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It all started on a runway in Milan. When Italian fashion giant Prada unveiled its Spring/Summer 2026 collection, a pair of leather sandals stood out -- not for being cutting-edge, but for looking eerily familiar. Their open-toe, braided design closely resembled the Kolhapuri chappal, a handcrafted Indian footwear with a history dating back centuries. Italian luxury brand Prada faces heat for showcasing Kolhapuri-style sandals at Milan Fashion Week without crediting their Indian origin. Local ...Read More >
Mumbai: India's foreign exchange reserves once again crossed the $700 billion mark, reaching $702.78 billion for the week ending June 27, according to data released by the Reserve Bank of India (RBI) on Friday. This marks a significant rise of $4.8 billion from the previous week, when reserves stood at $697.93 billion. This is the first time in nine months that India's forex reserves have gone above the $700 billion level. The reserves had last touched an all-time high of $704.88 billion in en ...Read More >
Investing.com-- The Securities and Exchange Board of India on Thursday issued an order blocking Jane Street from the local securities markets, alleging that the trading house previously engaged in market manipulation. SEBI issued an interim order to seize about 48.43 billion rupees ($570 million) of Jane Street's funds, the amount of unlawful gains the trading house saw from its alleged violations of Indian securities law. Jane Street and its entities will also be blocked from participating in ...Read More >
New Delhi [India], July 4 (ANI): SpiceJet on Thursday acknowledged that some passengers are currently facing difficulties in reaching the airline's customer care helpline due to intermittent technical issues. The airline said efforts are underway to restore normal functioning as soon as possible. In an official message on X, SpiceJet stated, 'We are currently experiencing intermittent issues with our SpiceJet Customer Care helpline numbers. We assure you that our relevant teams are working to r ...Read More >
Mumbai: The Indian rupee touched its strongest level in a month on Thursday, amid increasing optimism that the India-US trade deal would happen in the next 48 hours and also owing to dollar sales from foreign banks, traders said. The rupee closed 39 paisa stronger at 85.31 per dollar, up from its previous close of 85.70 to $1, LSEG data showed. The rupee had appreciated to 85.18 to $1 during the day, its best level since late May, but likely intervention from the Reserve Bank of India (RBI) cap ...Read More >
Mumbai: The average fresh loan spread of Indian banks increased by 17 basis points to 3.09% in May, indicating lenders' focus on protecting margins, according to data released by the Reserve Bank of India (RBI). Private sector banks led the increase, widening spreads-the difference between the average lending rate they charge on borrowers and their cost of funds-by 34 basis points to 3.86%, while public sector banks raised spreads by 6 basis points to 1.79%, RBI data showed. The data, experts ...Read More >
Ujjain (Madhya Pradesh): Marking the Cooperatives Year, a two-day national seminar will be inaugurated on Friday at the Swarn Jayanti Auditorium of Vikram University. Farmers from five major states: Gujarat, Maharashtra, Madhya Pradesh, Chhattisgarh, and Goa are set to participate in the seminar, 'Dairy Development in Madhya Pradesh: Possibilities and Challenges', under the joint aegis of the Indian Dairy Association (DA) West Zone, and Vikram University (VU). Researchers, students, milk produc ...Read More >
MUMBAI: The rupee touched its strongest level in a month on Thursday, lifted by dollar sales from foreign banks and cutting of bearish bets on the local currency, while optimism surrounding a US-India trade deal also aided sentiment.The rupee rose to a peak of 85.2 against the dollar, its best level since late May, before ending the session at 85.31, up 0.4% on the day. Dollar sales from foreign banks in the latter half of Thursday's session boosted the rupee Traders reckon a trade deal with Ind ...Read More >
Lucknow: The Lucknow Development Authority (LDA) will open its e-auction portal on July 4 to sell over 300 residential and commercial plots located in key areas of the city. The move has been initiated on the directions of LDA vice chairman Prathamesh Kumar.Interested buyers can register online until Aug 4 while the auction will be held on Aug 8 through the online portal.The plots available include residential plots of 60 square metres in the Basant Kunj scheme on Hardoi Road, with a reserve pri ...Read More >
