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Subscribe to enjoy similar stories. Regulatory action against Nidhi companies or mutual benefit societies, and firms defaulting on their beneficial ownership disclosure have shot up in 2024 compared to previous years, official data from the Registrars of Companies (RoCs) showed.

luxury brands are increasingly eyeing India as a key market for their expansion, tapping into the country's growing appetite for premium products. As wealth rises and aspirations soar, India is emerging as a critical battleground for luxury retailers, a trend that has only accelerated since the pandemic. One of the most significant shifts in the luxury landscape is the influx of global brands aiming to diversify their markets. With China facing an economic slowdown, luxury giants are now looking beyond their traditional markets, and India is quickly becoming one of their top choices. «India is one of our fastest growing markets though our presence is currently concentrated in Delhi and Mumbai. Over the next decade, we anticipate India to become one of the most promising markets for the luxury industry, particularly for fine watches,» Jean-Marc Pontroue, CEO of Panerai, told ToI.

Subscribe to enjoy similar stories. Think about it: The number of taxpayers filing returns of over ₹1 crore has increased fivefold in a decade, from 44,078 in 2012-13 to 230,000 in 2022-23. Also, according to Avendus, company promoters have sold a combined total of nearly ₹3 trillion since 2019-20.

Subscribe to enjoy similar stories. On 13 December, Friday, the trend remained choppy, but the bulls survived the onslaught of the bears and forge ahead as we near the mid of the month. The supports of 24,600 mentioned were broken decisively only to be regained quite quickly.

Subscribe to enjoy similar stories. NEW DELHI—As the skies turned hazy with pollution this winter, a giant outdoor purifier sat dormant in the Indian capital’s central business district. The smog tower, lined with double rows of fans, was intended to purify the surrounding area by sucking in smog, passing it through filters on the inside and releasing clean air.

Subscribe to enjoy similar stories. Younger investors are taking a more active role in establishing family offices to professionalise wealth management, said Umang Papneja, CEO of Julius Baer India. “Additionally, there is a growing interest in alternative asset classes, including private equity and private credit, as younger investors prioritise diversification and seek higher returns." He said asset allocation preferences are evolving, with equity accounting for up to two-thirds of portfolios and a growing appetite for alternative investment funds (AIFs) and private equity.

One particular video shared by renowned henna artist Urvashi Vora Sharma has gone viral, striking a chord with viewers worldwide. The video features a woman using her Mehendi design to narrate her emotional journey through a failed marriage, with the words «Finally Divorced» etched across her hands. Unlike the typical wedding-themed motifs, this design replaces traditional symbols with images that capture the harsh realities of her troubled marriage, including feelings of isolation, betrayal, and emotional distress. The henna design tells a poignant story, with each element representing a moment in her tumultuous relationship. From being treated unfairly by her in-laws to experiencing a lack of support from her husband, the designs vividly depict the pain and suffering she endured. Arguments, misunderstandings, and deep loneliness are symbolized in the intricate patterns, culminating in the final, empowering image of her divorce.

As per Time, Ibrahim, who had over two decades of experience in tech, noted that the job involved responsibilities that stretched far beyond the typical scope. «It’s such a powerful technology. Am I the right person? And is this the right place?» Ibrahim recalled asking herself during the process. Her decision to join DeepMind was not made lightly. DeepMind, which had already been acquired by Google in 2014, was at the forefront of artificial intelligence research, and the weight of her potential impact on the future of AI weighed heavily on her mind. Her long interview process was a mix of conversations with DeepMind’s leadership team and personal reflection. Ibrahim described it as an essential part of the decision-making process, saying that she needed to have deep conversations with her family about the long-term implications of joining such a transformative field.

Valuation is commonly measured using financial ratios such as the Price-to-Earnings (P/E) or Price-to-Book (P/B) ratios. Let's focus on the P/E ratio for instance. This ratio increases when a stock's price rises faster than its earnings during the same period. If the price significantly outpaces the company's earnings potential, the stock is considered overvalued or sometimes “extremely overvalued” too.

