News
Quote of the day by Ferry Porsche: 'I couldn't find the sports car of my dreams, so I built it myself"
3+ hour, 33+ min ago (302+ words) Ferry Porsches widely known quote, "I couldn't find the sports car of my dreams, so I built it myself," reflects the mindset that led to the creation of the Porsche 356 in 1948. At a time when the market lacked the kind…...
As global luxury cools, Indian investors may be staring at a rare entry point in watches, whisky and wine
19+ hour, 12+ min ago (897+ words) Globally, the luxury boom is cooling, with prices for prestige assets like watches and fine wines dropping 10-20%. However, India is experiencing a surge in demand for Swiss watches, with exports rising significantly. This presents a unique opportunity for Indian buyers…...
Renault forecasts 2026 margin drop as price pressure dents profit
3+ day, 10+ hour ago (534+ words) Renault is bracing for a tighter financial future, forecasting lower profit margins by 2026. Following a 15% fall in operating profit last year, the French automaker faces mounting pressure from Chinese upstarts and traditional rivals alike. In response to this competitive squeeze,…...
Gold faces tough competition from Rolex Watches for best options to save money. Check full list
6+ day, 9+ hour ago (302+ words) Gold faces tough competition from Rolex Watches for best options to save money. Check full list'The Economic Times Gold, Rolex watches, US Treasury Bills, other government bonds are best options to save your money, according to a study The study…...
New York's iconic Waldorf Astoria hotel listed for sale after $2 billion renovation by Chinese owners
1+ week, 3+ day ago (557+ words) New York's iconic Waldorf Astoria hotel listed for sale after $2 billion renovation by Chinese owners'The Economic Times...
Rolls-Royce CEO meets PM Modi; plans jet engine co-development as part of mega defence, energy push
1+ week, 3+ day ago (346+ words) Rolls-Royce CEO meets PM Modi; plans jet engine co-development as part of mega defence, energy push'The Economic Times Rolls-Royce CEO meets PM Modi; plans jet engine co-development as part of mega defence, energy push Trump derailed Indo-US relations! US Rep…...
Mercedes-Benz net profit nearly halves in 2025 amid US, China woes
1+ week, 3+ day ago (242+ words) German carmaker Mercedes-Benz reported Wednesday its lowest annual profit since the Covid pandemic, as it counted the cost of US tariffs and cutthroat competition in China. China, the world's largest car market, has become a battleground for German carmakers amid…...
British giant Rolls-Royce to expand footprint across India's air, land, sea domains
1+ week, 3+ day ago (167+ words) British defence giant Rolls-Royce is set to boost its India operations. The company plans to double its workforce to 10,000 and increase local sourcing tenfold. This expansion includes co-developing a new combat jet engine. Rolls-Royce aims to make India a strategic…...
Kanpur Lamborghini crash: Tobacco baron's son Shivam Mishra arrested
1+ week, 3+ day ago (139+ words) Police in Kanpur have arrested Shivam Mishra, son of tobacco baron K K Mishra, in connection with a high-profile Lamborghini crash. The luxury sports car rammed into pedestrians and vehicles on VIP Road earlier this week, injuring several. Despite claims…...
Rolls-Royce CEO calls on PM Modi, shares plans to be part of Viksit Bharat
1+ week, 4+ day ago (156+ words) Rolls-Royce CEO calls on PM Modi, shares plans to be part of Viksit Bharat'The Economic Times Rolls-Royce CEO Tufan Erginbilgic on Wednesday met Prime Minister Narendra Modi and shared plans to scale up its activities in India to become a…...