‘Failed to show respect’: Adidas designer Willy Chavarria regrets ‘Oaxaca slip-on’; accused of copying Mexican design

[ad_1] Willy Chavarria (L); Sandals known as “huaraches” displayed at a market in Oaxaca (R) US fashion designer Willy Chavarria has said he regrets that sandals he made with Adidas copied a traditional design from Oaxaca in southern Mexico.“I deeply regret that this design has appropriated the name and was not developed in direct and…

Read More

India’s passport climbs several ranks in world’s most powerful passports rankings; US, UK no longer powerhouses – top points to know

[ad_1] The strength of Indian passport has increased substantially in recent times. India’s passport has climbed several ranks in the latest Henley Passport Index list of the world’s most powerful or strongest passports. The strength of Indian passport has increased substantially in recent times, enabling Indians to access more than 60 nations without prior visa…

Read More

US market outlook: Wall Street braces for CPI test as rally nears record highs; analysts flag pullback risk; tariff impact in focus

[ad_1] A fresh look at US inflation trends this week is set to test Wall Street’s record run, with several strategists warning that equities may be primed for a pullback after months of near-uninterrupted gains.The benchmark S&P 500 closed on Friday up more than 8% for the year and near all-time highs, while the Nasdaq…

Read More

RBI proposes standardised claim settlement for deceased customers; 15-day deadline, penalties for delay

[ad_1] The Reserve Bank of India (RBI) has proposed standardised forms and a uniform process for settling claims on bank accounts, safe deposit lockers and articles kept in safe custody of deceased customers, with a 15-day settlement deadline and compensation to nominees or legal heirs for delays.The central bank has issued the Draft Circular –…

Read More

JM Financial stake sale: Company to sell 2.1% in home loans unit to Bajaj Allianz Life; Rs 65.5 crore deal to close by August 31

[ad_1] JM Financial Credit Solutions Ltd (JMFCSL), a wholly-owned subsidiary of JM Financial, will sell a 2.1% stake in its home loans subsidiary to Bajaj Allianz Life Insurance Company for Rs 65.5 crore.In a regulatory filing on Sunday, JM Financial said JMFCSL has signed an investment agreement with Bajaj Allianz Life to sell 1.36 crore…

Read More

Crop insurance boost: Agriculture minister Shivraj Singh Chouhan to transfer Rs 3,200 cr PMFBY claims on Monday; new rules bring faster payouts

[ad_1] Agriculture minister Shivraj Singh Chouhan will digitally transfer Rs 3,200 crore in crop insurance claims on Monday under the Pradhan Mantri Fasal Bima Yojana (PMFBY) to 30 lakh farmer beneficiaries. The transfer will take place during an event in Jhunjhunu, Rajasthan, attended by Rajasthan Chief Minister Bhajanlal Sharma, Union Minister of State for Agriculture…

Read More

Aviation market: India is ‘interesting’ and key to growth, says Malaysia Airlines; aims to be core service link without domestic JV

[ad_1] Malaysia Airlines Berhad sees India as an “interesting” and high-potential market and wants to be accepted as one of the country’s core service providers connecting it to the rest of the world, Group Managing Director of Malaysia Aviation Group Berhad, Izham bin Ismail has said.The Southeast Asian premium carrier, headquartered in Kuala Lumpur, operates…

Read More

Gold rate outlook: Gold may extend rally amid macroeconomic uncertainty; analysts flag tariffs, central bank buying as key drivers

[ad_1] Gold prices are poised to extend gains in the coming week as macroeconomic uncertainty, trade tensions and central bank buying continue to fuel investor demand, analysts said.Traders will track a string of key economic data releases, including GDP figures from the UK and EU, and US Core PPI and Core CPI data. Speeches from…

Read More

Steel safeguard push: Industry seeks anti-dumping duties on cheap imports, flags urgent need amid trade uncertainties

[ad_1] The Indian stainless steel industry has sought anti-dumping duties on low-priced imports from select countries, citing an urgent need to protect domestic players in the face of global trade uncertainties.Jindal Stainless Managing Director Abhyuday Jindal said the Indian Stainless Steel Development Association (ISSDA), representing the industry, has petitioned the Directorate General of Trade Remedies…

Read More

Policy dilemma: ‘We need to think hard’ on whether Russian oil imports are worth it; Nobel laureate Abhijit Banerjee links issue to US tariff removal

[ad_1] Nobel laureate Abhijit Banerjee has said India should reassess whether importing cheap oil from Russia is “worth it” after the Trump administration imposed an additional 25 per cent tariff on Indian goods, taking the total levy to 50 per cent — one of the highest by the US on any country.The latest tariff hike,…

Read More