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Wed Feb 12 16:49:50 UTC 2025: ## Tech Firms Vie for Dominance, While Economic and Political News Dominates Headlines
**Mumbai, India** – The Indian business landscape is buzzing with activity, according to recent headlines from The Economic Times. Competition is fierce in the food delivery sector, with Zomato, Swiggy, and Zepto employing various strategies to maintain their edge. Meanwhile, logistics company Shadowfax aims for a premium market position with its CriticaLog service.
The aviation sector is set to benefit from a key bill offering incentives to both Indian airlines and global leasing firms. However, consumers are facing rising loan rates despite a recent RBI rate cut. The stock market is also experiencing volatility, with Medanta shares seeing significant declines.
Beyond India, global headlines are dominated by political developments. Former Trump advisor Steve Bannon pleaded guilty, while Israeli Prime Minister Netanyahu issued a deadline for the return of hostages. Indian Prime Minister Modi paid tribute to fallen soldiers in France, and Finance Minister Sitharaman faced criticism regarding the allocation of central funds to states. Further afield, Elon Musk’s actions continue to spark controversy, including a denied attempt to take over the US government and an offer to buy OpenAI that was rejected by CEO Sam Altman. The death of Ram Mandir’s chief priest, Acharya Satyendra Das, also made headlines.