Author: TI Editor
New Delhi: Spain’s Inditex Group has expanded its footprint in India with the launch of Bershka, its third fast-fashion brand in the country, aimed at young, trend-conscious shoppers. The first Bershka store has opened at Mumbai’s Phoenix Palladium mall, alongside the brand’s online debut in India.Part of Inditex, the world’s largest listed fashion company, Bershka sits at a lower price point than Zara, catering to a younger demographic. Inditex’s global portfolio includes brands such as Zara, Pull&Bear, Massimo Dutti, Stradivarius, Oysho, and Zara Home.Read this | Ripped jeans, crop tops: It’s Gen Z time for fashion retailersUntil now, Inditex has operated…
If you have a poor credit score, say 650 or lower, it is not easy to procure a loan from a bank. And if you are lucky — the bank or a non banking financial corporation (NBFC) may charge a higher rate of interest for approving the loan.Meanwhile, if you are planning to raise a large loan sometime next year or towards the end of this year, you may make a conscious attempt to push your credit score upward. There are certain tried and tested ways to improve your credit score. These include reducing credit utilisation, clearing off debt, taking…
Spicejet Q3 Results 2025:Spicejet has declared its Q3 results for the fiscal year 2025 on 25 Feb, 2025. The company’s topline saw a significant decrease of 35.39%, with a profit of ₹20.44Cr reported. This marks a stark contrast to the loss of ₹298.63Cr recorded during the same period in the previous fiscal year. Notably, when compared to the previous quarter, the revenue grew by 35.22%.In terms of expenses, Spicejet has successfully reduced its selling, general, and administrative expenses by 5.47% quarter-on-quarter and by 27.31% year-on-year. This reduction in expenses is a positive sign for the company’s operational efficiency.The operating income…
With gold prices rising rapidly, there are investors who are contemplating investing into the precious metal with an intent to earn profits in the near future. While most investors use a debit card or UPI payments to buy gold, some also prefer to use credit cards for these payments as well.However, is it advisable to use a credit card for buying jewellery? Well, it does not harm so long as you don’t accumulate too much interest in it. Since credit cards levy a high rate of interest (sometimes as high as 2 to 3 percent per month), this will be adjusted against the increase…
If you are planning to raise a personal loan, remember that there are certain reasons for which it is not unreasonable to take a loan. For instance, when there is an emergency at home or a wedding. Additionally, there are some people who do not refrain from taking a loan for going on a vacation as well. Additionally, it is not uncommon to take out a loan for buying a luxury item.So, if you too are wondering which are the key purposes for which it is not irrational to take out a loan — then we have prepared a short list for…
JP Morgan CEO (Chief Executive Officer) Jamie Dimon, who recently sparked a controversy for his stance on remote work, has reiterated his belief saying that work from home is not always the way to go.In a recent interview with CNBC, Dimon talked about an earlier town hall with employees of JP Morgan Chase, where he was heard cursing and going on a long rant when a worker floated a petition against the company’s return to office policy.He said that he respects people who do not want to go to office five times a week, adding that it is a citizen’s…
According to a new report, HVS Anarock HOPE 2025 Special, shared exclusively withMint, over 47,500 hotel rooms were signed across more than 486 properties in 2024—marking a record year for expansion. Notably, 74% of these signings were in tier-II, III and IV cities, up from 65% in 2019. As economic activity shifts and connectivity improves, hotel chains are aggressively expanding into these cities. Lower development costs and rising demand for branded accommodations make these emerging markets attractive to developers eager to tap into India’s next wave of hospitality growth. Also read | Larisa Hotels eyes expansion after merger with AM…
US President Donald Trump on Tuesday announced the idea of launching a “gold card”, which could replace the EB-5 visa program and the green card issued through it for immigrants.Talking to reporters at the Oval Office, Donald Trump said that the gold card visa will allow foreign investors to invest large sums of money and create or preserve US jobs to become permanent residents.“We are going to be selling a gold card… We are going to be putting a price on that card of about $5 million,” Trump said.“It’s going to give you green card privileges plus it’s going to…
SpaceX’s Falcon 9 on Ferbaury 27 successfully launched Intuitive Machines’ IM-2 mission, transporting the Athena lander from NASA’s Kennedy Space Center.The lunar lander is aiming to reach the moon’s south pole, where it will deploy a drone to hop into a jet-black crater that never sees the sun. Intuitive Machines’ lander is on a fast track to the moon, with a landing scheduled for March 6″It’s an amazing time. There’s so much energy,” NASA’s science mission chief Nicky Fox told The Associated Press a few hours ahead of the launch.All you need to know about the missionThe Athena lander, which…
On Tuesday, the central bank reversed the increase in risk weight – or the capital that banks must set aside for every loan to cover for potential loss – on loans to NBFCs, in a move that’s expected to make it easier for banks to boost on-lending, which has been constrained by higher capital requirements. “Lending to NBFCs constitutes 9% of overall banking system credit. Revision in risk weights to the pre-November 2023 levels will free up capital for banks and provide additional headroom for credit growth to them. On the other hand, for NBFCs, banks have been a significant…