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ECONOMIC DOWNTURN LUXURY MARKET
Isprava Group appoints former Chalet Hotels chief Sanjay Sethi as strategic advisorIsprava Group has appointed Sanjay Sethi as Strategic Advisor for its hospitality and luxury home divisions. This decision aims to strength...- Tata Motors' Jaguar rolls out £130,000 Type 01 luxury EV as British brand begins electric rebootJaguar has unveiled the Type 01, a luxury electric grand tourer with a price tag of £130,000. Orders are set to open in early 2027, and del...
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
- Charlotte’s former Duke Energy headquarters gets $250 million in financing for 460 luxury apartments and 60,000 sq ft of retail by 2027Charlotte’s former Duke Energy headquarters is set for more than $250 million transformation after developers secured financing. The Brookl...
- India luxury car sales rise 10% in 2026 as Mercedes-Benz, BMW see strong EV demandThe surge in luxury vehicle sales in India stems from an urgent need for replacements and a trend towards electrification. Mercedes-Benz In...
- Experion Developers plans Rs 10,000 crore investment to build 3,000 luxury homes, plots in 5 yearsExperion Developers, an Indian real estate platform, plans to invest Rs 10,000 crore in luxury homes. The investment will facilitate the de...
- In 1981, an investor put $1,000 into Home Depot at its IPO; 45 years later, the stake was worth more than $9.57 millionA $1,000 Home Depot investment at its 1981 IPO would have grown into more than $9.57 million by January 2026, before dividends. The journey...
- India luxury car sales rise in double digits; Mercedes-Benz sales grow 8% to record 15,190 unitsThe luxury vehicle market in India showcased a striking uptick in sales for 2026, reflecting a robust appetite for high-end automobiles. Me...
- Mercedes-Benz India sales rise 8 pc in January-September 2026Mercedes-Benz has not only reached but surpassed its previous sales records in India, achieving 15,190 units sold during the January-Septem...
- ‘Rs 3.5 lakh weekly rental for a 3BHK’: Man compares expensive living costs in Europe with India after his one-week stay in a Barcelona AirbnbIndian founder shared a video of his three bedroom Airbnb in Barcelona after the one week stay cost him Rs 3.5 lakh. His walkthrough of the...
- Runwal Enterprises shares to list today; check GMP and key details ahead of debutRunwal Enterprises shares are set to list on the BSE and NSE with a zero GMP, indicating expectations of a flat debut near the IPO price of...
- House of not just clothes: Fashion goes big on flagships“A multi-designer store can introduce you to a product. A flagship has the ability to introduce you to the thinking, the culture and the co...
- Average home prices in Delhi-NCR rise maximum at 12 pc annually in Jul-Sep: AnarockHousing prices in the Delhi-NCR region experienced an annual increase of 12 percent during the July-September quarter. This rise is attribu...
- Economic resilience cannot mean global insulation; domestic production "may cost more": Principal Secy to PMPK Mishra emphasized the need for India to remain open to global markets while enhancing economic resilience. He indicated that domestic pr...
- BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shapeBMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enh...
- Global Market: China factory activity returns to growth in September as AI boom supports industrial sectorChina’s factory activity returned to growth in September, with the official manufacturing PMI rising above the expansion threshold. Strong ...
- BSE enters Nifty 50: Stock drops 4% after Goldman Sachs, BNP Paribas sell shares worth Rs 2,186 croreOn their debut in the Nifty 50 index, BSE shares saw a significant decline of about 4%. This drop was influenced by Goldman Sachs and BNP P...
- Why are oil prices down today?Oil prices have begun to fall now. Brent crude futures dropped more than 1% and hovered near the $105 per barrel mark. The oil prices have ...
- Quote of the day by Howard Marks: "Memory – and the resulting prudence – always comes out the loser when pitted against greed"Howard Marks’ quote highlights how greed can overpower investors’ memories of past market downturns. Rising prices, optimism and fear of mi...
- It's the right time to invest in India: Swiss luxury watchmaker Baume & Mercier CEOSwiss luxury watchmakers, particularly Baume & Mercier, are planning significant investments in India due to the India-EFTA trade pact. Des...
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