The government on Friday announced that the third phase of the mandatory hallmarking, as per the Hallmarking of Gold Jewellery and Gold Artefacts (Amendment) Order, 2022, will be implemented starting today. As per the official statement from the Ministry of Consumer Affairs, the third phase of the mandatory hallmarking will cover an additional 55 new…
NEW DELHI: Former Karnataka chief minister B S Yediyurappa on Friday said that the Bharatiya Janata Party (BJP) will have an understanding with JD(S) for 2024 Lok Sabha polls.Yediyurappa also said that Union minister Amit Shah has agreed to give four Lok Sabha seats to JD(S) as part of poll understanding with BJP.“I am happy…
The Gem and Jewellery Export Promotion Council (GJEPC) on Thursday said it has achieved a significant milestone by facilitating India’s first jewellery exports through courier mode from the country’s financial hub. This development is a significant leap forward in simplifying international trade and will further enhance the industry growth and open up new avenues for…
All India Football Federation on Thursday announced Reliance Retail‘s Performax activewear as the official kit sponsor for the Indian football team. The Indian team will debut the new kit during the 49th King’s Cup 2023 being held in Thailand between September 7 and 10. Team India is sto kick off the tournament by taking on…
Uniqlo, Asia’s biggest clothing brand, has posted a 69% increase in sales while nprofit nearly tripled for its Indian unit during the year ended March 2023. The Japanese brand posted a net profit of Rs 68.38 crore with net revenues of Rs624.6 crore, according to its latest filing with the Registrar of Companies. A year…
TOKYO: On Thursday morning, Japan successfully launched the H-IIA rocket carrying the moon lander of the national space agency, following three postponements last month due to unfavorable weather conditions.The Japan Aerospace Exploration Agency (JAXA) confirmed that the rocket lifted off as scheduled from the Tanegashima Space Center in southern Japan. Mitsubishi Heavy Industries was responsible…
Reliance Retail Ventures Ltd. (RRVL) has signed a joint venture with Alia Bhatt‘s clothing brand of kids and maternity wear, Ed-a-Mamma for a 51% majority stake. ET was the first to report on July 17 on the possible acquisition. Launched in 2020, Bhatt has extended the kids brand into teenage and maternity wear segments as…
Mithun Sacheti, MD and CEO, Caratlane “There is a long runway in this. That long runway that we are going to see is what excites everybody who wants to play this category. So we have great governance, we are fast growing, we are profitable and profits are growing faster,” says Mithun Sacheti, MD & CEO,…
Representative image US President Joe Biden’s attendance at the G20 Summit has raised hopes of the Indian diamond trade for a better deal as the US has slashed imports of cut and polished diamonds from India by almost 50% amid apprehensions that many of these stones might have indirectly come from Russia. The US has…
Representative Image MUMBAI/NEW DELHI: Clothing and lifestyle retailers and shopping malls have seen a sharp recovery in sales across pricepoints in the past few weeks during Raksha Bandhan and Onam, raising hopes of strong demand this festive season even though mass segments in electronics and auto stay under pressure. Retailers said the recent sales trend…
