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Bloomberg Quint

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Image Credit: Bloomberg Quint

Tragedy In The Air, Tension On The Ground — The Week That Was

  • A deadly plane crash in Ahmedabad claimed 241 lives, with a sole survivor currently in hospital.
  • Tensions rose in West Asia after Israel attacked Iran's nuclear sites, affecting global markets.
  • India's retail inflation dropped to a six-year low, driven by significant decreases in food prices.
  • Rapido plans to enter food delivery with a flat-fee model, challenging existing commission structures.
  • India is transitioning to competitive tendering for defence projects to promote fair price discovery.
  • Regulatory approvals are pending for Elon Musk's Starlink launch in India, affecting the timeline.
  • The week also saw discussions on Air India crash claims, economic growth, and mutual fund choices.
  • Global players like Starlink and Amazon's Project Kuiper are seeking opportunities in India's satellite internet market.
  • India's economic development is drawing parallels to China's growth trajectory of 35 years ago.
  • Quant Mutual Fund's unique exposure to silver instead of gold has sparked interest and discussions.

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