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Business

Exploring the Divide: Urban India's Shift to Unbranded vs Rural's Loyalty to Legacy FMCG Brands

Urban India is shifting towards unbranded and new-age brands, while rural areas remain loyal to legacy FMCG brands. This divide reflects differing consumer preferences and the impa...

Business

How India's UPI Payment Revolution Is Dramatically Reducing Cash Dependency, According to IMF

The IMF reports that India's UPI payment system has significantly reduced cash usage, processing over 18 billion transactions monthly and becoming a global leader in faster payment...

Business

Tesla Makes Grand Entrance in India: First Showroom Opens Next Week in Mumbai

Tesla is opening its first showroom in India next week, starting deliveries in late August. This marks Tesla's formal entry into the Indian market, offering the Model Y SUV amidst ...

Business

Breaking: US-India Trade Deal Could Slash Tariffs Below 20%, Elevating India's Global Trade Position

The US and India are nearing an interim trade agreement that could reduce tariffs below 20%, favoring India over other countries. This deal allows ongoing negotiations, with India ...

Business

Historic Trade Milestone: Switzerland's Ratification of India-EFTA Pact to Unleash $100 Billion and a Million Jobs

Switzerland ratifies the India-EFTA Trade and Economic Partnership Agreement, expected to bring $100 billion in investments and create 10 lakh jobs in India. The pact enhances trad...

Business

India's Direct Tax Collections See a Dip: A 1.34% Fall to Rs 5.63 Lakh Crore Amid Refund Surge, Yet Gross Receipts Climb 3.17%

India's net direct tax collections fell by 1.34% to Rs 5.63 lakh crore due to a surge in refunds, while gross receipts rose by 3.17%. Corporate tax collections declined, but non-co...

Business

Kraft Heinz Eyes $20 Billion Spin-Off: A Strategic Move to Unlock Hidden Value?

Kraft Heinz is considering a $20 billion spin-off of part of its grocery business to focus on core products like Heinz ketchup, aiming to increase overall market value. The decisio...

Business

Tesla Accelerates into India: Model Y Set to Electrify Mumbai Roads from July 15

Tesla is set to launch its Model Y in India from July 15, starting with a showroom in Mumbai's BKC, after receiving the necessary approvals from the Maharashtra RTO. This marks Tes...