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…
The United States is hoping to finalise its rare earths agreement with China by Thanksgiving, US Treasury Secretary Scott Bessent said on Sunday, signalling momentum in the negotiations launched after Presidents Donald Trump and Xi Jinping met in South Korea last month, AFP reported.The tentative deal reached in late October includes a one-year suspension of…
NEW DELHI: Karnataka deputy chief minister DK Shivakumar on Sunday asserted there is “no need” for him to step down as the state Congress president, stressing that his health is “good” and that he has several responsibilities to discharge as Karnataka Pradesh Congress Committee (KPCC) chief. “I have worked to build the party day in…
Food inflation is expected to remain under control in the second half of FY26, supported by better monsoon rains and improved sowing conditions. However, ICICI Bank’s Global Markets sectoral update has warned that an “adverse base” could push food inflation higher in FY27. A base effect means inflation can look unusually high or low depending…
WASHINGTON/NEW DELHI: Indian spice merchants and tea growers will be among global exporters who will breathe easy along with American consumers after US president Donald Trump, feeling the heat of rising domestic prices due to tariffs, moved to lower import duties on nearly 200 food, farm, and agricultural items. Tucked deep in the list is…
Glassnode data shows that bitcoin’s “death cross,” a technical analysis term that may indicate a bearish signal, is imminent, but with a catch. The 50-day moving average for bitcoin at $110,669 is now on the verge of slipping below the 200-day moving average at $110,459, potentially triggering the death cross. This crossover is widely viewed…
Chinese-owned automakers are emerging as major players in India’s electric passenger vehicle segment, challenging long-time leaders Tata Motors and Mahindra & Mahindra. In under two years, brands such as BYD, MG Motor and Volvo — all backed by Chinese companies — have overtaken several Korean and German rivals and now account for nearly a third…
NEW DELHI: The national capital shivered through its coldest November night in three years on Sunday, with temperatures dipping to 9°C — 4.5 degrees below the seasonal average according to the India Meteorological Department. Not since 29 November 2022, when the city recorded 7.3°C, has November felt this cold. In the past two years, the…
Nearly 90% of Indian organisations are preparing to hire specialised professionals over the next year to strengthen digital identity management, infrastructure and cyber security frameworks, according to a Rubrik Zero Labs report released on Sunday.The study says the rapid adoption of artificial intelligence is driving a surge in AI agents, leading to a sharp rise…
Today in crypto, Solari Capital, led by AJ Scaramucci, has put more than $100 million into American Bitcoin, a crypto executive weighs in on investor outlook beyond Bitcoin and Ethereum. Meanwhile, Steak ‘n Shake announces expansion into El Salvador. Scaramucci family invested over $100M in Trump’s Bitcoin mining firm: Report The Scaramucci family has invested…
