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MUMBAI: ICICI Bank has rolled back its rule requiring new savings accounts opened after Aug 1 to maintain a monthly average balance (MAB) of Rs 50,000 and has revised the threshold to Rs 15,000. The move follows a social media backlash against the higher balance requirement, which was criticised for making banking exclusive.The bank said it has revised its schedule of charges and MAB requirements following customer feedback. The changes do not apply to salary accounts, senior citizens above 60 y ...Read More >
MUMBAI -- Gaurav Gupta returned to the spotlight in India, staging his biggest runway show to date last weekend. The designer, who has become a red-carpet favorite from the Met Gala to the Oscars, unveiled his first Indian bridal couture collection with all the grandeur of an Indian wedding. With the country's $130 billion wedding industry heading into what is projected to be its biggest season yet, the show marked a strategic move for a label that has built a global reputation for avant-garde ...Read More >
New Delhi: The government is working on certain support measures for exporters in sectors like textiles and chemicals to insulate them from the impact of the Trump tariff, an official said on Monday. US President Donald Trump has announced an additional 25 per cent import duty on Indian goods entering America from August 7. The official said that the commerce ministry has held meetings with several export sectors, including steel, food processing, engineering, marine, and agriculture, to under ...Read More >
Lucknow: Chief Minister Yogi Adityanath on Friday said the state MSME department would soon come up with a dedicated policy to promote UP's leather and non-leather footwear manufacturing sectors for global competition."It is important to identify regions in the state best suited for industry specific development. Integrating production, design, research and training on a single platform could not only attract largescale investments but also generate employment opportunities for lakhs," the CM sa ...Read More >
New Delhi: Delhi govt has prepared a plan under which Delhi Transport Corporation (DTC) bus drivers and conductors will receive regular training, with a focus on ethical values, customer service and safe driving, transport minister Pankaj Singh said on Friday. The move is for improving the public image of DTC buses.The minister mentioned that DTC bus drivers who fail to halt at designated stops or are found speeding will face strict departmental action.Several commuters have complained about the ...Read More >
NEW DELHI: On a day when US notified additional levies for countries, with 25% imposed on Indian exports, govt hardened its position asserting that farm and dairy products, genetically modified food, beef and animal feed with meat are no-go areas.Without being confrontational, govt sources made it clear that cultural sensitivities and farmers' interest will be paramount in talks with the US and indicated India's willingness to move ahead with talks, with the next round scheduled to begin on Aug ...Read More >
US President Donald Trump announced a 25% import duty plus unspecified penalties on Indian goods from August 1, citing India's purchases of Russian crude oil and military equipment. The surprise move comes amid ongoing trade talks. The tariffs may impact Indian exports like telecom, apparel, and gems. India currently holds a $44.4 billion trade surplus with the US across goods and services. US President Donald Trump on Wednesday announced the imposition of a 25 per cent additional import duty p ...Read More >
New Delhi: The Supreme Court Friday asked BJP leader Rajiv Babbar to consider closing the defamation case against Congress MP Shashi Tharoor over his statement comparing Prime Minister Narendra Modi to a scorpion. A division bench of justices MM Sundresh and N Kotiswar Singh verbally remarked "let us close all these things. Why get so touchy about all this? This way, administrators and judges come in the same group and have thick skin". The development took place during the resumed hearing of a ...Read More >
New Delhi, Aug 1: Commerce and Industry Minister Piyush Goyal will hold meetings with exporters from different sectors, including food processing, textiles, engineering, and chemicals, from August 2-4 in Mumbai to discuss the implications of 25 per cent tariff announced by the US, an industry official said on Friday. The official added that exporters from segments such as fisheries, engineering, IT, and pharma will also participate in the deliberations. Leather sector exporters are expected to ...Read More >
New Delhi, Aug 1 (PTI) Trades worth nearly Rs 3.21 lakh crore have been conducted through the electronic National Agriculture Market (e-NAM) platform during the last five financial years, the government said on Friday. In a written reply to the Rajya Sabha, Minister of State for Agriculture Ramnath Thakur said, "From 1st April, 2020 to 31st March, 2025, trade worth Rs 3,20,766 crore has been conducted through electronic National Agriculture Market (e-NAM)". The minister was replying to a quest ...Read More >
