Category Archives: economy

Dubai Property Market Threatened by Global Tariff Turmoil

Dubai’s Property Market Faces Headwinds Amid Global Tariff Pressures

Dubai’s real estate sector, which has enjoyed a staggering 70% surge since 2020, may finally be approaching a turning point. The city’s luxury property boom, fueled by global wealth inflows, tax-friendly policies, and post-pandemic migration, now faces a new external threat: tariff turmoil in global trade.

As global economic uncertainty grows and the threat of rising tariffs looms large—especially in building materials and construction logistics—experts warn that Dubai’s high-flying property market could be headed for a slowdown or correction.

What’s Driving the Concern?

1. Rising Import Tariffs

Dubai relies heavily on imported materials for its massive construction projects. With the possibility of heightened tariffs on steel, aluminum, and other essential goods, construction costs are expected to climb, which could discourage new developments and push up property prices unsustainably.

2. Global Economic Fragility

As inflation, currency fluctuations, and trade tensions ripple through global markets, Dubai—while relatively insulated—cannot remain immune. Investors may adopt a more cautious stance, especially foreign buyers evaluating currency conversion risks.

3. Costlier Financing Environment

Higher interest rates globally are also making it more expensive to finance real estate purchases, especially for leveraged investors and developers.

Recap of the 70% Rally

Dubai’s real estate sector rebounded sharply post-2020:

  • Ultra-high-net-worth individuals (UHNIs) poured in capital, seeking safe-haven assets.
  • Tax advantages and long-term residency policies attracted foreign buyers.
  • High rental yields and relaxed visa norms kept demand high.

Luxury segments in areas like Palm Jumeirah, Downtown Dubai, and Dubai Marina saw record-breaking deals—often at double pre-pandemic prices.

Who Stands to Be Affected?

  • Developers: Rising costs may force delays or redesigns of upcoming projects.
  • Buyers: Foreign investors could face higher entry points or reduced ROI.
  • Rental Market: Potential stalling of supply growth may spike rents further.

Could This Lead to a Bubble Burst?

Experts are divided. Some see the market as having strong fundamentals driven by demand, while others caution that a sharp cost increase without equivalent growth in demand could inflate a bubble.

However, Dubai has taken some precautionary measures:

  • Capping off-plan payment plans
  • Encouraging diversified investor inflow
  • Maintaining transparency in property transactions

Outlook – What Comes Next?

Dubai may adapt quickly, as it often has in the past. But the next few quarters will be crucial:

  • Will tariffs spike construction costs significantly?
  • Will investors remain bullish amid global uncertainty?
  • Can developers innovate to retain profitability?

The UAE government’s continued efforts to liberalize ownership and attract talent will likely soften the blow, but the days of uninterrupted property growth may be numbered.

Conclusion – A Tipping Point Ahead?

Dubai’s real estate sector has been on a golden run—but it’s now at an inflection point. While fundamentals remain strong, external economic forces could temper momentum.

For buyers, this could be a moment of caution. For developers, a test of adaptability. For Dubai, a chance to prove yet again why it remains a global destination—through agility and innovation.

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Food Delivery Apps Unemployed Youth Concern Echoed by Piyush Goyal

Food Delivery Apps Unemployed Youth Debate Heats Up After Piyush Goyal’s Inequality Comment

Introduction:

A new debate has gripped India’s startup and social policy circles after Union Minister Piyush Goyal remarked that food delivery apps unemployed youth are increasingly being transformed into “delivery agents for the rich.” The statement, made at a public event, has triggered a wide spectrum of reactions—from those concerned about social inequality to others highlighting the opportunities created by India’s booming gig economy.

The comments were not an outright condemnation, but rather a cautionary reflection on the evolving nature of employment and the class divide in digital India. With lakhs of youth joining platforms like Zomato, Swiggy, and Blinkit as delivery partners, the question arises: are food delivery apps empowering unemployed youth or deepening structural inequality?

Food Delivery Apps Unemployed Youth: What the Minister Said

Piyush Goyal acknowledged the innovative edge of startups in addressing service gaps but warned against a growing imbalance. He pointed out that a large section of unemployed or underemployed youth are now working as delivery riders—serving high-income consumers with disposable digital convenience.

