Manipur / The Economic Times
Avenue Supermarts, parent company of DMart, is unlikely to enter the Q-commerce race, choosing instead to enhance delivery timelines and product variety. Bernstein India suggests DMart will focus on value and choice to compete with rapid delivery platforms. Despite concerns about overlap with Q-commerce users, DMart believes its big-box model offers sustainable value in the FMCG and grocery sectors.
The dollar faced challenges. Taiwan's currency saw a significant rise. This impacted other regional currencies. Hong Kong's central bank intervened to maintain its currency peg. Investors are watching for developments in US-China trade talks. The market is considering the possibility of currency appreciation as part of trade negotiations. Other currencies like the Australian dollar and yen also experienced changes.
A little girl from Arunachal Pradesh has taken over the internet with her infectious *Uyi Amma* dancewinning hearts with her energy, expressions, and confidence. But just when it couldnt get cuter, her little brothers sneaky cameo stole the show. From flawless moves to sibling mischief, this viral video is the wholesome content the internet didnt know it needed.
PhonePe has launched its next-generation SmartSpeaker, manufactured in India, to better serve merchants' evolving needs. Building upon the original model, this upgraded version retains popular features while introducing enhancements like 4G connectivity for faster speeds and improved reliability. The device boasts extended battery life, clear audio, and a compact design, aiming to drive financial inclusion and foster domestic innovation.
Bernstein India's Jignanshu Gor believes DMart's growth is returning, driven by improved consumption demand and network expansion. Despite facing competition from quick commerce, DMart maintains solid footfalls and same-store sales growth. While margin improvements are expected, DMart's focus on private labels, D2C brands, and basic apparel positions them well for future success.
Samantha Ruth Prabhu radiated joy at the pre-release event of her film Subham, marking her debut as a producer. Dressed in a floral saree, her infectious laughter stole the show, highlighting her resilience after personal challenges. With Subham, she aims to champion authentic female narratives, reflecting her commitment to meaningful storytelling in Indian cinema.
Credit Suisse's Jitendra Gohil notes improved macro stability in India is aiding FPI sentiment, though sustained buying hinges on earnings recovery. While US tariff policy shifts impact market sentiment, large-cap IT stocks and correcting NBFCs/private banks present attractive opportunities. Gohil favors private banks and financial intermediaries over insurance due to competition concerns.
A NEET aspirant's post went viral on JEENEETards after failing the NEET 25 exam. The father cheered him up with pizzas. Netizens were touched by the father's gesture. Another user shared a similar experience of getting chili chicken after a bad exam. NEET is the only entrance test for medical programs in India.
The government is dedicated to improving market access and reducing logistical obstacles for Indian agricultural and processed food products. A recent Chintan Shivir, organized by APEDA, emphasized the importance of R&D, infrastructure development, and collaboration between government, academia, and industry to boost agri-exports and meet international standards.
Amid escalating tensions following the Pahalgam terror attack, India's Navy has issued a navigation warning for commercial ships in the Arabian Sea due to ongoing drills. Admiral Tripathi briefed Prime Minister Modi on the maritime situation, while Pakistan has also increased naval activity.
The Commerce Ministry is urging Indian exporters to adhere strictly to US 'rules of origin' to prevent transhipment, which could lead to higher duties. The ministry is working to clarify value addition norms for exporters.
India and the US are actively negotiating a bilateral trade agreement, with recent consultations involving domestic industries to gather suggestions for mutually beneficial trade enhancements. Both nations aim for an interim trade arrangement in goods by fall, focusing on tariff and non-tariff matters. The US remains India's largest trading partner, though a widening trade surplus is a point of concern.
Jaguar Land Rover has resumed sending cars to America. Shipments had stopped because of tariffs imposed by the United States. The first vehicles left Britain on Wednesday after almost a month-long pause. Tata Motors owns Jaguar Land Rover. Aston Martin will share the tariff costs with its customers. The United States is a major market for British cars after Europe.
A viral video capturing an emotional airport farewell between a father and son has resonated deeply with viewers, sparking reflections on love, loss, and the importance of expressing affection. The poignant clip showcases a tender embrace and unspoken connection, prompting discussions about fatherhood, masculinity, and the fleeting nature of time.
Australia held its federal election on May 3, 2025. Counting is underway to determine if Anthony Albanese will remain Prime Minister. Peter Dutton is challenging for the position. Key issues include cost of living and climate change. Results from marginal seats will be crucial. The Greens and Teal independents are also hoping to gain ground.
