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Business
Private Equity Firms Target Experience-Driven Consumer Trends
MUMBAI: Private equity firms are increasingly investing in India’s events and experiences economy, with notable examples including KKR’s investment in BookMyShow and Blackstone’s stake in an Indian Premier League (IPL)…
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Business
Noel Proposes Revamp Plan for Tata Sons to RBI to Prevent Listing
MUMBAI: Tata Trusts chairman Noel Tata has proposed merging Tata Electronics Systems (TES) and Tata Consulting Engineers (TCE) with Tata Sons. This move aims to take the holding company outside…
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Business
Hormuz Shutdown Reaches Seven Months: Oil Prices Stay High as Trump Dismisses Iran Proposal
Oil prices increased on Monday as tensions in the Middle East continued to affect markets. This rise follows U.S. President Donald Trump’s rejection of Iran’s proposal to resolve the ongoing…
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Business
China Reduces Tariffs on US Agricultural Products While Excluding Soybeans
China has announced a reduction in tariffs on several U.S. agricultural goods, while maintaining a 10% tariff on soybeans, a key export. The Chinese commerce ministry released a list on…
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Business
India Launches First LNG-Powered Train from Ahmedabad, Aiming for Net Zero by 2030
Within months of launching its first hydrogen train, Indian Railways has introduced its first LNG train. Home Minister Amit Shah flagged off the LNG train from Sabarmati station in Gujarat…
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Business
Companies Introduce Sweeteners to Alleviate Impact of Rising Prices
MUMBAI: Brands are introducing flexible financing options this festive season to counteract rising product prices. Staggered payment plans and no-cost EMIs are among the strategies aimed at encouraging consumers to…
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Business
Rural Market Expansion Fuels Growth in Feminine Hygiene Products
NEW DELHI: The feminine hygiene market in India is experiencing significant growth, particularly in rural areas. Rural penetration of feminine hygiene products has increased from 28% in June 2022 to…
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Business
Market Sentiment Update: Crude Oil Prices, US-Iran Negotiations, and Economic Data Impacting Dalal Street This Week
Dalal Street is set to open the holiday-shortened week with investors closely monitoring geopolitical developments, oil prices, and global financial conditions. Analysts indicate that the ongoing US-Iran diplomatic talks and…
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Business
Mobile Retailers to Protest on October 2, Demand Zero MDR for UPI Transactions
Mobile phone retailers across India are set to observe October 2 as a “No UPI Day” in protest against the government’s proposed 0.4% Merchant Discount Rate (MDR) on UPI transactions…
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Business
France’s Baguette Faces Rising Costs: The Impact on Bakers and the Iconic Staple
France’s bakers are grappling with rising fuel costs that threaten their ability to produce the iconic baguette. The surge in fuel prices, triggered by the ongoing conflict in Iran, has…
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Business
India’s Consumer Durables Market Projected to Reach Rs 3.25 Lakh Crore by 2030, According to Report
India’s consumer durables market is projected to grow to Rs 3-3.25 lakh crore by 2030, according to a joint report by the Boston Consulting Group (BCG) and the Confederation of…
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Business
TRAI Unveils New Mobile Recharge Regulations: 30-Day Plans, Call-Only Options, and More
Prepaid mobile users in India will soon have more options for recharging their plans, thanks to a new consumer protection framework introduced by the Telecom Regulatory Authority of India (TRAI).…
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Business
Bank Closures This Week: Locations and Dates for September 28 to October 4
Bank customers should prepare for significant disruptions this week as several banks across India will close their branches between September 28 and October 4. A three-day nationwide strike called by…
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Business
Understanding India’s Barrier-Free Tolling: How FASTag and Number Plate Recognition Enable Automatic Toll Collection
India is set to revolutionize toll collection on national highways with the introduction of Multi-Lane Free Flow (MLFF) technology. This system aims to eliminate the need for vehicles to stop…
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Business
‘Productive Discussion’ Between EAM Jaishankar and Canada FM Anand Aims to Elevate Bilateral Relations
NEW DELHI: India and Canada are set to elevate their bilateral relationship, as confirmed by External Affairs Minister S. Jaishankar following a meeting with Canadian Foreign Minister Anita Anand at…
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