His central concern was that this trend might reflect a structural economic issue: a lack of upward mobility and limited job diversification, particularly for those without access to higher education or specialized skills.

The Gig Economy: Opportunity or Obstacle?

India’s gig economy has grown exponentially over the past decade. The food delivery sector alone employs over 3 million workers across urban and semi-urban areas. These platforms offer:

  • Flexible working hours
  • Entry-level access without qualifications
  • Quick onboarding and earnings

However, critics argue that these jobs often lack benefits, job security, and long-term career prospects. The food delivery apps unemployed youth dynamic highlights the lack of traditional job creation in core sectors like manufacturing, engineering, or public services.

The Class Divide in App-Based Services

What Goyal emphasized—and what many on social media echoed—is the growing class divide facilitated by app-based economies. Young riders earning modest wages are delivering convenience to those who can afford it multiple times a day. This has sparked concerns that a service economy without regulation could deepen economic polarization.

Sociologists point out that while gig jobs solve short-term financial needs, they may trap individuals in a low-growth cycle. The lack of skill development or employment pathways beyond delivery roles makes upward mobility a challenge.

Voices from the Ground

Delivery agents themselves present a more nuanced picture:

  • Many say they prefer the freedom of gig work over low-paying full-time jobs.
  • Others express frustration over incentive cuts, fuel prices, and long working hours.
  • Riders interviewed by local outlets stated they need greater support, such as health insurance, skilling programs, and financial inclusion.

Government and Platform Response

Following the minister’s remarks, food delivery platforms have reiterated their role in enabling livelihoods. Companies like Zomato and Swiggy emphasize the employment and income stability provided to a vast segment of India’s young, digitally connected population.

Meanwhile, policymakers are increasingly looking at regulation. States like Rajasthan have proposed gig worker welfare boards. The central government is considering a national framework for gig and platform-based workers.

Towards an Inclusive Future

The food delivery apps unemployed youth conversation is far from one-dimensional. While the platforms offer critical lifelines, especially post-pandemic, they also highlight India’s dependency on stop-gap employment models.

Experts suggest a multi-pronged solution:

  • Integrate gig workers into skilling programs and apprenticeships
  • Offer social security through platform contributions
  • Encourage mobility from gig roles to higher-paying tech, retail, or logistics jobs

Conclusion: Piyush Goyal’s comment has opened up a much-needed national dialogue on the role of food delivery apps in the lives of unemployed youth. Are these platforms a bridge to better jobs or a long-term detour into economic stagnation?

The reality likely lies somewhere in between. As India marches toward a digital-first economy, the challenge will be to ensure that inclusivity, dignity, and growth remain at the heart of innovation.

 

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Trump Tariffs Impact on India Grows—Here’s What’s Getting Hit

Trump Tariffs Impact on India: Trade Expert Reveals Sector Most Affected

Introduction:

The Trump tariffs impact on India is once again under scrutiny as a leading trade expert reveals which sector is bearing the brunt of escalating trade restrictions. As Donald Trump signals a renewed wave of protectionist trade policies ahead of a potential 2024 return, Indian exports are in the crosshairs—and not all sectors are equally equipped to absorb the blow.

With trade between the U.S. and India exceeding $190 billion in 2023, the consequences of tariff hikes go far beyond political posturing. Indian industry leaders are raising alarms over disrupted supply chains, higher input costs, and lost market share. The question dominating policy circles now is: how deep will the Trump tariffs impact on India go?

The Sector Worst Affected by Trump Tariffs Impact on India

According to a leading trade expert cited by Hindustan Times, the worst-hit sector is India’s textiles and apparel industry. Often seen as one of India’s strongest export sectors, this segment relies heavily on access to U.S. markets. Tariffs have significantly raised costs for U.S.-based buyers, making Indian textiles less competitive compared to rivals like Bangladesh and Vietnam.

This has led to a sharp decline in order volumes and long-term sourcing contracts. Experts fear that continued tariff pressure could push small and medium textile exporters out of global supply chains altogether.

