Business

The launch of Parisian luxury department store Galeries Lafayette earlier this month in Mumbai pits it against Reliance Industries‘ Jio World Plaza, a mall which houses boutiques of more than a dozen luxe brands like Gucci and Dior, taking competition between the two corporate biggies notches higher.Galeries Lafayette operates in India in partnership with the…

NEW DELHI: Air India passengers will feel the “most significant change from experience perspective” in 2026, when the Maharaja enters his fifth year of return to founder Tata Group. Global supply chain issues have meant the airline continues to wait longer than originally expected for the planes ordered by it and also for revamping of…

With both sides looking to steady an increasingly unstable world order, India and the European Union are preparing to close a free trade agreement, a defence framework pact and a new strategic agenda when their summit convenes in New Delhi on January 27. Senior diplomatic sources told news agency PTI that the trade pact is…

The Trump-associated memecoin has seen a huge 25% decline since August. (AI image) The recent crash in the cryptocurrency market has cost US President Donald Trump and his family several millions of dollars. During Donald Trump’s second presidential term, digital assets have significantly altered his family’s wealth and portfolio. But the perils and instability associated…

After a lacklustre 2024, Reliance Industries is staging one of its sharpest rebounds since the Covid year of 2020, with a broad set of triggers across energy, telecom and retail fueling a powerful rerating. The Nifty heavyweight has jumped more than 26% in 2025, adding Rs 4.4 lakh crore to its valuation and pushing its…

The new codes aim to increase women’s employment opportunities, ensure worker safety, extend social security benefits to gig workers. (AI image) New labour codes 2025: The government has introduced what experts are calling a significant reform in labour laws by implementing four comprehensive labour codes from November 21, 2025. The new labour codes impact both…

Amazon on Monday announced a $50-billion investment to expand artificial intelligence and supercomputing capacity for the US government, positioning itself as a central player in developing customised AI technology for federal missions.In a statement, the company said the initiative will give US agencies access to advanced machine-learning services, AI chips and software-development tools supporting areas…

NEW DELHI: Govt is set to introduce major changes in the Model Concession Agreement (MCA) to de-risk private investments and safeguard lenders’ exposure in highway sector.The revised provisions, to be notified within a fortnight, include revenue support and extension of tolling periods in cases where actual traffic falls below projections, buyback of projects where traffic…

Indian investors saw their portfolios shrink in the July-September quarter. A market downturn impacted most major investors, leading to substantial mark-to-market losses. Nemish Shah emerged as a notable gainer, increasing his portfolio value significantly. Other investors like Vijay Kedia and Madhusudan Kela reported modest gains. The late Rakesh Jhunjhunwala’s family holdings also saw a decline….

Fiscal, monetary and regulatory measures are expected to pave the way for a “virtuous cycle” of higher private investment-led growth, even as global trade uncertainties and external sector headwinds persist, the Reserve Bank of India (RBI) said in its November Bulletin released on Monday.An article on State of the Economy in the Bulletin noted that…