Maharashtra Police Crackdown on Illegal Moneylenders
Maharashtra police launch a major crackdown on illegal moneylenders after a farmer sold his kidney to repay a debt. New help desks and awareness campaigns aim to protect vulnerable citizens.
Category : Search result: luxury retail debt
Saks Considers Bankruptcy Ahead of $100M Payment
Saks Global Enterprises is exploring Chapter 11 bankruptcy as a last resort before a crucial $100 million debt payment due Dec 30. The luxury retailer's turnaround plan has faltered. Read more.
Stylist Suhail Kwatra charged in ₹3.85 crore Saks Fifth Avenue scam
Indian-American stylist Suhail Kwatra faces larceny charges for allegedly stealing $429,400 from Saks Fifth Avenue via a returns scheme. Read the full story of his dramatic fall from grace.
Uttar Pradesh reduces power sector debt by 25%
Uttar Pradesh slashes power sector debt by 25% while India's overall liabilities surge 40%. Discover how UP's fiscal discipline defies the national trend of rising discom debt.
UP Reduces Power Debt by 25%, Defies National Trend
Uttar Pradesh slashes its power sector debt by nearly 25% over five years, standing out as other major states see sharp increases. Discover how UP achieved this financial turnaround.
India Retail Shines, Malls to Get $3.5B Investment
India's retail sector emerges as a global bright spot with malls at 95-100% occupancy. Over $3.5 billion in investments expected in 3 years as 88+ foreign brands enter. Read more.
Tamil Nadu Tops India's Most-Indebted States List: PMK
PMK leader Anbumani Ramadoss slams DMK govt as Tamil Nadu's debt hits ₹9.55 lakh crore, topping the list of most-indebted Indian states for the fourth consecutive year. Details inside.
Retail Real Estate Leads Indian Asset Classes in 2025
India's retail real estate sector shines in 2025, delivering 12-15% yields and outperforming other assets. Discover the key drivers and future outlook for investors.
How Debt Settlement Can Reunite Indian Families
Financial stress from debt is tearing Indian families apart. Discover how professional debt settlement offers a path to relief, peace, and reconnecting with loved ones.
V2 Retail turns ₹1 lakh into ₹3.3 crore in 12 years
V2 Retail's stock soared from ₹7.3 to ₹2,190, turning a ₹1 lakh investment into nearly ₹3.3 crore. Discover its aggressive South India expansion and how it outpaces peer Baazar Style.
India's Malls Set for $3.5 Billion Influx Amid Global Shift
As Western malls face crisis, global investors pivot to India. Over $3.5 billion expected in 3 years, driven by young consumers and massive demand-supply gap. Read more.
Luxury Housing Demand Soars in India, Report Reveals
Luxury homes now account for over a quarter of India's real estate supply, up from 16% in four years. Demand is strongest in the Rs 2-5 crore bracket, with Mumbai leading in absolute price. Discover the key trends shaping the high-end market.
Patel Retail Q2 FY26: 15% Revenue Growth, PAT Up 73%
Patel Retail Limited reports stellar Q2 FY26 results with 15% revenue growth and a 73% surge in profit after tax. Strong performance driven by strategic store expansion.
PC Jeweller stock jumps 12%, Q2 profit up 17.3%
PC Jeweller shares rebound 12% this week. Company posts 17.3% profit rise in Q2, plans 1,000 franchise outlets via UP's CM-YUVA portal. Read for key financials and analysis.
Young Indians Use Leverage to Invest Like the Wealthy
A strategy once reserved for the ultra-rich, lifecycle investing using borrowed money is now accessible to retail investors in India, raising both opportunities and regulatory concerns.
Worli Dominates India's Rs 40+ Crore Luxury Apartment Sales
Worli in Mumbai now accounts for 40% of India's ultra-luxury apartment market, with over Rs 5,500 crore in sales in 24 months. Discover how it rivals Manhattan.
Traditional Grocery Retailers Thrive in Hyderabad Despite Q-Commerce
Despite the rapid growth of quick commerce, Hyderabad's traditional fruit and vegetable retailers are holding strong. Discover why sensory experience and trust are key factors keeping customers loyal to local vendors.
Regulus Retail Forex Launches with FSC Regulation
Regulus Retail Forex launches in India, offering institutional-grade liquidity and FSC-regulated operations for retail traders. Discover a new era of secure forex trading.
Pan Masala packs must show retail price from Feb 2026
The Consumer Affairs Department mandates Retail Sale Price on all pan masala packs from February 1, 2026, boosting transparency and aiding GST levy. Know the new rules.
Middle-Class Debt Trap: RBI Data Shows Rising EMI Burden
India's middle class faces a growing debt crisis, with 5-10% of households in a trap. Driven by easy credit and social comparisons, the dream of upward mobility is turning risky. Read more.
Telangana, Andhra Pradesh overshoot RBI borrowing limits
Telangana and Andhra Pradesh have become India's most aggressive borrowers in 2025, overshooting RBI limits by 190% and 122% respectively. Economists warn of severe long-term fiscal stress. Read the full analysis.
Russian Railways Debt Restructuring Talks: VTB's Key Role
VTB, the largest creditor of Russian Railways, reveals banks are ready to restructure its 4 trillion rouble debt, but only if the central bank does not hike reserve requirements. Debt-to-equity conversion is off the table. Explore the financial challenges
UAE President Cancels AED 475 Million Debt for Citizens
UAE President Sheikh Mohamed bin Zayed Al Nahyan erases AED 475 million debt for 1,435 Emiratis through SCB initiative. Historic humanitarian gesture supports financial stability.
Altice Moves Key Assets Beyond Creditors' Reach
Altice International restructures Portugal & Caribbean units to raise €750M debt, sparking bond price drops. Strategic review underway amid 12.1% earnings decline.
Ikea Plans 4-5 New Indian Stores Annually
Swedish furniture giant Ikea announces aggressive India expansion with 4-5 new stores yearly. CEO Patrik Antoni reveals strategies behind growth in competitive home furnishing market.
IL&FS Repays ₹48,463 Crore to Creditors by September 2025
Debt-ridden IL&FS group has repaid ₹48,463 crore to creditors, achieving 80% of its ₹61,000 crore debt resolution target. Read the latest updates on NCLAT proceedings.
US Retail Sales Growth Slows to 0.2% in September
US retail sales grew slower than expected in September at 0.2% as consumers faced persistent high prices. Producer prices rose 0.3%, driven by energy and food costs. Read the full analysis.
Luxury Retail War: Galeries Lafayette vs Jio World Plaza
Parisian giant Galeries Lafayette opens in Mumbai, challenging Reliance's Jio World Plaza. Discover how this battle is reshaping India's booming $12 billion luxury market and attracting new millionaires.
ONLY Transforms Shopping at DLF Mall of India Noida
Fashion brand ONLY unveils revolutionary store at DLF Mall of India, Noida, featuring interactive tech and exclusive collections. Discover the future of retail shopping today!
Tier II & III Cities Drive India's Retail Growth
India's retail landscape is shifting as Tier II and III cities account for 60% of new store openings. Discover how smaller cities are transforming retail growth patterns across the nation.
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