Why the Textile Sector Matters So Much

India’s textile industry:

  • Employs over 45 million people directly
  • Contributes about 12% to India’s total export earnings
  • Serves as a backbone for rural employment and manufacturing

With such a broad economic footprint, the Trump tariffs impact on India’s textile sector is not just a trade issue—it’s a socio-economic challenge. Declining export orders are already causing layoffs, delayed wages, and factory closures in key textile hubs like Tiruppur, Ludhiana, and Surat.

Ripple Effects on Other Indian Export Sectors

While textiles top the list, other industries facing significant setbacks due to Trump tariffs include:

  • Pharmaceuticals: Regulatory bottlenecks plus tariffs are squeezing margins.
  • Engineering goods: India’s machine tools and auto parts see declining competitiveness.
  • Gems and jewellery: High tariffs affect diamond and gold jewellery shipments.

The broader Trump tariffs impact on India could shave off a considerable portion of export earnings if the policy expands further.

Government’s Response to the Trump Tariffs Impact on India

The Indian government has initiated high-level discussions with its U.S. counterparts and is considering multiple policy responses, including:

  • Offering export subsidies to offset losses
  • Exploring new free trade agreements in Southeast Asia and Europe
  • Strengthening domestic supply chains to increase global resilience

India’s trade ministry is also calling for industry input to recalibrate incentives under its Production Linked Incentive (PLI) scheme to target impacted sectors more effectively.

Is There Any Upside?

Some analysts argue that Trump’s tariffs might eventually force Indian exporters to diversify their markets and innovate faster. While the transition could be painful, it may help reduce over-dependence on a single trade partner.

Additionally, countries like the UAE, UK, and Australia are emerging as new trade allies for India, opening doors for rerouting supply chains.

Conclusion: The Trump tariffs impact on India is more than just geopolitical chess—it’s a real, immediate threat to critical export sectors, particularly textiles. With millions of jobs and billions in revenue at stake, India must act quickly to shield its industries and adapt to a new, possibly protectionist global trade order.

As discussions evolve on Capitol Hill and in New Delhi, businesses and policymakers alike are watching closely. The next move could define the trajectory of India’s global trade in the years to come.

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Zepto vs Blinkit Delivery Rider: Here’s the Better One According to Him

Zepto vs Blinkit Delivery Rider Shares Real Experience—One App Stands Out

Introduction: In a world increasingly driven by hyperlocal delivery, the battle of quick-commerce giants is often played out behind the scenes—through the stories of their delivery riders. A Delhi-based man who works as a delivery rider for both Zepto and Blinkit recently shared his candid thoughts on which platform offers a better experience. The video went viral, sparking online discussions on the gig economy and working conditions in India.

The Zepto vs Blinkit delivery rider comparison isn’t just a casual opinion—it reflects broader issues around job satisfaction, pay structure, app efficiency, and worker dignity. As more Indians depend on 10-minute delivery apps for groceries and essentials, the people making it happen deserve attention.

Here’s what the rider had to say, and why his insights matter to consumers, companies, and policymakers alike.

Pay Structure and Incentives: A Key Differentiator

One of the first points the delivery rider makes is the difference in payout structure. According to him, Zepto offers higher incentives per delivery compared to Blinkit. The base rate, surge bonuses, and customer tip policies reportedly lean in favor of Zepto, giving riders more earnings per shift.

He notes that during peak hours, Zepto tends to offer better surge bonuses, especially on weekends and holidays, making it a more profitable platform for gig workers looking to maximize their income.

Order Volume and App Responsiveness

While pay is important, consistency of work also matters. The rider shared that Blinkit has a slight edge in terms of steady order volume. According to him, Blinkit’s app is more responsive and assigns orders more quickly, reducing idle time between deliveries.

However, he also pointed out that Zepto’s growing popularity is quickly closing this gap, and with better incentives, it balances out. He suggests that new riders may find Zepto more welcoming with less competition for early shifts.

Ease of Navigation and App User Interface

In terms of app usability, the Zepto vs Blinkit delivery rider stated a clear preference: Zepto’s rider app has a more intuitive interface. Route suggestions, delivery details, and order tracking were easier to follow compared to Blinkit, he claimed.

That said, he also acknowledged that both platforms have improved dramatically over the past year, investing in smoother UX to help riders manage orders efficiently.

