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  • According to an analysis of the global markets, family offices allocate just one per cent of their portfolios to gold and precious metals, putting it on equal footing with niche assets like art, antiques, and infrastructure, and far behind more favoured categories such as private equity, real estate, and even cash.

    Mumbai's iconic 'dabbawalas' inspire India's quick commerce revolution, where apps now deliver everything from groceries to gadgets within minutes. This surge disrupts e-commerce giants and local stores alike, fueled by billions in investment and a demand for convenience.

    Indian companies are proactively adapting to increasingly frequent extreme weather events by implementing measures to protect their workforce and minimize operational disruptions. Initiatives range from infrastructure redesign and revised work schedules to providing hydration, adjusting commute policies, and offering work-from-home options. These steps aim to safeguard employees and ensure business continuity amidst climate shifts.

    Trèsind Studio in Dubai achieves a historic milestone. It becomes the first Indian restaurant globally to receive three Michelin stars. Chef Himanshu Saini and Bhupender Nath lead the restaurant. They faced initial skepticism for their innovative approach. Passion F&B persevered through financial challenges and the pandemic. The restaurant's success marks a new era for Indian cuisine.

    NITI Aayog is preparing a new framework to redraw urban boundaries using economic factors and current land use. This aims to help states manage rapid unplanned urbanisation and improve infrastructure planning to boost economic growth. The current census-based urban definition is outdated, as it doesn’t reflect modern economic realities.

    Linen is gaining popularity among younger consumers and designers in India. Designers like Anavila Misra and Priya Mittal are innovating with linen saris and other garments. Linen is now seen in both high fashion and affordable brands. Retailer Raymond's reports increased linen fabric sales. Experts advise on caring for linen to prolong its life.

    Indian CDMOs are strategically expanding through acquisitions in the US and Europe, driven by global pharma's nearshoring trend and a desire to diversify from China. These companies are investing in advanced technologies and specialized capabilities, particularly in biologics and complex chemistry, to capture a larger share of the global market.

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Treasury yields ease with US stocks flat to up; investors assess US tax bill

US bond yields saw a 19-month peak before settling. Wall Street experienced mixed stock results. The US dollar gained strength after previous losses. Concerns about the US fiscal situation and government debt demand lingered. The House passed Trump's tax bill, adding to debt worries. Solar energy shares declined due to expected subsidy cuts.

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Sunday, 25 May, 2025

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Canada sees sharp drop in Indian student permits as visa rules tighten

Canada sees sharp drop in Indian student permits as visa rules tighten

Canada is becoming a less attractive destination for Indian students due to stricter visa rules and increased financial requirements. Study permits issued to Indian nationals have dropped significantly in early 2025. Students are now exploring alternative countries like Germany and the Netherlands, seeking more predictable immigration pathways and affordable education.

Harvard University's foreign students can't rejoice now as reprieve won’t stop looming threats

Harvard University's foreign students can't rejoice now as reprieve won’t stop looming threats

Harvard University secured a temporary reprieve from a Trump administration ban on enrolling international students, a move challenged in court as a threat to thousands of students' futures. The administration's action, citing concerns over antisemitism and other issues, prompted a lawsuit from Harvard, arguing it violates constitutional rights and retaliates against the university for resisting government demands.

'Stateless overnight': Kuwait strips tens of thousands of citizenship

'Stateless overnight': Kuwait strips tens of thousands of citizenship

Kuwait is revoking the citizenship of tens of thousands of people, primarily women naturalized through marriage, under the guise of reform. This policy, spearheaded by the emir, aims to reshape Kuwaiti identity by restricting nationality to those with blood ties, potentially reducing the electorate after political turmoil.

Trump-Harvard face-off: Environment of uncertainty shakes Indian students’ faith in American dream

Trump-Harvard face-off: Environment of uncertainty shakes Indian students’ faith in American dream

Recent US policies perceived as hostile to foreigners, including the Trump administration's attempt to bar international students, are causing Indian students to reconsider studying in the US. Concerns about safety, job opportunities, and potential visa issues are driving interest towards alternative destinations like the UK, Europe, and the Middle East.

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