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office space leasing of 83-85 million sq ft, beating the previous peak volume of 2023 by 13% y-o-y. According to Cushman & Wakefield, India’s rising attractiveness as a destination for GCCs has had a big influence on demand, as GCCs now account for 30% of gross leasing volume (GLV), with the share slated to rise further. Growth was also driven by healthy volumes seen in the IT-BPM, BFSI, Engineering & Manufacturing (E&M) and flex operator spaces.

luxury brands are increasingly eyeing India as a key market for their expansion, tapping into the country's growing appetite for premium products. As wealth rises and aspirations soar, India is emerging as a critical battleground for luxury retailers, a trend that has only accelerated since the pandemic. One of the most significant shifts in the luxury landscape is the influx of global brands aiming to diversify their markets. With China facing an economic slowdown, luxury giants are now looking beyond their traditional markets, and India is quickly becoming one of their top choices. «India is one of our fastest growing markets though our presence is currently concentrated in Delhi and Mumbai. Over the next decade, we anticipate India to become one of the most promising markets for the luxury industry, particularly for fine watches,» Jean-Marc Pontroue, CEO of Panerai, told ToI.

Subscribe to enjoy similar stories. Recent charges of bribery by a US government agency against the Adani Group and its leadership have cast an unexpected spotlight on the Solar Energy Corporation of India—until now a relatively unknown company run by the central government. SECI was set up as an ‘implementing’ agency under the National Solar Mission.

China has reported its economy logged a mixed performance in November, with retail sales slowing as consumers refrained from spending on non-essentials like cosmetics, alcohol and jewelry

Subscribe to enjoy similar stories. Faced with rising social frustrations and public unrest, China’s leaders are ramping up security measures and squelching discordant views on the country’s economic health.

Subscribe to enjoy similar stories. Vietnam found the sweet spot in the global economy during President-elect Donald Trump’s first trade war with Beijing: smack in the middle of the U.S. and China.

“Both gold and silver have gained ~30% over the last one-year period. Global uncertainties including the US election led to a rally in gold as it is considered as a safe haven,” says Deepak Ramaraju, Senior Fund Manager, Shriram AMC. In an interview with ETMarkets, Ramaraju said: “Silver, on the other hand, may witness momentum on the back of its usage in various industrial applications including electronics, solar panels for renewable energy, advanced healthcare and electric vehicles,” Edited excerpts: Geopolitical concerns and political uncertainty in some of the countries weighed on markets in early December. What is your take on the markets? Markets have witnessed several challenges in the recent past — Russia Ukraine war, the escalation of Israel Palestine conflict, the invasion of Syria etc. However, these geo-political conflicts affect the commodity supply chain, currency movement and inflation.

Subscribe to enjoy similar stories. New Delhi: Gross refining margins (GRM) of public sector oil marketing companies (OMCs) have fallen by up to 80% in the first half of this financial year, showed data from the Petroleum Planning & Analysis Cell (PPAC), amid shrinking discounts of Russian oil and declining prices in global markets, experts said. Mangalore Refinery and Petrochemicals Ltd, a public sector enterprise under the Union petroleum ministry and a subsidiary of Oil and Natural Gas Corp.

Subscribe to enjoy similar stories. India's chess prodigy Gukesh Dommaraju scripted history on Thursday, outsmarting reigning champion China's Ding Liren to become the youngest world champion after a fortnight-long battle of nerves and knack. As the news poured in from Singapore, marketers had found a new mascot.

chess prodigy earned the distinction of becoming the youngest world chess champion in history. Gukesh secured this prestigious title after outsmarting China’s Ding Liren in a decisive Game 14. The match, initially poised for a draw, took a dramatic turn when Ding made a critical error akin to self-sabotage. Gukesh capitalized on the mistake, swiftly claiming victory.

D Gukesh but he doesn't play the game for material gains but for that unbridled joy, which he has been able to retain since the time a chess board used to be the «coolest toy» for him. Gukesh, the 18-year-old from Chennai, is now richer by Rs 11.45 crore which he will receive from FIDE as prize money for beating Ding Liren of China in the final. Gukesh's father Rajnikanth gave up his career as an ENT surgeon to accompany his son on the circuit while mother Padmakumari, who is a microbiologist, became the sole earner of the family.

