Business – Page 80 – THE ECONOMIC INDIA

28 Jul

Is India’s Middle Class Paying More but Saving Less?

BusinessBusiness

New Delhi [India], July 28: India’s economy remains one of the fastest growing among the major economies. Wages have risen in many industries, jobs have been steady and consumer spending is a major component of economic activity. That’s good news for the nation’s middle class, on paper. However, the monthly budget is not the same for many families. The grocery bill has increased from 2 years ago. School fees continue to rise. Healthcare costs have increased, home loan EMIs are high and even small monthly subscriptions are a silent drain on the household budget. While salary increases are beneficial, they’re…

28 Jul

Mold-Tek Packaging Limited Q1 profit increased by 14.17%

BusinessBusiness

Hyderabad (Telangana) [India], July 28: The Hyderabad-based rigid Plastic Packaging Company posted a net profit of Rs. 25.57 crore for the quarter ended June 30, compared with Rs. 22.40 crore a year earlier. Revenue increased by 24.90% year-on-year to Rs. 300.45 crore from Rs. 240.56 crore. EBITDA increased by 19.10% to Rs. 56.43 crore, while the EBITDA per kg reached “HISTORICAL HIGH” of Rs. 46.68 in Q1 FY27, compared with Rs. 41.64 per kg in Q1 of FY26, driven by better capacity utilisation, consolidation of Hyderabad Units and higher contribution from the high-margin Pharma Packaging business. Profit before tax increased by…

28 Jul

Where the Hotel Lobby Becomes a Classroom

BusinessBusiness

Parvinder Bual, K Mohanchandran, Suhel Seth, Anindita Chatterjee others at Taj Hotels-Prabha Khaitan Foundation Prayas MoU signing. Sushmita Sen with young recruits Kolkata (West Bengal) [India], July 28: At most hotels, the welcome is where hospitality begins. At Taj Bengal this week, it was also where something bigger began — a partnership that puts young adults with special needs at the very front of the house, greeting guests, serving welcome beverages and discovering, often for the first time, what they are capable of in a professional workplace. It is like a classroom at the front desk with a concierge. Prabha…

28 Jul

Why Subscription Bills Keep Increasing

BusinessBusiness

New Delhi [India], July 27: Whether it’s Netflix and Amazon Prime or Spotify, YouTube Premium, Google One, Microsoft 365, ChatGPT Plus, or memberships such as Zomato Gold, subscriptions have become a part of everyday life. Those small monthly bills are now getting to be big bills, and many consumers are asking themselves, why are bills going up? The solution is a combination of increasing costs for businesses, evolving consumer preferences, and the economics of the subscription business model. The Subscription Economy Is on the Rise. India’s digital subscription market has grown at a fast pace in the last couple of…

28 Jul

Why Prices Still Feel High Even as Inflation Falls

BusinessBusiness

New Delhi [India], July 28: Even a trip to the grocery store or a restaurant meal is still a bit more expensive than it was a year ago for many families. However, news reports frequently state that inflation is moderating. So, when inflation is declining, why does everything still seem so costly? The answer is simple. Inflation is about the rate of price increases, not the rate of price decreases. Lower inflation rate indicates that prices are rising less rapidly than previously, but they are still rising. The retail inflation in India, based on the Consumer Price Index (CPI), rose…

27 Jul

Emerge Renewables Marks a Historic Milestone with Furnace Light-Up of North India’s First Dedicated Solar Glass Manufacturing Plant

BusinessBusiness

New Delhi [India], July 27: Emerge Renewables proudly celebrates successful furnace light-up of its state-of-the-art solar glass manufacturing facility at Keshwana Industrial Area, Kotputli-Behror in Rajasthan. This landmark event marks, commissioning of North India’s first dedicated solar glass manufacturing plant, reinforcing India’s vision of self-reliance in renewable energy generation, strengthening domestic solar panel supply chain, reducing dependence on imports and contribute to nation’s clean energy ambitions. Backed by 22 years legacy of Alstone Group and 14 years of Emerge Glass, Emerge Renewables, combines decades of expertise in glass manufacturing with cutting-edge technology to deliver world-class solar glass solutions, that meet…

27 Jul

Iced Jewelz Reports 26% Demand Surge as Streetwear Creators Swap Mined Diamonds for Moissanite

BusinessBusiness

London [United Kingdom], July 27: The criteria for high-end streetwear and luxury fashion are undergoing a shift. Traditional expectations around high-cost, mined gemstones are making way for a resilient alternative that delivers matching prestige and superior optics. Today, a growing contingent of musicians, athletes, and culture curators are choosing high-grade VVS Moissanite over mined options to express their personal style. According to luxury designer platform Iced Jewelz, the brand has seen increased traction within the high-ticket streetwear ecosystem by challenging conventional jewelry economics. A Generational Transition in Streetwear Culture The image of heavy, custom hip-hop jewelry is being reimagined by…

27 Jul

Iced Jewelz Reports 26% Demand Surge as Streetwear Creators Swap Mined Diamonds for Moissanite

Shruti JoshiBusiness, Press Release

London [United Kingdom], July 27: The criteria for high-end streetwear and luxury fashion are undergoing a shift. Traditional expectations around high-cost, mined gemstones are making way for a resilient alternative that delivers matching prestige and superior optics. Today, a growing contingent of musicians, athletes, and culture curators are choosing high-grade VVS Moissanite over mined options to express their personal style. According to luxury designer platform Iced Jewelz, the brand has seen increased traction within the high-ticket streetwear ecosystem by challenging conventional jewelry economics. A Generational Transition in Streetwear Culture The image of heavy, custom hip-hop jewelry is being reimagined by…

27 Jul

Unstop Launches Seven AI Agents to Automate End-to-End Enterprise Hiring

BusinessBusiness

90% Faster Shortlisting. 99.9% Cheat Detection. Zero Manual Bottlenecks. New Delhi [India], July 27: Unstop, India’s leading early-talent hiring and B2B recruitment platform, today announced the launch of seven purpose-built AI agents that automate the complete enterprise hiring lifecycle from candidate sourcing and resume screening to assessments, interviews, and secure proctoring. Working together, the AI Sourcing Agent, AI Screening Agent, AI Calling Agent, AI Assessment Agent, AI Interview Agent, AI Scheduling Agent, and AI Proctoring Agent eliminate repetitive manual work, helping recruiters hire faster, at scale, without compromising on candidate quality or assessment integrity. Trusted by 30,000+ recruiters across organizations…

27 Jul

From #MakeShowersGreatAgain to #EvenTheRocksSmile: How Cocky Is Making Men’s Grooming Fun Again

BusinessBusiness

Gurugram (Haryana) [India], July 27: From parodying Donald Trump’s iconic campaign slogan with #MakeShowersGreatAgain, to imagining Mount Rushmore breaking into a smile in #EvenTheRocksSmile, and creating bold, conversation-starting photoshoots that challenge the conventions of men’s grooming advertising, Cocky is fast emerging as one of India’s most distinctive new-age brands. Every campaign is designed to entertain first and sell second, proving that grooming doesn’t have to take itself so seriously. In an industry where most brands compete over ingredients, percentages, and before-and-after photos, Cocky has chosen to compete for something far more valuable: attention. The men’s grooming and wellness brand is building a reputation for…