South Delhi India’s capital for FMCG consumption

Representative image (Photo: ANI) NEW DELHI: When it comes to quantity (volume), South Delhi, associated with affluence, is India’s unrivalled consumption capital for fast-moving consumer goods. But West Delhi is the top spender on these goods, not only in the capital, but also in the country. What’s common: both prefer good old home-cooked meals, and…

Read More

From cars to couture: Kering appoints Renault’s Luca De Meo to lead Gucci; French high-fashion brand hopes for revival

French high end fashion group Kering appointed Luca de Meo, the man behind rescuing carmaker Renault from crisis, as its new chief executive to steer the company’s struggling flagship brand Gucci back on course.De Meo, 58, will officially take over in September, after shareholders approve of a new governance structure that separates the roles of…

Read More

Committed to Ladakh’s inclusive growth: Finance minister Nirmala Sitharaman

Committed to Ladakh’s inclusive growth: FM Nirmala Sitharaman (Photo: PTI) LEH: Finance minister Nirmala Sitharaman, virtually inaugurated several development projects on Sunday in Leh, Ladakh, during her four-day visit to the Union Territory. The ministry of finance said this reaffirms Government of India’s commitment to inclusive growth and infrastructure development in the Union Territory of…

Read More

Gold price prediction: What’s the gold rate outlook for June 16, 2025 week amidst Israel-Iran conflict – should you buy or sell?

Gold prices witnessed heightened volatility last week as escalating geopolitical tensions took center stage. (AI image) Gold price prediction today: Gold is back in focus amidst the ongoing Israel-Iran conflict which has added to its safe haven appeal in times of increased geopolitical tensions and uncertainties. Positive news on the US-China trade deal talks and…

Read More

Israel-Iran tensions linger: Asian stocks rebound cautiously; oil prices spike while safe-haven bets diverge

Asian stock markets showed early signs of recovery on Monday following sharp losses last week triggered by intensifying hostilities between Israel and Iran. Investor sentiment remains cautious as the risk of prolonged conflict in the Middle East threatens oil supplies, inflation dynamics, and monetary policy outlooks globally. Brent crude prices surged by as much as…

Read More

Crypto investments under scanner: CBDT launches probe into unaccounted income; high-risk investors in VDA may face scrutiny

The Central Board of Direct Taxes (CBDT) has launched a probe into possible tax evasion and laundering of unaccounted income through investments in virtual digital assets (VDAs), including high-risk VDA transactions and cryptocurrencies, sources in the government said on Thursday.The tax authority is currently verifying individuals and entities engaged in high-risk VDA transactions who appear…

Read More