Work Environment and Support System

A less-discussed but critical factor is the kind of support riders receive from the backend team. The delivery rider praised Zepto’s helpline as being more responsive and rider-friendly. In cases of customer cancellations or address issues, Zepto reportedly resolved matters faster.

Blinkit, while more established, was said to be slower in addressing complaints. This, the rider pointed out, can lead to unnecessary delays and frustration, especially when working under time pressure.

Rider Dignity and Respect

One of the most heartfelt parts of the rider’s video was his commentary on dignity and respect. He mentioned that Zepto’s delivery hubs had better facilities, clean waiting zones, and were more organized. These small but meaningful differences contributed to his feeling more valued as a worker.

He emphasized that such gestures, though minor from a corporate standpoint, significantly impact the mental well-being and daily motivation of gig workers.

Public Reaction and Online Buzz

The Zepto vs Blinkit delivery rider video quickly gained traction online, with thousands of views, shares, and supportive comments. Many users praised the rider for his honesty, while others demanded more transparency from quick-commerce platforms.

The video has reignited conversations around gig work, labor rights, and the need for fair treatment in India’s booming delivery economy.

Conclusion: The Zepto vs Blinkit delivery rider comparison sheds light on the lived realities of India’s gig workers. While both platforms offer opportunities, Zepto appears to edge ahead in areas like pay, support, and rider dignity—at least in this case.

As quick-commerce continues to evolve, platforms must listen to frontline voices like these to build sustainable, worker-first ecosystems. For consumers, understanding the effort behind a 10-minute delivery may just change how we value speed and convenience.

 

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Why Gold Investment in India Just Got More Interesting

Gold Investment in India 2025 Sees Shift After Govt Ends Monetisation Scheme

Introduction: Gold investment in India has always held a unique place in the hearts—and portfolios—of millions of Indians. It’s more than just a metal; it’s a trusted store of value, a cultural asset, and a go-to during financial uncertainty. In April 2025, major shifts in government policy are once again reshaping how people invest in gold. The Centre has officially discontinued the Gold Monetisation Scheme (GMS), a move that coincides with rising demand for Sovereign Gold Bonds (SGBs).

The move marks a critical turning point for gold investment in India. The government’s decision to withdraw GMS has come amidst rising global gold prices, which have surged due to geopolitical uncertainty and inflation fears. Meanwhile, investors have increasingly gravitated toward SGBs for their tax benefits, interest payouts, and government backing.

Let’s break down what these changes mean for investors, the impact on gold prices, and what the future holds for gold investment in India.

Why Did the Government Discontinue the Gold Monetisation Scheme?

Low Public Response and Operational Challenges Launched in 2015, the Gold Monetisation Scheme aimed to mobilize idle gold lying in households and temples by converting it into interest-bearing deposits. However, it saw poor traction due to logistical hurdles, lack of awareness, and concerns over the purity and evaluation process. As a result, the government has decided to discontinue it starting FY 2025-26.

Shift in Focus to Sovereign Gold Bonds (SGBs) Instead of continuing the underperforming scheme, the government is now redirecting efforts to promote SGBs. These digital gold investment options offer 2.5% annual interest and capital gains tax exemption upon maturity, making them more appealing to modern investors. This shift reflects a broader trend in gold investment in India toward transparency, efficiency, and formalized investment methods.

 

 

 

 

 

 

 

How This Affects Gold Investment in India in 2025

Rise in Gold Prices and Renewed Investor Interest Following the announcement, gold prices saw an upward surge in Indian markets. Investors interpret the policy change as a signal of future scarcity in government-backed deposit programs, pushing more demand toward market-linked instruments like SGBs and ETFs. This impacts short-term trading as well as long-term gold investment strategies in India.

Digital and Paper Gold Gain Traction As physical gold continues to face issues like purity checks and storage safety, digital formats like SGBs and Gold ETFs are emerging as preferred modes for retail investors. The ease of access, absence of making charges, and official support are helping build investor confidence.

Implications for Long-Term Investors Long-term gold investors in India now need to rethink their strategy. With the monetisation scheme off the table, SGBs become the most tax-efficient and secure gold investment route. Portfolio diversification through digital gold will likely dominate discussions among financial planners and retail investors alike.

