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The Latest Breaking News from Economics

Macquarie initiates 'Underperform' rating on Meesho, sees 25% downside. Here's why

Macquarie has initiated coverage on Meesho with an ‘Underperform’ rating and a target price of Rs 125, implying nearly 25% downside. The brokerage believes declining average order values and modest per-order economics could limit profitability, despite strong user growth, improving engagement metrics, and the company’s focus on free cash flow.

The Economic Times

Ex-Google CEO is key to Ukraine's most formidable drone weapon to date - $5000 Hornet can carry 5Kg of explosives on a 200Km, one-way trip

Eric Schmidt, former Google chief executive, drives drone projects behind Ukraine’s Hornet, shifting warfare toward low-cost swarm strike economics.

TechRadar

Can Elon Musk do to US telecom what Mukesh Ambani did in India?

Elon Musk's Starlink is poised to disrupt American telecom giants like AT&T and Verizon. Analysts believe Starlink could change how connectivity is delivered and who controls it. SpaceX's satellite internet service is evolving into a mainstream platform. This shift could accelerate declines in subscriber growth and revenue for traditional operators.

The Economic Times

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Inside Lalit Modi’s lavish London house: A look at the IPL founder’s 5-storey mansion

Lalit Modi, the architect of the Indian Premier League, has transformed cricket's economics and entertainment value. He resides in a lavish five-storey mansion in London's Belgravia-Chelsea, boasting a private elevator and an extensive collection of cricket memorabilia, reflecting his passion for the sport.

The Economic Times

LONGi Showcases LONGi ONE at SNEC 2026, Advancing Native Solar-Plus-Storage Integration

SHANGHAI, June 4, 2026 /PRNewswire/ -- At SNEC 2026, LONGi further advanced its LONGi ONE solar-plus-storage strategy, demonstrating how a unified technology architecture can address long-standing challenges and improve project economics across solar and energy storage deployments. As solar-plus-storage becomes a mainstream pathway for energy transition,...

AAP

Black Rock Coffee Bar Touts 20% Growth Goals, 1,000-Store Ambition at Conference

Black Rock Coffee Bar (NASDAQ:BRCB) executives outlined the company’s growth strategy, unit economics and near-term sales trends during a Baird investor session, emphasizing the brand’s store experience, barista engagement and expanding development pipeline. Chief Executive Officer Mark Davis said

MarketBeat

BlackLine Sees AI Tailwind as Accountants Demand Accuracy Over Hype

BlackLine (NASDAQ:BL) executives said finance and accounting departments are moving cautiously but steadily toward artificial intelligence, with demand centered on accuracy, controls and predictable economics rather than experimentation. Speaking at the Baird Global Consumer, Technology & Servi

MarketBeat

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Hycroft Delivers $10 Billion NPV from Technical Report at Spot Prices While Advancing High-Grade Brimstone and Vortex Silver Discoveries

WINNEMUCCA, Nev., June 3, 2026 /PRNewswire/ -- Hycroft Mining Holding Corporation (Nasdaq: HYMC) ("Hycroft" or "the Company"), is pleased to announce the results from its S-K 1300 Technical Report Summary and Initial Assessment (the "TRS"), which outlines the economics and mine plan for a milling operation utilizing conventional pressure oxidation…

AAP

RBI may have sold gold to save foreign reserves, BE report shows

The RBI may have sold about $12 billion worth of gold reserves in the two weeks through May 22 to protect its foreign-currency assets amid capital outflows and rising oil prices, according to Bloomberg Economics. The move suggests policymakers are prioritising liquid forex reserves as Middle East tensions pressure the…

The Economic Times

UK’s growing green economy worth more than £100bn a year, research finds

Net zero industry accounts for more than a million jobs and benefits whole country, according to CBI Economics

The Guardian - UK

'Not Western version of democracy': 147 constituencies allegedly excluded from Ethiopia's election

As Ethiopians head to the polls, François Picard is pleased to welcome Jervin Naidoo, Political Analyst at Oxford Economics Africa. While official narratives emphasise stability and democratic progress, significant portions of the country remain excluded from voting, raising concerns about representation, legitimacy and the consolidation of power. Naidoo argues that…

France 24

Exclusive: Economists have been teaching an unproven proof for 50 years. AI just solved it

Axiom Math, a $1.6B AI unicorn, is building a formally verified library of economic theorems — and already found gaps in the foundations of antitrust law.

