Strong domestic travel has again saved the day for Indian hospitality, although the West Asia war has impacted inbound traffic to the country, like many others globally.“Over 40% of people flying to India (and other parts of Asia from the west) do so via the Middle East (West Asia). That has slowed down inbound. The…
Ram Charan’s sports action drama ‘Peddi’ witnessed another drop in collections as it completed eight days in theatres. After a strong opening week, the film’s daily earnings have gradually slowed.According to Sacnilk, the film collected Rs 6.30 crore net in India on its eighth day. This represents a 16.6 percent decline from the Rs 7.55…
Union Minister of Commerce & Industry Piyush Goyal and EY (Ernst & Young) Global Chair and CEO Janet Truncale during a meeting to exchange views on India’s consistently growing role in global supply chains. BENGALURU: Janet Truncale, global chair and CEO of EY, said the professional services firm’s India operations are increasingly becoming central to…
NEW DELHI: A fresh round of price hikes by FMCG companies is set to make everyday essentials costlier for consumers soon. The latest increases across categories, from soaps and detergents to toothpaste and edible oils, in the range of 4-11%, come weeks after the fuel price revision in mid-May, industry experts told TOI.Leading consumer goods…
MUMBAI: Credit growth surged to a high even as deposits shrank in the first two months of FY27, widening the funding gap and pushing banks deeper into a liquidity squeeze, with the wedge between loans and deposits reaching about Rs 3.8 lakh crore by May 31.Credit growth stood at 17.7% for the fortnight ending May…
While discussing the ongoing Don 3 controversy, the President of the Indian Film and Television Directors’ Association (IFTDA) and the Chief Advisor for the Federation of Western India Cine Employees (FWICE) Ashoke Pandit spoke about loyalty, stardom and the impact of Aditya Dhar‘s Dhurandhar on the Hindi film industry.Pandit said that while contractual disputes must…
SpaceX’s initial public offering has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.Retail investors are expected to be allocated at least 20% of the available shares, the people said. At a $75 billion IPO size, which would…
Prime Minister Narendra Modi during the the Economic Advisory Council meeting. NEW DELHI: As govt gears to undertake a delimitation exercise in the coming month, a working paper by the Economic Advisory Council to Prime Minister (EAC-PM) has suggested India should split Lok Sabha’s 170 large constituencies using a “targeted criterion” instead of a uniform…
Vaibhav Sooryavanshi and Young Sachin Tendulkar (Agency Image) Vaibhav Sooryavanshi’s long-awaited India debut now appears to be just around the corner. The 15-year-old batting prodigy has earned a place in India’s squad for the upcoming two-match T20I series against Ireland later this month and is also set to travel with the team for the five-match…
US President Donald Trump said on Thursday that an agreement with Iran could be completed as early as this weekend, adding that a formal signing ceremony may take place in Europe once the remaining paperwork is finalised.Speaking in the Oval Office, Trump said, “We just made a great settlement of the war with Iran, and…