NEW DELHI: After infusing money during the last two months, foreign investors have turned net sellers as they pulled out over Rs 13,400 crore from Indian equities in August so far due to unwinding of the yen carry trade and recession fears in the US.So far this year, FPIs have made a net investment of…
NEW DELHI: After leaving the Delhi Capitals, Ricky Ponting is still eager to pursue coaching chances in the Indian Premier League, and he has revealed that the team plans to appoint an Indian coach to succeed him.Despite acknowledging that his departure from the IPL team was a result of his lack of awards, Ponting, who…
Indian clothing retailer Arvind posted a 40% fall in its first-quarter profit, as inflationary pressures weighed on consumer spending on apparels despite discounts. The company, which sells international brands like Tommy Hilfiger, Arrow and Calvin Klein, said its consolidated net profit fell to 393.1 million rupees ($4.7 million) from 658.7 million rupees a year earlier….
GUWAHATI: A fleet of taxis, a security escort, and a harrowing six-hour journey brought Asif Hussain and about 80 other Indian students back home Friday from Bangladesh, where violence has erupted between protesters and security forces over the quota system for govt jobs. Over 100 people have been killed in the clashes with police firing…
Malabar gold and diamonds New Delhi: Malabar Gold & Diamonds, the world’s sixth-largest jewellery retailer, opened its second UK showroom in Leicester on Thursday, marking a significant step in its expansion plans for the region. The 2,000-square-foot store, located on Belgrave Road’s Golden Mile, was inaugurated by Leicester City Mayor Peter Soulsby. It showcases over…
Prices of Indian lab-grown diamonds (LGDs) have crashed by 45% in FY24 due to overproduction in the global markets. In FY24 global production of lab-grown diamonds stood at 40 million carats, which is almost 33% higher than FY23 production. Indian LGD exports have dropped by 18.2 % in April to $83.77 million in value terms…
NEW DELHI: In a bid to revive its sluggish economy, the Thailand government has extended a visa exemption plan for Indian and Taiwanese tourists for six more months, reported Bloomberg.The decision would allow tourists from India and Taiwan to enter the Southeast Asian nation without a visa until November 11. The decision comes days before…
Gopi Thotakura, the trailblazing Indian space tourist, ventures with Blue Origin’s New Shephard-25 mission. Co-founding Preserve Life Corp, he champions holistic wellness and applied health worldwide. Born in Vijayawada, Gopi, an entrepreneur and a pilot, will make a journey beyond the Earth’s atmosphere with five other candidates. The launch date of the space flight will…
