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Economy News 14 August 2025 - 7 September 2025

India’s Space Industry Skyrockets: From ISRO’s Legacy to a $77 Billion Future

India’s Space Industry Skyrockets: From ISRO’s Legacy to a $77 Billion Future

Key Facts: Introduction India’s space and satellite industry is undergoing a transformative boom, turning the country into one of the hottest “new space” markets to watch. Long synonymous with ISRO’s thrifty but trailblazing missions – such as the Mars Orbiter Mission that reached the red planet in 2014 for just $74 M (cheaper than the Hollywood movie Gravity) reuters.com – India is now leveraging that legacy to build a vibrant commercial space ecosystem. In recent years, a series of government reforms, startup successes, and high-profile missions have dramatically changed the landscape. The once entirely state-driven program is opening up to private
7 September 2025
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Rate Cut Fever, Crypto Records & Tariff Turmoil: August 2025’s Global Business Bombshells

Rate Cut Fever, Crypto Records & Tariff Turmoil: August 2025’s Global Business Bombshells

On August 13, 2025, the S&P 500 and Nasdaq closed at record highs as the Dow jumped about 1.04% (over 460 points) with traders pricing in a 25-basis-point Fed rate cut by the September meeting. Bitcoin hit an all-time high above $124,000 on August 14, 2025, supported by rate-cut bets and pro-crypto policy moves. Bullish, a cryptocurrency exchange operator, priced at $37 and debuted on the NYSE on August 13, 2025, with the stock surging to as high as $118 intraday and a market cap near $13.2 billion. Do Kwon, founder of Terraform Labs, pleaded guilty to U.S. fraud charges
14 August 2025
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