India is poised to enter a decisive phase of economic expansion that could redefine long-term wealth creation, according to Motilal Oswal Financial Services’ 30th Wealth Creation Study, which projects a sharp acceleration in the country’s economic and consumption landscape over the next 17 years, ANI reported.The study draws a parallel with the last growth cycle,…
The Right to Disconnect Bill, 2025 — a private member’s bill introduced in Parliament last week — has reopened the conversation on work-life boundaries, even though experts say it is unlikely to become law anytime soon. The legislation, moved by NCP MP Supriya Sule, proposes giving employees the legal right to ignore work-related communication outside…
Cheap copper imports under multiple free trade agreements (FTAs) are “severely damaging” India’s domestic manufacturing system, the Indian Primary Copper Producers Association (IPCPA) said, urging the government to step in with safeguard duties and quantitative restrictions.The industry body said a surge in zero-duty copper imports is eroding India’s smelting and downstream manufacturing base, even as…
Stock market outlook: The markets this week were driven by macroeconomic pressures and mixed global cues. Domestically, the rupee slid to a fresh record low of 90.56 against the US dollar, dampening risk sentiment. However, some relief came after the US Federal Reserve announced a 25-basis-point rate cut, while optimism over progress in India–US trade…
As the new year approaches, a clear theme is emerging on Wall Street, the technology giants that powered the bull market may no longer dominate market gains.Strategists at firms such as Bank of America and Morgan Stanley are advising clients to look beyond the so-called Magnificent Seven, a group that includes Nvidia and Amazon and…
Chinese demand for foreign luxury cars is waning as customers opt for more affordable Chinese brand models, often sold at big discounts, catering to their taste for fancy electronics and comfort.That is bad news for European carmakers like Porsche, Aston Martin, Mercedes-Benz and BMW that have long dominated the upper reaches of the world’s largest…
The richest man in the world could more than double his $460.6 billion fortune if SpaceX succeeds in going public next year at a valuation of $1.5 trillion.SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest…
In a light-filled workshop in eastern China, a robotic arm moved a partially assembled autonomous vehicle as workers calibrated its cameras, typical of the incremental automation being adopted even across smaller factories in the world’s manufacturing powerhouse.China is already the world’s largest market for industrial robots, and the government is pouring billions of dollars into…
After the Reserve Bank of India (RBI) reduced the repo rate by 25 basis points last week, several major banks have moved to pass on the benefit to borrowers. Latest addition to the wave is the State Bank of India (SBI), which announced cuts across its lending rate benchmarks, in a move aimed at easing…
India is experiencing a rare economic phase with near-zero inflation and robust growth exceeding 8%. While this ‘Goldilocks’ moment benefits borrowers and large corporations, farmers face significant losses due to falling food prices. Savers might see reduced returns as interest rates decline, highlighting a complex economic landscape where benefits are unevenly distributed. India is in…