Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
IKEA will more than double its investment in India to more than ₹20,000 crore in the next five years to open more stores and increase sourcing locally. IKEA’s India sales rose 6% to ₹1,861 crore in the year ended August 2025, and IKEA India CEO Patrik Antoni says he plans to quadruple it, including by […]
India will need “at least eight to 10” large banks to support economic growth as consolidation gathers pace across the sector, Axis Bank Chief Executive Officer Amitabh Chaudhry said. Amitabh Chaudhry, chief executive officer of Axis Bank. (Bloomberg) “It’s a play across the entire product suite” and “right now we don’t have that” in the […]
NEW DELHI: The Enforcement Directorate (ED) has attached assets worth over ₹86 crore including two apartments in Gurugram’s luxurious residential projects – The Camellias and The Magnolias – in its money laundering probe against the Gensol Group, which was promoted by brothers Anmol Singh Jaggi and Puneet Singh Jaggi, the agency said in two statements on Monday. […]
Silver prices in India surged sharply on Monday, breaching the ₹3 lakh per kilogram mark in futures trade for the first time, buoyed by strong global cues, robust investor demand and a weaker US dollar. On the Multi Commodity Exchange (MCX), silver futures for March delivery jumped ₹13,553. (Representational image) On the Multi Commodity Exchange […]
Over decades, foreign investors have poured $180 billion into India via the tax haven of Mauritius. Now, an Indian court ruling is spooking investors as it could potentially reshape the M&A and investment landscape by strengthening New Delhi’s hand against tax evasion. India ended the tax-free system under the India-Mauritius treaty in 2017, but Tiger […]
New Delhi : India’s unemployment rate was 4.8% in December, according to the monthly Periodic Labour Force Survey (PLFS) data released by the National Statistics Office (NSO) on Thursday, almost the same as the 4.7% reading in November and the second lowest in the nine months beginning April 2025. Labour Force Participation Rate (LFPR) is […]
Anthropic PBC has appointed former Microsoft Corp. executive Irina Ghose as managing director of India operations, a strategic move to solidify its foothold in its second-largest market globally as the AI startup prepares to open its first local office. Irina Ghose, previously Microsoft India MD, brings to Anthropic AI more than three decades of experience […]
Tesla is struggling to offload about a third of the initial electric cars it imported to India last year, as some prospective buyers who made early bookings have backed out, according to people familiar with the matter. Cars on display at Tesla’s facility in Gurugram, India. (Parveen Kumar/HT) Sluggish demand has left roughly 100 vehicles […]
NEW DELHI: India’s trade with Iran is minuscule and primarily involves supplies of food and pharmaceuticals essential for inflation-ravaged Iranian citizens, people aware of the matter said, adding that any implication of new American tariffs for those who export to Iran will depend on the specifics of Washington’s decisions. A freight train carrying cargo containers rides along […]
NEW DELHI: India’s benchmark inflation rate stayed on the lower side of RBI’s target band of 4% plus or minus 2% for the fourth consecutive month in December 2025. The 1.3% retail inflation value, as measured by the annual growth in Consumer Price Index (CPI), is mostly a result of easing but persisting deflation in food prices, […]
