Inditex, the parent company of Zara and the world’s largest publicly listed fast fashion company, is taking steps to expand its budget-friendly brand Lefties in response to the growing competition from Chinese-founded Shein. The rise of Shein, an online marketplace known for its low prices and lack of physical stores, has created pressure for retailers…
Union ministers Dharmendra Pradhan, Bhupendra Yadav, Piyush Goyal, Mansukh Mandaviya, Parshottam Rupala and Rajeev Chandrasekhar may be part of BJP’s first list of Lok Sabha candidates, reports Akhilesh Singh.As a primer to its central election committee (CEC) huddle that is set to decide over 150 candidates, an “informal meeting” of BJP brass with leaders from…
NEW DELHI: The three newly-enacted criminal laws passed during the winter session of Parliament are set to come into effect from July 1, as per a government notification.The laws – the Bharatiya Nyay Sanhita, the Bharatiya Nagarik Suraksha Sanhita and the Bharatiya Sakshya Act will replace the British-era Indian Penal Code, the Code of Criminal…
MUMBAI: Nifty on Friday hit a new peak, third time in as many consecutive sessions while the sensex reversed after nearing its all-time high level. Both the indices, however, closed flat as investors preferred to book profit at higher levels, market players said. Nifty, after recording a new peak at 22,298 points, closed at 22,213,…
MUMBAI: RBI said non-banks can issue prepaid payment instruments to commuters of transit services after its approval. Under the amended regulation, both banks and non-banks can issue rupee-denominated prepaid instruments that have a built-in automated fare collection application related to transit services, toll and parking. Sources said the norms apply mainly to National Common Mobility…
NEW DELHI: Government is set to issue Google a notice after the firm’s AI platform Gemini threw up unsubstantiated allegations in response to a query on PM Modi.Minister of state for IT Rajeev Chandrasekhar took a serious view of the matter after it was flagged by a user on X. “These are direct violations of…
JAIPUR: A cashier at Punjab National Bank (PNB) is fighting for life after being shot at on Friday while thwarting two armed men from robbing its Jaipur branch which, inexplicably, did not have a guard.Narendra Singh Shekhawat (49) waged a lone battle despite multiple gunshot wounds to defend the branch on Joshi Marg and forced…
Representative image KOLKATA: The wedding season currently underway and the festive season late last year have combined to push up demand for gold in Kolkata by almost 20%. According to associations of jewellers and individual brands, the surge this season has been the best, not only after the pandemic but also in the last one…
Representative Image Aditya Birla Group‘s jewellery business under the brand name ‘Novel Jewels Ltd’ will start its operations this July, ET Now claimed quoting its sources. The company last June had announced its intention to get into the retail jewellery business with investment of around Rs. 5000 crore. The company had then said that the…
VARANASI: In the run-up to the 2024 Lok Sabha elections, Prime Minister Narendra Modi is set to shower his parliamentary constituency, Varanasi, with a slew of development projects worth crores of rupees on Friday. This visit is expected to mark the official start of his campaign for the upcoming polls.During his whirlwind tour, the PM…
