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IKEA to roll out 10,000 sq ft compact stores for smaller cities across India in major retail strategy shift

Furniture giant IKEA is planning to roll out smaller, compact-format stores, marking a “huge shift” in its strategy, to be more accessible for Indian customers. The company, currently in its second phase of growth in India, will be expanding across smaller cities in the country through a network of small-format stores developed according to the…

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US markets Today: Dow slumps over 400 points, Nasdaq slides after data shows economy contracted last quarter

US markets opened in the red Tuesday morning, reacting to fresh economic data that showed the economy unexpectedly contracted in the first quarter of 2025. Investor sentiment soured sharply, sending major indexes tumbling.As of 9:33 AM EDT, the Dow Jones Industrial Average (DJIA) dropped 422.94 points to 40,104.68, down 1.04per cent . The Nasdaq Composite…

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Sky-high chaos: Pakistan’s move forces Indian flights into Rs 307 crore turbulence per month

NEW DELHI: Indian airlines are staring at additional weekly operational expenses of approximately Rs 77 crore due to closure of Pakistan airspace, amid escalating tensions in the aftermath of the Pahalgam terror attack.The closure is forcing airlines to take longer alternative routes, increasing fuel costs and flight durations significantly.Based on the number of international flights…

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Olympic medallist Mary Kom announces divorce, addresses rumours of external affairs | Off the field News

Mary Kom (Photo by Luis Robayo – Pool/Getty Images) NEW DELHI: Olympic medal-winning boxer Mary Kom on Wednesday officially confirmed her divorce from husband Karung Onkholer, popularly known as Onler. The split was finalised by mutual consent on December 20, 2023, in the presence of both families and clan elders, under KOM customary law.The boxing…

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