Business
India’s retail sector: Market to hit $1 trillion by 2030; digital and D2C formats set to reshape traditional shopping – The Times of India
India’s consumption landscape is gearing up for a major shift over the coming decade, with the country’s retail market expected to reach $1 trillion by 2030. A new report by venture capital firm Fireside Ventures says this surge will be fuelled by rising disposable incomes, faster digital adoption and the growth of a large aspirational consumer class.Fireside argues that the change is not just in size but in the very structure of how Indians shop. The firm notes that retail channels are seeing their “most dramatic reconfiguration yet.” According to the report, general trade—which made up over 90 per cent of retail in 2014—is projected to drop to around 70 per cent by 2030, reported news agency ANI. At the same time, modern trade, e-commerce, quick commerce and direct-to-consumer (D2C) brands are expected to accelerate sharply. D2C and quick commerce alone may account for up to 5 per cent of the total market within the decade.With shoppers increasingly embracing digital-first formats, branded retail is forecast to double and reach nearly $730 billion, which would represent almost half of all retail spending. Fireside highlights that new-age, digital-native brands are currently scaling two to three times faster than conventional companies, helped by agile distribution, data-driven product development and more personalised customer engagement.The analysis outlines several emerging consumer segments. The firm notes, “Map your audiences, and you’ll see the opportunity take the shape of many substantial markets, whether India I, the 15 per cent population driving 35 per cent of retail and 60 per cent of branded purchases; or Bharat, the larger, fast-digitising 85 per cent, hungry for new brands and experiences,” as per ANI.By 2030, India is expected to have 1.1 billion internet users and over 400 million online shoppers. Fireside describes this as the “flattest consumption opportunity” India has ever witnessed.The firm concludes that India’s next hundred iconic consumer brands will be built by founders who blend cultural insight with digital fluency—creating niche, rooted and experimental labels that resonate with a confident, modern and increasingly regional Indian shopper.
Business
Gadgets Now Awards 2025 recognise tech excellence – The Times of India
NEW DELHI: The Times of India Gadgets Now Awards 2025 celebrated last year’s standout gadgets at an event on Monday where technology met glamour. The event drew an eclectic gathering of distinguished guests who came together to recognise technological excellence across key categories, including smartphones, smartwatches, audio products, televisions and more.This year, the Awards that are in its 6th edition went a step further and also recognised India’s leading influencers and creators who are redefining the tech content landscape.

The winners included Samsung Galaxy S25 Ultra, which scored a double win as the Best Smartphone Editor’s Choice and Popular Choice.Apple iPhone 17 was adjudged the Best Premium Smartphone Editor’s Choice, while Samsung Galaxy S 25 won the Popular Choice in the same category.Samsung once again picked up 2 awards as Galaxy Z Fold 7 was crowned the Editor’s Choice and Popular Choice winner in the Best Foldable Smartphone category.Samsung Galaxy Book 5 Pro won the Editor’s Choice Best AI-powered gadget, while Neosapien Neo 1 was the Popular Choice winner.
Business
Trump’s new global tariff comes into effect at 10%
The global levy comes in at 10%, lower than the rate the president had threatened at the weekend.
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Business
How long will Jamie Dimon stay as JPMorgan CEO? Bank chief signals ‘few more years’ at the helm – The Times of India
JPMorgan Chase CEO Jamie Dimon signalled he plans to remain in charge of the largest US bank for “a few years,” offering fresh clarity on leadership succession even as the lender projected strong investment banking and trading performance, Reuters reported.Speaking at the bank’s Investor Day in New York, Dimon said he does not intend to step down immediately and may continue with the firm in a different role after eventually relinquishing the chief executive position.“I’m here for a few years as CEO, and maybe a few after that, as executive chairman, pending whatever the board wants to do,” Dimon said.His remarks come amid long-running investor speculation over succession planning at JPMorgan, where Dimon has led the bank for two decades. The lender’s board, he has previously said, remains focused on preparing a deep bench of executives capable of eventually taking over leadership.Under Dimon’s tenure, JPMorgan has risen to become Wall Street’s largest bank by both assets and market value, with a market capitalisation exceeding $800 billion — eclipsing the combined value of rivals Bank of America and Citigroup.Alongside leadership commentary, JPMorgan said it expects investment banking fees and markets revenue to post strong growth in the first quarter, easing concerns that recent equity market turbulence could disrupt dealmaking activity.Investor worries had grown after a sharp sell-off in software and technology stocks — driven by fears of artificial intelligence disruption — raised doubts about mergers and acquisitions and IPO pipelines for high-growth companies.Allaying those concerns, the bank said investment banking fees are expected to rise by a mid-teens percentage, potentially reaching the high teens in the quarter.“We started the year strong. Pipelines were very good, and it was broad based. The one thing I will say in M&A (is that) there are powerful strategic drivers,” Doug Petno, Co-CEO of JPMorgan’s commercial and investment bank, said. “I think a lot of these transactions will survive the volatility and carry on.”Markets revenue is also expected to increase by a mid-teens percentage, supported by elevated trading activity during volatile market conditions, when investors hedge risks and reposition portfolios.The bank kept its forecast for annual adjusted expenses unchanged at $105 billion as it continues investing heavily in technology and artificial intelligence initiatives.JPMorgan expects to spend $19.8 billion on technology in 2026, up 10% from a year earlier.“We continue to invest in AI and we’re seeing tangible benefits in multiple areas. Machine learning and analytical AI have been driving improvements in revenue,” Chief Financial Officer Jeremy Barnum said, as quoted Reuters.UBS analyst Erika Najarian said markets increasingly view large money-centre banks as relative beneficiaries of AI disruption, adding investors are keen to understand both productivity gains and revenue opportunities from the technology.Executives said US consumers remain resilient despite elevated interest rates and economic uncertainty, helping sustain spending and credit quality.JPMorgan executive Marianne Lake said the bank had not seen deterioration among lower-income consumers and that “everything is solid” on the consumer front.The lender is targeting a return on tangible common equity of 17%, a key profitability metric measuring how efficiently tangible equity generates profits.In January, JPMorgan reported fourth-quarter earnings that exceeded analysts’ estimates as volatile markets boosted trading income. The bank beat Wall Street profit forecasts in all four quarters last year, according to LSEG-compiled data.JPMorgan shares rose 34.4% in 2025, outperforming both large-cap US banking peers and the broader equity market, while the stock traded marginally higher in post-market activity.
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