Expert Takeaways and Market Outlook

Analysts Suggest Staying Invested in SGBs Financial advisors recommend maintaining gold exposure via SGBs rather than physical assets, especially with the additional 2.5% yield and capital gains tax exemptions. The upcoming SGB series is expected to see a spike in subscriptions.

Market Volatility Could Drive Short-Term Opportunities With the end of GMS and global uncertainties, gold prices are expected to remain volatile in the short term. Traders may find swing opportunities, while long-term investors should stay focused on the fundamentals of gold investment in India.

Budget 2025-26 May Bring More Clarity The next Union Budget could introduce additional reforms or incentives to encourage digital gold adoption. Experts suggest watching for changes in taxation or new investment products that may further evolve gold investment in India.

Conclusion: The discontinuation of the Gold Monetisation Scheme marks the end of an era and the beginning of a digital future for gold investment in India. With rising gold prices and the increasing popularity of Sovereign Gold Bonds, the Indian investor now has to pivot to smarter, more formal investment avenues.

While the GMS failed to strike a chord with the masses, its conclusion opens up a clearer path for efficient, profitable, and secure gold investment. Investors should remain informed, assess their risk appetite, and align their portfolios with evolving financial products.

Whether you’re a seasoned investor or just starting, 2025 is shaping up to be a crucial year for gold investment in India.

 

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Lehlah Raises Rs 12.5 Crore in Funding Led by Nikhil Kamath

Lehlah Raises Rs 12.5 Crore: Nikhil Kamath-Backed Startup Eyes Creator Commerce Growth

Introduction

India’s booming creator economy just got a major push as influencer commerce startup Lehlah raises Rs 12.5 crore in seed funding. The round was led by Gruhas, the investment platform co-founded by Zerodha’s Nikhil Kamath. Positioned at the intersection of tech, creators, and commerce, Lehlah aims to redefine how influencers launch and monetize their own D2C brands. With this capital infusion, the company is looking to expand its team, invest in tech, and bring more creator-led brands to life.

The news that Lehlah raises Rs 12.5 crore signals growing investor interest in the fast-evolving influencer-driven business model.


Funding Details

Investment Highlights

  • Total raised: ₹12.5 crore (~$1.5 million)
  • Lead investor: Gruhas (Nikhil Kamath & Abhijeet Pai)
  • Other investors: WEH Ventures, All In Capital, and angel investors from the startup and content ecosystem

Usage of Funds

Lehlah plans to use the funds for:

  • Scaling its tech platform
  • Expanding creator partnerships
  • Hiring across product, engineering, and growth teams
  • Supporting brand launches and logistics

What is Lehlah?

Lehlah is a full-stack platform that enables influencers to:

  • Launch their own brands from scratch
  • Manage product development, supply chain, and fulfillment
  • Handle marketing and customer engagement

Why It Matters

With creators becoming brands themselves, Lehlah simplifies the process of monetizing their audience and turning influence into commerce.


Founders and Vision

The Founding Team

Lehlah was founded by a team with backgrounds in consumer tech, marketing, and brand building. The exact names were not disclosed in the article, but the company is rooted in deep experience across D2C and creator-led growth.

Vision for the Future

Lehlah aims to be the Shopify + agency for India’s influencer economy, giving creators full control over their digital storefronts while handling backend complexity.


Why Investors Are Betting on Lehlah

Nikhil Kamath’s Backing

Gruhas co-founder Nikhil Kamath said the investment aligns with their interest in content-driven commerce. “Creators are the new-age entrepreneurs,” he noted.

Market Potential

India has over 80 million content creators, with a growing number exploring brand creation. Influencer commerce is projected to reach ₹2,200 crore by 2027.


Industry Context: Rise of Creator-Led Startups

Growing Creator Economy

More influencers are moving beyond brand deals and affiliate marketing, opting instead to launch their own products—beauty, fashion, wellness, and more.

Tools for D2C Enablement

Startups like Lehlah are essential to lowering the barriers to entry for creators, who often lack the backend knowledge or capital to scale D2C businesses.

Competitors to Watch

Similar startups in the space include:

  • TMRW by Aditya Birla
  • Moj creator programs
  • CreatorStack

What’s Next for Lehlah?

