The opposition party questioned why the government took five years after the liquidation proceedings of ABG Shipyard to lodge an FIR in connection with the alleged duping of 28 banks.
Gold and diamond retail chain Malabar Gold & Diamonds will be investing Rs 1,600 crore in FY22 to launch 56 stores globally with 40 across India and 16 internationally in FY22 to further boost its retail presence across the globe. The move is expected to generate over 1,700 jobs. In India, the expansion strategy is centred in states like Tamil Nadu, Telangana, Andhra Pradesh, Karnataka, Maharashtra, Delhi, West Bengal, Uttar Pradesh, Odisha and Kerala. Internationally, the expansion will be in markets such as Singapore, Malaysia, Oman, Qatar, Bahrain and UAE.
The country's exports rose by 47.34 per cent to $32.46 billion in June on account of healthy growth in sectors such as engineering, gems and jewellery and petroleum products, even as trade deficit aggregated at $9.4 billion during the month, according to the data released by the commerce ministry on Friday. Exports in June last year stood at $22 billion and $25 billion in June 2019. In May 2021, the outward shipment was worth $32.27 billion, while in April this year, it was $31 billion. Imports in June 2021 grew by 96.33 per cent to $41.86 billion, from $21.32 billion in June last year. In June 2019, imports stood at $41 billion.
Imports increased by 4.5 per cent, the highest growth in the last six months as crude oil and gold shipments shot up in the month.
Sukanya Verma celebrates The Legend's 25 distinctly different moods.
Here's a look at celebs who graced the ramp on Day 2 of Indian International Jewellery Week 2015.
"Now the gof India has decided to soon initiate procurement from local industries to reduce import dependence," he said. Reddy, the Union Minister of State for Home, said for many years India was dependent on worldwide Original Equipment Manufacturers (OEMs) for procuring arms and ammunition.
The dead rubber New Year's Test at the Sydney Cricket Ground at least offers a chance for New Zealand to reset
Shubman Gill has the required technique and temperament to bat at any position in the Indian Test team but he does need to convert those great starts into big knocks, the legendary Sachin Tendulkar said about the young batter.
India and five Central Asian countries on Thursday decided to establish a joint working group on Afghanistan at the senior officials' level, ministry of external affairs secretary (West) Reenat Sandhu said.
Like all the great love stories, Annayum Rasoolam has a tragic end. But not before we are transported into a world of furtive glances and hurried touches.
As Dinesh Karthik celebrated his 35th birthday on Monday, opening batsman Rohit Sharma remembered the wicketkeeper's heroics with the bat in the Nidahas Trophy T20 tri-series final in Colombo, in 2018. Karthik scored a last-ball six to help India pull off an incredible chase to beat Bangladesh by four wickets and win the Nidahas T20 tri-series title.
In these pandemic stricken, music bereft times, what can be more joyous than a playlist of golden melodies?
Discounts and incentives are attractions jewelleres are offering along with new designs to woo customers to boost sales ahead of Diwali.
Out of 30 key export sectors, as many as 22 showed negative growth in September.
A summary of Saturday's action in the Premier League.
The industry body has issued two advisories in an attempt to restore jewellers credibility in the wake of the Rs 12,000-crore PNB-Nirav Modi scam, and recent defaults by two domestic jewellers - Goodwin and Rasiklal.
Joginder Tuteja looks at the dadis of Bollywood.
There are so many female-oriented movies, from Mother India to Arth to Pink. But there are some absolute gems that never got their due.
The agency on Friday also carried out searches on the premises of the Gitanjali Group at 20 places in Mumbai, Pune, Surat, Jaipur, Hyderabad and Coimbatore.
Lata Mangeshkar has never tasted alcohol. Yet, she has sung some extraordinary songs about intoxication.
Despite recent developments that have accelerated the impending extradition of fugitive diamantaire Nirav Modi, who has been in custody in London's Wandsworth Prison for over two years, the last month has seen his uncle Mehul Choksi dominate the headlines instead with his circus-like exhibition in the Caribbean that has involved red herrings such as a "girlfriend", to whom his wife seemed to have no objection, and possibly concocted stories of being kidnapped and manhandled. Choksi was widely regarded as Modi's Svengali in Mumbai when he returned from Belgium to expand his business. He had fled to Antigua well before news around how Modi finagled thousands of crores from Punjab National Bank (PNB) and other institutions through a series of allegedly coordinated and fraudulent actions involving letters of undertaking, or LoUs.
Imports too contracted by 28.72 per cent to $31.16 billion. Dip in exports and imports narrowed the trade deficit -- the difference between imports and exports -- in March to $9.76 billion, the lowest in the last 13 months.
The Congress used Raj Bhavans to topple legally elected governments. The BJP is letting governors get away with all manner of impropriety, notes Aditi Phadnis.
As per the White Paper issued by FICCI Gems & Jewellery Group -- the total size of the Gems & Jewellery Sector (both domestic and exports) was about Rs 4,15,000 crore (Rs 4,150 billion).
Exports of petroleum products, chemicals, pharmaceuticals, gems and jewellery, and engineering goods registered a positive growth.
The Manikarnika actor, known for provocative and often inflammatory statements, was once again the centre of debate -- and ire -- with politicians across the spectrum, including Bharatiya Janata Party MP Varun Gandhi, among the host of social media users and others who reacted with outrage for her comments at an event on Wednesday evening.
'There was no other Lata Mangeshkar, there is none and there won't be any. I will celebrate her life, today and always.'
PNB issued a formal appointment letter to Belgium-based consultancy firm BDO
Trade deficit during the month narrowed to $17.4 billion as against $12.72 billion in the same month last year
'The fact remains that as of today, the justice that I deserve is far off, as it shall take time to prove my innocence, and the future seems uncertain presently,' Mehul Choksi tells his employees in a letter.
The shortcomings are too many to overlook, but November Story is definitely a one-time watch, says Prateek Sur.
Robbed ornaments worth over Rs 50 lakh has also been recovered from the possession of the accused who was arrested from Madhya Pradesh, officials said.
In a bull-case scenario it sees the Sensex at 61,000 levels, while it's bear case scenario pegs the Sensex at 41,000 levels by December 2021.
Over 300 associations, that consists of over 3 lakh manufacturers, retailers, wholesalers and artisans among others, are participating the nationwide stir.
The auction will also feature works of M F Husain, as well as early works by masters Tyeb Mehta and Francis Newton Souza.
ED attached 21 properties of Nirav Modi and his group worth over Rs 523 crore.
'Sanjeev Kumar was my favourite actor. But no one can compare with Amitabh Bachchan.'
