India‘s gold imports in 2024 could fall by nearly a fifth from the previous year, as record high prices spur retail consumers to exchange old jewellery for new items, the head of an industry body told Reuters. Lower imports by India, the world’s second biggest consumer of the precious metal, could cap a rally that…
NEW DELHI: India-born Gopi Thotakura, the first Indian citizen to venture into space as a tourist, flaunted the Indian flag while floating in the spacecraft due to gravity loss. The video capturing the crew’s gravity-defying exploits has become viral on social media.In the footage shared by Blue Origin, Gopi Thotakura can be seen showcasing a…
NEW DELHI: A total of 58 passengers from the Singapore Airlines flight that experienced severe turbulence on Tuesday are still receiving medical treatment at various facilities, according to Bangkok’s Samitivej Hospital. Among them, 20 are currently in intensive care while 27 people have been discharged so far.The Singapore Airlines flight was hit by turbulence that…
NEW DELHI: Delhi water minister Atishi wrote a letter to the Haryana chief minister on Wednesday, accusing the BJP-led Haryana government of ‘deliberately reducing the water level’ in Delhi. This accusation comes after the sudden reduction in Yamuna river flow into the national capital.In the letter Atishi said, “I am writing this letter to draw…
Marks & Spencer (M&S) smashed forecasts with a 58% rise in annual profit on Wednesday and announced its first yearly dividend since 2019, suggesting the British retailer may finally have found a recipe for revival after two decades of trying. Shares in the 140-year old food and clothing group, one of the biggest names in…
NEW DELHI: Bangladeshi MP Anwarul Azim, who had come to India on May 12 for medical treatment, was found dead in Kolkata on Wednesday. His body was recovered under mysterious circumstances from an apartment in a posh residential complex at New Town on the northern outskirts of Kolkata in the morning. Azim, who was a…
Outdoor and adventure gear brand Wildcraft India on Wednesday said it has tied up with Dubai-based fashion and lifestyle retail player Apparel Group for its expansion in the Gulf Cooperation Council (GCC) region. Under the partnership, Apparel Group will partner with leading retailers through Shop-in-Shop (SIS) collaborations to make the Wildcraft brand accessible across all…
NEW DELHI: Two young software engineers died on Sunday after a Porsche Taycan car, driven by a prominent builder’s 17-year-old son, hit their motorcycle from behind at around 2.30am in Pune. The car was being driven at 160kmph at the time of the crash. The cops identified the deceased as Aneesh Awadhia (24) and Ashwini…
A CRISIL Ratings analysis of 54 gold jewellery retailers, which account for 32% of the organised jewellery sector revenue released today says that organised gold jewellery retailers are set to clock 17-19% on-year revenue growth in fiscal 2025, driven by higher realisations stemming from elevated gold prices, while volume will remain steady. Retailers are likely…
9-carat gold to be hallmarked soon? The gold trade has requested the Bureau of Indian Standards (BIS) to implement hallmarking and Hallmarking Unique Identification (HUID) numbers for 9-carat gold jewelry. This move comes as the prices of gold and silver have reached record highs, making them unaffordable for many consumers. At present, only 14, 18,…