Mumbai: The average fresh loan spread of Indian banks increased by 17 basis points to 3.09% in May, indicating lenders' focus on protecting margins, according to data released by the Reserve Bank of India (RBI). Private sector banks led the increase, widening spreads-the difference between the average lending rate they charge on borrowers and their cost of funds-by 34 basis points to 3.86%, while public sector banks raised spreads by 6 basis points to 1.79%, RBI data showed. The data, experts ...Read More >
Kedia Advisory - India's coffee exports jumped 19% year-on-year in Q1FY25 to $616 million, even as export volumes dropped 18% to 1.03 lakh tonnes due to higher global prices. The unit value per tonne surged 49% to ₹5.07 lakh. Supply disruptions in Brazil and Vietnam have kept prices buoyant, prompting overseas buyers to opt for need-based purchases. For the first six months of 2025, shipments rose 26% in value to $1,166 million despite lower volumes. Italy remained India's top coffee buyer, foll ...Read More >
Mumbai, Jul 3 (PTI) The rupee depreciated 8 paise to 85.70 against the US dollar in early trade on Thursday amid renewed headwinds from global risk sentiment and persistent foreign fund outflows. Forex traders said the rupee was trading in a narrow range largely due to RBI's cautious strategy as any dip in USD-INR is likely to be met with dollar buying by the RBI, not only to manage maturities but also to rebuild its intervention cushion. This persistent demand for dollars by the central bank ...Read More >
Mumbai: The rupee traded in a narrow range and depreciated 4 paise to 85.63 against the US dollar in early trade on Wednesday, as market awaits the conclusion of India-US trade deal, which is at its final stage. Forex traders said the dollar index continued to remain under pressure against major peers as traders considered the dovish hints from FED chair Jerome Powell. At the interbank foreign exchange, the domestic unit opened at 85.59 against the greenback. In initial trade, it witnessed a l ...Read More >
Mumbai, Jul 1 (PTI) Rupee appreciated 17 paise to close at 85.59 against the US dollar on Tuesday, supported by weakness of the American currency in the overseas market and a positive tone in the domestic equities amid rise in risk appetite. Forex traders said the US dollar is trading at lowest levels since February 2022 as President Donald Trump's growing influence on Federal Reserve policy revived fears over the central bank's independence. Moreover, Brent crude prices remained subdued, offe ...Read More >
Mumbai, Jul 1 (PTI) Rupee appreciated 17 paise to close at 85.59 against the US dollar on Tuesday, supported by weakness of the American currency in the overseas market and a positive tone in the domestic equities amid rise in risk appetite. Forex traders said the US dollar is trading at lowest levels since February 2022 as President Donald Trump's growing influence on Federal Reserve policy revived fears over the central bank's independence. Moreover, Brent crude prices remained subdued, offe ...Read More >
Lucknow: A sandalwood tree worth lakhs of rupees was stolen from the official residence of the King George's Medical University (KGMU) Vice-Chancellor in Lucknow, despite security arrangements in place. KGMU spokesperson KK Singh said the 50-year-old tree was cut down and taken away by thieves. The residence, located within the campus, is currently unoccupied. An FIR has been lodged, and CCTV footage has been handed over to the police. The incident is also being investigated under the Forest A ...Read More >
New Delhi [India], July 1 (ANI): Delhi Chief Minister Rekha Gupta on Tuesday wrote to Railway Minister Ashwini Vaishnaw and requested him to rename the Old Delhi Railway Station as Maharaja Agrasen Railway Station. CM Gupta wrote, "I am writing to respectfully request your kind consideration for renaming the Old Delhi Railway Station in honour of Maharaja Agrasen, a revered historical figure whose legacy has had a profound impact on the socio-economic development of India, particularly in Delhi ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >
Mumbai: The dollar ended June with its worst first-half performance in four decades. However, the dollar's slide in the international markets has been masking the rupee's weakness, which is seen in its movement against the euro. The rupee breached the Rs 100 level against the European currency in late June - marking a 12.4% depreciation over the past 12 months. The slide has been more severe than the modest 2.8% drop against the dollar, which has obscured the extent of the rupee's broader declin ...Read More >
Mumbai, Jun 30 (PTI) The rupee pared initial gains and settled for the day in the negative territory, down 26 paise at 85.76 against the US dollar on Monday, on weak domestic equities and a bounce back in crude oil prices. Forex traders said the rupee opened in the positive on improved global risk sentiments, however, a negative trend in domestic equities dented investor sentiments and dragged down the local unit. At the interbank foreign exchange, the rupee opened at 85.48 against the US doll ...Read More >
