NEW DELHI: Flipkart is taking its quick-commerce business into a new market: gourmet grocery. Flipkart Minutes has started offering premium and speciality food products and has also launched Pykd, its own brand for the category. The move comes at a time when quick-commerce companies are looking beyond milk, bread and everyday groceries to get customers to spend more on each order. Flipkart Minutes’ gourmet range includes cheese, coffee, wood-pressed oils and ghee, ramen and noodles, chocolates, kombucha and boba. Pykd has started with products such as namkeen and chips. Flipkart also plans to add more premium brands to the platform.…
Author: Riddhi Jain
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New Delhi: For Indian exporters, the latest US trade development comes at an interesting time. The country has just recorded its highest-ever annual exports, while companies are also finding more markets outside their traditional destinations. That makes the latest US tariff risk less about one market alone and more about how Indian businesses manage their global customer base. The US Senate on Friday passed a Russia sanctions bill by an 86-11 vote that could allow the US President to impose tariffs of up to 100% on countries that continue to buy significant amounts of Russian oil and gas. India is…
New Delhi: For most Indians, paying through UPI has become almost invisible. Scan a QR code, enter the amount, tap the button and the payment is done. There is usually no extra charge staring back at the consumer. But behind that simple payment sits a very large business and technology network. UPI processed 24,161.69 crore transactions worth ₹314.23 lakh crore in FY2025-26, according to government data. By June 2026, the platform had 55.49 crore users. That is a huge amount of financial activity happening on a system where standard UPI payments do not come with a conventional transaction fee for…
New Delhi: For most travellers, an airport is simply where a journey begins. You check in, clear security, grab a coffee, perhaps browse a bookstore or duty-free shop, and wait for boarding. But behind that familiar routine lies one of India’s fastest-growing retail businesses. Today’s airports are not just transportation hubs. They have become commercial destinations. Amenities such as retail, dining and premium services now compete with the movement of aircraft. As a result, the more time each of our customers spends inside the terminal, the more opportunity we have to generate an additional stream of revenue. The numbers. Belmont…
New Delhi: For many Indians, a conflict in the Middle East may seem a geopolitical event that is quite far away. However, for India’s economic prospects, it is closer to home than one might think. Whenever tensions in the Gulf region flare up, one number starts hovering in the minds of businesses, policymakers and financial investors, and that one number is crude oil prices. The answer is simple: India is one of the world’s biggest oil-importing countries, with more than 85% of its consumption coming from the Gulf region and beyond. The Ministry of Petroleum and Natural Gas reports that…
New Delhi: In India, subscriptions used to be mainly for newspapers, cable television or magazine deliveries. In today’s world, they are one of the most crucial business strategies in all industries. From streaming entertainment to grocery delivery, cloud software to AI, fitness to financial services, businesses are increasingly shifting from a single sale to monthly or annual recurring payments. It’s because there’s a clear revenue stream in subscriptions. Rather than having to convince customers to make repeated decisions to purchase, businesses are able to generate consistent revenue and develop long-term customer relationships. With the increasing costs of customer acquisition and…
New Delhi: For decades, the spice business in India was mostly represented by turmeric, chilli powder, coriander and garam masala packets on the supermarket shelves. But the industry is quietly changing today. Spice companies are no longer just selling the basics in the kitchen. Rather, they have been moving into higher-margin and more exportable premium seasoning blends, spice oils, oleoresins, and food ingredients and ready-to-cook products. The number indicates the magnitude of the change. India is the top producer, consumer and exporter of spices accounting for about 75 per cent of the 109 spice varieties recognised by the International Standardization…
New Delhi: With AI playing an increasingly prominent role in daily digital interactions, technology firms are encountering a fresh challenge: establishing user trust. AI tools are changing rapidly, but users and regulators are asking questions about the use of their personal data and whether they have any control over it. The balance became apparent this week when Meta pulled a recently launched AI image-generation tool shortly after its release. The tool was part of the company’s new Muse Image model, which enabled people to create AI images based on photos from public Instagram accounts. It was soon criticized for privacy…
New Delhi: India’s clean energy manufacturing goals are becoming more of a competition between states to lure big investments in solar, battery storage and other related technologies. With the demand for renewable energy infrastructure growing, state governments are racing to create integrated manufacturing ecosystems that can serve local needs and exports. Tamil Nadu has made yet another stride in that direction with a proposed investment of ₹15,037 crore by Vikram Solar in the SIPCOT Gangaikondan Industrial Park in Tirunelveli. The investment, which was announced in a memorandum of understanding (MoU) signed with the state government, will create approximately 2,670 direct…
New Delhi: With the ongoing increase in electricity demand, India is increasingly looking for consistent energy supplies. Nuclear is now more recognised as a key component of the nation’s long-term energy mix with solar and wind energy playing a prominent role in the country’s clean energy goals. That is as crucial as building new reactors as a fuel security. In this background, India and Australia have agreed to make it easier for India to use Australian uranium for its civilian nuclear programme. It follows almost 12 years of the two countries signing the landmark Civil Nuclear Cooperation Agreement in 2014.…
