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The Latest Breaking News from Economy

India can build Starlink-like satellite constellations: SatCom India President Subba Rao

India is poised to become a major player in the global space economy. Reforms and government backing are enabling private companies to build satellite constellations. These constellations will serve global markets, offering high-speed internet. Indian entrepreneurship, guided by a broader purpose, will drive this growth. This initiative opens significant opportunities…

The Economic Times

Building data centers in space is an intriguing idea on paper, but major engineering challenges must be solved

Imagine if one company could become the railroad, electric utility and cloud-computing provider of the emerging space economy. That potential fueled excitement around the long-anticipated initial public offering of SpaceX. Investors are not simply betting on rockets anymore. They are betting on an entire orbital ecosystem.

The Conversation

World Cup could deliver £7.6bn boost to UK economy – but ‘sickies’ may cost billions

A successful campaign by Harry Kane and his teammates could bring a useful boost to the struggling economy

The Independent UK

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Are rural white folks done with Trump?

President's lies about the failing economy are catching up to him. UFC Freedom 250 won't fix that

Salon

Iran says talks on final US deal to begin this week

Iran and the United States are set to begin crucial nuclear and sanctions relief talks this week. An agreement to end a recent war is expected to be signed soon. Negotiations will focus on Iran's nuclear program and the lifting of sanctions. The Strait of Hormuz is anticipated to reopen,…

The Economic Times

Mobile Technologies Contributed $240 Billion to Africa's Economy in 2025 as the Continent Enters a New Phase of Digital Transformation

LONDON, June 16, 2026 /PRNewswire/ -- Mobile technologies and services contributed $240 billion to Africa's economy in 2025, equivalent to 7.8% of GDP, according to the GSMA's Mobile Economy Africa 2026 report. The sector also supported approximately 13 million jobs and generated $45 billion in public revenues, underlining the growing…

AAP

More than manufacturing: Vietnam has hopes to become Asia's next cultural powerhouse

Government policy and grassroots creators hope to prove that Vietnam can export culture as well as consumer goods.

Fortune

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REE Corp. chair Nguyen Thi Mai Thanh spent 40 years navigating Vietnam's economy. Here's what she thinks comes next

Nguyen Thi Mai Thanh spent the Vietnam War working as a medic. She's since been at the forefront of Vietnam's transformation, including leading the first company to privatize and publicly list.

Fortune

Satya Nadella Warns Against AI Future Where 'A Few Models Eat Everything They See'

Microsoft CEO Satya Nadella cautions against an AI economy dominated by a few models, warning of industry commoditisation and the loss of unique expertise.

International Business Times UK

CM DK Shivakumar hails Karnataka's dynamic economy; state registers 9.5% export growth in FY 2025-26

Karnataka's economy is booming. Exports grew by 9.5 percent in the financial year 2025-26, reaching almost ₹19.7 lakh crore. The state leads in software and services exports. Chief Minister DK Shivakumar also assured that welfare schemes will continue with enhanced verification to prevent misuse. These benefits are exclusively for Karnataka…

The Economic Times

AAP Rolling News Bulletin June 16, 1800

AAP Rolling News Bulletin for June 16 at 1800

AAP

AAP Rolling News Bulletin June 16, 1730

AAP Rolling News Bulletin for June 16 at 1730

AAP

Vietnam's economy is one of the fastest-growing in the world. Can it make the leap into the ranks of middle-income countries?

Hanoi wants to grow the economy by 10% annually by the end of the decade--but does Vietnam have enough capital, labor, and infrastructure to meet these ambitions?

Fortune

Beyond the Terminal: NRIs should factor 'Inevitable India' into their portfolios

India's economy is transforming, offering opportunities for Non-Resident Indians. Despite rupee depreciation, an undervalued currency presents potential gains. Reforms and domestic demand drive growth. GIFT City provides a simple, tax-efficient way for the diaspora to invest in India's future. This allows NRIs to participate in India's progress from anywhere.

The Economic Times

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AAP

AAP Rolling News Bulletin June 16, 1630

AAP Rolling News Bulletin for June 16 at 1630

The Conversation

The RBA holds interest rates steady, but warns another hike is possible if inflation stays high

The Reserve Bank of Australia (RBA) has left the official cash rate unchanged at 4.35%, choosing to pause after raising interest rates three times already this year.

The Guardian - AU

RBA interest rates: Reserve Bank holds official cash rate at 4.35%

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year

The Conversation

The 5 best films from this year’s (outstanding) Sydney Film Festival

Each year, the Sydney Film Festival offers a chance to see many films from industries that have mostly avoided the banal moral economy of Hollywood in the 21st century. Here are my top five from the 2026 festival.

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AAP

All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates

Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded

The Independent UK

China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit

For eight years, the United States has waged economic war on China, slapping big taxes on Chinese products before they enter America

The Economic Times

India’s first clean economy index fund is here: Should you invest?

India's green transition is accelerating, and the Motilal Oswal BSE Clean Environment Index Fund offers a unique passive investment route. This fund targets companies directly involved in five key clean economy themes: Renewables, EVs, Water Treatment, Recycling, and Waste Management, providing a transparent, rules-based approach to a structural, decadal opportunity.

The Economic Times

China's May retail sales fall for first time in over three years

China's economy shows a worrying split in May. While factories are humming with strong exports, consumer spending took a hit, with retail sales falling for the first time in over three years. Investment also slumped, deepening concerns about domestic demand. Experts anticipate policy adjustments to boost consumption.

AAP

China's May retail sales fall first time in three years

There is a two-speed ‌growth pattern in China's economy, with the export sector showing stellar performance but domestic demand worsening.

The Independent UK

Rural America turns on Trump: President’s approval rating slips to new low in poll

Respondents cited gas prices and Trump’s handling of the economy

Bangkok Post

Warning over worsening economy in next 6 months

Tisco Financial Group expects the global economy to face mounting challenges in the second half of 2026, warning that stagflation risks, elevated energy prices and geopolitical tensions could create a more volatile environment for investors.

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