Titan’s online jewellery arm, CaratLane, is eyeing a West Asian debut through its recent acquisition, Damas Jewellery. While recent regional conflicts have temporarily halted expansion plans, CaratLane sees Damas’ extensive store network as a strategic entry point. This move could see CaratLane counters integrated within Damas’ over 140 outlets across six GCC nations, offering a
Urban Indians significantly boost their spending on Saturdays and Sundays, with a 1.6 times higher expenditure compared to weekdays. Fashion, entertainment, electronics, and dining see a marked increase as people enjoy leisure time. This trend is particularly strong in major metros and among higher-income groups, indicating a shift towards aspirational consumption.
Indian stock markets are poised for a week driven by crude oil prices, global cues, and the commencement of the corporate earnings season, with TCS set to announce its June-quarter results. Investors will also be watching the monsoon’s progress and foreign investor activity. Key economic data from the US, including Federal Reserve minutes, will provide
Life insurance policyholders are increasingly cashing out early, with surrenders now surpassing maturity payouts, according to the RBI’s Financial Stability Report. This trend, particularly driven by private insurers, signals potential policyholder dissatisfaction and mis-selling concerns. Soaring distribution costs are further exacerbating the risk of agents pushing unsuitable products to meet acquisition targets. Regulators are now
Authorities have busted a mobile sex determination racket operating from a car in Ghaziabad. A four-member gang used a portable ultrasound machine inside an Ertiga, changing locations to avoid detection. Police apprehended the suspects, seizing the equipment and cash. The accused allegedly charged between Rs 5,000 and Rs 10,000 per test, with one member having
Household goods demand held steady in Q1 despite price hikes, as companies navigated inflation. However, concerns linger over El Nino’s potential impact on monsoon rains and rural consumption. While price increases helped offset rising costs, the sector faces a potential challenge from weather volatility affecting agricultural output and demand. Firms are closely monitoring these developments.
Erling Haaland’s sensational second-half brace propelled Norway to a historic 2-1 World Cup quarterfinal victory over Brazil. Despite facing immense pressure, Haaland delivered two crucial goals, while goalkeeper Orjan Nyland’s heroics, including a penalty save, secured the monumental win. Brazil’s exit marks a significant upset, ending their quarterfinal streak and continuing a poor run against
Meghalaya village protests India-Bangladesh border fence alignment, fears isolation Telegraph India
Indonesia is set to integrate with India’s UPI, aiming to build its own digital ecosystem inspired by India’s public infrastructure. This collaboration extends beyond cross-border payments, with Indonesia looking to India’s models for commerce, digital identity, and public services. The partnership, highlighted during PM Modi’s visit, also encompasses food security, healthcare, and defence cooperation, fostering
India’s fertilizer stocks are set to receive a significant boost as 15 out of 20 ships carrying vital cargo have successfully navigated the Strait of Hormuz. This, coupled with three months of exceeding domestic urea production targets, ensures ample supply for farmers during the crucial kharif season. The government’s proactive approach in securing alternative routes
