‘Incredible potential’: British Airways eyeing expansion in India, says COO; cites rising demand, growth of local carriers

British Airways is preparing to expand its India operations to tap into the country’s fast-growing aviation market and rising outbound travel demand, a senior airline executive said, citing the country’s “incredible potential”.The carrier, which has been flying to India for more than a century, currently operates 56 weekly flights from Indian cities to London —…

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FPI outflows resume in November: Rs 3,765 crore offloaded; global risk-off cues and high domestic valuations hit sentiment

Foreign investors withdrew a net Rs 3,765 crore from Indian equities in November following October’s brief respite, influenced by global risk-off sentiment, instability in global technology stocks and a preference for primary over secondary markets.This November decline followed October’s net inflow of Rs 14,610 crore, which had interrupted three consecutive months of outflows — Rs…

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Gold outlook for the week: Yellow metal could once more be near record highs — what analysts have to say

Gold prices are expected to stay strong and may come close to historic highs in the coming week as market participants monitor crucial US data, Federal Reserve Chair Jerome Powell’s speech and the RBI’s policy announcement, according to analysts.“Gold moves out of the consolidation range as investors focus on the manufacturing and services PMI data…

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REIT market poised for five-fold expansion: Rs 10.8 trillion growth opportunity in office, retail; top 7 cities to drive growth

India’s Real Estate Investment Trust (REIT) market is set for a significant upturn, with an estimated Rs 10.8 trillion growth opportunity emerging across office and retail segments over the next four years, according to a report by JLL, a real estate and investment management company.“The REIT sector [is] positioned for an additional Rs 10.8 trillion…

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Wedding season surge: Plain gold jewellery in 22-, 18- and 14-karat sees high demand; diamond loses sheen

Representative image credits: ANI This wedding season, plain and lightweight gold jewellery in 22-, 18-, and even 14-karat is attracting significant attention, as many couples and their families prioritise investment and resale value over elaborate designs and diamond embellishments.Jewellers from Joy Alukkas, PNG, Senco Gold, and Kalyan report that simple gold pieces are becoming increasingly…

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