New Delhi, June 30 (SocialNews.XYZ) BJP leader and Lok Sabha member Nishikant Dubey has shared a document released by the US intelligence agency CIA in 2011 and alleged that more than 150 Congress MPs were "funded" by the Soviet Union, who acted as "agents" of Russia. He said that this was happening under the leadership of late Congress leader H.K.L. Bhagat. Dubey shared some documents, which he claimed were released by the CIA in 2011, on his X handle on Monday. He titled his post as "Congre ...Read More >
Mumbai : Filmmaker Subhash Ghai recently took a trip down memory lane as he remembered the late actor Irrfan Khan. Ghai shared an old photo from an award ceremony with the actor, along with an emotional note that quickly caught the attention of fans online. In the photo, Ghai and Irrfan can be seen smiling. Ghai, who worked with Irrfan in the film 'Right Yaa Wrong,' took to his Instagram account to share a post praising him not just as an actor but as someone who deeply understood the art of s ...Read More >
BENGALURU: Reacting to the row involving Italian fashion brand Prada and Kolhapuri chappals, RDPR minister Priyank Kharge said artisans and their legacy must be "showcased" instead of being "sidelined" by international fashion houses. "So, Prada is selling what are essentially Kolhapuri chappals for Rs 1.2 lakh a pair," he said on X. He said local handicrafts and artisans should be promoted through cultural entrepreneurship. "They don't just deserve credit, they deserve better prices, wider expo ...Read More >
IMAGE: India were relying heavily on Bumrah for wickets and cutting the flow of runs in the first Test against England. Photograph: BCCI Former captain Mohammad Azharuddin said India should play left-arm wrist spinner Kuldeep Yadav in the Edgbaston Test against England to add more experience to their bowling attack and reduce the burden on pace talisman Jasprit Bumrah. Across the first Test at Leeds, which India lost by five wickets, the visitors were relying heavily on Bumrah for wickets and ...Read More >
Jammu, June 29 (UNI) The Enforcement Directorate Jammu has attached the immovable properties worth crores in the case of Patnitop Development Authority (PDA) under the PMLA, 2002. "Enforcement Directorate, Jammu has provisionally attached several immovable properties worth Rs. 15.78 Crore (approx.) on 27.06.2025 in the case of Patnitop Development Authority (PDA) under the PMLA, 2002," Enforcement Directorate posted on X. It further posted, "The provisionally attached properties comprises land ...Read More >
Jammu, June 29 (UNI) The Enforcement Directorate Jammu has attached the immovable properties worth crores in the case of Patnitop Development Authority (PDA) under the PMLA, 2002. "Enforcement Directorate, Jammu has provisionally attached several immovable properties worth Rs. 15.78 Crore (approx.) on 27.06.2025 in the case of Patnitop Development Authority (PDA) under the PMLA, 2002," Enforcement Directorate posted on X. It further posted, "The provisionally attached properties comprises land ...Read More >
MUMBAI: India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed. The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13. As on June 20, the data shows that the foreign currency assets declined USD 0.36 billion to USD 589.07 billion. Gold reserves were down by USD 5.73 million to stan ...Read More >
Mumbai (Maharashtra) [India], June 29 (ANI): India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed. The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13. Also Read | FIFA Club World Cup 2025 Live Streaming in India, Paris Saint-Germain vs Inter Miami: Where To Watch CWC Round of ...Read More >
Imphal: Manipur police have arrested 6 cadres of the proscribed Kangleipak Communist Party - People's War Group (KCP-PWG) in the operations conducted at three separate hideouts in the Imphal East and Imphal West districts during the past 36 hours. According to officials, Manipur police arrested the cadres of KCP-PWG while they were in the illegal action of extorting money from the general public. Ready for a challenge? Click here to take our quiz and show off your knowledge! Following their a ...Read More >
Ranchi: The historic Yatra celebrations at the Jagannath Temple in Dhurwa here commenced early on Friday morning with sacred rituals and a sea of devotees thronging the temple premises. Chants and sounds of conch shells rent the air as priests perform the "mangal aarti" at 4 am, marking the beginning of the 334th annual chariot festival dedicated to Lord Jagannath, Lord Balabhadra and Goddess Subhadra.By 5 am, the idols of the deities were open for darshan. As per schedule, darshan was halted at ...Read More >
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