Retailers like Walmart, Target, and Aldi are offering more affordable Thanksgiving meals this year by heavily featuring private-label products and trimming menus. While prices are down, these deals often involve fewer items and store-brand substitutes, a trend driven by consumer concerns over rising food costs.
Gold prices have dipped for the third consecutive week, influenced by a robust US dollar and cautious Federal Reserve statements. This has dampened investor interest in safe-haven assets. While bullion trades within a narrow band, analysts suggest a pause-and-assess phase, awaiting clearer economic signals. Silver also experienced a decline amid industrial demand concerns.
The Tea Board urges the industry to embrace stringent food safety standards for long-term success. Their new Plant Protection Code emphasizes sustainable practices like integrated pest management to reduce chemical reliance, safeguarding ecosystems, workers, and consumers. Adherence to these guidelines is vital for maintaining India’s tea competitiveness and meeting global demands for safe, responsible products.
India’s data centre capacity is set to surge fivefold to 8GW by 2030, driven by rising data consumption, cloud adoption, and AI. This expansion, requiring $30 billion in investment, will significantly boost leasing revenues and create substantial opportunities across various infrastructure sectors.
New York’s popular Indian restaurants are feeling the pinch from increased import costs following US tariff hikes. Essential ingredients like spices, rice, and pulses have seen significant price surges, impacting profit margins. Restaurateurs are struggling to balance rising expenses with customer price sensitivity, leading to difficult decisions about menu pricing and sourcing.
Experts at a Chennai conference urged India to boost rare-earth material development through wider collaboration with friendly nations like Japan, the US, and the UK. While acknowledging significant deposits in states like Tamil Nadu and Kerala, they stressed the urgent need to build processing, refining, and recycling capabilities to create a self-reliant ecosystem for strategic…
India and New Zealand concluded the fourth round of Free Trade Agreement negotiations, reaffirming their commitment to an early, balanced, and comprehensive pact. Discussions covered key areas like trade in goods and services, with both nations expressing optimism for a modern agreement that will enhance bilateral economic cooperation and expand trade flows.
State Bank of India aims to be among the world’s top 10 most valued banks by 2030. This follows the bank crossing the Rs 100 lakh crore business milestone. SBI is strengthening its capital buffers to support future growth. The bank also surpassed $100 billion in market capitalization. This positions SBI for significant global recognition.
Ghost job postings have surged by approximately 25% year-on-year as companies use them for market intelligence, employer branding, and workforce planning. These listings, common across various sectors, help firms gauge talent trends, build candidate pipelines, and benchmark pay scales, though many do not materialize into actual roles.
Telecom operators are testing a new Calling Name Presentation (CNAP) service in Haryana and Himachal Pradesh, allowing mobile users to see the registered names of unknown callers. This initiative, directed by the Department of Telecommunications, aims to combat spam and scam calls by displaying caller identities, with a nationwide rollout anticipated by March-April next year.
