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LUXURY MARKET CRISIS
IHCL's domestic hotel demand strong even as Middle East crisis drags on Dubai business: Puneet ChhatwalIndian Hotels Company Limited anticipates a year-long recovery for its Dubai hotels due to the Middle East crisis, though domestic business...
India has a story to tell in single malts that is not borrowed from Scotland or Japan: Alcobrew’s Romesh PanditaIn a freewheeling chat, Romesh Pandita, Chairman and Managing Director, Alcobrew Distilleries India, highlights how Indian single malts are...
The City of Gold starts coming back to life after its darkest hourDubai's economic landscape is tested after regional conflict. Aviation, hotels, and real estate see impacts. Luxury retail also faces press...
China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...
We are ambitious and working to become a top 5 private bank again: Vinay Tonse, MD & CEO, Yes BankYes Bank is embarking on an ambitious journey to enhance its foundational elements—people, processes, products, and technology. With a keen...
Hantavirus scare a wake-up call: Why India must build its disease X defencesA recent hantavirus outbreak on a cruise ship echoes past pandemic scares. Experts warn Disease X, a future unknown pathogen, is a near cer...
Indians are breaking up with Europe for a Southeast Asian getawayIndian travelers are increasingly choosing Vietnam over traditional European destinations due to rising airfares and longer flight duration...
Why luxury real estate remains a favourite among India’s rich despite macro & rate hike concernsIndia's luxury housing market defies global economic headwinds, driven by affluent buyers and NRIs seeking lifestyle upgrades and wealth pr...
'Rs 5 cr portfolio means nothing without this’: CA warns high earners about one major financial mistakeChartered Accountant Nitin Kaushik highlights a major financial oversight by high earners. Many professionals build substantial portfolios ...
Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...
After winning poll battles, Modi has picked up a new fightAmidst rising crude oil prices and a weakening rupee, Prime Minister Modi has urged Indians to embrace austerity. His call to reduce fuel c...
Congress demands withdrawal of circular asking Haj pilgrims to pay Rs 10,000 moreThe Congress party has demanded the withdrawal of a Rs 10,000 airfare increase for Haj pilgrims. The party alleges the Modi government has ...
India plugs oil gap as Middle East supplies sinkIndia is boosting Russian oil imports and reviving supplies from Africa, Iran, and Venezuela. This strategy aims to fill a crude oil gap ca...
Indian billionaire boss says he has never worn a diamond watch, introduces employee who owns one. Who is Yusuff Ali?A video of Indian business magnate Yusuff Ali playfully highlighting his employees' diamond watches, while he wears a simpler one, has gone...
Benz it like Mercedes: Winner of India luxe ride race just beat Motown slowdown in styleMercedes-Benz India recorded its best-ever annual sales in FY25-26, defying a slowdown in the luxury car market. According to the company, ...
The luxury of hindsight, the urgency of foresight: What India can still get rightIran war: Recent West Asian events highlight India's vulnerabilities in energy, trade and finance. Foresight was dismissed, but now hindsig...
Global Markets | European shares slide as Middle East ceasefire hangs in balanceEuropean shares declined on Monday, on concerns that a ceasefire between the U.S. and Iran might collapse after Washington said it had seiz...
Gujarati travellers cut back on travel plans amid geopolitical uncertainty, expected market volatilityGujarati travelers are pausing travel plans. Uncertainty from the US-Israel-Iran conflict and stock market dips are causing caution. Advanc...
West Asia crisis hits Dubai real estate: Will it boost high-end luxury property investment in India?Dubai's property market is experiencing a slowdown due to regional geopolitical tensions. This is causing investors to look towards India f...
IHCL remains confident of achieving all its goals: MD and CEOIndian Hotels Company Limited, IHCL, is successfully managing global and local challenges. The company is expanding its brand portfolio acr...