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Subscribe to enjoy similar stories. NEW DELHI: “Faster, more flexible and more focused." That’s what Nestlé India chairman and managing director (MD) Manish Tiwary wants the packaged foods company to become. Less than a year at the company, the former Amazon India country manager and Unilever executive plans to achieve these goals by making the company more tech-ready across operations, improving its reach in the urban and rural markets, and using micro-markets to step up innovation and premium launches.

Subscribe to enjoy similar stories. What do the following three companies have in common? Stellantis, owner of the Fiat, Jeep and Chrysler brands; Merck, which makes the world’s bestselling cancer drug; and Barry Callebaut, a Swiss chocolate-maker, which is particularly proud of its ruby flavour, neither sweet nor bitter. One answer: their capital-expenditure (capex) plans.

Subscribe to enjoy similar stories. The total number of billionaires across the globe reached new heights in 2025, due partly to the soaring valuations of tech companies and rising stock markets, according to a new study by Swiss banking giant UBS. Some 2,900 billionaires now control $15.8 trillion, up from about 2,700 billionaires with a cumulative wealth of nearly $14 trillion a year earlier.

While some items may seem niche or indulgent, they’re part of daily routines and cultural habits that touch millions of households. And the costs are set to climb.

Global investors have yearned for clarity over U.S. President Donald Trump's tariffs, but now they have it, they don't much like what they see. As part of his «Liberation Day» on April 2, Trump slapped hefty tariffs on major trading partners, plunging markets into turmoil, just as investors parse through the first new quarterly earnings, along with Chinese inflation data, waiting for the rest of the world to respond.

Trump said he would impose a 10% baseline tariff on all imports to the United States and higher duties on some of the country's biggest trading partners. The tariffs will take effect on April 9 and appeared to target about 60 countries.

global trade tensions and sparking uncertainty in markets worldwide. These tariffs, designed to counter what Trump calls unfair trade practices, are expected to reshape global commerce in a significant way.

Subscribe to enjoy similar stories. A POLITICIAN promised to open his poor country for foreign investment and wean it off aid, while Tony Blair nodded sagely. Standard fare for Davos—except that two months earlier the politician, Asaad al-Shaibani (pictured), was a member of a jihadist group blacklisted by the UN.

Asad Lalljee, CEO of arts and culture platform Avid Learning, and his wife, holidays aren’t about ticking off Instagram-worthy hotspots — it’s about curating unforgettable experiences. Whether it’s staying in a madrasa-turned-hotel in Uzbekistan, attending a sushimaking workshop in Tokyo or doing a conscious safari at Bagh Villas in Madhya Pradesh, their family holiday is designed to be a rich and unique journey. And he’s not alone. Lalljee has noticed a shift among family and friends increasingly favouring “meaningful and immersive travel, where unique experiences take precedence over traditional tourist attractions”, he says. While private jets to Maldives, Switzerland and London are still popular, for many discerning highend travellers, the new definition of luxury travel is about seeking journeys that leave an imprint beyond social media feeds.

Lakshmi Mittal is weighing the possibility of leaving the UK following the government’s decision to end tax benefits for non-domiciled residents. If he proceeds with this move, he will be among the wealthiest entrepreneurs to leave due to tax reforms. According to a Financial Times report, Mittal, who has lived in the UK for nearly 30 years, is assessing his options in response to the Labour government's decision to abolish the «non-dom» tax regime. This policy allowed certain UK residents to avoid taxes on foreign income and gains. “He is exploring his options and will take a final decision over the course of this year,” said a close associate. “There is a good chance he will cease to be a UK tax resident.” The billionaire and his family ranked seventh on the Sunday Times list of Britain's wealthiest individuals last year, with an estimated fortune of £14.9 billion. He owns multiple properties across Europe, the US, and Asia, including a chalet in St Moritz, Switzerland, and has recently been investing in Dubai real estate.

Delhi High Court on Wednesday asked Natco Pharma to maintain status quo on the launch of its drug Risdiplam till April 2. Risdiplam is an oral medicine for spinal muscular atrophy in patients two months of age or older. A Division Bench led by Justice Hari Shankar asked Hyderabad based generic drug manufacturer to hold on its hands till it heard the case on April 2. Swiss multinational F. Hoffmann-La Roche AG's had appealed against a single judge order that had refused to stop Natco Pharma from manufacturing Risdiplam in India for the rare disease.

shares rose on Tuesday as investors awaited a German survey that could indicate the recent historic debt deal was improving business morale in the region's largest economy. The pan-European STOXX 600 index was up 0.3% at 0815 GMT. Most sectors advanced, with banks and energy being among the top gainers.