  • Onboard more micro and mid-tier creators
  • Launch multiple niche brands in beauty, fashion, and wellness
  • Strengthen tech offerings for analytics, logistics, and CRM

By mid-2025, Lehlah aims to power over 100 creator-led brands.


Conclusion

That Lehlah raises Rs 12.5 crore is not just another funding headline—it’s a signal of where digital commerce is heading. With creators becoming entrepreneurs and audiences doubling up as consumers, the influencer economy is at a turning point. Lehlah is well-positioned to ride this wave, empowering creators to build sustainable, independent businesses. As India’s content and commerce worlds merge, startups like Lehlah are shaping the next chapter of eCommerce.

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GST Receipts March 2025 Hit ₹1.96 Lakh Cr: 2nd Highest Ever!

GST Receipts March 2025: ₹1.96 Lakh Crore Marks 2nd Highest Ever

Introduction

India’s economy received a strong fiscal boost in March as GST receipts March 2025 soared to ₹1.96 lakh crore—making it the second-highest collection since the implementation of the Goods and Services Tax. This robust growth not only reflects economic recovery and strong compliance but also signals healthy consumption and manufacturing activity. As policymakers and industry leaders take note, the sharp rise in GST collections is being seen as a positive indicator of India’s macroeconomic trajectory. Let’s break down what drove this number and why it matters.


A Closer Look at the March 2025 Numbers

Key Highlights

  • Total GST collection: ₹1,96,000 crore
  • Second highest ever after April 2023’s ₹1.87 lakh crore
  • Year-on-year growth of over 11%

Revenue Breakup

  • CGST: ₹36,558 crore
  • SGST: ₹31,838 crore
  • IGST: ₹1,02,023 crore
  • Cess: ₹25,581 crore

These figures reflect continued economic momentum across sectors.


What’s Fueling the Rise?

1. Manufacturing and Services Surge

Both manufacturing and service sectors witnessed improved output, contributing to higher GST compliance.

2. Festive and Fiscal Year-End Effect

End-of-year reconciliations and festive spending in Q4 of FY24–25 gave a strong push to retail, logistics, and consumption.

3. Technology-Driven Compliance

The government’s consistent rollout of e-invoicing, data analytics, and AI-based fraud detection has significantly improved tax transparency and collections.

4. Reduction in Evasion

Stringent audits and digital scrutiny under the GST regime have curtailed under-reporting.


State-Wise Growth Trends

Several states reported double-digit growth in GST collections:

  • Maharashtra
  • Karnataka
  • Gujarat
  • Tamil Nadu

These industrial hubs have shown steady gains due to growth in retail, infrastructure, and exports.


Government’s Perspective

Finance Ministry’s Statement

The Ministry hailed the numbers as a sign of robust economic fundamentals. It reaffirmed the government’s commitment to:

  • Simplifying GST compliance
  • Expanding the tax base
  • Ensuring prompt disbursements to states

Future Projections

Experts predict the monthly GST receipts could soon consistently cross the ₹2 lakh crore mark by mid-2025 if the current trend continues.


Sectoral Analysis

Retail and FMCG

High footfall and consumer spending lifted GST revenues in the consumer goods and retail sectors.

Infrastructure and Real Estate

Large-scale project completions and material sales contributed to higher tax payments.

Logistics and E-Commerce

The post-pandemic shift to digital commerce continues to expand the tax net in these sectors.


Implications for the Economy

Fiscal Health

The GST receipts bolster government revenue, reducing reliance on borrowing and creating room for capital expenditure.

State Finances

Timely fund transfers from GST collections help states plan welfare schemes and infrastructure investments.

Inflation and Consumer Prices

Higher GST may reflect stronger demand, but also puts pressure on prices. However, inflation remains largely in check.


Conclusion

The GST receipts March 2025 surge to ₹1.96 lakh crore marks a milestone in India’s economic progress. This performance showcases a tax system maturing in structure and adoption. As the nation moves into FY2025–26, the focus will remain on sustaining this momentum through technological innovation, compliance facilitation, and inclusive economic growth. For now, the numbers tell a clear story: India’s growth engine is humming.

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