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Posted in Economy

India may give a $1 billion relief to footwear industry to cushion against 50% Trump tariffs: Report

The Centre is preparing a $1 billion package to boost India’s footwear manufacturing, as the sector reels under the impact of the 50% US tariff…

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Posted in Economy

Trump effect: Cotton fabrics exports drop 30%

Cotton textile product exports from India headed southwards since the US announced tariffs in August 2025. Shipments dropped nearly 30% after the levy reached 50%…

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IKEA's India sales rose 6% to  ₹1,861 crore in the year ended August 2025, and IKEA India CEO Patrik Antoni says he plans to quadruple it, including by expanding store count to 30. (Reuters)
Posted in Business

IKEA plans to double India investment to $2.2 billion over next five years| Business News

IKEA will more than double its investment in India to more than ₹20,000 crore in the next five years to open more stores and increase…

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At the upper price band of  ₹124 per share, Shadowfax commands a valuation of approximately  ₹7,169 crore. (Handout)
Posted in Business

The ‘Uber of Logistics’ hits the markets today — All the details| Business News

The initial public offering of Shadowfax Technologies Ltd., a Bengaluru-based third-party logistics player, opens for subscription today. At the upper price band of ₹124 per…

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Ola Electric has been grappling with declining sales and eroding market share, so much so that the company has cut its revenue forecast for FY26. (Reuters)
Posted in Business

Ola Electric brings in new CFO as Harish Abichandani exits abruptly| Business News

Ola Electric Mobility Ltd. has appointed Deepak Rastogi as its new chief financial officer, replacing Harish Abichandani who has resigned abruptly. The change is effective…

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A multi-year health insurance plan allows an individual to pay the policy premium for multiple years at one go. (Unsplash)
Posted in Business

Should you go for a multi-year health insurance plan instead of an annual plan?| Business News

Most individuals are used to renewing their health insurance plan, whether it is an individual or family floater plan, on an annual basis. If, for…

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An employee counts 500 rupee banknotes at a currency exchange in New Delhi, India. (Bloomberg)
Posted in Business

Planning to invest in bonds? Five things you must check| Business News

In 2025, most banks reduced the interest rates on their fixed deposits by 100 to 150 basis points. At the peak of the current interest…

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Goldman Sachs had estimated the inclusion of India government bonds into the Bloomberg Global Bond Index could bring $10 to $20 billion of inflows into the Indian debt market. (AFP)
Posted in Business

How to categorise bonds based on various parameters| Business News

The size of the Indian bond market is huge, running into a few trillion dollars. Within this huge market, the government, corporates, and other entities…

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The National Pension System is a good retirement product that has become better over the years. (Unsplash)
Posted in Business

How have the latest liquidity measures have made NPS more subscriber-friendly?| Business News

The National Pension System is a good retirement product that has become better over the years. However, some people still refrained from investing due to…

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Elon Musk conducted a similar poll before he purchased X (formerly Twitter). (REUTERS)
Posted in Business

Elon Musk vs Ryanair controversy: Billionaire conducts poll, asks X if he should buy airline

Elon Musk has sparked fresh social media chatter after publishing a poll asking X users whether he should buy Ryanair, a move that reminded many…

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