Economy News ( English version)

Airbnb will pay a monthly rent of around ₹61.53 lakh for a five-year tenure, with a 5% rent escalation annually

Nilekani's comments come on the back of new rollouts by AI-native firms including Anthropic and OpenAI almost on a bi-weekly basis

Peter Thiel moved to Buenos Aires. A record number of ultra-wealthy individuals are building Plan B lives abroad as US tax pressures and global risks mount

As the satirical mock ‘political party’ battles a government takedown order of its social media presence, employees at top audit and consulting firms find the sites of Cockroach Janta Party blocked on their intranets. The block is at the level of the company networks, not by ISPs.

Google's Gemini 3.5 Flash rivals frontier AI models at a fraction of the cost, as companies burn through annual token budgets within months of the year starting. 

India's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are growing. Labour markets are stable. Foreign exchange reserves offer protection. However, rising crude prices, tighter finances, and a weak monsoon pose risks. Inflation needs careful watching. Navigating the coming […]

Demand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The government increased the import duty on gold to 15% from 6% with effect from May 13.

The central bank said the impact of the conflict is likely to remain contained in the near term but warned that an escalation could derail India's otherwise positive growth trajectory.

The rupee fell to a record low of 96.96 on May 20. The fall in reserves also comes amid revaluation in gold reserves. Gold reserves fell by $4.5 billion to $114.7 billion, while foreign currency assets decreased by $2.8 billion to $543 billion in the week.

A trade agreement between India and the US is expected soon. US Ambassador Sergio Gor described the India-US relationship as the defining partnership of the 21st century. Technology, strategic trust, and economic cooperation are driving this bond. A US team will visit next month to finalize details. The TRUST initiative strengthens collaboration in advanced […]