Author: GP Editor
Union Commerce and Industry Minister Piyush Goyal attends the inauguration of second edition of Start-up Mahakumbh, at Bharat Mandapam in New Delhi on April 3, 2025. | Photo Credit: ANI Commerce and Industry Minister Piyush Goyal on Thursday (April 3, 2025) asked the Indian startup community to shift their focus from grocery delivery and ice cream making to to high tech sector like semiconductor, machine learning, robotics, and artificial intelligence. He also said there is a need for more Indian investors into the startup ecosystem. “Are we going to be happy being delivery boys and girls… Is that the destiny…
Average rents in the commercial segment increased by 3% year on year, reaching ₹69.2 per sq.ft per month, reflecting a rise in occupier demand. File photo | Photo Credit: S.R. RAGHUNATHAN Chennai’s residential market recorded a 10% year-on-year growth in sales, with 4,357 units sold during the first quarter of 2025. New launches also saw an uptick, with 4,576 units introduced, reflecting a 5% year-on-year growth, according to Knight Frank India. In its latest report, ‘India Real Estate: Office and Residential (January-March 2025) Q1 2025’, Knight Frank India also pointed out that the average weighted residential price increased by 7% year…
Get good energy! GORGIE founder Michelle Cordeiro Grant sat down with ET to share her full wellness routine, which includes sipping on her delicious vitamin-packed energy drinks.The CEO relies on the beverages, loved by Ariana Madix, Michael Strahan, Kelly Bensimon, Rebecca Minkoff and more celebrities, to kick start her busy schedule filled with healthy habits.Michelle Cordeiro Grant/Instagram”Going for a beach run, walk, or a bike ride first thing in the morning helps start my day. I also love Tremble reformer pilates, here in Florida,” the CEO says.From there, Grant avoids the afternoon slump by incorporating bursts of movement throughout her work…
Mr. Vikram Pawah with the first-ever BMW X1 Long Wheelbase All Electric. | Photo Credit: Special Arrangement Beginning 2025 with a strong start, BMW Group India has delivered its best-ever Q1 (January-March) car deliveries with 7% growth YoY by selling 3,914 cars (BMW and MINI) and 1,373 motorcycles (BMW Motorrad)BMW sold 3,764 units and MINi 150 units, the luxury car company said.Monthly sales in each month – January, February and March – also recorded their peak, it said.Vikram Pawah, President and CEO, BMW Group India said, “BMW Group India has set the tone for a successful year ahead, delivering record-breaking…
Asian economies may not resort to retaliation to the tariffs announced by U.S. President Donald Trump and may opt for negotiation, according to Barclays. Barring China and possibly Indonesia, most Asian economies are expected to resort to negotiation rather than retaliation. The effect of tariffs is expected to reduce GDP forecasts for Asian economies. “The new tariffs imply significant downside risks to our GDP growth forecasts if they are not eventually reduced, and we believe they are likely to be more net deflationary than inflationary,” according to a Barclays research note. “Most emerging Asia governments will likely face increased pressure now…
Troubled waters: Impact on Indian seafood exports to the U.S. will be significant as India is the largest exporter to the U.S. | Photo Credit: U.S. President Donald Trump’s announcement of 26% tariff across a spectrum of goods from India will have an immediate impact on Indian seafood exports, which totalled $7.38 billion during 2023-24.Impact on Indian seafood exports to the U.S. will be significant considering that India is the largest exporter of seafood to the U.S., having a 35% share in the U.S. market, said K.N. Raghavan, secretary general of the Seafood Exporters Association of India. The impact is accentuated…
Indian stock indices showed tepid response to U.S. President Donald Trump’s reciprocal tariff action on Thursday as investors factored in the higher impact of tariffs on other Asian countries like China, Vietnam and Thailand rather than on India. With the realisation of relatively lower tariff rate on India, frontline indices recovered during the day and closed with a loss of 0.4% compared with 0.3% slide in China, 1.5% in Hong Kong, 1% in Thailand and 6.7% in Vietnam. Nandish Shah – deputy vice-president, HDFC Securities said, “The Nifty opened sharply lower by 182 points, reacting to President Trump’s unexpectedly stringent tariffs. However,…
Following the 27% tariff on Indian imports announced by the U.S, exporters across sectors have called for an early conclusion of the Bilateral Trade Agreement (BTA) with that country.“Assessing the impact of the recently imposed 27% reciprocal tariffs by the U.S. on Indian exports reveals a nuanced scenario. While these tariffs do present challenges, India’s position remains comparatively favourable. For instance, Vietnam faces a 46% tariff, China 34%, and Indonesia 32%, placing India in a relatively better position than key competitors. Despite the tariffs, certain sectors in India, including apparel, gems and jewellery, leather, electronics, chemicals, plastics, and furniture, may…
Musa was asleep in the village of Dusuman in northeast Nigeria when he was awoken by a sharp burst of gunfire and Boko Haram stole his main source of livelihood — his livestock.”They came at about one in the morning and started firing in the air,” said the Fulani herdsman, whose name AFP has changed for security reasons.”My family and I fled into the bush. The jihadists took 36 of my cows and 40 sheep,” he added.Livestock theft provides Boko Haram with a major source of revenue, as members resell some of the animals at local markets to support their…
Gavin MaguireEven in the dead of winter, Europe’s solar farms have continued to expand their share of electricity production throughout the continent.Utility-scale solar farms generated 68 terawatt hours (TWh) of electricity during the first quarter of 2025, 32% more than during the same months in 2024 and the highest for the first quarter period on record, according to data from Ember.Solar power production registered steep jumps across all major economies over January-March, with Germany, Poland, the United Kingdom and France all posting solar output increases of over 25% from the same quarter last year.Steady increases in installed capacity have been…