Economy News ( English version)

OpenAI is considering delaying its IPO until next year due to SpaceX’s poor debut and a drop in tech stocks. The company had previously prepared for a listing this year. Here's what happened.

Volkswagen AG plans to cut up to 100,000 jobs and close four German factories as part of CEO Oliver Blume's strategy to enhance competitiveness.

Indian-origin executive Shankh Mitra has become the world's second-highest paid CEO among S&P 500 companies after receiving a compensation package worth $821 million (around ₹7,061 crore). Mitra ranked behind Elon Musk, while most of record-breaking compensation is tied to long-term stock awards.

Customers can enjoy deals on products like mixers and smartphones, with prices starting as low as Rs.299. Offers are valid until June 30, 2026.

OpenAI is considering delaying its IPO until 2027 due to recent tech stock volatility, as reported by the New York Times. CEO Sam Altman aims for a $1 trillion valuation, working with Goldman Sachs and Morgan Stanley for a potential listing.

India and the UK are buzzing with optimism as their Comprehensive Economic and Trade Agreement (CETA) takes effect on July 15. Commerce Minister Piyush Goyal, leading a large business delegation, expressed confidence that the pact will significantly boost bilateral trade and strengthen the partnership. He emphasized that "this is the time, the right tim […]

Despite facing geopolitical instability and weather-related challenges, India's economy is expected to grow robustly at 6.9% in FY27. This growth is bolstered by favorable agricultural conditions, significant government infrastructure investments, and a resurgence in both rural and urban demand. While global tensions present risks, India's demograp […]

The minister is in the UK on a three-day visit to review the preparedness of both countries for the implementation of the Comprehensive Economic and Trade Agreement (CETA), which comes into force on July 15.

India's foreign exchange reserves saw a healthy uptick of $963 million, reaching $671.63 billion by June 19, 2026, as per RBI data. This robust buffer provides crucial economic stability, shielding the nation from external shocks and supporting the rupee. The central bank actively manages the forex market to maintain order, ensuring a stable financial e […]