both domestic and foreign-promoted data centres.

Greek Defence Minister Nikos Dendias declared India an indispensable partner for Europe, highlighting its growing strategic and economic significance. Speaking at the India-EU Forum 2026, he expressed strong support for the proposed EU-India Free Trade Agreement, anticipating substantial mutual benefits. The forum concluded after two days of discussions on e […]

India-US trade deal: The framework targets balanced trade, supply chain resilience and deeper technology cooperation. India intends to buy $500 billion of US energy & tech products, aircraft & parts, precious metals, tech products, coking coal over 5 years.

India-US trade deal: India's exports of about $44 billion to the US will enter the American market at zero reciprocal tariffs under the first phase of the BTA, which is expected to be signed by mid-March. This will include spices, tea, coffee, copra, coconut oil, certain nuts, banana, guava, mango, bakery goods, and home decor.

India and the US have inked an interim trade deal, paving the way for duty-free exports across numerous sectors, including textiles, leather, and aviation. Global aerospace giants Boeing and Airbus are eyeing India as a major foreign Original Equipment Manufacturer base for aircraft components, signaling significant growth potential and excitement for the bi […]