Representative Image The government’s proposal to impose a 20% tax on expenditures made abroad under the Liberalised Remittance Scheme, in case of amounts exceeding ₹7 lakh in a financial year from October 1, is likely to push the sale of luxury brands in India, experts said. Covid had helped boost demand for luxury brands in…
The textile division of Grasim Industries is planning to expand its footprint in smaller cities and towns by opening around 100-120 retail stores over the next couple of years, a senior official of the company said. It also hopes for a surge in demand for textile products in the upcoming festive season. “We are optimistic…
NEW DELHI: In a big endorsement for India’s rising global stature, African Union chairperson Azali Assoumani on Sunday said the country is a “superpower” which is now “ahead of China”.“India is the 5th superpower in the world so there is enough room for India in Africa. We also know that India is so powerful that…
Threat of a washout looms over Super 4 clash against PakistanAfter numerous statements by current and former board chiefs and players, a plethora of social media posts, sarcasm-dipped icy barbs about floodlight failure in Lahore and tireless discussion over rainy Colombo as a choice of venue for a marquee event like the Asia Cup, the…
NEW DELHI: Australian cricketer David Warner made headlines on Saturday as he achieved a remarkable milestone when he scored his 20th ODI hundred against South Africa at Mangaung Oval, Bloemfontein. With this century, Warner now holds the record for the most international hundreds by an opening batter in world cricket. This achievement surpasses the legendary…
NEW DELHI: Former South Africa great AB de Villiers reckons that India have bolstered a strong squad but the pressure of a home World Cup is the only obstacle that might come into play.“I think India’s squad is incredible, really, really strong. Captain Rohit, Hardik Panday [is the] vice-captain,” de Villiers said. “The only worry…
NEW DELHI: Negotiators from G20 countries are heading towards a landing zone on the Ukraine conflict after talks that lasted well beyond midnight and a breakthrough is in sight over the contentious issues.After days of intense negotiations among sherpas circulated a revised paragraph over the Russia-Ukraine conflict, which is said to have found favour among…
MUMBAI: The NCP faction led by Sharad Pawar has urged the Election Commission of India (ECI) to disqualify deputy CM Ajit Pawar, the eight other cabinet members who were sworn in with him, and all the 31 legislators supporting him for antiparty activities, reports PrafullaMarpakwar.Reports suggested that among the members against whom the Sharad Pawar…
With gun salutes and tolling bells, Britain is marking the first anniversary of the death of Queen Elizabeth II and the ascension of King Charles III, who remembered his mother as a symbol of stability during her 70-year reign.Charles and Queen Camilla are observing the anniversary at the family estate in Scotland and attended a…
Ahmedabad: Tata Group’s Titan Company plans to open nine new stores of its jewellery brand Tanishq in Gujarat in the coming months, taking the number of stores to 28 in the state by the end of this fiscal, a top company official said here on Friday.Moreover, the company is also planning to expand its overseas…
