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New coronavirus wave causes 35% dip in sales at Asia's largest gold market

New coronavirus wave causes 35% dip in sales at Asias largest gold market SECTIONS Share Synopsis Amid increasing cases of Covid-19, the state government has imposed strict restrictions on peoples movements but stopped short of announcing a lockdown. Restrictions have been imposed across cities such as Amravati, Mumbai, Nagpur, Pune, Pimpri Chinchwad, Nashik, Aurangabad, Thane, Navi Mumbai, Kalyan-Dombivli, Akola, Yavatmal, Washim and Buldhana. ThinkStock Photos The new wave of coronavirus led ...
Jerome Powell Prithviraj Kothari Tapan Patel Surendra Mehta India Bullion Jewellers Association Union Budget

Throwback to when India's second richest man escaped death twice

Updated Jan 23, 2021 | 10:18 IST Not many businessmen, let alone billionaires, can say they have escaped death twice. However, Adani can. The 58-year-old has not only survived a kidnapping but has also survived the 2008 Mumbai terror attacks. Throwback to when Indias second richest man escaped death twice&nbsp | &nbspPhoto Credit:&nbspBCCL New Delhi: When it comes to billionaires, everyone knows that they have pretty tight security. However, there have cases of billionair...
United Arab Emirates New Delhi City Of United Kingdom Gautam Adani Mohammed Sharaf

Animal spirits unchanged: Economy stable in Nov as retail demand improves

India’s economic activity showed signs of stabilizing in November, even as concerns of fresh virus outbreaks and a new strain in the U.K. mount amid news of vaccines fueling hope. All eight high-frequency indicators tracked by Bloomberg News were steady last month, keeping the needle on a dial measuring the so-called ‘Animal Spirits’ unchanged at 5. The level was arrived at by using the three-month weighted average to smooth out volatility in the single-month readings. The pace of acti...
Markit India Services Bloomberg News Animal Spirit Markit India Services Purchasing Manager Index Umedmal Tilokchand Zaveri Bazaar

Love jihad laws are a backlash to India's own progress

Love jihad laws are a backlash to India’s own progress HUL’s latest Surf Excel ad showcasing Hindu-Muslim unity has been targeted for Love Jihad vilification on social media platforms. Share Via Read Full Story The ‘love jihad’ ordinance looks like the latest weapon of the Uttar Pradesh government in its battle to further Hindu nationalism. A few other states led by the Bharatiya Janata Party (BJP) are considering the UP model. Naturally, this morally and constitutionally abhorrent law ...
Dhiraj Singh Bloomberg Shruti Rajagopalan Jpmorgan Jamie Dimon Bajirao Mastani Amar Akbar Anthony Jamie Dimon

India and US best places for investor fund disclosure, Australia worst: Morningstar study

India and US best places for investor fund disclosure, Australia worst: Morningstar study Despite being a sophisticated market, Australia remains the only one without regulated portfolio holdings disclosure, according to the report. Updated: December 15, 2020 5:29:20 pm A customer counts Indian rupee banknotes inside the Umedmal Tilokchand (UT) Zaveri jewelry store during the festival of Dhanteras at the Zaveri Bazaar in Mumbai, India, on Friday, Nov. 13, 2020. (Photogr...
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