IKEA to roll out 10,000 sq ft compact stores for smaller cities across India in major retail strategy shift

Furniture giant IKEA is planning to roll out smaller, compact-format stores, marking a “huge shift” in its strategy, to be more accessible for Indian customers. The company, currently in its second phase of growth in India, will be expanding across smaller cities in the country through a network of small-format stores developed according to the…

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Sky-high chaos: Pakistan’s move forces Indian flights into Rs 307 crore turbulence per month

NEW DELHI: Indian airlines are staring at additional weekly operational expenses of approximately Rs 77 crore due to closure of Pakistan airspace, amid escalating tensions in the aftermath of the Pahalgam terror attack.The closure is forcing airlines to take longer alternative routes, increasing fuel costs and flight durations significantly.Based on the number of international flights…

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Donald Trump calls India-born Democrat Rep Shri Thanedar ‘lunatic, dumb guy’ over impeachment filing

NEW DELHI: US President Donald Trump on Tuesday lashed out at India-born Democrat Shri Thanedar, the Michigan congressman who filed impeachment articles against him, calling him a “lunatic” during a public appearance in Michigan.Speaking during a visit to Selfridge and later at a rally at Macomb County Community College, Trump mocked Thanedar, saying, “They did…

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Stock market holidays 2025: Are NSE and BSE closed on May 1, 2025?

Stock market holiday (AI image) Stock market holidays 2025: Indian stock exchanges, including the National Stock Exchange (NSE) and the BSE, will remain closed on Thursday, May 1, 2025, observing Maharashtra Day, a regional holiday commemorating the formation of Maharashtra state in 1960.Trading across all segments, including equities, equity derivatives, currency derivatives, and securities lending…

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After suspending Indus Waters Treaty, India may oppose IMF’s $1.3-billion loan to Pakistan

Pakistan and the IMF reached an agreement in July 2024 for a $7-billion package under the extended fund facility. (AI image) India-Pakistan tensions escalate: India may challenge a proposed $1.3-billion International Monetary Fund (IMF) loan for Pakistan at the forthcoming board meeting of the global institution, according to three sources privy to the deliberations.On May…

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Should you buy gold this Akshaya Tritiya? Avoid investing in gold purely based on its recent performance – here’s why

Gold’s ability to deliver high long-term returns significantly declines over time. (AI image) By Chethan ShenoyGold buying on Akshaya Tritiya: Traditionally, Gold has always been considered a safe haven asset for investors, offering protection during times of uncertainty. But it is important to understand that it a sentiment driven asset.The price of gold is not…

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