Month: December 2024

Urban FMCG demand is not expected to fully recover until mid-2025, despite companies focusing on premium products. Inflation is constraining urban spending, while rural areas show recovery. High commodity prices impact discretionary spending. E-commerce is growing for brands like Nestle. Industry executives call for policy measures to stimulate mass consumption and manage inflation.

Osamu Suzuki, a key figure behind Maruti 800, was instrumental in introducing the small car to India in 1983. His vision and risk-taking attitude significantly shaped the Indian automobile industry, making it a robust economic sector. His efforts modernized industrial practices and created a strong supplier ecosystem in India.

In 2025, HR will be shaped by hybrid work models, mental health focus, DEI advancements, and AI integration. Demand for specialized talent and rising CXO salaries will be notable trends, with green energy and AI-driven sectors leading in compensation. Skill development remains crucial for workforce competitiveness.

The rupee fell to a record low of 85.53 against the dollar, driven by panic dollar buying and increased demand from the month-end, leading RBI to intervene by selling dollars. Despite RBI’s intervention, higher US Treasury yields, crude oil prices, and foreign fund outflows kept the rupee under pressure.

A declassified document found at Osama bin Laden’s Abbottabad hideout calls the 2008 Mumbai attacks a “heroic Fidai operation”. Al-Qaida and Lashkar-e-Taiba figures orchestrated the incident, with Hafiz Abdul Rehman Makki playing a crucial role. Makki maintained alliances with high-profile terrorists, contributing to significant attacks. His recent death closes a dark chapter in global terrorism.

Philadelphia Eagles head coach Nick Sirianni said it’s going to be tough for quarterback Jalen Hurts to play in the upcoming game against the Dallas Cowboys on Sunday. “He’s still in the (concussion) protocol, it’s going to be tough for him to make it this week,” Sirianni said to reporters during a press conference on…

China appears to have conducted the maiden flight of its new sixth-generation fighter aircraft, marking a significant milestone in the ever-evolving landscape of fighter jets. Video and photos from social media showed the previously unseen aircraft conducting a daytime test flight, alongside a two-seat Chengdu J-20S fighter, which served as a chase plane. The planes…