Paris. Cafes are bustling, the economy is showing signs of improvement and a shiny (stair-free) metro expansion is making the 15-minute city even more accessible. Yet there’s also the faintly audible sound of wealth on the move: Two locals inform me of plans to leave, one to Dubai and the other to Switzerland. In a similar vein to London’s fleeing non-doms and Brexit banking exiles, Paris is going through its own dose of ras-le-bol fiscal — the moment when the proverbial tax straw breaks the camel’s back — in President Emmanuel Macron’s twilight years. Taxes are going up on big business and the wealthy; Marine Le Pen is the presidential contender to beat in 2027; parliament is gridlocked and still fighting over pension reforms that tore the country apart in 2023. After an extraordinary run for Paris as the euro area’s investment-banking hub of choice, with the number of French financiers on seven-figure salaries almost doubling in four years, hiring plans are being put on ice.

Delhi High Court on Monday rejected Swiss multinational F. Hoffmann-La Roche AG’s petition seeking to temporarily restrain Natco Pharma from infringing its product patent for Risdiplam compound used for treating spinal muscular atrophy. The court noted that the Roche’s approved drug Risdiplam, which is marketed under the name ‘Evrysdi,’ is not available at an affordable prices, thus the public interest would be to outweigh the need for grant of injunction (restraint order). Roche had sought interim injunction against Natco Pharma to restrain infringement of its patent titled «compounds for treating spinal muscular atrophy». The multinational company claimed that its suit patent has a term of 20 years from May 11, 2015 and expires on May 11, 2035.

International Olympic Committee for Kirsty Coventry. The first woman president elected in the IOC's 131-year history began Friday in a breakfast meeting with Thomas Bach to start their transition. The formal handover is on Olympic Day, June 23. They agreed Coventry will take precedence in major IOC decisions in the next three months. The 41-year-old sports minister of Zimbabwe will soon resign her government position and plans to move with her family in April to the Olympic home city, Lausanne in Switzerland. Here's a look at some of the issues ahead: Equality for women Coventry's victory is the biggest statement of Bach's consistent policies to promote women in Olympic sports and politics.

foreign central banks and others confront the spillovers from President Donald Trump's fast-moving effort to rewire international trade. With analysts in the U.S. noting the stagflationary direction of the U.S. outlook — weaker output and higher prices — central banks globally are parsing what the fallout may mean for them.

Subscribe to enjoy similar stories. The Bank of England left its key interest rate unchanged, with major economies on both sides of the Atlantic confronting a nasty mix of faltering economic growth, rising inflation and President Trump’s trade threats. The BOE left the rate at 4.5% on Thursday, matching the Federal Reserve’s move a day earlier.

Subscribe to enjoy similar stories. Last year Roche, a Swiss pharmaceutical firm, published a review of the clinical trials on neurological drugs it had held between 2016 and 2021. It found that black people were under-represented in all but one.

“Ashok Talpatra was my hostel mate at IITB. His parents earned less than 10K/month, and they lived in a slum for 500 INR/month. He cracked AIR 63 out of 4.7L students and is now a Staff Software Engineer at Google in Zurich. IITs are India’s biggest social mobility enablers,” Bhatnagar posted on X (formerly Twitter).

Subscribe to enjoy similar stories. UBS said it will start the most complex part of its Credit Suisse integration in the coming months, as the banking giant deals with uncertainty amid global trade tensions and Swiss proposals to tighten capital rules. The Swiss banking group will begin the migration of former Credit Suisse client accounts in Switzerland to the UBS platform in the second quarter, it said in its annual report published Monday.

fifth most polluted country, and demanded that all «anti-people» environmental law amendments over the past 10 years be rolled back. In a statement, Congress General Secretary (Communications) Jairam Ramesh said the Swiss air quality technology company IQAIR has just released its 2024 World Air Quality Report which finds that India is the world's fifth most polluted country. The Rajya Sabha MP said in his statement that according to the report, India's population-weighted average concentration of fine particulate matter is 50.6 g/m3 which is 10 times the WHO's annual guideline level of 5 g/m3. He claimed that according to the report, 74 of the world's 100 most polluted cities are in India, and national capital New Delhi is the second-most polluted city in the world after Brynihat in Meghalaya. «Among the lesser-known tragedies of the non-biological PM's reign is the rapidly deteriorating air quality nationally and the inattentiveness and policy chaos that has characterised the government's response to it,» he said in his statement. Ramesh cited several studies in the past about air pollution-linked fatalities in the country.