MUMBAI: Enforcement Directorate (ED) conducted searches at six locations in Mumbai as part of a money laundering case involving art dealer Rajesh Rajpal, solicitor Vishwang Desai, and others who were accused of selling fake artworks.ED said it has found evidence which showed operations of a cartel engaged in trading of fake artwork, generation of fake…
MUMBAI: Goldsmiths often report that the rising rate of bullion does not deter festive buyers and investors. The first has a pressing need to purchase while the second is mindful that the value of the precious metal will only appreciate. However, this past week since gold broke the psychological barrier of Rs 65,000 per 10…
Italian luxury fashion house Bulgari saw its best-ever sales performance in India in 2023 and this year looks even better with robust demand for its jewellery products, Jean-Christophe Babin, CEO, told ET in an interview. Babin said the opening of the Jio World Plaza, a luxury mall in Mumbai, has delivered “very good” results for…
MUMBAI: Union finance minister Nirmala Sitharaman on Friday denied there was any quid pro quo in contributions to BJP through electoral bonds (EBs) and raids on corporates by ED.In response to a question at The Economic Times Awards for Corporate Excellence in Mumbai, Sitharaman dismissed such allegations as loose talk. “Linking it (buying of bonds)…
When Kugadas Mathulan bowled a lethal in-swinging yorker that swept the batsman off his feet, he wouldn’t have thought that the viral clip from the match between St. John’s College and Jaffna Central College will catch the attention of Chennai Super Kings‘ iconic skipper MS Dhoni.The 17-year-old right-arm Jaffna pacer’s dream delivery not only did…
An item of clothing by Spanish fashion retailer Mango (file image) Spanish retailer Mango is honing in on adaptable clothing to help customers adjust to wild swings in temperature as climate change makes fashion less seasonal, Chief Executive Toni Ruiz told Reuters. The clothing industry used to work according to clearly delineated seasons, but global…
Representative image France is proposing a European Union ban on exports of used clothes, the environment ministry told Reuters on Thursday, as governments look for new ways to tackle the worsening problem of textile waste. United Nations trade data shows the EU exported 1.4 million metric tons of used textiles in 2022, more than twice…
New Delhi: The Trade and Economic Partnership Agreement (TEPA) between India and European Free Trade Association (EFTA) is expected to triple the export of Indian gems and jewellery to Switzerland, Iceland, Norway and Liechtenstein to USD 1 billion in the coming years, said Vipul Shah, Chairman, GJEPC in a press note on Thursday. Currently, India…
NEW DELHI: The Petrol and Diesel prices have been reduced by Rs 2 per litre across the country. The revised price will be applicable from 6 am on Friday, March 15, the oil ministry said. Petrol in the national capital will now cost Rs 94.72 a litre compared to Rs 96.72 per litre currently, and…
Apparel maker Under Armour said on Wednesday that founder Kevin Plank will return to the company as CEO, effective April 1. The company’s shares rose 6% to $8.26 after the bell. Plank founded Under Armour in 1996 and served as the company’s top boss till 2019. In January 2020, Plank was appointed as the company’s…
