New Delhi: Earlier this week, the national capital and its neighboring areas will be subjected to one of the most severe summer spells yet as temperatures are expected to scald to 46C in the coming days. The Indian Meteorological Department (IMD) has rolled out an “Orange Alert” for the national capital and surrounding areas, telling the people to stay alert. The warning comes amid North India being besieged by a severe heatwave and taking daily life, health facilities and cities to a danger level. An Orange Alert means, according the IMD’s warning system, a very high risk to the human…
Author: Kanhaiya Suthar
During times of economic anxiety, what consumers do changes in a brutally simple way. They forego their discretionary spending. They abandon premium brands and gravitate toward businesses that offer the promise of dependability, affordability and convenience. Most of the time, that shift leads to only one destination: Walmart. Last year, as tariffs on global trade rattled the economy, inflation grew more severe and retailers across the United States stuttered, Walmart did something far more extraordinary than simple resistance. It widened the gap between itself and almost every other major retailer. The contrast is stark. Where Target posted falling sales and…
MUMBAI: Zee Entertainment Enterprises posted a consolidated net loss of 1.02 billion rupees ($10.57 million) for January-March quarter from a 1.88 billion rupee profit for the same quarter of the previous year. The loss underscores the untold cost of legacy switch to digital. Zee will struggle to recover from the loss at a crucial time for the media behemoth. It controls some of the biggest legacy outlets, like ZeeTV, ZeeCinema, and Zee Movies, as well as a blockbuster streaming service, Zee5. Revenue fell 5.4%, but a closer look reveals that the drama is structural – it’s the switch to digital…
Everyday, some million people walk into a shop named Starbucks. They can smell the roasted coffee and hear the milk steaming and grab their favourite morning drink. For most of us, they seem a happy, successful place to birth a happy, successful business. And behind the closed doors of their big corporate offices, something is going badly wrong. The biggest coffee chain in the world has a huge storm churning against it. And it’s going to leave a lot of everyday workers in the cold. To the chopping block A few days ago, the top brass at Starbucks made the…
The entire tech world spent three years getting carried away with AI algorithms and software breakthroughs. It’s only now, in 2026, that the mask has finally come off. The war for artificial intelligence is no longer a software race; it’s an ugly, cash-intensive battle for infrastructure, raw electricity and custom silicon. This is most dramatically illustrated by the cinematic announcement that Wall Street kingmaker Blackstone and search titan Google are teaming up. These two industry giants are creating a distinct, US-based joint venture that is solely dedicated to data center capacity and compute-as-a-service. With an initial $5 billion equity commitment…
Mumbai: When the Brihanmumbai Municipal Corporation (BMC) triggers a 10% water cut across Mumbai, it’s not just a seasonal nuisance. It’s a flashing red light for India’s urban planning scheme. Beginning today, the nation’s financial capital will be subjected to daily water rationing. Reservoirs at a perilously low 23.52% of total annual storage have forced the administration to ration water to extend existing supply to mid-August. This precautionary measure is largely driven by meteorologists predicting erratic monsoon onset due to residual El Niño weather. But Mumbai is not the only victim. India’s cities are collectively drying up. In this editorial,…
Warner Bros. Discovery, the parent company of both Warner Bros. and Discovery, posted a massive quarterly net loss of $2.92 billion, symptomatic of the financial strain that traditional media giants are experiencing trying to catch up with streaming giants such as Netflix and Disney. Much of the decline stemmed from a $2.8 billion payment that is tied to the resolution of merger related obligations before the proposed merger with Paramount Global and Skydance Media. If it goes through, the agreement could change the power dynamics in the world of entertainment. But on the upside, Warner Bros Discovery had some momentum…
Grocery shopping for India’s urban shopper has shifted from a chore to a reflex. A packet of milk, bread, onions, snacks even a charger , all of it now sits one tap away. That is the promise of quick commerce: groceries in minutes, not hours. But the speed hides a harsher reality. This industry is booming but it is still grappling with a fundamental question. Can it ever make real money? India’s quick-commerce market was between ₹64,000 crore and ₹65,000 crore in FY2025, and Reuters said the sector had grown to about $11.5 billion by January 2026. It is not…
New Delhi: Reliance Industries, led by Mukesh Ambani, is getting ready for a big push into satellite internet. This could lead to a high-stakes showdown with Elon Musk’s Starlink in a rapidly growing digital economy. Reliance has long wanted to expand Jio beyond dominant terrestrial telecoms and into space-based broadband using Low Earth Orbit (LEO) satellite tech. Now, it’s finally happening. A Gap-Driven Market Even with fast digital adoption, much of India still struggles with connectivity. Fiber rollout in remote and rural areas remains slow and costly. Satellite internet’s promise of beaming connectivity straight from space has made it a serious…
GameStop’s $55.5 billion acquisition offer for eBay is a bold, swing-for-the-fences pivot that will either miraculously transform the brick-and-mortar shop into an e-commerce juggernaut or crash and burn under the weight of its own overreach. By betting on a combined physical retailer and online auction house, CEO Ryan Cohen reimagines the tired “turnaround” playbook for legacy businesses. This is no longer just about video games — it is a full-throated, nuclear war on the broader retail logistics and online auction industry. The Math Behind the $55.5B Deal Let’s cut to the chase by breaking down the math that GameStop put…

