MUMBAI India’s home interiors market could double its pace of growth in five years as consumers are increasingly spending on personalised and functional living spaces helped by rising disposable incomes. The market, currently valued at $12.3 billion is projected to reach $24.5 billion by 2030, growing at a compound annual growth rate (CAGR) of about…

NEW DELHI: Air India chief Campbell Wilson has told employees that there is nothing alarming about the go-around and flights returning to the bay in context of the carrier’s “scale and size” and said that the “the incidence rate is entirely normal”.“Over the past few months, our operations have garnered significant attention… Like all airlines,…

NEW DELHI: India Inc revenue will likely grow 6-7 % this fiscal because of the reduction in GST rates, as per Crisil Intelligence’s latest report.However, the anti-profiteering rule in the GST system may prevent companies from seeing a major increase in profit margins, the report added. The rating agency stated that the reductions in the…

NEW DELHI: Finance minister Nirmala Sitharaman has said that the government is keeping a ‘good watch’ on exchange rates, stressing that besides rupee several other currencies have depreciated against the US dollar.“The rupee slide is largely against the dollar, not against any other currencies. That’s also because of the way globally, the dollar has strengthened,”…

MUNICH: German automotive group Volkswagen is looking at India as a potential market for its affordable small electric cars and is working with partners on how to best introduce them in the market, its CEO Oliver Blume said on Sunday. “India is a fantastic market, now the third biggest in the world. We see potential…

MUMBAI: E-commerce majors Amazon and Flipkart have begun updating their internal systems to ensure that scores of sellers registered with their platforms are able to pass on the benefits from GST rate reductions to their customers from Sept 22, the day the new tax slabs take effect. “To ensure seamless compliance, we are proactively updating…

The strengthening economic ties with China, the second-largest world economy, complement other positive factors for India. (AI image) Indian stock markets may see a boost with several positive catalysts fuelling bullish sentiment. Prime Minister Narendra Modi’s meeting with Chinese President Xi Jinping, alongside recent GST rate cuts, have generated positive sentiment regarding the potential for…

[post_title] [post_content length=’200′ paragraph=’true’] India’s diaspora also plays a major role in the economy. (AI image) India’s diaspora population has expanded to 3.43 crore, making it the largest in the world, according to a government reply in Lok Sabha quoted in an ET report. It is evenly split between Persons of Indian Origin (PIOs) and…

Bessent made these observations shortly after Russia conducted its most extensive aerial assault since the war began. US Treasury Secretary Scott Bessent has called on the European Union to join America in adding pressure on Russia, and indicating possibility of more tariffs on countries buying Russian crude oil. The Donald Trump administration has already imposed…

GST levy and hike in platform fees is set to make food delivery more expensive in the coming days. Zomato, Swiggy and magicpin have recently raised their platform fees, just ahead of the festive season.Add to that: the cost of ordering food online is likely to rise further after the 18% GST on delivery charges,…