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Lenskart Q2 profit: Net rises 20% in first post-IPO quarter; expansion plan targets 450+ new stores

Newly listed eyewear retailer Lenskart reported a strong first quarter as a public company, with operating revenue rising 21% year-on-year to Rs 2,096 crore for July–September. Improved operating leverage also pushed net profit up 20% to Rs 103 crore, while Ebitda climbed 44% to Rs 414 crore from Rs 287 crore a year earlier. India…

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REIT market poised for five-fold expansion: Rs 10.8 trillion growth opportunity in office, retail; top 7 cities to drive growth

India’s Real Estate Investment Trust (REIT) market is set for a significant upturn, with an estimated Rs 10.8 trillion growth opportunity emerging across office and retail segments over the next four years, according to a report by JLL, a real estate and investment management company.“The REIT sector [is] positioned for an additional Rs 10.8 trillion…

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Rich Dad Poor Dad author’s advice to investors: ‘The biggest crash in history starts and the best option is to…’ | Business

Rich Dad Poor Dad author Robert Kiyosaki has reignited debate over his long-running market warnings after posting on X that “the biggest crash in history” has already begun. His message paints a picture of an economy under pressure from rapid technological change and widening global instability. Citing an AI-driven erosion of jobs and deepening stress…

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Residential sector: Tier II cities’ housing sales value rises 4%; strategic pause in launches keeps volumes lower, say analysts

Housing sales across India’s 15 major Tier II cities rose 4 per cent in value to Rs 37,409 crore in the July-September quarter of 2025, even as volumes declined, according to real estate analytics firm PropEquity. Sales fell 4 per cent year-on-year to 39,201 units during the quarter, while new housing supply dropped 10 per…

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Energy push: Oil India Limited begins deep offshore drilling in Kerala-Konkan basin; Hardeep Puri hails ‘inspirational stride’

File photo (Picture credit: PTI) Oil India Limited (OIL) launched a landmark offshore drilling campaign in the Kerala-Konkan basin by spudding its first deepwater well, Union petroleum and natural gas minister Hardeep Puri announced on Saturday.He described the development as an “inspirational stride” in India’s energy journey aligned with Prime Minister Narendra Modi’s vision.The frontier…

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US tariffs bite: India’s engineering exports slump 16.7% in October; Asean, EU and UAE shipments weaken

India’s engineering goods exports fell a steep 16.71 per cent year-on-year in October 2025 to $9.37 billion, primarily due to a sharp drop in shipments to the US and a high base effect, the Engineering Export Promotion Council of India (EEPC) said on Saturday.Exports to key markets recorded widespread declines, with the Asean region seeing…

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Price gap widens: Luxury home prices in India’s top seven cities jump 40%, led by Delhi-NCR’s 72% surge

Luxury home prices in India’s top seven cities appreciated 40% between 2022 and 2025, while affordable homes saw a more modest rise of 26%, according to an ANAROCK Research analysis of average price trends.Delhi and NCR recorded the highest average luxury home price appreciation at 72%, with prices jumping from Rs 13,450 per sq. ft….

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Tesla sparks EV push: Carmaker launches model Y in India; opens experience centers

American electric carmaker Tesla is exploring ways to develop an electric-vehicle ecosystem in India to support long-term growth and enhance the ownership experience. Since beginning deliveries in September, the company has sold 109 vehicles and is now planning to establish home charging units, install superchargers in major cities, and set up chargers at key destinations…

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‘Phenomenally stupid’: Zerodha CEO Kamath sounds alarm on retail investors chasing pre-IPO gains; what he said

Zerodha founder and CEO Nithin Kamath cautioned retail investors against blindly chasing opportunities in India’s unlisted market, which is currently experiencing a surge in speculative activity. In a post on X Friday, Kamath said the ongoing IPO boom has fueled what he described as “phenomenally stupid” behaviour, with buyers eagerly seeking pre-IPO shares in hopes…

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‘Continue to see relentless growth’: Piyush Goyal on India’s GDP after 8.2% Q2 surge; credits reforms and ease-of-business push

File photo: Union commerce and industry minister Piyush Goyal (Picture credit: ANI) Union commerce and industry minister Piyush Goyal on Saturday said India’s stronger-than-expected 8.2% GDP expansion in the July–September quarter reflects the government’s sustained reform drive and measures to make business operations smoother. Speaking during a national padyatra in Gujarat, he said the numbers…

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