Latest News, Updates & Breaking Headlines
India’s peak power demand during Diwali this year fell slightly compared to last year, breaking the usual trend of higher electricity consumption during the festival of lights.Government data showed that the highest power supply met on Monday reached 180.14 GW, down from 182.87 GW on October 31, 2024.Typically, electricity demand spikes during Diwali as domestic…
India’s online shopping patterns are gradually becoming less dependent on the festive season, though mobiles and electronics continue to drive the September-October sales surge, according to a report by consulting firm Redseer. As per news agency PTI, the study notes that while the overall online retail sector is moving towards a more balanced, year-round demand…
MUMBAI: A study of the surge in fundraising by Indian SMEs through IPOs in FY24 and FY25 published by RBI has found that the reputation of the lead merchant banker is the single biggest factor determining success.According to the report, investor demand is shaped less by the issuing company’s fundamentals than by the intermediary’s credibility…
Apple is about to touch $4 trillion market valuation as the tech giant’s shares soared to lifetime highs on Monday. This lift came on the back of early sales of its new iPhone 17 series, which exceeded expectations in major markets.According to research firm Counterpoint, the latest iPhone 17 outsold the iPhone 16 series by…
BHOPAL: A 21-year-old newlywed woman died after consuming acid in Gwalior district of Madhya Pradesh, allegedly unable to bear the daily harassment by her in-laws who demanded a ‘Murrah’ buffalo as dowry. Police have registered a case against her husband and four family members for dowry harassment and abetment to suicide.Vimlesh Baghel got married to…
India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early…
India’s luxury watch market is set for sustained expansion, with annual growth projected at around 11–12 per cent, driven by the rapid rise in the country’s affluent base and growing wealth among high-net-worth individuals (HNIs), according to a report by SOIC Research.As per news agency ANI, the report stated that India is emerging as one…
Copper demand in the United States and India is set to outpace China over the next ten years, even as growth slows in the world’s biggest consumer of the metal. While China will continue to lead the market, analysts say that other regions and factors are likely to play a bigger role in shaping global…
The recent rationalisation of Goods and Services Tax (GST) is expected to lift revenue growth in India’s organised apparel retail sector by about 200 basis points this fiscal, keeping it steady at 13-14 per cent for the second consecutive year, according to Crisil Ratings. The assessment is based on an analysis of nearly 40 organised…
The Chinese economy dipped to its weakest pace in the year to less than 5%, dragged down by sluggish domestic demand and tensions with the US.According to figures released by the National Bureau of Statistics on Monday, the economy grew 4.8% from July to September, marking the slowest period since the third quarter of 2024….
