Representative image. Bharat Ratnam Mega CFC (Common Facility Centre) at the SEEPZ SEZ in Mumbai, which was inaugurated by Prime Minister Narendra Modi on Friday, will drive gem and jewellery exports from the country. This project aims to create a world-class infrastructure for promoting the inherent skills of the gems and jewellery manufacturing industry. The…
Representative image Gold prices gained on Friday as fears of escalating conflict in the Middle East lifted the appeal of the safe-haven metal, despite stronger than expected US inflation data boosting the dollar and Treasury yields. Spot gold was up 0.5% at $2,038.19 per ounce at 0951 GMT, extending its run above the $2,000 level…
Representative image Direct to consumer fashion jewellery brand Salty has raised Rs 5.4 crore in funding in a seed round led by All in Capital and Anicut Capital. Other strategic investors participating in the round are Suashish Diamonds, JK Group, among other angel investors. Founded in 2022 by Sonaal Goel, Twishaa Gupta, and Kanishka Garg,…
NEW DELHI: In the first match of the three-match T20 series against Afghanistan, India’s spinner Axar Patel made an unusual request to the on-field umpire during the chilly night in Mohali. Patel asked if he could wear a glove on one hand while bowling, considering the extreme cold conditions. However, the umpire declined the request,…
Harit Zaveri, joint MD, RBZ Jewellers Harit Zaveri, Joint MD, RBZ Jewellers, says “as a company, we always imagine that in whichever segment we are in, let us first, you know, at least we have a headroom of 3X. You know, let us say the retail store is right now doing 135 to 140 crore,…
NEW DELHI: The Goa police suspect that the alleged murder of a four-year-old by his own mother, Suchana Seth, was likely pre-meditated after they found empty bottles of cough syrup in a room where the CEO of a start-up was staying.The bottles suggest that Seth might have given a heavy dose of the medicine to…
Representative image. Kolkata: Demand for woollens and thermal wear have declined by 30% year on year this season mainly due to late arrival of winter, prompting knitwear makers to slash production by up to 50%. Dealers and distributors are unwilling to pick up new stocks as they are yet to offload last year’s stock, and…
Ecuador is grappling with an unprecedented wave of violence following a series of alarming incidents, including a live television studio invasion by armed gunmen. President Daniel Noboa‘s recent declaration of 22 gangs as terrorist organizations and military targets marks a significant escalation in the government’s response to the crisis.At least 10 people, including two law…
NEW DELHI: The first US lunar lander in more than 50 years rocketed to space gave up its hopes on Moon landing after the lander faced a “critical” fuel leak on Tuesday.Informing that there was “no chance of a soft landing on the Moon”, the company said, “given the propellant fuel leak, there is, unfortunately,…
Gautam Singhania, Managing Director Raymond The Gautam Singhania-led Raymond Group settled a case of alleged customs duty evasion filed by the Directorate of Revenue Intelligence (DRI) over the import of 142 cars by paying ₹328 crore. The amount paid by Raymond Group unit JK Investors (Bombay) Ltd is inclusive of differential duty along with interest…
