India’s economy is poised for a significant boom, potentially reaching $16 trillion by 2042, according to Motilal Oswal. This growth, driven by consumption and investment, is expected to elevate the corporate sector. The firm has identified 30 companies across various sectors, including autos, financials, and capital goods, positioned to capitalize on this multi-decade expansion and

SpaceX is reportedly exploring an IPO next year, with potential valuations exceeding $1 trillion, sparking excitement for what could be the “craziest IPO in history.” Despite Elon Musk’s controversial leadership and the space sector’s inherent risks, investors are drawn to SpaceX’s established launch business and growing Starlink network, anticipating substantial demand.

US jobless claims surged last week, exceeding expectations, though still within historical lows. Despite this, the Federal Reserve cut interest rates, signaling concerns about weakening job market momentum. Hiring has also slowed, creating a challenging environment for job seekers, with some major companies announcing layoffs.

New labour codes are set to redefine wage calculations, impacting salary structures, PF contributions, and gratuity payouts. The broader definition of ‘wages’ means more components will be included, potentially increasing employee benefits and employer liabilities. Fixed-term employees now qualify for gratuity after one year of service.

Elon Musk downplayed the achievements of the Department of Government Efficiency (DOGE), a cost-cutting initiative he led for Donald Trump, stating it achieved only limited gains before folding. Musk expressed regret over the role, citing backlash against him and Tesla, and indicated he would not repeat the experience.

Indian electronics industry leaders are urging the government to permit joint ventures with Chinese firms under the automatic route, capping their equity at 26%. This move aims to boost advanced component manufacturing by replacing case-by-case approvals with clear guidelines, potentially unlocking significant FDI.

The IMF chief urges China to rebalance its economy, warning that relying solely on exports is unsustainable for its size and risks global trade friction. Despite US tariffs, China’s exports are growing, with its trade surplus exceeding $1 trillion. Weak domestic demand and property woes hinder a shift towards consumer spending, prompting concerns from trading

India’s investment landscape is transforming, with mutual fund assets projected to surpass Rs 300 lakh crore by 2035. Mass and mass-affluent investors outside major cities are driving this growth, alongside a rise in long-term investment habits. Younger generations and women are increasingly participating, fueled by digital platforms, indicating a more inclusive and resilient domestic investor

India has rolled out tougher pilot duty regulations in a bid to enhance safety standards, yet this has thrown a wrench into IndiGo’s operations, affecting countless travelers. According to IATA’s Willie Walsh, the initial turmoil can be traced back to inadequate preparation, suggesting that as time passes, the system will find its rhythm again.