Parle Products reported steady growth in revenue in FY25, even as profitability came under pressure, highlighting the intense competition and changing dynamics of India’s biscuit and confectionery market. The unlisted FMCG major recorded an 8.5 per cent rise in operational revenue to Rs 15,568.49 crore in the financial year ended March 31, 2025, according to…
NEW DELHI: Even with external uncertainties lingering, the Indian economy is expected to record healthy growth of seven per cent in the upcoming financial year 2026-27, CareEdge Ratings has asserted.The growth momentum, according to the rating agency, will be supported by factors such as low inflation, lower interest rates, and a lower tax burden.“While India’s…
A new label is doing the rounds in India’s startup circles: BARBIEs, short for Bachelors Abroad Returning to Build in the Indian Ecosystem. A viral post shared by Anshul and Anmol on X put the spotlight on this niche but growing group of Indians who study abroad for their undergraduate degree and then come back…
AI image (Picture credit: Google Gemini) French President Emmanuel Macron will ask the European Union to activate its powerful anti-coercion instrument if the United States goes ahead with imposing tariffs on European countries amid the standoff over Greenland, according to officials and media reports.Macron’s office said on Sunday that the French president would request the…
The IT industry body MAIT has urged the government to reduce basic customs duty on key electronic components and enhance tax incentives in the upcoming Union Budget to strengthen domestic manufacturing and improve global competitiveness.In its pre-Budget recommendations submitted to the finance and IT ministries, the Manufacturers’ Association for Information Technology (MAIT) proposed cutting basic…
UAE raises minimum wages: What are the new Dubai salaries for workers in different sectors? Dubai and the wider United Arab Emirates are advancing a major shift in private-sector compensation norms with a new minimum wage policy for Emirati workers as a part of the broader efforts to strengthen labour standards and boost Emiratisation. Although…
Remember Labubus, the furry dolls with oversized eyes and a mischievous grin that took the internet by storm in 2025? They are back in the headlines, but this time for all the wrong reasons. A labour rights NGO has revealed exploitative practices at one of the factories producing these quirky dolls, part of the popular…
The combined market capitalisation of three of India’s ten most valuable listed companies rose by Rs 75,855.43 crore in the holiday-shortened week, with State Bank of India (SBI) and Infosys leading the gains, even as the broader equity market remained largely flat.During the week, the benchmark indices showed limited movement. The BSE Sensex slipped marginally…
Foreign portfolio investors (FPIs) have pulled out more than Rs 22,530 crore ($2.5 billion) from Indian equities so far this month, continuing a trend of heavy selling that began last year. Back in 2025, FPIs recorded an outflow of Rs 1.66 lakh crore ($18.9 billion), driven by currency volatility, global trade tensions, potential US tariffs,…
Spent a fortune on a coffee machine and those exotic beans to replicate that cappuccino you loved overseas? You are not alone. For many rich Indians, the coffee machine on the kitchen counter is no longer just for making a drink, rather it has become a lifestyle statement, as more people are trying to bring…