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GULF TENSIONS IMPACT LUXURY CAR SALES
Carmakers pare discounts as GST cut revives small-car demandCar manufacturers are scaling back discounts on budget-friendly hatchbacks and entry-level models, indicating a robust recovery in mass-mar...- Orient Express giant yacht sets sights on tech billionairesOrient Express, now a joint venture between French hotelier Accor and Louis Vuitton owner LVMH, set out to revive the 19th century travel b...
- Housing sales fall 6% across top 7 cities in Q2 as West Asia conflict dents buyer sentiment; launches rise 7%: ANAROCKPersistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal...
- Oil Price Today (June 29): Crude oil rises after renewed US-Iran strikes. What lies ahead?US President Donald Trump said on Saturday that Iran would "no longer exist" if the US were "forced" to resume the war. "United States airc...
- Dollar poised for best month in nearly a year; eyes on jobs data, Gulf tensionGlobal tensions and upcoming U.S. jobs data are keeping the dollar strong, despite a slight dip today. Investors are seeking refuge in the ...
- Why are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices gain after renewed US-Iran strikes and Strait of Hormuz disruptionWhy are oil prices rising today, and will Brent crude futures and US WTI prices continue to go up? Oil prices increased after renewed attac...
- Easing of West Asia conflict reduces downside risk to 6.6% growth forecast: Ram Singh, Director, Delhi School of EconomicsAny moderation in El Nino effects and resolution of geopolitical uncertainty will further reduce the downside risks to growth. Operationali...
- Iran FM Araghchi warns any challenge to Hormuz strait will 'increase tensions'Iran's Foreign Minister Abbas Araghchi cautioned on Sunday that any disruption to Tehran's control over the vital Strait of Hormuz would es...
- After 5-year hot run, luxe car sales may slow downIndia's luxury car market is experiencing its first slowdown in over five years, with sales stalling in early 2026. Heightened global uncer...
- Consumer companies ramp up festive production on demand hopeLeading electronics contract manufacturers such as Dixon Technologies and PG Electroplast highlighted a "high" double-digit increase in ord...
- In May, every 10th new car sold in Europe was ChineseChinese car brands have captured over 11% of the European new car market for the first time, driven by hybrid and plug-in hybrid models off...
- International visitors to Dubai to return ahead of hotel rate recoveryDubai's tourism is bouncing back, with visitor numbers expected to recover before hotel rates. Accor, a major hospitality player, notes a l...
- Why are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Cargo ship attack near Oman lifts crude pricesWhy are oil prices up today, and will Brent, US WTI crude futures continue to rise or fall again? Oil prices gained more than 2% after a ca...
- Iran fired on cargo ship in Strait of Hormuz, say US officialsIran fired on a cargo ship transiting the Strait of Hormuz on Thursday, according to two US officials cited by Reuters. The vessel had earl...
- Premium family SUVs that offer comfort without luxury pricingIndian families are increasingly opting for SUVs, with a growing 'premium plus' segment offering luxury features without the hefty price ta...
- She sold her wedding gold to buy expensive Hermès handbags. Is luxury fashion becoming the new gold?A Dubai woman reportedly sold all of her wedding gold jewellery to begin collecting Hermès handbags, believing the luxury accessories would...
- UAE oil exports rebound to 85% of pre-war levels as Gulf supply routes adapt: IEAUnited Arab Emirates oil exports have rebounded significantly, reaching nearly 85% of pre-conflict levels by early June. Leveraging alterna...
- Tata Motors to invest up to Rs 40,000 crore by FY31Tata Motors is set to invest up to Rs 40,000 crore over five years, aiming to nearly double its passenger vehicle capacity and introduce ne...
- Hormuz shipping activity shows signs of recovery; Indian refiners shine amid disruption: S&P GlobalShipping through the crucial Strait of Hormuz is showing signs of recovery, with daily transits increasing significantly, though still far ...
- BMW to launch 27 products in India this year, eyes No. 1 spotBMW Group India is launching 27 new models this year, aiming to solidify its position as the top luxury carmaker. The company is focusing o...
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