Why commercial card spending has been paused

By Chinese standards, the 5% economic growth projected for 2024 seems rather modest. But such is the state of its economy that most analysts do not expect it to meet even this target. Mint looks at China’s economic woes and what it portends for the global economy.

Following two years of robust growth, India’s solar capacity additions sharply declined by 44% in 2023, the lowest since 2016. What triggered this slowdown, and will this trend persist? Mint explores.

Google dashed off notices to some startups and suspended their apps from Play Store, sending these firms into a tizzy. As they look to the Supreme Court and the Competition Commission of India (CCI) for a possible resolution, Mint asks: Could this row have a wider impact?

The Indian economy grew at a surprising 8.4% in the third quarter of FY24. Will this pace of economic expansion continue in the fourth quarter? What is the outlook for 2024-25? Mint looks deeper into the third quarter performance and the prospects for the next few quarters.

SpiceJet boss Ajay Singh and Busy Bee Aviation have submitted a rescue plan for bankrupt airline Go First. Previously, efforts to revive Jet Airways have met with limited success. Mint explains the flight path of recovery and the challenges associated with it.

India makes up two-thirds of users of Truecaller, the Swedish caller identification app. Now the Centre’s telecoms department may soon introduce such a service as a default telco offering. Mint decodes how such a move may affect telcos, and Truecaller.

Houthi attacks on commercial ships in the Red Sea, in reprisal for Israeli bombing of Gaza, continue unabated and the disruption they are causing is beginning to pinch. As the crisis enters its fourth month,

Stocks of public sector undertakings (PSU) have had a sterling rally this year. The 56-stock BSE PSU Index’s doubling outshines the Sensex’ modest 24% return this fiscal amid a valuation re-rating backed by earnings. But this rally isn’t a mere bubble.

The Centre’s move to allow partial denotification of special economic zones (SEZs) into non-SEZs in IT and IT-enabled services parks has prompted developers and real estate investment trusts (REITs) to de-notify SEZ spaces. Will this impact vacancy levels?

The Reserve Bank of India has asked a card network to pause payments under a system that allowed companies to make card payments to certain other businesses. RBI did not name the network but Visa says it’s got a missive. Mint explains the reasons