MARKET-RESEARCH
NMDC cuts rates of iron ore lump by Rs 600/tonne, fines by Rs 500 per tonne
NMDC has reduced the prices of iron ore lump by Rs 600 per tonne and fines by Rs 500 per tonne, effective immediately. This decision comes amid a struggling domestic steel market, where prices have been declining.
From reels to retail: India’s influencers turn startup founders
Indian social media influencers are transitioning from content creation to entrepreneurship, launching brands in beauty, fashion, and more. Leveraging their strong audience connections, they compete with established celebrities, focusing on niche communities. This evolution unlocks new value beyond influencer marketing, driven by India's vast digital population and creator ecosystem, with firms supporting their business ventures.
Ace Alpha Tech IPO: SME issue subscribed 40 times on day 3 so far. GMP rises to 41%
Ace Alpha Tech's SME IPO witnessed overwhelming investor interest, being subscribed nearly 40 times. The retail portion saw particularly strong demand, with subscription levels exceeding 42 times. The company aims to raise ₹32.22 crore through this IPO, utilizing the funds for capital expenditure, acquisitions, and general corporate needs, with listing expected on BSE SME platform on July 3.
Nandini retains fourth position in food, beverages category among Indian Brands: Report
Nandini, Karnataka Milk Federation's brand, holds its fourth rank in India's food and beverage sector. Brand Finance's 2025 report shows Nandini climbing to 38th position among the top 100 Indian brands. Its valuation increased to USD 1,079 million. Nandini stands alongside Amul, Mother Dairy, and Britannia. KMF thanks consumers, farmers, partners, and teams for their support.
Young investor programme in UAE to teach key financial skills to 75,000 school students
In the United Arab Emirates, a new initiative aims to educate young students about finance. The 'Young Investor Programme', by National Bonds and Knowledge Fund Establishment, targets 75,000 students in 50 schools. It intends to teach saving, budgeting, and investing through classroom learning and real-life training. The programme has already started in Dubai schools and is expanding to other cities like Sharjah.
ITC reports weakest FMCG consumer spend in a decade
ITC Ltd's FMCG consumer spending experienced a significant slowdown in fiscal year 2024-25, growing by only 4.6% to ₹34,000 crore, a stark contrast to the 9-21% growth seen in the previous decade. This deceleration, despite a Covid-impacted FY21 showing 11.7% growth, is attributed to a broader FMCG industry slowdown and quick commerce discounting, impacting daily product sales.
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Govt to bring in barcodes to fight fake drug menace
To tackle fake drugs, the Union health ministry will soon mandate barcodes or QR codes on certain medicines. This applies to antimicrobials, narcotics, vaccines, and psychotropic substances. The Drugs Consultative Committee approved the amendment to the Drugs Rules, 1945. Earlier, barcoding was implemented for some cancer drugs. Top brands already have barcodes for authentication and tracing.
More Android phones sail to foreign shores via India
Driven by US tariff policies and India's export initiatives, Android phone shipments from India to the US are experiencing significant growth. Motorola, leveraging Indian manufacturing, exported 1.6 million smartphones in early 2025, primarily to the US, while Samsung also increased its exports to 945,000 units. These shifts reflect strategic adjustments to navigate evolving trade landscapes.
A big fat fight has just broken out in India
India's obesity drug market is set for intense competition with Novo Nordisk launching Wegovy to challenge Eli Lilly's Mounjaro, which gained early traction. Both drugs address rising obesity and diabetes rates, with Mounjaro showing significant weight loss in trials. Wegovy boasts cardiovascular benefits and a competitive pricing strategy.
Novo Nordisk launches blockbuster weight-loss drug Wegovy in India; Check price, dosage and other details
Novo Nordisk has introduced its weight-loss drug, Wegovy, in India. This launch follows Eli Lilly's entry into the market. The company aims to tap into India's large population with obesity. They estimate a significant number of individuals could benefit from the drug. Wegovy's potential cardiovascular, liver, and kidney advantages are also a factor.
Why Tesla's robotaxi launch was the easy part
Tesla has launched its robotaxi service in Austin, Texas, initiating a carefully monitored test with Model Y vehicles. Experts caution that rapidly expanding this technology to millions of Teslas within a year will be challenging, citing the complexities of handling traffic edge cases and ensuring public trust.
Starbucks says it is not currently considering a full sale of its China operations
Starbucks is exploring options for its China business, engaging with potential buyers to assess interest in either a controlling or minority stake. Advised by Goldman Sachs, Starbucks is evaluating potential partners based on factors like corporate culture and sustainability.
Nancy Pelosi outperforms major hedge funds with jaw-dropping gains in 2024, leaves Wall Street pros in the dust
Nancy and Paul Pelosi's investments significantly outperformed the market in 2024, with their net worth increasing substantially. Their portfolio, primarily managed under Paul Pelosi's name, saw gains exceeding both the S&P 500 and major hedge funds. Recent strategic moves in AI and energy sectors suggest continued financial success into 2025.
US heatwave: Electricity demand expected to hit 12-year high. Will your power bill go up?
Will your power bill in the United States shoot up and disrupt your household budget amid sweltering heatwave? The intense heat is set to begin affecting the mid-Atlantic region on Saturday, with temperatures in Washington DC expected to soar to 100 F (38 C) by Monday. Power generators have been asked to be ready to operate at maximum capacity if needed during the extreme hot weather in the US.
