File photo: The TVS Motor logo on a motorbike inside a TVS Motor repair shop, in New Delhi TVS Motor Company expects two-wheeler industry growth to moderate to single digits in the Oct-Dec quarter after a strong first half, as a high base and rising material costs temper the outlook. The company has implemented small…
File photo: Sanjeev Bikhchandani, founder, Info Edge BENGALURU: Info Edge founder Sanjeev Bikhchandani is set to return to an expanded executive leadership role, taking over as managing director and group CEO from Hitesh Oberoi, who is stepping down after nearly 27 years with the company, including more than 16 years as its MD and CEO.The…
File photo: Jio Platforms Managing Director Akash Ambani, Jio Platforms Limited Non-Executive Directors Nita Ambani, Mukesh Ambani, Anant Ambani and Isha Ambani during the bell-ringing ceremony on the day of the listing of company during its IPO, at the National Stock Exchange (NSE) in Mumbai. MUMBAI: Jio Platforms, the telecoms-to-technology arm of the RIL group,…
US Fed holds interest rates at 3.75%-4% as inflation persists, signals scope for further hikes The US Federal Reserve held interest rates unchanged at 3.75%-4% in a 10-2 vote, as policymakers weighed persistent inflation against a resilient economy and waited for further data before deciding their next move. The decision came ahead of next week’s…
Festivals come around at the same time every year, yet festive expenses are often managed at the last minute. (Image for representative purpose only) By Adhil ShettyEvery festive season, Indian households spend with a sense of optimism. Dussehra, Dhanteras and Diwali bring celebrations, family gatherings and, for many, the biggest purchases of the year. Spending…
First-time buyers from Tier 2 and Tier 3 cities grew 351% between FY22 and FY26, outpacing overall growth in each of the four years. Their share of new buyers rose to 67% in FY26 from 56% in FY22. MUMBAI: First-time health insurance buyers on Policybazaar increased 277% to nearly 18 lakhs between FY22 and FY26,…
File photo: Reserve Bank of India MUMBAI: India would already have been an 8% growth economy if it had not been grappling with an exceptionally difficult global environment, Reserve Bank of India (RBI) deputy governor Poonam Gupta said, arguing that improvements in digital infrastructure, public services, manufacturing and governance have strengthened the economy’s capacity to…
Benchmark stock index Sensex fell by 352 points and Nifty closed below 22,700, dragged down by selling in IT shares and blue-chip Reliance Industries amid rising crude oil prices and caution ahead of the US Federal Reserve’s policy decision. The 30-share BSE Sensex opened lower and tanked 995 points to the day’s low of 72,603.57…
NEW DELHI: Following up on GST Council decisions, Central Board of Indirect Taxes and Customs has issued over half a dozen detailed circulars on steps to reduce litigation and appeals, issuing show cause notices to taxpayers and speeding up registrations and changes that businesses need to make. In addition, it has sought to address concerns…
Advent Raises $30 Billion for Top Private Equity Pool of 2026 BENGALURU: Global private equity investor Advent International has raised $30 billion across its funds, including nearly $27 billion for its 11th flagship fund and more than $3 billion for a new mid-market strategy, expanding its investment capabilities and international presence. Advent International GPE XI…
