Representative image. Dubai: The gem and jewellery trade between India and UAE has grown significantly, particularly following the India-UAE CEPA agreement, and about 30 per cent of the total gems and jewellery imported by the emirate is sourced from India, the Gem and Jewellery Export Promotion Council (GJEPC) said. The UAE currently imports gems and…
Amid the ongoing tensions between Hamas and Israel, Tesla CEO Elon Musk has announced that all Tesla Superchargers in Israel will now be free for users. At present, as per Tesla’s website, the EV manufacturer has at least 17 working superchargers deployed across the war-ridden country. Musk’s announcement comes at a time when the Israeli-Palestinian…
TOKYO, – Japan’s Fast Retailing Co , owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28% to reach its second consecutive record, aided by a post-pandemic recovery in China and the yen’s slide. Profit was 381.1 billion yen ($2.56 billion) in the 12 months through August compared with 297.3 billion…
Representative image Moet Hennessy India, part of French luxury group LVMH, has extended its Chandon spirits label in India to the still wines segment, with the launch of Chandon Aurva, company executives said. Ipsita Das, managing director at Moet Hennessy India said: “Aurva is a significant step in the made-in-India direction. We are expanding our…
Representative image. Kolkata: Sales of solitaire diamonds of 1 carat and above have picked up in India‘s top cities after the pandemic, as weak demand in the western markets and a resultant drop in prices have made the precious stone more affordable for local buyers. Global diamond conglomerate De Beers as well as local chains…
Rising tension between Israel and Palestine is not likely to have any adverse impact on the gem and jewellery industry’s exports, GJEPC has said. India has witnessed substantial exports of gem and jewellery to Israel, amounting to USD 1,279.76 million in 2022-23, according to data by the Gem Jewellery Export Promotion Council (GJEPC). It is…
The downsizing of Canadian missions in India is not complete yet with both countries still discussing the modalities of the exercise and Ottawa apparently not keen on ensuring parity in diplomatic presence that New Delhi is seeking. The Indian government didn’t deny reports on Wednesday from Canada that some of its diplomats may have overstayed,…
NEW DELHI: The Supreme Court, which has traditionally been pro-life, was split Wednesday over choosing between stopping the heart of an over 26-week-old healthy fetus and the choice of its carrier, a married woman, to terminate the pregnancy which is impermissible under the Medical Termination of Pregnancy (MTP) Act.A bench of Justices Hima Kohli and…
New Delhi: D2C essential menswear brand DaMENSCH is planning to open 100 stores by the end of 2024, the company shared in a media release on Wednesday. Within a span of 12 months, the homegrown innerwear brand has opened 25 exclusive retail outlets in India. On the recent launch of its 25th store, Gaurav Pushkar…
New Delhi: Bagzone Lifestyles, the parent company of fashion accessories brand Lavie has raised USD 9 million in a funding round by First Bridge India Growth Fund, shared a top official of the company. This is the first external funding for the bootstrapped startup, said Ayush Tainwala, CEO, Bagzone Lifestyles. He declined to share the…
