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MUMBAI: Indians use cash and UPI when shopping for daily needs and essentials online but prefer credit cards when it comes to high-value purchases-say for buying products such as smartphones or furniture, a joint report published by Kearney and Amazon Pay on Tuesday showed. Not to say that UPI is not used at all while…
MUMBAI: Key Tata Group leaders, including Tata Trusts chairman Noel Tata and Tata Sons chairman N Chandrasekaran, met top ministers in Delhi on Tuesday amid media reports of disagreements over governance, transparency, and the pressing issue of a potential listing by Tata Sons among two factions of Tata Trusts trustees.What transpired during the discussions was…
BENGALURU: Indian travellers are redefining the festive season, with solo trips and millennials leading the way. Visa platform Atlys said it processed around 15,000 visa applications for the travels in the month of October 2025, with 71.5% meant for solo travellers, signalling a shift from India’s family-centric holiday traditions. Millennials made up 53.5% of applicants,…
AI image used for representative purposes Gold futures have exceeded $4,000 per troy ounce in an unprecedented surge, as investors seek secure financial holdings amid the ongoing US government shutdown.Gold futures in New York surpassed $4,000 on Tuesday morning, establishing a new record, as reported by Associated Press. The New York spot gold had previously…
India and Brazil engaged in talks regarding the expansion of a preferential trade agreement, addressing market accessibility and potential collaboration in pharmaceutical and banking domains, according to an official statement, released on Tuesday, quoted by PTI.The India-Brazil Trade Monitoring Mechanism (TMM) meeting, held locally, facilitated these discussions. The agenda encompassed bilateral trade and investment relationships,…
Data from the World Gold Council revealed that global central banks made net additions of 15 tonnes to their gold reserves in August. (AI image) Gold prices are hitting new lifetime highs every week, but the rally is not deterring central banks around the world from stacking up gold to diversify foreign exchange reserves away…
India is projected to witness a 9 per cent salary increase in 2026, reflecting sustained economic resilience driven by stable consumption, investments, and supportive policy measures, according to Aon’s Annual Salary Increase and Turnover Survey 2025–26 India, released on Tuesday.The anticipated rise marks a marginal uptick from the 8.9 per cent hike recorded in 2025,…
Nithin Kamath (File photo) Nithin Kamath, co-founder and CEO of Zerodha, talked about the persisting the gap between Indian households’ gold wealth and the equity funding needs of Indian businesses. According to World Gold Council data, Indian households hold gold worth approximately $3 trillion, much of which remains idle in storage, offering minimal contribution to…
Stock markets in the US displayed minimal movement near their peak levels during the early trading session on Wall Street on Tuesday. The S&P 500 edged up 0.1%, following its recent record high and seven consecutive days of gains. The Dow Jones Industrial Average advanced 90 points, while the Nasdaq composite increased by 0.1%. Overseas…
Institutional investments in India’s office real estate demonstrated strong recovery in 2025, indicating restored confidence despite complex global economic conditions. Office asset investments increased by 27% year-on-year in Q3, reaching $0.8 billion and representing over 60% of quarterly inflows, as reported by Colliers India.This recovery contributed significantly to total institutional real estate investments in India,…
