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The safe keepers: Inside India's booming locker economyIndia’s locker economy is booming amid rising gold prices and household wealth. While banks remain the preferred repository, private vault ...- Federal Bank eyes long-term value creation from SCB Card portfolio acquisitionFederal Bank is acquiring Standard Chartered's credit card portfolio, gaining a high-quality, younger customer base with strong credit scor...
- India’s affluent investors flock to specialised wealth products — what’s driving the surge?India's wealthy investors are increasingly moving away from traditional savings like bank deposits towards specialized wealth products such...
- Cooling FD rates spark renewed interest in single premium insurance productsICICI Prudential Life Insurance anticipates a resurgence in single premium product demand as fixed deposit rates soften, enhancing the appe...
- E-commerce democratising growing luxe market, says Tata Cliq CEOTata Cliq Luxury experienced a 30% revenue increase in fiscal 2025, with 55% of sales from non-metro markets. Strategic expansions into new...
- Capital markets poised for expansion; Nuvama, Nippon Life AMC could give 16-27% returnIndia's capital markets are booming, with demat accounts and SIP flows surging. Despite low penetration compared to global benchmarks, the ...
- Credit cards bring experiences to woo the young and affluentCredit and debit cards offering discounts on travel, experiences, and lifestyle are gaining popularity among affluent and young customers. ...
- State Bank of India forms a team of 2,000 bankers to attract the rich clientsState Bank of India, the largest lender in the country, made a renewed push into wealth management. By deploying 2,000 executives as relati...
- Maruti leads drop in Indian carmakers' sales to dealers in July as demand coolsHyundai Motor India's sales to dealers dropped 3.3% in July, the first decline in the fiscal year that started in April. Tata Motors' sales...
- Electric bike startup EMotorad expanding to EuropeEurope is one of the largest and fastest-growing markets for electric vehicles with an affluent customer base, which will provide EMotorad ...
- Super luxury cars riding high with India's young buyersWhether it's super sports cars, electric cars or luxury saloons, models are being snapped faster than ever before, according to the industr...
- Insurtech startup Bimaplan raises $2.5 million from Amino Capital, othersBimaplan’s latest funding round is a precursor to a larger Series A round, which is expected to be closed in another six to nine months, fo...
- Nappies fuel lingerie sales on Amazon"We do extensive data mining, so we know who would have searched for M&S on our marketplace," said Arun Sirdeshmukh, head of fashion at Ama...
- Twitter users 1.6 times more likely to experiment with tech products than others87 per cent of the mass affluent surveyed use Twitter daily, with 72 per cent of existing users planning to use the platform more going for...
- Why HSBC must say ‘hello’ to Hong KongHeadquartered in the UK for more than two decades, the country’s biggest bank is considering a return to its birthplace 150 years ago.
- Rs 18,000 crore required to extend health insurance coverageThe demographic dividend refers to a period when the share of young and working people outnumber dependents significantly.
- 50% Indian retail apparel consumers shop online: PwC studyThe newly affluent Indian consumer spends more and in a distinct pattern as compared to his Asian counterparts, finds the study.
- Henrys' problem to hit US recoveryMac McKay entered this year ready to spend after sales at his flower shop in Arlington, Virginia, rebounded.He planned to take his first va...
- Luxury market slowly emerging from global recessionThe luxury goods market is rebounding from the slump caused by the global recession, but analysts say upscale sellers will be facing a hard...
- One size no longer fits all at Wal-MartWal-Mart Stores, the world’s biggest retailer, is trying to boost sluggish sales gains by dropping its one-size-fits-all approach to retail...
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