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Maruti Suzuki, Hyundai Motor, Tata Motors and Renault India posted the highest-ever share of sales from rural markets in calendar year 2023 amid improved consumer sentiments and better liquidity among the rural rich. However, inflationary pressures weighed on rural demand for fast-moving consumer goods and consumer durables. While the share of rural sales at Maruti Suzuki, the country’s top carmaker, rose to 45% in CY2023, it stood at 19.1% at Hyundai and 40% each at Tata Motors and Renault India respectively. Senior industry executives ET spoke to said even in the rural markets, the gap in incomes between varied sets of consumers has been triggering demand more at the higher end of the market, which is expected to eventually percolate down and make broad based the recovery over the next few quarters. “Rural markets outpaced urban centres (at Maruti Suzuki) last year growing by 10.4%.

The more the U.S. government worries about China’s ambitions in the chip industry, the more equipment for making chips that China seems to buy. When ASML, the Dutch company that makes the world’s most advanced lithography machines for manufacturing microchips, reports fourth-quarter results next week, one of the most eye-catching numbers will be the share of sales it made in China.

MILAN — Milan Fashion Week of menswear previews for the next cold weather season closed on Monday with Armani and Zegna, the A-to-Z of Italian men’s fashion.

After a positive year with S&P 500's performance exceeding 20%, slow starts, like the one we've encountered, are a common occurrence.

This pocket-sized, AI-powered retro assistant, priced $200, sold out its initial batch of 10,000 units in a day after its launch at the tech show in Las Vegas. The handheld device is meant to manage your smartphone apps for you with the use of a large action model, an AI model that navigates app interfaces to perform tasks. It responds to voice commands and is capable of activities like booking rides, managing household tasks, and answering queries. Here’s an ET Explainer by Subhrojit Mallick on what the hype around Rabbit R1 all about. Who is Rabbit?Rabbit Inc, the maker of this AI-powered gadget, is a

Sachin Tendulkar has become the latest victim of deepfakes after a video went viral showing the former Indian cricketer endorsing a gaming app called Skyward Aviator Quest. In the video, Tendulkar is seen promoting the app saying his daughter Sara uses it to make daily gains to the tune of Rs 1.8 lakh by predicting the outcome of the game.

President can make an increasingly strong case that he’s helped fix inflation.

A war of words has erupted the day after Taiwan’s presidential election

MILAN — Fast and slow, Milan designers experimented with pacing for next fall and winter, many falling on deliberate and somber collections with a focus on a tailored silhouette.

Russian authorities say that a huge fire tore through a large warehouse used by Russia's largest online retailer south of St. Petersburg

MILAN — Milan designers are reflecting on a troubled world with collections that mark a return to serious business attire, even from active wear brands, and away from frivolity.

Fox News has stopped running MyPillow commercials in a payment dispute with chief executive and election denier Mike Lindell

Someday soon, someone will be walking down the street proudly carrying a ludicrously capacious bag, bought for a ludicrously capacious price

The new Prada menswear collection for next fall and winter unveiled on the third day of Milan Fashion Week menswear previews has marked the return of the seasons as a point of renewal of the spirit

Gold and silver started Monday’s session a touch higher, before easing off their best levels at the time of writing.

By Lisa Richwine

By Andrew Mills and Maha El Dahan

MILAN (Reuters) — The opinion of Italian businesses on the prospects for the economy improved in the fourth quarter of 2023 compared with the previous three months, the Bank of Italy said on Monday, as inflation expectations eased sharply.

By Eduardo Baptista

₹40,101 DMart achieved in Q3FY20," said analysts from Nuvama Institutional Equities. DMart added five new stores last quarter taking the total count to 341 with a retail business area of 14.19 million square feet. For the nine-month ended December, 17 stores were added vis-à-vis 22 in the same period last year.

Donald Trump is looking to seal the deal. Three other Republicans are hoping to slow his march toward the Republican nomination. That's the set-up for Monday's Iowa caucuses, the first nominating contest of the 2024 election.