NATO Secretary General Mark Rutte criticised China's stance towards Taiwan and said that «China is bullying Taiwan, and pursuing access to critical infrastructure in ways that could cripple societies.» The remarks by Rutte came while delivering a speech at Carnegie Europe think tank in Brussels on Thursday. He said, «We need to be clear-eyed about China's ambitions. China is substantially building up its forces, including its nuclear weapons — with no transparency and no limitations. From 200 warheads in 2020, China is expected to have more than 1,000 nuclear weapons by 2030. Its space-launch investments are skyrocketing. China is bullying Taiwan, and pursuing access to our critical infrastructure in ways that could cripple our societies»

Russian crude oil dropped in November to its lowest level since June 2022 but the Kremlin continues to be the biggest source of oil for India, according to a monthly tracker report of a European think tank. India became the second biggest buyer of Russian crude oil since Moscow invaded Ukraine in February 2022, with purchases rising from less than one per cent of the total oil imported to almost 40 per cent of the country's total oil purchases. The rise was primarily because the Russian crude oil was available at a discount to other internationally traded oil due to the price cap and the European nations shunning purchases from Moscow. «India's imports of Russian crude oil dropped by a massive 55 per cent in November — the lowest figure since June 2022,» the Centre for Research on Energy and Clean Air (CREA) said its latest report.

Subscribe to enjoy similar stories. In speculative fiction writer China Mieville’s novel The City and The City (2009), a police inspector in the fictional East European city-state of Besźel investigates the murder of a student involved in political turmoil between his nation and its "twin city", Ul Qoma—two separate social, cultural and political entities that exist parallelly, often occupying the same geographical space, but divided by harsh, unbreachable laws that ask residents of both cities to ‘unsee’ the other.

On social media, a 40-second video is going round which shows several people checking the BYD facility and showing the Cybertruck to view it from all sides and angles. The car examined was a Foundation Series Cybertruck, and all tailgates, interiors, and exterior features were keenly analyzed. This is one of the early prototypes that would prove useful for BYD on knowledge acquisition into Tesla's design and technologies.

Barron Trump might be forming a pretty close friendship as it was revealed by the mother of Elon Musk named Maye Musk while she was appearing on Fox Business, reported Daily Beast. According to Daily Beast, she eventually shared that the two bonded over their shared interest in space during the Thanksgiving dinner at the Mar-a-Lago residence while discussing topics such as interplanetary colonization and why Mars is the ideal location for establishing a new civilization. Maye Musk also expressed her admiration for Barron Trump while noting his intelligence and how they engaged in conversation throughout the evening. Also Read:This famous Chinese EV maker was trying to copy Tesla's Cybertruck in one of its facilities, video goes viral

According to Pure Won, following a pretty challenging year, she is gradually re-establishing her routine while she recently hosted her annual holiday concert named ‘Together at Christmas’. Eminent sources indicate that both Kate Middleton and Prince William are eventually preparing for their future roles specifically in light of King Charles's recent cancer diagnosis which has prompted a shift in responsibilities within the royal family. Also Read:This famous Chinese EV maker was trying to copy Tesla's Cybertruck in one of its facilities, video goes viral

Xi Jinping has reportedly declined Donald Trump's invitation to attend the upcoming presidential inauguration in Washington, D.C. No explanation has been provided by Chinese officials regarding Xi Jinping's decision not to attend the inauguration. This decision comes as a significant blow to Trump's plans for a spectacular swearing-in event on January 20th, which he had hoped would turn into a global spectacle. According to State Department records, this would have marked the first time a foreign head of state has ever attended a U.S. presidential inauguration.

When your mother, sister, wife, or concubine remonstrates against your slovenliness, you barely take notice. But when your only child — who, just a year ago, thought you were as glamorous as Suga of BTS fame — passes a fatwa on your attending the annual parent-teacher mash-up, you evaluate your sartorial style. As a consolation, I remembered that I had asked the same of my father 40 years ago. In my father's case, it was the opposite. I was afraid he would get his bow tie out once more, like Karan Thapar. I have held the firm belief that sartorially I could carry anything off. Here, my idol was Saul Bellow, who was said to be always dressed like a tout at the racetracks while giving lectures. My style has been basic, based on comfort and frugality. As a younger son, I wore cast-offs from my father and brother. I certainly knew what Eliot meant when he wrote in The Love Song of J Alfred Prufrock: 'I will wear the bottoms of my trousers rolled.'

Priced at half that of their imported counterparts, the Indian toy doesn’t just match but “rivals the foreign brands feature-for-feature”, exclaim the Shettys. The kids, who got to add to their treasure trove of mostly imported dart blasters, are happy too. That is the sweet spot that India’s reviving toy industry has captured, and in a rather quick time too. In just four years, India has cut toy imports from China, a nation that has long dominated the global market, by an impressive 80%. A mix of high tariffs and stringent quality checks helped. Between FY20 and FY24, India sharply increased customs duty — from 20% to 70%. It also enforced the Quality Control Order (QCO), a regulation mandating stringent safety standards for all toys, whether domestically produced or imported. Result: In FY20, India had imported Chinese toys worth $235 million, a figure that plunged to just $41 million by FY24. It has also evolved into a net exporter of toys.

A federal appeals court has left in place a mid-January deadline in a federal law requiring TikTok to be sold or face a ban in the United States