Representative image Kolkata: Amidst soaring gold prices, jewellery retailers are increasingly turning to lightweight ornaments sourced from wholesalers to offset the price surge. This trend was prominently observed at the Bengal International Expo-2023 which kicked off on Friday and will be on till December 10 at the Biswa Bangla Mela Prangan. The expo functioning as…
Indian diamond industry will resume rough diamond imports from December 15, two months after it voluntarily suspended the imports in the wake of low demand. The suspension was in effect from October 15-December 15. The suspension was collectively taken by the Gems and Jewellery Export Promotion Council (GJEPC), Bharat Diamond Bourse, Mumbai Diamond Merchants Association,…
AIZAWL: Former IPS officer Lalduhoma, a maverick who led his fledgling party to a famous electoral victory against Zoramthanga’s MNF, was sworn in on Friday as the CM of a 12-member Zoram People’s Movement (ZPM) government in Mizoram that includes the state’s first woman minister of cabinet rank in 61-year-old Lalrinpuii.The new government has seven…
NEW DELHI: Madhya Pradesh BJP in-charge Murlidhar Rao said on Friday that the chief ministers for Madhya Pradesh, Rajasthan, and Chhattisgarh would be announced within the next two days.Rao stated, “Central observers appointed by the party for the three states will visit each state, and the party will unveil its Chief Ministerial choices for those…
Representative image MUMBAI/LONDON: India, home to 90% of the world’s diamond cutting and polishing industry, and De Beers, the top global rough diamonds producer by value, are seeking clarity and flexibility from G7 countries in implementing a ban on imports of Russian gems. The Group of Seven countries on Wednesday announced a direct ban on…
Lululemon Athletica Inc on Thursday forecast fourth-quarter results below expectations, striking a cautious tone for the holiday season and sending shares of the premium apparel retailer down 2% in extended trading. The forecast, after a strong third-quarter show, mirrors sentiments from other U.S. retailers such as Walmart, Best Buy and Kohl‘s which have hinted at…
Levi’s CEO Chip Bergh NEW YORK: Levi Strauss & Co. said Thursday that its CEO will step down in January and hand over the reins of the jeans maker to his appointed successor. Chip Bergh, 66, will cede the CEO job to Michelle Gass, 55, who left her CEO role at Kohl’s to become president…
NEW DELHI: Finance minister Nirmala Sitharaman‘s sharp response following a discussion on the economic situation in India saw her take the “light banter” route to highlight how former finance minister and senior Congress member P Chidambaram cited the arguments put forth by TMC member Derek O’Brien during his speech on the economic situation. Without naming…
Group of Seven nations have agreed to ban Russian diamond imports from the start of next year in the latest move to curb Russia’s ability to fund its invasion of Ukraine. While the G-7 and its European allies have been trying to find additional ways to squeeze Russia’s economy to constrain its ability to fund…
NEW DELHI: In a critical showdown before the Iowa caucuses, the fourth Republican presidential debate in Tuscaloosa, Alabama, turned intensely personal. The stage featured former UN ambassador Nikki Haley, tech entrepreneur Vivek Ramaswamy, Florida governor Ron DeSantis and former New Jersey governor Chris Christie.Haley under fire: ‘I love all the attention fellas’While former United Nations…
