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India to grow at a healthy 7% in 2026-27 despite global uncertainties: CareEdge

NEW DELHI: Even with external uncertainties lingering, the Indian economy is expected to record healthy growth of seven per cent in the upcoming financial year 2026-27, CareEdge Ratings has asserted.The growth momentum, according to the rating agency, will be supported by factors such as low inflation, lower interest rates, and a lower tax burden.“While India’s…

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Reliance says JioMart is on track to be No. 2 in quick commerce

BENGALURU: Reliance Industries on Thursday said JioMart is on track to become India’s second-largest quick commerce player, underscoring intensifying competition among rapid-delivery platforms even as rivals await their latest quarterly results.In its earnings presentation, Reliance said JioMart’s hyperlocal commerce business recorded a daily run-rate of about 1.6 million orders during the December quarter. Online average…

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Budget 2026: Tata Motors flags pressure on entry-level EVs; wants PM E-DRIVE support for fleet segment

Tata Motors has sought targeted incentives for entry-level electric vehicles and support for electric cars used in the fleet segment under the PM E-DRIVE scheme in the upcoming Union Budget.In an interaction with news agency PTI, Tata Motors Passenger Vehicles managing director and CEO Shailesh Chandra said that while recent government interventions have helped revive…

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India biscuit market: Parle’s sales grow in FY25; profitability hit by intense competition

Parle Products reported steady growth in revenue in FY25, even as profitability came under pressure, highlighting the intense competition and changing dynamics of India’s biscuit and confectionery market. The unlisted FMCG major recorded an 8.5 per cent rise in operational revenue to Rs 15,568.49 crore in the financial year ended March 31, 2025, according to…

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AI at work: Adoption outpaces employee training; majority feel unprepared for role changes

Artificial Intelligence adoption at workplaces is moving faster than corporate training efforts, leaving many employees unprepared for rapidly changing roles, according to a report by Genius HRTech.According to news agency PTI, the report said 71 per cent of professionals believe their roles or responsibilities will change significantly over the next few years as AI-driven tools…

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Commodities watch: Gold seen climbing on safe-haven buying; silver may correct after record highs

Gold prices are expected to extend their upward trend in the coming week, supported by safe-haven buying and expectations of policy easing by the US Federal Reserve, while silver may see a phase of consolidation after its recent sharp rally, analysts said.According to news agency PTI, market participants will closely track a series of global…

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Greenland row: France’s Macron urges trade ‘bazooka’ action against US tariffs; seeks activation of EU anti-coercion instrument

AI image (Picture credit: Google Gemini) French President Emmanuel Macron will ask the European Union to activate its powerful anti-coercion instrument if the United States goes ahead with imposing tariffs on European countries amid the standoff over Greenland, according to officials and media reports.Macron’s office said on Sunday that the French president would request the…

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WEF 2026: Investing in women’s employment is key to future-proof economies – industry chair Ebru Ozdemir

Investing in women’s employment is the most efficient way to build a resilient, inclusive and future-proof economy, Ebru Ozdemir, chairperson of the Board of Limak Holding and chair of the World Economic Forum (WEF) Engineering and Construction Industry Group, has said.In an article written ahead of the annual Davos summit, Ozdemir stressed that reskilling and…

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Sumadhura Group to invest Rs 6,000 crore on 6 new housing projects in Bengaluru

NEW DELHI: Realty firm Sumadhura Group will invest around Rs 6,000 crore to develop six new housing projects in Bengaluru, as it seeks to expand business amid strong demand, a top company official said.Bengaluru-based Sumadhura Group will launch six housing projects during this quarter.“Housing demand in Bengaluru continues to be strong. We are launching six…

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