Himachal Pradesh is experiencing unseasonal rains, with the Met department issuing warnings for hailstorms and thunderstorms. Several areas recorded significant rainfall, and gusty winds were observed. This weather could potentially disrupt the upcoming IPL matches scheduled at the HPCA Stadium in Dharamshala, despite the stadium's advanced drainage system and prayers for favorable conditions.
The Victorian Chamber of Commerce and Industry will launch the Australia-India Trade Roadshow 2025. This initiative, in partnership with Nexus Developments and JITO Apex, will explore trade pathways. The roadshow will occur in Hyderabad, Mumbai, Ahmedabad, Delhi and Surat. Business leaders and policymakers will attend. The aim is to strengthen ties and encourage economic collaboration.
Relaxo Footwears expands its reach. Now, customers can order Flite slippers, Bahamas flip-flops, and Sparx shoes on Blinkit, Zepto, and Swiggy Instamart. This move supports Relaxos omnichannel retail strategy. The company aims to provide faster access to its products. Relaxo's presence on quick commerce platforms ensures a convenient shopping experience for consumers across major Indian states.
Unicommerce is actively seeking acquisitions at reasonable valuations to enhance its e-commerce enablement platform and become a comprehensive 'one-stop-shop'. Following the Shipway acquisition, the company is exploring opportunities in emerging areas like omnichannel and quick commerce.
Canada Post and CUPW resume contract negotiations ahead of the May 22 deadline. Key issues include fair wages, health and safety, job security, and retirement rights. Residents and businesses express concerns about potential disruptions, with local courier services preparing for increased demand
Oyo is set to venture into the food and beverage sector. The company will introduce in-house kitchens and Townhouse Cafe QSR carts. This will be available at its company-serviced hotels. The initiative aims to enhance the dining experience for guests. Oyo expects F&B to contribute 5%-10% additional revenue. A pilot program has already been launched across 100 hotels.
Classes Internationales, launched by the French Embassy in India and Campus France, offers Indian students a structured path to prestigious French universities. This one-year foundation program, requiring only elementary French, grants access to over 200 degrees. With expanded reach and industry linkages, it aims to welcome 30,000 Indian students by 2030, providing full integration support and career development opportunities.
CEAT Ltd, owned by RPG Group, has allocated 950-1,000 crore for capital expenditure this fiscal year. The investment will primarily focus on expanding manufacturing capacity for truck and bus radials, off-highway tyres, and two-wheeler tyres. This includes increasing output at its Ambarnath factory and launching over 20 new OHT products.
India Meteorological Department forecasts above-normal temperatures for most of India in May. However, frequent thunderstorms are expected. These storms will likely prevent temperatures from reaching last year's levels. The number of heatwave days will be higher than normal in several states. Normal to above-normal rainfall is expected across most of the country.
External Affairs Minister S Jaishankar engaged in phone conversations with his counterparts from Slovenia, Panama, Algeria, and Guyana to address the recent Pahalgam terror attack. He conveyed India's firm stance of zero tolerance towards terrorism to the foreign ministers.
Following the Pahalgam terror attack that killed 26 people, intense counter-terrorism operations are underway across Jammu and Kashmir. Security forces have carried out raids at 13 locations in Doda and searched 63 residences in Srinagar linked to Over Ground Workers and terror associates.
A widespread power outage impacted Spain and Portugal, prompting Red Electrica to collaborate with energy companies for restoration. The incident caused disruptions in Madrid, including the evacuation of parts of the underground and traffic congestion due to non-functional traffic lights. E-Redes indicated a phased reconnection approach, suggesting a broader European dimension to the problem.
Preparations are underway for the Char Dham Yatra 2025, with the Panchmukhi idol of Lord Kedarnath ceremonially sent to the shrine after special worship in Ukhimath. The idol's journey includes stops at Guptkashi, Phata, and Gaurikund, before reaching Kedarnath Dham.
A 62-year-old woman from Chandigarh, driven by her lifelong passion for cooking, recently launched a street food stall, serving popular Indian snacks. Her inspiring journey, highlighted in a viral video, encourages others to pursue their dreams regardless of age. Similarly, a 108-year-old man in Moga continues to sell vegetables, demonstrating resilience and a positive spirit.
