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Business / 5 hours ago
India’s economy now rivals whole continents: Here is how
India’s economy, which is projected at around US $4.1 trillion in 2025, is equivalent to the combined economies of a collection of its neighbouring and regional peers. India’s economy, which is projected at around US $4.1 trillion in 2025, is equivalent to the combined economies of a collection of its neighbouring and regional peers. According to the Asian Development Bank (ADB), India is expected to grow at 6.7% in the fiscal year ending March 2026, driven by robust domestic demand, rising rural incomes and a vibrant services sector.
Business / 1 week ago
Hermès beats Ferrari in luxury growth race
Between haute couture and high performance, Hermès and Ferrari have each posted impressive full-year results for 2024. Hermès reported consolidated revenue of €15.2 billion for 2024, a 15 % increase at constant exchange rates and 13 % at current rates. The French house also recorded a recurring operating income of €6.2 billion, representing 40.5 % of sales, and a net profit of €4.6 billion (about 30.3 % of sales).
Culture / 4 weeks ago
Eastern Europe leads global alcohol consumption
The highest per-capita alcohol consumption in the world is concentrated in Eastern Europe. According to data from World Population Review (2022), Romania tops the list at 17.1 liters of pure alcohol per year, followed by Georgia (15.5 L), Latvia (14.7 L), Moldova (14.1 L), Czechia (13.7 L), Lithuania (12.2 L), Namibia (12 L), Poland (11.9 L), Austria (11.8 L), and Bulgaria (11.5 L).
Maps / 7 weeks ago
Europe’s rental market hits record highs as demand surges
Europe’s rental market is on fire. A new infographic reveals that London now leads the continent with an average rent of € 42.50 per square metre per month, significantly outpacing every other major European city. Oslo comes next at €29.4, followed by Paris at €28.1, with Amsterdam, Dublin, and Barcelona rounding out the top tier.
Technology / 8 weeks ago
Global smartphone leaders: U.S. takes the lead as mobile trends redefine 2025
Smartphones are no longer just a convenience; they are the backbone of modern life, driving everything from communication and commerce to entertainment and education. According to Newzoo’s Global Mobile Market Report, the United States continues to lead the world in smartphone penetration, with 81.6% of its population owning a smartphone. Japan follows closely at 78.6%, with Russia at 73.6%, while China and Indonesia hover around 68%.
Business / 9 weeks ago
India rules the global hair trade with 94% market share
When it comes to one of the most unusual yet booming global markets—human hair—India is the undisputed leader. A recent analysis by Trend Economy reveals that India is responsible for an extraordinary 94% of all human hair exports worldwide, a figure that places the country miles ahead of any competitor.
Technology / 10 weeks ago
Global EV Landscape: Chinese OEMs surge while the plug-in hybrid rebounds
The global electric vehicle (EV) market experienced a dramatic transformation in 2024, with plug-in vehicle sales reaching new heights and the rivalry between Tesla and BYD intensifying. A report based on data from CleanTechnica shows that plug-in registrations exceeded 17 million units worldwide, marking a 26% year-over-year increase and pushing EVs to a 22% share of global auto sales.