New Delhi, Aug 1 (PTI) Domestic export sectors such as leather, footwear, textiles and shrimp will be hit hard by the imposition of the 25 per cent tariff by the US, industry experts say. "Quick estimates suggest that India's goods exports in FY 2026 may come down by 30 per cent from USD 86.5 billion in FY 2025 to USD 60.6 billion in FY 2026," GTRI Founder Ajay Srivastava said. The duty, announced this week, will come into force from August 7 (9.30 am IST). These will be over and above the exi ...Read More >
Chennai, August 1: Actor, music director and producer G V Prakash Kumar, who has won the National Award for Best Music Direction (Songs) for the Tamil, Telugu bilingual film Vaathi, has called the honour "a blessing for the second time". Taking to his X timeline soon after the 71st National Awards were announced, G V Prakash expressed his gratitude to the jury and the selection committee of the National Awards and the entire team of Vaathi. G V Prakash wrote, "A blessing for the second time. I' ...Read More >
New Delhi, Aug 1 (PTI) Commerce and Industry Minister Piyush Goyal will hold meetings with exporters from different sectors, including food processing, textiles, engineering, and chemicals, from August 2-4 in Mumbai to discuss the implications of 25 per cent tariff announced by the US, an industry official said on Friday. The official added that exporters from segments such as fisheries, engineering, IT, and pharma will also participate in the deliberations. Leather sector exporters are expect ...Read More >
A recent controversy surrounding Italian luxury label Prada has put the spotlight on how global fashion giants engage with India - a country whose rich artistic traditions have often suffered because of its inability to cash in on them. Prada got into trouble in June after its models walked the runway in Milan wearing a toe-braided sandal that looked like the Kolhapuri chappal, a handcrafted leather shoe made in India. The sandals are named after Kolhapur - a town in the western state of Mahara ...Read More >
New Delhi [India], July 19 (ANI): Seasoned pacer Mohammed Shami, who missed out on a place in India's squad for the England tour, has been named in Bengal's expanded list of 50 probables for the upcoming domestic season, according to ESPncricinfo. Shami could potentially be a part of the East Zone in the season-opening Duleep Trophy, which kicks off on August 28, which could mark his return to competitive cricket. The 34-year-old, who has 64 Tests, 108 ODIs and 25 T20Is appearances under his be ...Read More >
Kochi, July 19 ( IANS) Kochi airport witnessed heartbreaking scenes on Saturday morning when Suja, the mother of 13-year-old Mithun, who was electrocuted while retrieving his footwear from the rooftop at his school, returned from Kuwait. Suja started crying after hugging her younger son, 11-year-old Sujin and her close relatives at the airport. With a battery of electronic media and photographers present, she was quickly taken out to the waiting car, and with a police jeep in front, her journe ...Read More >
New Delhi: India and the UK are likely to formally sign a Free Trade Agreement (FTA) next week with the final legal review of the pact currently underway. Both nations had reached the agreement in May. India expects 99% of its exports to the UK to have duty-free access. It also expects the FTA to open up significant export opportunities for labour-intensive sectors such as textiles, marine products, leather, footwear, sports goods and toys, and gems and jewellery, as well as engineering goods, ...Read More >
Mumbai, July 16: A team from the Italian fashion house Prada arrived in Kolhapur to learn about the history and craftsmanship behind the iconic Kolhapuri chappals. The Prada team visited Kolhapur and met the artisans and shopkeepers to know more about the iconic Kolhapuri chappals. One of the shopkeepers told ANI, "Yesterday, the Prada team that came to Kolhapur to see how these chapppals are made, today they came to see that shop in the biggest market of Kolhapur. Where Kolhapuri chappals are s ...Read More >
Many netizens pointed out that Prada's new sandal resembles traditional Kolhapuri Indian slippers. (Image: Reuters) After receiving major backlash over its new footwear design, which several netizens claimed resembled a lot like the Kolhapuri slippers, Prada is now looking to collaborate with "artisanal footwear" makers in India in a partnership, it said on Friday. This comes two weeks after the Italian luxury group triggered a controversy by debuting ethnic sandals resembling 12th-century Ind ...Read More >
New Delhi [India], July 15 (ANI): In a major push to promote healthier lifestyles and combat the rise of obesity and Non-Communicable Diseases like diabetes and heart disease among others, the Union Health Ministry has proposed to prominently display boards indicating the amount of oil and sugar content in popular snacks, such as pizzas and burgers as well as samosas, vada paav, kachori among others, in schools, offices, institutions, Departments/Offices/autonomous bodies and organisations. Als ...Read More >
