What began as a platform for last-minute grocery runs is rapidly turning into a serious marketplace for beauty. On quick commerce apps, a bottle of anti-ageing serum now reaches consumers faster than many products can promise visible results, marking a clear shift in how beauty and personal care (BPC) products are being bought in India.The…
Union Cabinet’s approval of a Rs 7,280 crore rare earth permanent magnet (REPM) scheme has been welcomed by industry executives as a major boost to India’s EV and electronics supply chains. The programme aims to create 6,000 metric tonnes per annum of integrated REPM capacity through five globally bid projects, supported by sales-linked incentives and…
XRP sank nearly 4% as bitcoin dropped under the $88,000 mark on Sunday, ahead of a busy week with the Federal Reserve’s two-day FOMC meeting starting on Wednesday and major technology players announcing earnings. News background The consolidation came as spot XRP ETFs recorded their first meaningful weekly outflows since launch, totaling roughly $40.6 million,…
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NEW DELHI: With nearly 40% of India’s LNG flow hit due to the West Asia conflict, govt is working on an “optimisation plan” for industries, including priority segments such as fertiliser. Those familiar with the discussions said the petroleum ministry could work out the arrangement as early as Tuesday, with a reduction in supply to…
Benchmark equity indices rebounded on Friday after the previous session’s sharp sell-off, with the Sensex rising 316 points and the Nifty ending above the 25,550 level, supported by buying in banking and metal stocks.The 30-share BSE Sensex climbed 316.57 points, or 0.38 per cent, to settle at 82,814.71. During the day, the benchmark gained 633.94…
Bloomberg Intelligence macro strategist Mike McGlone said Monday that collapsing crypto prices may signal broader financial stress, warning bitcoin could revert toward $10,000 and potentially foreshadow the next U.S. recession. In a post on X, McGlone also said the long-standing “buy the dip” mentality that has supported risk assets since 2008 could be breaking down…
Mutual fund investments can be made in the name of a minor (below 18 years) across all categories — equity, debt, hybrid, gold/silver and international funds — but they come with specific operational, documentation and tax rules that parents must understand before investing. Here is a clear question-and-answer explainer, as reported ET, covering how it…
Signalling a more transactional and interest-driven focus in its ties with India, the US has said that its objective is to work with India to ensure peace and stability in the Indo-Pacific that is not founded in naivete or “gauzy abstractions” like the rules-based international order, but in strength, reason, and hard-nosed collaboration. As he…
NEW DELHI: Prime Minister Narendra Modi on Wednesday urged citizens not to panic over rumours of an LPG shortage amid tensions in the Middle East, saying India would overcome the situation just as it did during the Covid-19 pandemic. He also launched a sharp attack on the ruling DMK, accusing the party of corruption and…
