After years of slow sales, the global luxury goods industry is projected to see a significant recovery by 2027, with major brands expecting a 7% revenue increase. A new report by Goldman Sachs highlights the United States as a key driver of this resurgence. The luxury sector has faced numerous challenges, including China’s property market … Read more
India’s private capital expenditure (capex) pipeline has seen a remarkable fourfold increase since 2014, reaching nearly Rs 99.7 lakh crore by September 2026. This significant growth, a 39% jump year-on-year, signals robust industrial activity and future economic expansion. However, a recent report by Union Bank of India highlights growing concerns for lenders. The report points … Read more
India’s industrial production growth is projected to ease to 6% in September, a noticeable dip from August’s 8%, according to a Union Bank of India research report. This comes ahead of the government’s official Index of Industrial Production (IIP) data release on October 28. The report highlights a significant slowdown in capital goods output, expected … Read more
Prime Minister Narendra Modi inaugurated an Arvind Limited textile plant in Varanasi. The Rs 150 crore facility aims to boost regional employment and garment manufacturing for top brands, marking a significant development for the Purvanchal region. Prime Minister Modi Inaugurates Arvind Limited Textile Plant Varanasi (Uttar Pradesh) [India], October 25 (ANI): Prime Minister Narendra Modi … Read more
Gujarat CM Bhupendra Patel flagged off a 550-member motorcycle rally against drug abuse in Gandhinagar, heading towards the Statue of Unity for the upcoming National Unity Day parade on October 31. National Motorcycle Rally Against Drug Abuse Flagged Off Gujarat Chief Minister Bhupendra Patel on Sunday flagged off a National Motorcycle Rally against drug abuse … Read more
Musk said in a post on X that Starlink remains critical to Ukraine’s defense, while Ukrainian President Volodymyr Zelenskyy said Sunday that Starlink and Starshield operations had returned to their previous speeds. Musk said Starlink was never intended to be used for offensive operations involving attacks on people. He also distinguished Starlink from Starshield, saying … Read more
The Taekwondo Premier League returns for Season 2 with a new team-based format. Eight teams will compete in 31 matches held in Hyderabad from December 4-6, aiming to boost the sport’s pace and competitive visibility across India. Taekwondo Premier League Season 2 Launch New Delhi [India], October 25 (ANI): The Taekwondo Premier League (TPL) launched … Read more
Mumbai: has said it is still evaluating the Supreme Court’s judgment concerning its Additional Tier-1 (AT-1) bonds and will decide on coupon payments after completing its assessment. In a regulatory filing dated October 24, 2026, the private sector lender said it continues to examine available options and possible actions following the court’s judgment. Bank Retains … Read more
New Delhi: witnessed a combined erosion of Rs 1.55 lakh crore in market capitalisation last week, as weak stock market sentiment dragged down major stocks. HDFC Bank and Bajaj Finance suffered the biggest losses, while Tata Consultancy Services (TCS) and Larsen & Toubro (L&T) managed to register gains. Sensex, Nifty Fall Sharply The Indian stock … Read more
New Delhi: next week, aiming to raise nearly Rs 2,600 crore. The upcoming issues include EAAA India Alternatives, SFC Environmental Technologies, M K Sons Fine Jewels, BLS Polymers and Bombay Coated and Special Steels. The IPOs will open between October 26 and October 29, offering investors opportunities across alternative investments, wastewater treatment, jewellery, polymers and … Read more