Fortune

Quote of the Day by Adam Smith: “How selfish soever man may be supposed, there are evidently some principles in his nature, which interest him in the fortune of others, and render their...” Learn why true happiness grows when you care about others — the timeless wisdom that proves human kindness is stronger than selfishness

Quote of the Day by Adam Smith: This is one of the most powerful openings in the history of economics and philosophy. It perfectly highlights a side of Adam Smith that people often forget. While everyone remembers him for the "invisible hand" and self-interest in The Wealth of Nations, this…

The Economic Times

I raised $15 million without VC in one of tech’s most capital-intensive sectors. Here’s what I learned

Here's why chasing institutional capital in mobility is a trap, and how building with private money forced the discipline the industry never had.

Fortune

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The Economic Times

Ather Energy shares can rally till Rs 1,450, says CLSA, citing twin engine

CLSA sees nearly 60% upside in Ather Energy, initiating coverage with an “Outperform” rating and a Rs 1,450 target. The brokerage cites a “twin engine” of cost deflation and premiumisation, strong software-led revenues, and improving unit economics, expecting EBITDA breakeven by FY28 and significant margin expansion through FY31–32.

Kiplinger

'Incentives Matter': 6 Valuable Lessons From Economics About Work and Retirement

While critics complain that economists are always at odds, there are plenty of areas of agreement that contain valuable lessons for our working lives and more.

The Economic Times

ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha Majety

Swiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battles. He addressed recent shareholder concerns regarding board appointment rights, emphasising its link to the company's Indian Owned and Controlled Company (IOCC) status.

MyLifeXP

Elon Musk's SPACE AI Data Centers: Genius or Dangerous Gamble?

IntroductionArtificial intelligence is quickly becoming one of the most influential technologies of the modern era. Behind every AI chatbot, image generator, and smart recommendation system lies an enormous amount of computing power. As the demand for AI grows, so does the need for larger and more advanced data centers. Elon…

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The Economic Times

Spanish proverb of the day: 'Sometimes the remedy is worse than...' Life lessons on problem, solution, human nature, success and why one should think twice before acting

Spanish proverb of the day highlights the saying “A veces el remedio es peor que la enfermedad” or “Sometimes the remedy is worse than the disease.” The proverb teaches people to think before taking action because some solutions create larger problems. The saying remains relevant in business, health, economics, family…

MyLifeXP

Kejriwal’s One Question On Oil Left BJP Defending Fast

Every time petrol and diesel prices rise, millions of Indians feel the pressure instantly. From auto drivers to office workers, from delivery boys to middle-class families, everyone ends up paying more. This time, the debate exploded after Arvind Kejriwal publicly questioned Prime Minister Narendra Modi over why India is not…

AAP

New GCNC and Whitney Economics Report Examines Europe's Expanding Role in Global Cannabis Markets

LONDON, May 26, 2026 /PRNewswire/ -- Europe's cannabis economy has long been described as a sleeping giant. A new international report suggests that the European sleeping giant may finally be waking up. Released during this week's Cannabis Europa 2026 conference in London, a new report from the Global Cannabis Network…

The Economic Times

India and the new economics of constraint

India is attempting to rise in a world shaped increasingly by AI, fractured supply chains, geopolitical rivalry, slowing globalisation, and mounting debt burdens.

Barchart

The Broadcom Stock Paradox: Why a $2 Trillion Valuation Ignores the Base Economics of Custom Chips

Broadcom's nearly $2 trillion valuation is built on a dangerous misconception. While the market prices the company like a high-margin product monopoly similar to NVIDIA, its custom AI chip business may dilute overall profitability as the segment grows.

The Economic Times

Walmart’s international sales growth in Q4 driven by Flipkart, China units

Flipkart powered Walmart's international growth in the first quarter of FY27. The ecommerce company boosted advertising revenue and profitability and its quick commerce offering, Flipkart Minutes, is scaling faster deliveries. This quick commerce push aligns with Walmart's global strategy to enhance ecommerce economics.

MarketBeat

Perion Network Q1 Earnings Call Highlights

Perion Network (NASDAQ:PERI) reported modest first-quarter revenue growth while management highlighted rising adoption of its Perion One platform and Outmax AI agent as the company continues to shift away from legacy web and search economics toward channel-agnostic advertising infrastructure. On th

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