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Business

Elon Musk's Starlink Battles for Subsidies in Canada Amidst Rising Tensions

Elon Musk's Starlink faces opposition from Bell over federal subsidies in Canada, with SpaceX warning of higher prices for remote communities. The conflict occurs amid rising anti-...

Business

Fitch's Downgrade Shakes Giants: Alibaba and Tencent Ratings Lowered Amid China's Credit Shift

Fitch Ratings has downgraded Alibaba and Tencent's credit ratings to 'A' from 'A+', mirroring China's sovereign rating cut. Tencent Music also saw a drop to 'A-', attributed to the...

Business

India Accelerates US Trade Deal Negotiations, Offers Duty-Free Imports in Key Sectors

India is advancing towards a bilateral trade agreement with the US, offering duty-free imports in key sectors under PLI schemes to expedite negotiations. The deal aims for completi...

Business

Elon Musk's Starlink Battles Canadian Telecom Giant Over Subsidy Access in Remote Areas

Elon Musk's Starlink faces opposition from Bell in Canada over access to federal subsidies for northern internet providers. SpaceX argues exclusion would harm competition and raise...

Business

Fitch Downgrades Alibaba and Tencent Ratings Following China's Sovereign Credit Cut to 'A'

Fitch Ratings has downgraded Alibaba and Tencent's credit ratings to 'A' following China's sovereign rating cut. Tencent Music also affected, dropping to 'A-'. The move reflects th...

Business

RBI Governor Clarifies Repo Rate Direction Amid Global Economic Uncertainties

The RBI has revised its GDP growth projections for FY 2025-26 downwards to 6.5%, amid global economic uncertainties. Governor Sanjay Malhotra discusses the unpredictable repo rate ...

Business

Apple Shifts iPhone Production to India Amid Trump's Tariff War with China: A Strategic Move

Apple is increasing iPhone production in India to counter Trump's tariffs on Chinese goods, aiming for 25% of global manufacturing by 2025. India's role as a manufacturing hub grow...

Business

Fitch's Downgrade Shakes Giants: Alibaba and Tencent Ratings Lowered Amid China's Credit Crisis

Fitch Ratings has downgraded Alibaba and Tencent's credit ratings following China's sovereign rating cut, citing domestic operations and government regulation as key factors. Tence...