Stress at work? Doctors see rise in heart diseases among young executives
Young Indians are increasingly facing heart issues. Cardiologists are alarmed by the rising cases in people in their 20s and 30s. Stress, sleep deprivation, and unhealthy lifestyles are major contributors. Hospitals report more young professionals with cardiovascular diseases. Experts suggest early screenings and lifestyle changes. Companies are now offering heart check-ups for employees.
Smartphone brands shift focus to offline sales in smaller towns
Smartphone brands are strategically shifting towards offline channels, particularly in smaller towns, to boost sales of premium handsets. Online shipments have declined for seven consecutive months as companies like Motorola, OnePlus and Xiaomi reduce their reliance on ecommerce.
Deadline diet: India's young workforce faces cardiac scare
Young Indians are increasingly facing heart issues. Doctors report a rise in cardiac cases among those in their 20s and 30s. Stress, lack of sleep, and unhealthy lifestyles are major factors. Sedentary jobs and poor diets contribute to the problem. Even post-Covid inflammation increases the risk. Sales of heart-related drugs have significantly increased.
From pimples to peptides: How Gen Z turned the dermatologist into a beauty guru
Urban India witnesses a surge in dermatology clinic visits, driven by teenagers and young adults seeking solutions for everyday skin concerns beyond chronic conditions. Social media influence and access to information fuel this trend, with consumers actively choosing science-backed skincare. This shift reflects a broader movement towards evidence-based self-care, impacting the skincare market and prompting early dermatologist visits.
Mondays are for hustle, Fridays for AI: Study reveals why Gen Z wants bots to do the boring stuff
The 2025 survey highlights a growing workplace shift: AI is becoming essential. Most employees, especially younger ones, want AI tools that simplify tasks and boost focus. Despite limited corporate policies, workers view AI as a career enhancer, not a threat. With productivity draining by week’s end, automation might be the key to reclaiming time and efficiency.
Death of👍was highly exaggerated
Social commentators wrongly predicted Gen Z's dislike for certain emojis. The thumbs up and heart emojis are still popular. Grouping generations into single behavioral categories benefits market research. No one verifies past predictions about generational trends. The article questions the accuracy of generalizing about entire generations. It highlights the importance of verifying claims.
Camera lens behind Israel–Iran conflict: How Iran’s missiles are finding their mark
Iran is reportedly hacking private CCTV cameras inside Israel to assess missile impacts in real time. Israeli officials say these breaches are helping Iran adjust its targeting during ongoing hostilities, raising urgent concerns about the global misuse of everyday tech in wartime. The tactic mirrors previous hacks by Hamas and Russia, exposing widespread vulnerabilities in unsecured cameras. Despite repeated warnings, tens of thousands of Israeli devices remain unprotected — turning home surveillance into an unintended source of battlefield intelligence.
One in four Indians uses only a mobile phone for everything from Netflix to social media
A Kantar survey reveals a significant shift in Indian media consumption, with 23% relying solely on mobile phones for entertainment in early 2025, up from 15% in 2023. This trend, driven by affordable smartphones and data plans, benefits companies like Netflix and Starlink seeking growth in India. Surging e-commerce further expands digital access, particularly in rural areas, impacting various industries.
Daily spending dips, but China's 618 shopping fest sets record with all-time high sales
China's big 618 shopping event wrapped up with record sales. The total sales hit a new high. But, daily spending was a bit lower. The sales period was longer this year. Tmall was the top seller. Retail is still facing challenges in China. People are worried about jobs and money. Some think discounts are not as exciting anymore.
Longevity for satellites: Chennai-based OrbitAID completes second zero-gravity mission for refuelling
This follows the success of the Chennai-based space startup’s first demonstration conducted six months ago. A key highlight of the mission is the validation of OrbitAID’s proprietary docking interface, SIDRP, which has now reached Technology Readiness Level 7 (TRL 7), paving the way for real-world deployment by the end of 2025.
Game on: Phonemakers tap eSports to woo young Indians
Smartphone brands in India are strategically leveraging the booming eSports scene to enhance brand visibility and drive sales amidst a sluggish market. Companies like OnePlus, Realme, and iQOO are sponsoring tournaments and partnering with eSports teams, capitalizing on the growing influence of mobile gaming among Indian youth.
Rs 1.5 crore for a doll? The viral rise of Labubu and the madness behind it
Labubu, the toothy plush monster from artist Kasing Lung, is now a global collectible phenomenon. Fuelled by TikTok trends and celebrity fans like Lisa and Kim Kardashian, the doll’s value has skyrocketed—fetching record-breaking prices at auction. With adult buyers driving demand, Pop Mart's creation is turning nostalgia into a billion-dollar business and a modern art icon.
Explained: What all Gen-Z should know about mutual funds
Gen-Z can smartly manage money by investing in mutual funds. These funds pool money from many investors. Professional managers invest in stocks and bonds. Systematic Investment Plans allow small investments. Mutual funds offer diversification and liquidity. Different types cater to various risk profiles. Starting early and staying consistent is key. Consider expense ratios and exit loads.
Google layoffs: Google offers voluntary exit to US staff, including search and ad teams
Google job cut: Google has offered voluntary exit packages to US-based staff across several divisions, including knowledge and information (K&I), central engineering, marketing, research, and communications. The K&I unit, which includes search and ads, employs around 20,000 people. This follows recent layoffs in other units such as the global business unit.
India’s probiotics market doubles in 5 years, hits Rs 2,070 cr in 2025
India’s probiotics market recorded 22% annual growth in May, nearly doubling in five years from ₹1,016 crore in 2021 to ₹2,070 crore in 2025, according to PharmaTrac. Growth is led by pharma firms like Sun Pharma and Zydus, with older brands dominating.
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