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Why the ultra-rich are giving up on luxury assets

The price of “prime” housing is falling in London and Paris. Two years ago a house on San Francisco’s “Billionaires’ Row” went on sale for $32m. The sellers have now cut the price to $26m. (Picture for representational purposes only)
Updated on Oct 13, 2025 10:16 am IST

Luxury goods are out, but luxury travel is in

Reprsentative photo.(Shutterstock)
Updated on Oct 07, 2025 12:11 pm IST

Expats leaving Dubai is bad news for the economy

Passengers wearing masks due to the coronavirus pandemic wait at ticketing for flights at Dubai International Airport's Terminal 3 in Dubai, United Arab Emirates(AP)
Published on Jun 11, 2020 12:11 pm IST

Your space: PMPML, Pune cannot afford e-buses

The city is currently facing an issue of shortage of buses plying on routes and its lack of frequency. Despite this being a major inconvenience, PMPML has decided to invest in e-buses instead of increasing the number of regular buses.(RAHUL RAUT/HT PHOTO)
Updated on Dec 16, 2018 03:35 pm IST
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