Unews World

MUMBAI: India’s small towns are splurging on luxury shopping – as the growth of e-commerce has democratised access to luxury. Far beyond the metros of Mumbai, Delhi and Bengaluru, home to some of India’s richest, luxury shopping has reached places like Gujarat’s Botad and West Bengal’s Asansol where people are shopping for luxury footwear, watches, apparel and accessories, a report …

NEW DELHI: The Budget signals slowing fiscal consolidation as focus shifts to reinforcing growth, global ratings agency Moody’s Ratings said on Tuesday but it expects that govt is within reach of its near-term deficit target of 4.5% by fiscal 2025-26.“Planned cuts to personal income tax rates will bolster middle-class spending power and consumption, which is credit positive for many corporates …

BENGALURU: IBM chairman and CEO Arvind Krishna observed that the AI race is focused on whether bigger models mean better outcomes. Yet, AI systems do not inherently need to consume extensive resources or require substantial investments. “Following IBM’s earnings announcement earlier today, I had a lot of conversation and without fail, DeepSeek came up…. For too long, the AI race …