New Delhi: India's trade deficit for June this year narrowed to USD 18.78 billion, compared to USD 21.88 billion in May, according to data released by the Commerce and Industry Ministry on Tuesday. India's exports growth remained flat at USD 35.14 billion in June as against USD 35.16 billion same month last year. While the country's imports declined by 3.71 per cent to USD 53.92 billion in June as against USD 56 billion a year ago, according to the data. Meanwhile, the trade in services showed ...Read More >
Mumbai/New Delhi: After sparking outrage in India for showcasing Kolhapuri-style "sandals" on the Milan runway, Italian luxury giant Prada is sending top executives to the footwear's hometown of Kolhapur. The two-day visit to Kolhapur, in Maharashtra, is expected to begin Tuesday and marks the brand's first formal outreach to Indian artisans. Mint has learned that the visiting team includes Daniele Contu, pattern making manager at Prada's footwear division, along with external consultants Andre ...Read More >
TIRUCHY: A temple festival in Thanjavur's Chellappanpettai ended in tragedy as three primary school boys drowned in the temple tank. Their bodies were found on Saturday. Villagers in and around Chellappanpettai converged for the Mandalabhishekam festival of Sundaramurthy Ayyanar Temple. S Balamurugan (10), K Madhavan (10), from Udayanpatti, who were studying class 5 at Government Primary School, and S Jaswant (8), a class 3 student from the same school, also participated in the festivities with ...Read More >
Hyderabad: Two persons, including a restaurant owner, were caught by anti-drug enforcement wing EAGLE at Kompally on Monday night. The restaurant owner was placed under arrest after a search of his vehicle yielded the possession of cocaine and other narcotic substances. Police said he was both a consumer and supplier, abusing drugs at prominent pubs in the city, and supplying the contraband to fitness enthusiasts, IT professionals and doctors among other high-profile clients.EAGLE officials said ...Read More >
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted court-ordered raids on factories suspected of producing fakes. The German shoemaker is pursuing legal action to counter growing counterfeit activity tied to its popular footwear. According to people familiar with the matter, court-appointed lawyers recently inspected several small-scale factories in India to seize suspected counterfeit Birkenstock products. ...Read More >
Amritsar: BJP MP Nishikant Dubey from Jharkhand has claimed that Britain assisted India in executing the 1984 Operation Bluestar at the Golden Temple in Amritsar, stoking a new controversy.In a post on X on Monday, Dubey alleged that then PM Indira Gandhi "launched an attack on the Golden Temple in collaboration with Britain", with British Army officers present in Amritsar.He uploaded a classified British document, "Sikh Community", claiming that on Feb 23, 1984, the UK Foreign and Commonwealth ...Read More >
Nagpur: The Nagpur Municipal Corporation (NMC) has identified 10 chronic nullah stretches across eight of its 10 zones where citizens are rampantly dumping garbage, nullifying pre-monsoon cleaning efforts and putting thousands of homes at risk of flooding. With 227 open drains spread across the city and rainfall intensifying, NMC officials warn that urban flooding is no longer just a possibility -- it's a man-made inevitability.Despite deploying heavy machines and sanitation teams across key zon ...Read More >
New Delhi, July 7 (SocialNews.XYZ) United States' Treasury Secretary Scott Bessent on Sunday said that Washington is close to reaching agreements on several trade deals as "a lot of proposals" have poured in from various countries at the last minute. His comments hint at several big trade deal announcements by the Donald Trump administration just ahead of the July 9 tariff pause deadline. "So my mailbox was full last night with a lot of new offers, a lot of new proposals...It's going to be a b ...Read More >
Mumbai, July 7: After Kareena Kapoor, veteran actress Neena Gupta took to social media to call out luxury brand Prada for allegedly copying the traditional Kolhapuri chappal design. Taking to Instagram, the 'Metro In Dino' actress posted a video where she flaunted a handmade pair of Kolhapuris gifted to her by the late Laxmikant Berde. In the clip, Gupta could be heard saying, "So, these Kolhapur slippers are in great demand these days. So, once I did something with Laxmikant Berde. I don't rem ...Read More >
Hyderabad: Telugu superstar Mahesh Babu is facing serious legal heat after his association with a Hyderabad-based real estate company landed him in controversy. The Ranga Reddy District Consumer Commission has issued notices to the actor in connection with a fraud case involving Sai Surya Developers. Mahesh Babu was the brand ambassador for Sai Surya Developers. A Hyderabad-based doctor has filed a complaint, claiming she lost Rs. 34.8 lakh after investing in a non-existent layout promoted by t ...Read More >
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