India

Starlink, the satellite-based internet service by SpaceX, has officially launched in India, offering high-speed connectivity to regions with limited broadband infrastructure. Targeting both urban and rural users, the service promises download speeds ranging from 50 Mbps to 250 Mbps and low latency, positioning itself as a viable alternative to traditional ISPs. With pricing set competitively and availability expanding across multiple states, Starlink aims to bridge the digital divide while addressing the growing demand for reliable internet.

Suzuki Motorcycles has announced a recall affecting 5,000 units of its popular Gixxer 250 model due to a potential issue with the rear braking system. The move aims to ensure rider safety and prevent any performance-related incidents stemming from brake malfunction. Owners of the affected bikes are advised to visit authorized service centers for inspection and corrective measures at no additional cost.

TVS Motor Company has officially launched its latest electric two-wheeler, the TVS Orbiter, in India, further expanding its footprint in the country’s rapidly growing EV market. Positioned as a premium electric scooter, the Orbiter is designed to offer advanced performance, long-range capabilities, and smart connectivity, all at a competitive price. With a starting ex-showroom tag of Rs. 1.25 lakh, the Orbiter seeks to challenge established players such as Ola Electric, Ather Energy, and Bajaj Auto.

Gold prices in India surged to fresh record highs this week, reflecting both global economic turbulence and strong domestic demand. The precious metal, traditionally seen as a safe-haven asset, gained momentum as investors grew wary of global growth prospects, persistent inflation, and geopolitical risks. In India, where gold plays a dual role as an investment and cultural staple, higher prices have sparked both enthusiasm and caution among buyers.

Reliance Industries Ltd. (RIL) unveiled an ambitious expansion of its new energy business during its Annual General Meeting (AGM), underscoring Chairman Mukesh Ambani’s vision to transform the conglomerate into a global leader in green and sustainable energy. The company outlined significant investments in renewable infrastructure, advanced battery technology, and hydrogen fuel, aiming to accelerate India’s transition toward a low-carbon economy.

French automaker Renault has rolled out the facelifted version of its compact SUV, the Kiger, in the Indian market with a starting price of Rs. 6.30 lakh (ex-showroom). The refreshed model, aimed at enhancing the brand’s competitiveness in the sub-compact SUV segment, introduces cosmetic updates, feature enhancements, and improved safety offerings. Available in multiple trims, the Kiger facelift continues to offer both naturally aspirated and turbocharged petrol engine options.

Indian equity benchmarks ended lower as global market turbulence and persistent concerns over monetary tightening weighed on investor sentiment. The Sensex and Nifty both closed in the red, extending recent volatility fueled by foreign capital outflows, rising crude oil prices, and expectations of prolonged high interest rates in the United States. While select sectors such as information technology and pharmaceuticals cushioned some losses, heavy selling in banking, energy, and auto stocks dragged indices down.

The Indian rupee has plunged to a record low against the US dollar, reflecting a convergence of global and domestic pressures that are reshaping currency markets. A combination of rising crude oil prices, persistent foreign capital outflows, and a stronger greenback has eroded investor confidence in the rupee. While the Reserve Bank of India (RBI) has intervened periodically to curb volatility, its efforts have only slowed the pace of depreciation, not reversed the trend.

At its 48th Annual General Meeting on August 29, 2025, Reliance Industries unveiled a suite of AI-powered offerings, signaling its aggressive pivot into artificial intelligence across media and technology. Introducing Riya, JioPC, JioFrames, JioLenZ, and JioStar, the conglomerate framed these as catalysts for transforming user engagement and digital infrastructure in India. Concurrently, Reliance revealed plans for the Reliance Intelligence AI-centric subsidiary and announced the IPO of Reliance Jio, anticipated in the first half of 2026.

India is set to witness a historic transformation in its urban landscape, with an estimated Rs. 10 lakh crore in investments earmarked for infrastructure development over the next four years. The massive capital infusion is expected to modernize cities, expand public utilities, and enhance quality of life for millions of urban residents. With urbanization accelerating at unprecedented levels, the government’s push toward integrated planning, sustainable growth, and resilient infrastructure is designed to meet rising demands while laying the foundation for globally competitive cities.