Representative Image New Delhi: Market size of the Indian footwear industry can increase by over three times to USD 90 billion by 2030 provided a host of measures such as a ban on show imports, fiscal incentives, more design centres and Taiwanese contract manufacturers setting up shops in the country are taken, a report said…
The grounding of Boeing Co.’s 737 Max 9 quickly gathered pace, with carriers from the US to Panama to Turkey pulling the model from service for inspections after a fuselage section on a brand-new Alaska Airlines jet blew out during flight. After Alaska Air kept its fleet of 65 737 Max 9s on the ground…
Representative image Ludhiana: Although winter is the peak time for the textile industry to make sales, the traders have reported that all their hopes have been dashed to the ground due to late arrival of the winter season. The industry which has already been facing stagnation for the last few years failed to get relief…
The textile mill associations on Friday sought financial support measures for India’s spinning segment which is hit by the prolonged Ukraine-Russia conflict, the recent Israel-Hamas war, an 11% import duty on cotton and issues related to Quality Control Orders on man made fibre. Citing a 50-70% drop in capacity utilization 50% to 70%, the Confederation…
Shamli: A man was arrested and sent to jail on Saturday for allegedly offering ‘azan‘ at a 250-year-old dilapidated structure spread across nearly 4 bighas in UP’s Shamli, considered by many as a Mughal-era mosque.Shamli SP, Abhishek (who goes by his first name), said, “The accused, identified as Umar Qureshi, is a resident of Jalalabad….
NEW DELHI: Congress president Mallikarjun Kharge said on Saturday he will take a decision “very soon” about whether or not to attend the Ram Temple consecration ceremony in Ayodhya on January 22.Asserting that this was a matter of personal faith, not politics, Kharge also said anyone invited to attend, was free to decide. “It is…
New Delhi: Kalyan Jewellers on Friday said it will open its 250th showroom in Ayodhya, Uttar Pradesh, in the current quarter. In a regulatory filing, the Kerala-based jewellery firm said it plans to open additional 30 showrooms in the ongoing fourth quarter of 2023-24 fiscal in India and the Middle East. Of the 30 showrooms,…
NEW DELHI: Cricket legend Sunil Gavaskar remarked recently that Indian skipper Rohit Sharma and batting sensation Virat Kohli continue to carry the burning passion to electrify the field with their exceptional fielding prowess. Gavaskar also lauded Virat’s stellar show in the ICC ODI World Cup 2023 where India entered the final and lost the title…
Consumer discretionary major Titan Company saw 22% revenue growth for the third quarter ended December. The growth was broad-based as most of the segments put up a healthy performance during the quarter. The company added a total of 90 stores during the quarter, taking the group’s total presence to 2,949 stores. At the end of…
MUMBAI: Days after the Supreme Court asked Sebi to probe if losses due to short selling in Adani stocks were in violation of any law, the markets regulator on Friday made disclosures mandatory for such trades and allowed institutional investor participation. Short selling was earlier restricted to retail and HNI investors, but without disclosure requirement.The…
