On the policy side, Commerce Minister Piyush Goyal said the India–EU free trade agreement is nearing the finish line, even as a high-level US trade delegation lands in New Delhi to accelerate talks on a bilateral pact.
Aviation remains turbulent, with Indigo’s operational crisis prompting SpiceJet and Air India to add nearly 170 daily flights to stabilise passenger movement.
Back in markets, Meesho’s strong listing, developments in the Novo Nordisk–Sun Pharma weight loss drug patent case, SpaceX’s blockbuster IPO plans, and Uber’s entry into B2B logistics.
Stay with us for all the latest updates and expert takes—there’s plenty to unpack!
Amazon targets $80 billion India exports by 2030, bets on AI to turbocharge global sales
Amazon is preparing to scale its India exports programme to an ambitious $80 billion by 2030, leveraging artificial intelligence to compress costs, accelerate brand-building, and help hundreds of thousands of small businesses tap global demand. The projections mark a sharp step-up from the company’s earlier target of $20 billion, which it has already surpassed ahead of schedule.
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Satya Nadella highlights India-focused AI push after Microsoft's $17.5 billion push
Microsoft CEO Satya Nadella said the company is "excited about investment in India," calling its $17.5-billion commitment announced on December 9 "the largest investment in Asia we have made in India till date." Speaking at a Microsoft event in New Delhi, Nadella outlined the company's India-focused AI strategy and said he met Prime Minister Narendra Modi for a "fruitful meeting" on Tuesday.
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'India-EU FTA to be finalised soon,' Piyush Goyal says agreement has many dynamics
A free trade agreement (FTA) between India and the European Union (EU) is going to be finalised soon, said Piyush Goyal on Wednesday, December 9. Speaking at the Pravasi Rajasthani Divas in Jaipur, the Commerce and Industry Minister said that both sides have agreed on the broad contours of a trade deal, and the agreement has many dynamics that would benefit the two sides.
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US trade delegation in India this week; Embassy reaffirms commitment to bilateral agreement
A high-level US trade delegation led by Deputy United States Trade Representative (USTR) Ambassador Rick Switzer is in India this week as both countries step up efforts toward a long-discussed bilateral trade agreement. The delegation is holding meetings with Indian counterparts between December 9 and 12.
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IndiGo crisis: SpiceJet and Air India plan to operate 170 additional daily flights this winter
Amid the IndiGo airline fiasco, SpiceJet and Air India are planning to introduce more flights for the convenience of passengers. While SpiceJet is planning to introduce 100 additional daily flights, Air India is mulling on adding 60-70 flights per day. This comes after the Civil Aviation Ministry has ordered IndiGo to reduce its flight schedule by 10% to stabilise operations, which have been disrupted massively due to the transition to the second phase of the new flight duty norms for pilots.
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Also Read:IndiGo crisis exposes deeper flaws in aviation oversight, experts say
Meesho debuts at 46% premium after ₹5,421 crore IPO
After Meesho's ₹5,421-crore initial public offering closed with a stellar 79 times subscription, the much-anticipated tech unicorn made its Dalal Street debut on Wednesday, December 10, marking one of the most closely watched listings of the year.
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Sun Pharma says it will not sell semaglutide drugs in India until Novo Nordisk's patent expires
The patent dispute between Novo Nordisk and Sun Pharma over semaglutide reached the Delhi High Court, with Sun Pharma assuring that it will not sell any drugs based on the compound in India while the patent remains in force.
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SpaceX aims for IPO over $30 billion, backed by Starlink and Starship success
SpaceX is accelerating plans for an initial public offering (IPO) that could raise well over $30 billion, potentially setting a new record for the largest listing in history, Bloomberg News reported, citing sources with knowledge of the matter.
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Uber rolls out B2B logistics and metro ticketing in Bengaluru via ONDC
Uber announced its entry into B2B logistics with the launch of Uber Direct in Bangalore, powered by the Open Network for Digital Commerce (ONDC). The company also rolled out metro ticketing on the Uber app in the city through ONDC.
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