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Signals from Mint · Industry
- War, weak rupee and 47-60% higher Europe fares squeeze MakeMyTrip, ixigo, Yatra air revenue
- Rapido overtakes Ola as Uber's top India rival, raises $240M at $3B valuation
- Indian Railways unlocks Kashmir cherry trade with 28 parcel vans cutting Jammu-Mumbai transit to 30 hours
- BIS pilots DNA testing for buffalo meat to curb cow meat adulteration in exports
- Chemist strike on 20 May loses steam as 12 state bodies withdraw after CDSCO assurance
- ₹3/litre fuel hike forces BigBasket, Zippee, MilkyMist to rethink free delivery, MOVs and MRPs
- AC makers eye FY27 summer rebound, but copper at $12,500/t squeezes margins despite price hikes
- FMCG majors raise prices 2-5% as West Asia war ignites input cost surge
- Niche Hollywood originals lift PVR INOX premium screens, but India share stuck at 15-20%
- DCGI orders nationwide crackdown on illegal sildenafil, tadalafil sales across pharmacies and e-platforms
- Commodity storm claws back 30% of GST cut gains for Indian automakers
- West Asia war torches input costs for Jalandhar, Meerut sports goods makers
- Centre extends electronics contract timelines 2-4 months, denies price hikes to Acer, Samsung, Lava
- Gold price surge masks 19% volume drop as jewellers pivot to lightweight, studded bets
- Affluent Indians swap Europe for Udaipur and Bhutan as geopolitics and airfares reroute summer spend
- India hikes gold, silver import tariffs to 15%, reversing 2024 cut to curb bullion inflows
- Global QSR chains queue up for India reset; Panda Express targets 2027 debut
- Gold duty hike to 15% squeezes jewellers; Titan, Kalyan pivot to exchange schemes and lighter karats
- Noida airport cleared to charge 4x Delhi's UDF, threatening pax volumes for Zurich-run hub's retail concourse
- Multilingual Bollywood releases hit logistics wall as Miraj, Cinepolis flag dubbing and certification delays