The Bengaluru-based quick-commerce application (app) Zepto is making big strides. According to Sensor Tower data, it surpassed JioMart in November, securing the second position among grocery apps in terms of monthly usage. This shift, identified by BofA Global Research, closely monitoring key segments of the app business, has pushed JioMart to third place in the grocery space. In the grocery […]

Liat Beinin Atzili, a U.S.-Israeli high school teacher, is among 16 more hostages released by Hamas. Liat, 49, is the second U.S. citizen to be released after the militants freed four-year-old Abigail Edan, who lost both her parents, last week. The mother of three children, Liat was also working as a guide at Israel’s Holocaust memorial Museum Yad Vashem. Liat […]

The stock of fast-moving consumer goods major Tata Consumer Products has been reaching new all-time highs on better-than-expected results for the July-September quarter (second quarter, or Q2), strong growth in the food business, and margin gains in the beverage/international business. Most brokerages are positive on the stock, given growth prospects, and believe that rich valuations are justified. The near-term trigger […]

There’s a hint of new competition riding into a sector that has attracted attention for being in a duopoly-like situation. Rapido, a commute app known for its budget-friendly bike-taxi services, on Tuesday announced its entry into the cab market, which is currently dominated by marquee brands Uber and Ola. Rapido’s cab foray will be enabled by a software as a […]

Shares of Philips Electronics NV were losing around 5 percent in Amsterdam trading as well as in the pre-market activity on the NYSE after the U.S. regulator warned against the safety of Dutch consumer electronics giant’s DreamStation 2 Continuous Positive Airway Pressure or CPAP Machines. The Food and Drug Administration or FDA said it is alerting patients and healthcare providers […]

President Joe Biden’s job approval rating has plunged to the lowest for the third time this year, according to Gallup. Biden’s overall job approval rating remains at 37 percent, with disapproval at 59 percent. The 81 year-old President’s popularity had touched this level first in April and then in October. His job rating has not crossed 44 percent since August […]

The airline industry is projected to register a net profit of $25.7 billion in 2024 as more normal growth is expected in both passenger and cargo segments, global grouping IATA said on Wednesday. For 2023, the net profit is estimated at $23.3 billion, significantly higher than the $9.8 billion projected by the International Air Transport Association (IATA) in June this […]

Stocks fluctuated over the course of the trading session on Tuesday before eventually ending the day modestly higher. With the uptick on the day, the Dow reached its best closing level in well over three months. The major averages finished the day well off their highs of the session but still in positive territory. The Dow crept up 83.51 points […]

Consumer morale in Germany rose moderately in December amid the slowing inflation but sentiment stayed at a very low level signaling no signs of sustainable recovery, survey results published jointly by GfK and the Nuremberg Institute for Market Decisions, showed on Tuesday. The consumer confidence index rose to -27.8 in December from -28.3 in November. The reading was seen at […]

What do you get when you roll out 81 supremely beautiful Mercedes-Benz gadis in one go? The tenth edition of the Mumbai Mercedes-Benz Classic Car Rally. Sooooo many classic Mercedes-Benz cars all in one place! The rally must have been a sight to behold :(Sadly I could not be a part of it, but thanks to friends, colleagues and the […]