A new study reveals that unhealthy habits like smoking, heavy drinking, and lack of exercise begin to impact health as early as age 36. Researchers tracked Finnish residents for over 30 years. The study highlights the importance of addressing risky behaviors early in life. These habits can lead to poor mental and physical health later on.
A federal judge has blocked the Trump administration's attempt to add a proof-of-citizenship requirement to the federal voter registration form, deeming it unconstitutional. The judge sided with voting rights groups, asserting that states and Congress hold the power to regulate federal elections, not the president.
Six Naxalites, including a couple, surrendered to security forces in Chhattisgarh's Narayanpur and Kabirdham districts, motivated by disillusionment with Maoist ideology and internal conflicts. The surrendering Naxalites carried a cumulative bounty of Rs 17 lakh. Impressed by the state government's development initiatives, they will receive rehabilitation assistance as per policy.
After a five-month slowdown, India is increasing its palm oil purchases due to a price correction that has made it cheaper than soyoil. Refiners are replenishing inventories, which will likely support Malaysian palm oil futures. Imports are expected to rise above 500,000 tons in May and potentially exceed 700,000 tons monthly from July to September as stocks have depleted.
Netflixs popular series Heartstopper will conclude with a feature film based on Alice Osemans upcoming sixth volume. Lead actors Kit Connor and Joe Locke return as Nick and Charlie, also taking on executive producer roles. Filming begins this summer with director Wash Westmoreland helming the final chapter.
Southern West Bengal braces for heatwave as temperatures are expected to soar past 40 degrees Celsius, according to the IMD. Birbhum, Purulia, Jhargram, Bankura, and Paschim Bardhaman districts are likely to experience these conditions until April 26. Residents are also facing discomfort due to high relative humidity, with coastal areas potentially reaching 90% and interior districts seeing up to 80%.
The Telangana State Board of Intermediate Education (TSBIE) declared the TS Inter Results 2025 for 1st and 2nd year students on April 22nd. Puligilla Jahnavi secured the first rank with 995 marks, followed by Sade Sujjan Carnoy with 990 marks. Supplementary exams for students seeking to improve their scores are scheduled from May 22nd, with practical exams likely in June.
Narendra Modi highlights the strong bond between India and Saudi Arabia. He calls Saudi Arabia a trusted friend and strategic ally. Modi emphasizes the limitless potential of their partnership. He also praises Mohammed bin Salman's leadership and Vision 2030. Modi sees IMEC as a key driver for regional commerce and growth.
Prime Minister Narendra Modi embarked on a two-day state visit to Saudi Arabia, marking his first visit to Jeddah. He will co-chair the Strategic Partnership Council meeting with Crown Prince Mohammed bin Salman, aiming to deepen cooperation in energy, defence, trade, and technology. Modi also plans to engage with the Indian diaspora, recognizing their role in strengthening bilateral ties.
Pope Francis, known for his compassion and wit, left behind memorable quotes. From his initial greeting, Brothers and sisters, good evening! to his plea to remember the poor, his words resonated globally. He advocated for mercy, welcomed LGBTQ+ Catholics with Who am I to judge?, and addressed the pandemic, stating, We are on the same boat.
Himachal Pradesh experienced rain, hailstorms, and strong winds, as predicted by the IMD, bringing a refreshing change, especially in Shimla. No damage has been reported, and tourists are enjoying the enhanced beauty and pleasant climate. The IMD forecasts continued rainfall and thunderstorms in several districts, with potential for intense weather conditions in some areas.
Amid escalating trade tensions between the U.S. and China, two Boeing 737 MAX jets, initially destined for Chinese airlines, are being returned to the United States. This reversal highlights the disruption to aircraft deliveries due to newly imposed tariffs, potentially crippling Chinese airlines and jeopardizing Boeing's recovery from previous trade-related setbacks and import freezes.
Rajesh Agarwal, a 1994-batch IAS officer, has been appointed as the next commerce secretary, succeeding Sunil Barthwal on September 30, 2025. He will take charge amidst global trade challenges, including US tariffs and the Russia-Ukraine conflict.
The Commerce Commission approved Woolworths' acquisition of Beak & Johnston. The deal is unlikely to reduce competition in New Zealand markets. The commission investigated impacts on retailers and suppliers. John Small said Woolworths would not restrict access to Beak & Johnston products. The commission considered the risk of Woolworths delisting rival products. Woolworths already owns part of B&J City Kitchen.