Economy News ( English version)

Ed Zitron claims that the AI boom is primarily driven by OpenAI, cautioning that its collapse could trigger an industry downturn. Despite heavy investments, concerns exist over profitability, particularly as OpenAI's revenue struggles to match its infrastructure costs.

SpaceX's IPO generated headlines, but short sellers have reaped $5 billion in paper profits amid a stock decline. The short interest surged from $4.5 billion to $25 billion, with analysts remaining optimistic overall despite recent volatility and a market value drop to $1.63 trillion.

Meta is negotiating a deal to lease AI computing power to Anthropic, potentially worth $10 billion, transforming a previously seen liability into a revenue opportunity. 

In 1991, while completing his MBA in marketing and finance at the University of Texas at Austin, the India-born executive was searching for career opportunities

Yes Bank expects margins to improve through lower funding costs and remains open to a microfinance acquisition, though none is planned immediately.

New Delhi offers the world's cheapest date and broadband internet services. Property prices in Delhi remain relatively low compared to global markets. However, the city's salaries are among the lowest recorded globally. Everyday expenses have significantly decreased in dollar terms over the past decade. Delhi's quality of life rankings did not […]

Maharashtra's agriculture minister announced revamped taluka committees for faster complaint resolution. These committees will now investigate seed, fertiliser, and pesticide quality issues within seven days. Field inspections and sample testing will ensure impartial inquiries into farmer complaints. Representatives of companies and retailers must atten […]

Gujarat leads India's major states in NITI Aayog's Investment Friendliness Index 2026. The state achieved the highest score, reflecting its investor-friendly business environment. Gujarat's policy stability and efficient single-window system attract significant investor confidence. World-class industrial infrastructure and strong logistics fur […]