Business News

India’s luxury market is undergoing a structural transformation. From a booming hospitality sector expanding into Tier II & III cities to bespoke homes redefining modern living, and conglomerates like Reliance, Tata & Birla making bold bets, the luxury story goes far beyond five-star suites. Over 20,000 new luxury hotel rooms will be added by 2030, $1 billion is flowing into the sector, and a new generation of wealthy Indians is driving demand for premium experiences. Homes are turning into hospitality-grade spaces, while brands are reshaping India’s global luxury image. Is this just a boom or the beginning of a long-term shift in how India experiences luxury? Find out in the Luxury Special Issue of Business Today Magazine — On Stands and Online!

Business Today’s latest issue dissects one of the most significant economic moves of the year—the rationalisation of GST rates. Positioned as the government’s third major tax reform in recent years, this decision is not just about reducing levies but about testing whether lower prices can ignite consumption and, in turn, accelerate investment and growth. The cover story delves into the broader implications of this bold bet: will households loosen their purse strings, or will the benefits of lower indirect taxes be muted by entrenched saving behaviour? With perspectives from policymakers, economists, and industry leaders, unpack the economic risks, fiscal trade-offs, and political calculations underlying this move. From evaluating the limited success of earlier corporate and personal income tax cuts to exploring how GST reforms may reshape household demand and corporate strategies, this edition examines whether the government’s gamble can create a virtuous cycle of spending and investment or if it risks constraining fiscal flexibility in the long run.

Business Today Magazine's annual BT500 Special Issue redefines the contours of corporate performance and in this year' rankings, it is moving beyond size to position profitability as the definitive marker of resilience and long-term value. Amid policy realignments, geopolitical volatility, and heightened investor scrutiny, this profitability-centric framework offers a more credible benchmark of enterprise strength. A key inflection point is the resurgence of PSUs, long discounted as inefficient, now repositioned through capital efficiency, governance reforms, and portfolio diversification. Five PSUs in the top ten testify to this structural transformation. Their upward trajectory complements the dominance of private sector champions, generating a dual narrative of India’s growth arc. Across energy, finance, technology, and infrastructure, the unifying themes are operational discipline, technological adaptation, and scale-driven strategies. Collectively, BT500 2025 captures this new reality, where profitability, strategy, and governance coherence dictate corporate longevity. All this and more in this special issue of BT Magazine. Out on stands now.