Business

NEW DELHI: Prime Minister Narendra Modi will inaugurate Phase 1 of the Navi Mumbai International Airport (NMIA) on Wednesday, a landmark step in India’s civil aviation journey. The project marks a major milestone in Mumbai’s emergence as a global multi-airport city and is set to aid in easing congestion, boost passenger capacity, and introduce sustainable…

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,…

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…

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,…

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,…

NEW DELHI: Auto retails surged by a strong 34% to a record 11.6 lakh units in the auspicious Navratri period as GST cuts – that came into effect from September 22 – as well as start of the festive season in north boosted demand. The same was 8.6 lakh units in the nine-day Navratri period…

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,…

Tata Group top leadership met Shah and Sitharaman on Tuesday to address ongoing disputes. Infighting in the Tata Group has prompted the government to step in, with top leaders of the group, including Tata Trusts Chairman Noel Tata and Tata Sons Chairman N Chandrasekaran, meeting Union Home Minister Amit Shah and Finance Minister Nirmala Sitharaman.The…

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…