Most firms anticipate high demand for ACs, refrigerators, coolers and fans, and are running at full production capacity to ensure they have enough inventory to meet demand. With the early arrival of summer, consumer durable companies expect double-digit growth in 2023 with most anticipating high demand for their summer products […]

Sounding a note of caution, former Reserve Bank Governor Raghuram Rajan has said that India is “dangerously close” to the Hindu rate of growth in view of subdued private sector investment, high interest rates and slowing global growth. Rajan said that sequential slowdown in the quarterly growth, as revealed by […]

R.L. Stine is revising his popular Goosebumps books series and making edits to the published work with a more inclusive language. The move from Scholastic comes after Penguin hired sensitivity readers to edit Roald Dahl’s books from language deemed inappropriate in today’s world. However, there was so much backlash over […]

Those who choose to spend a career in military service must first have a willingness to fight, and even die, for the sake of the United States. And from basic training to the infamously brutal selection process of elite fighter schools, the training the nation’s 1.2 million active-duty servicemembers receive […]

‘Domestic will remain very much the core of what IndiGo is.’‘But the emphasis in our next growth phase is going to be on the international side.’ IndiGo is mapping out plans for expansion and investment in digital areas. The airline’s chief executive officer, Pieter Elbers, shared his vision in a […]

‘The focus on easier access and faster delivery is creating a new consumption pattern that allows consumers to satisfy their last-minute cravings and restock essentials at the click of a button.’ Once thought of as a passing fad, quick commerce might have just turned the corner to become a revenue […]

Murthy’s comment targeting the VCs come at a time when the Indian startups ecosystem is facing a funding winter and has propelled companies to focus on profitability rather than only look at growth. Shivani Shinde reports. N R Narayana Murthy, co-founder of Infosys, blamed the venture capitalist community for inculcating […]

The National Company Law Tribunal’s (NCLT’s) declaration that Zee Entertainment is bankrupt adds a new measure of uncertainty to the proposed merger with Sony. Three entities — Aditya Birla Finance, IndusInd Bank and YES Bank — have filed appeals in the NCLT for recoveries of Rs 130 crore, Rs 90 […]

At current prices, the growth in the third quarter of this financial year is projected at 8.6 per cent, which is almost at the same level in the corresponding quarter of FY22. Sanjeeb Mukherjee reports. The Gross Value Added (GVA) in agriculture and allied activities is projected to clock its […]

For the fourth quarter, the U.S. GDP Price Index increased by 2.7 percent, compared to the previously reported 2.9 percent. The Labor Department’s U.S. Jobless claims were at 192,000, down from previously expected levels of 195,000. The U.S. dollar strengthened against its major counterparts in the European session. The Federal […]