Scorching heatwaves have significantly boosted sales for consumer brands, with quick-commerce platforms witnessing a surge in demand for ice creams, beverages, and sunscreens. Ice cream sales alone soared by 140% year-on-year in May. This growth is attributed to expanding delivery services into smaller cities and a focus on fast delivery of seasonal essentials, offering consumers much-needed relief.
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Indian IT firms are increasingly embracing debt for significant acquisitions, a shift from their traditional cash-rich approach. Persistent Systems' $1.5 billion financing for its Nagarro deal exemplifies this trend, driven by the need to build AI capabilities and expand globally. This strategic move aims for accelerated growth and relevance in a rapidly evolving tech landscape, though experts caution about the risks of high leverage if growth targets aren't met.
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GST collections surged by 13.9% to Rs 1.94 lakh crore, the fastest in eight months, driven by a significant jump in import taxes on commodities like crude and fertilizers. While domestic collections saw a modest 6.5% rise, imports contributed substantially. This indicates robust manufacturing and import activity, though some states experienced significant drops in revenue. Experts suggest policy recalibration to boost domestic manufacturing.
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Despite a dip in India's smart TV market, the FIFA World Cup is driving a surge in premium television sales, especially for larger screens. Brands report significant demand for TVs 55 inches and above, with QLED and MiniLED technologies gaining traction. While macroeconomic pressures affect entry-level purchases, major sporting events are prompting consumers to upgrade to bigger, better-equipped models, particularly in football-centric regions.
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Harry Kane's brace against DR Congo moved the England captain onto five goals at the FIFA World Cup 2026, leaving him just one behind joint leaders Lionel Messi and Kylian Mbappé in the race for the Golden Boot.
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Andreeva saved six match points in the decider, but was not able to stop Krejcikova from crossing the finish line and claim only her second victory over the youngster
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Swiss healthcare major is expanding its global tech hub network in India to Hyderabad alongside its existing site in Pune
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Offerings would not have been stolen had they believed in Lord Ram, says AAP chief
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The organisations say the hike will increase the financial burden on students
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The triangle of strikers have a common demand, the resignation of the Union Education Minister; activist Sonam Wangchuk is on the CJP stage; six CPI(ML) students and nine unaffiliated protesters sit on either side
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Iranian delegation chief said participants had agreed “a communication channel would be established by tomorrow”
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The incident took place at Saifullah Lake in the Kalam Valley of Upper Swat district, a popular tourist destination
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It wasn't clear how the pair gained access to the antenna, which rises well above public areas of the 102-storey building
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