Representative image Mumbai: The diamond industry is in facing major headwinds, going by a CRISIL report. Diamantaires are bracing for a decadal-low in revenues as demand slumps. Flattish margins, declining working capital requirements, and controlled debt are expected to aid credit profiles. India’s natural diamond polishing industry is set to see revenues plummet 25-27% on-year…
Elon Musk on Wednesday cleared the air about dating rumors with Italian Prime Minister Georgia Meloni after the duo’s picture went viral on social media.“We are not dating,” the Tesla CEO responded to a post on X. The post received a mixed reaction from the netizens with some expressing with some shipping the two with…
Kangana Ranaut (File photo) NEW DELHI: BJP leader Kangana Ranaut on Wednesday posted a video apologising over her “bring back three farm laws” remark, which triggered a massive controversy, with opposition cornering the BJP and seeking action against the Mandi MP.Kangana said she needs to be mindful that her opinions are in sync with the…
Sachin Tendulkar and Joe Root. (Getty Images) NEW DELHI: Even if Joe Root is unable to surpass Sachin Tendulkar‘s incredible record of 15,921 runs, he will be remembered as England‘s greatest batsman in Test cricket, according to his former teammate Ian Bell. Recently, Root surpassed the legendary Kumar Sangakkara of Sri Lanka to take sixth…
NEW DELHI: Karnataka police detained BJP workers on Wednesday as they attempted to surround chief minister Siddaramaiah‘s official residence. The workers demanded Siddaramaiah’s resignation after the high court dismissed his plea against Governor Thaawarchand Gehlot‘s sanction to investigate him in the alleged Mysuru Urban Development Authority (MUDA) land allotment scam.Siddaramaiah has refuted calls for his…
Arvind Kejriwal and Mohan Bhagwat (R) NEW DELHI: AAP national convener and former Delhi chief minister Arvind Kejriwal on Wednesday penned a letter to RSS chief Mohan Bhagwat, outlining five “key concerns,” including the alleged misuse of central agencies by the BJP. Kejriwal accused the BJP of deploying agencies like the CBI and ED against…
<p>Vande Bharat sleeper: BEML and ICF were contracted to supply 10 trains on a nomination basis. <br></p> Vande Bharat sleeper trains: The delivery of 200 sleeper variant Vande Bharat trains of Indian Railways may take more time than initially anticipated. Negotiations regarding design modifications and train length for the nearly Rs 60,000 crore supply and…
Australians were thrown into panic on Wednesday after they received tsunami warnings on their weather app, only to be relieved later as it was revealed that the alert tuned out to be a test by Bureau of Meteorology.App users were alerted to an impending tsunami triggered by an 8.2 magnitude earthquake off New Zealand’s west…
Foxconn’s proposed unit will undoubtedly elevate India’s position in the electronic assembly and manufacturing value chain. (AI image) Foxconn, the Taiwanese contract manufacturer, is considering investing approximately $1 billion in establishing a smartphone display module assembly unit in Tamil Nadu, according to informed sources. This facility will be the first of its kind for Foxconn…
Anuj Gupta of HDFC securities attributed the record-high gold prices to persistent optimism over U.S. interest rate cuts. (AI image) Gold rate today: Gold October futures contracts at MCX reached a new all-time high of Rs 76,000 per 10 grams on Wednesday. Over the past week, gold prices have risen by Rs 2,900 per 10…
