Author: Akanksha Nagar

RPSG Lifestyle Media’s Avarna Jain to launch American luxury-lifestyle magazine Robb Report in India

When asked how Indians are redefining luxury, Avarna Jain emphasizes that one key way they are doing so is by embracing their own heritage — no longer seeking validation from the West.

In an interview with Storyboard18, Avarna Jain, Chairperson of RPSG Lifestyle Media, shared her vision of positioning RPSG Lifestyle Media as the definitive authority on luxury and lifestyle. In discussing the curation of experiences for the Robb Report, Jain also delved into the broader conversation surrounding the evolving landscape of luxury consumption in India.

Finfluencers face 60% decline in brand deal rates, drop in followers as SEBI tightens rules

Finfluencers will face a massive revenue drop as brand deals evaporate, as firms will no longer risk collaborations that could land them in non-compliance with SEBI’s circular, say experts. (Representative Image: Mark Duffel via Unsplash)

SEBI’s latest move to prohibit financial influencers from using trend data to make predictions would lead to a significant drop in brand deals from brokerage firms and investment platforms. However, improvements in disclosures, reduced deceptive practices, and better measurability in influencer marketing are expected.

BJP spent over Rs 611 cr on media ads for Lok Sabha campaigning in 2024

Overall, BJP spent Rs 1737.68 crore on Lok Sabha elections in 2024. (Image source: CNBC-TV18)

According to the expenditure report submitted by the Bhartiya Janta Party to the Election Commission of India, it also spent Rs 55.75 crore on publicity materials such as posters, banners, hoardings, and flags to bolster its election outreach.

DPOs in demand: DPDP draft rules push Meta, Kotak, GMR to seek Data Protection Officers

The public feedback period on draft DPDPA rules was accepted till March 5, 2025. While businesses continue to strengthen their internal structure to comply with the rules, many industry bodies have pointed out the difficulties in achieving so- especially by the small-scale startup and businesses.

The release of draft Digital Personal Data Protection rules in January ’25 has spurred companies to intensify compliance audits to enhance data protection measures and onboard Data Protection Officers in many cases.

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Byju’s executive, business partner found in contempt of US court

Bjyu's used to be India's leading online education platform, which valued around $22 billion at its peak. But, the company found itself in trouble with the law and central agencies because of subdued demand and irregularities in foreign investments.

Byju’s Vinay Ravindra and Rajendran Vellapalath failed to answer questions about their roles in stripping software, cash and other assets from Byju’s US businesses.

Auto sector seeks GST revision, inclusive schemes for EVs, bold incentives from Union Budget 2025

Though the auto sector has seen positive changes, certain shortcomings require the attention of policymakers, say experts. (Image source: Unsplash)

Simplified GST rate structure for automobiles and auto components, reduction of GST on hybrid vehicles, clarity on incentives and schemes are said to augur well for the auto sector and global investments.