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India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational…
French department store Galeries Lafayette has officially entered India with a large five-floor store opened in Mumbai, hoping to tap into the country’s massive consumer base—but the road ahead is far from simple.Backed locally by the fashion division of the Aditya Birla Group, the retailer’s debut marks another attempt by global luxury brands to establish…
Toy exporters, who began the financial year with strong dispatches due to early festive shipments and advance buying from US customers, are now having to cut prices and change packaging to cope with the slowdown. The slump comes after American buyers shifted to other sourcing markets following the United States’ decision to impose a 50%…
India’s fast-growing Global Capability Centre (GCC) ecosystem — which already employs 1.9 million professionals — is set to create an additional 2.8 to 4 million jobs by FY30, according to a new report by TeamLease. But as expansion accelerates, the study warns, operators will face an increasingly complex regulatory and compliance environment, PTI reported.The report,…
India’s electronics sector could face a setback as trade tensions between US and China have eased after the Busan meeting between the presidents of two nations ended with ‘great success’.The electronics sector has raised alarm over potential threats to its global competitiveness after the tariffs on Chinese goods were reduced. The industry has urged the…
NEW DELHI: The Army on Sunday said it successfully carried out Exercise Brahma Shira in the Rann and Creek Sector as part of the ongoing Tri-Services Exercise Trishul.In a post on X, the Army’s Additional Directorate General of Public Information (ADG PI) said the exercise brought together the Army, Navy, Air Force, Indian Coast Guard,…
Representative image (Picture credit: ANI) Pakistan’s manufacturing industry, once considered a key driver of economic growth and employment, is undergoing one of its worst downturns in recent history. The sector has seen a steep 46 per cent fall in private investment over the past six years, raising fears of long-term stagnation among economists and industrial…
File photo (Picture credit: ANI) India’s services sector saw its slowest pace of growth in five months during October, as competitive market pressures and heavy rainfall in some regions weighed on business activity.According to the monthly HSBC India Services PMI Business Activity Index, compiled by S&P Global, the seasonally adjusted reading fell to 58.9 in…
A beheaded body of woman was found floating in a drain near sector 82 cut on Thursday afternoon. NOIDA: A woman’s headless body, with hands also severed was found floating in a drain near Sector 82 on Thursday afternoon. According to police, a sweeper noticed the body around 12 pm while cleaning the road and…
MUMBAI: The microfinance industry continued to shrink in the second quarter of FY26 even as asset quality improved. As of Sept 2025, the gross loan portfolio stood at Rs 34.56 lakh crore, a decline of 3.8% quarter-on-quarter and 16.5% year-on-year. The moderation reflected the sector’s ongoing shift to risk-based lending and tighter portfolio controls following…