Setting targets is undoubtedly a good practice, but rigid adherence can sometimes lead to missed opportunities. Exiting from the investment solely because it has achieved your pre-decided target is like declaring the batsman just because he scored the expected century but the fact is he is in good form and might score double or triple century in the same inning. Similarly, cutting profits prematurely could result in missing out on potential multi-baggers. This behavior often stems from a fear of losing gains, as explained by the Prospect Theory by Daniel Kahneman and Amos Tversky. Investors are naturally inclined to avoid losses over seeking larger gains, but overcoming this bias is critical for maximizing returns.

Subscribe to enjoy similar stories. The collapse of the House of Assad has exposed a seam of vulnerability for another autocrat, one of the former Syrian leader’s strongest allies: Russian President Vladimir Putin. At the height of Putin’s great power ambitions, Moscow sought to project its might far beyond the country’s vast frontiers.

Toyota says it will build a new paint facility as part of a $922 million investment at its factory complex in Georgetown, Kentucky

New Jersey is seeking to drastically reduce the amount of plastics and other packaging material that's tossed out once a package is opened

New Jersey is considering charging fees on producers of fossil fuels to help the state that is home to several oil and gas facilities fight the effects of climate change

Amnish Aggarwal, Head of Research, Prabhudas Lilladher, says in the IT sector, a lot depends on how the growth momentum pans out. But there are a lot of expectations built into what happens in the developed markets once Trump assumes the chair next month and that is getting reflected. Also the domestic growth scenario looks quite mixed in many sectors. So, IT looks to be safer and more defensive in comparison to some of the segments. If you are looking at the sector-wise breakup today, PSU banks are on the back foot. But having said that, railway stocks are doing quite well, while defence has managed to come back. In fact, other industrials and public sector entities have been doing well. Does that make you believe that perhaps the dip that we saw in the public sector entities, whether defence, whether railways and all of that, is behind us and now the buying would resume? Amnish Aggarwal: One cannot put all the PSUs in one basket per se because when it comes to railways, defence and some of the other industries related to capital goods, engineering, EPC, construction, etc., there were no order flows which came in Q1. In the second quarter it picked up, but now we are in the last four months of the year, and we will see more and more order announcements happening across these segments.

Jennifer Lopez is blaming Jennifer Garner for Ben Affleck's holiday drama saying Ben is much more comfortable with Garner. Jennifer Lopez is keen to maintain her friendship with her ex-boyfriend Ben Affleck and visit him as often as possible throughout the holidays and beyond. However, she is finding Jennifer Garner to be a fierce rival, and the competition behind the scenes is getting intense, as quoted in a report by In Touch. A significant portion of the problem stems from the fact that the 52-year-old Gone Girl star has three children of his own with his ex-wife Jen Garner, 52: Violet, 19, Fin, 15, and Samuel, 12. He further blended his family with that of his most recent ex-wife, J. Lo, who has two children with his ex-husband Marc Anthony: twins Max and Emme, 16.

coal scam case related to allocation of two coal blocs in Odisha. Besides Gupta, special judge Sanjay Bansal acquitted Navabharat Power Pvt. Ltd., its then chairman P Trivikrama Prasad and then managing director Y Harish Chandra Prasad, and former joint secretary in coal ministry K S Kropha, and K C Samaria, former director in coal allocation section of the ministry. The judge held the CBI had failed to prove beyond any reasonable doubt that any «misrepresentation» was made by the accused. The judge further said no case of cheating was made out as no one was induced.

Subscribe to enjoy similar stories. Amid the recent maelstrom of political news was an important development for the future of technology-enabled public money.

Israel Defense Forces on Tuesday denied reports that soldiers were operating beyond a buffer zone along the Israel-Syrian border. «Reports circulating in some media outlets claiming that IDF forces are advancing or approaching Damascus are completely incorrect,» tweeted Col. Avichah Adraee, the IDF's Arabic language spokesperson. «IDF forces are present inside the buffer zone and at defensive points close to the border in order to protect the Israeli border.» He was contradicting a Reuters report saying Israeli forces had reached the southern village of Qatana, which is 10 km inside Syria and were within 25 km of Damascus.

U.S. consumers who were tricked into purchases they didn’t want from Fortnite maker Epic Games are now starting to receive refund checks, the Federal Trade Commission said this week

The deployment covers a wider area this time, with additional ships going beyond Taiwan into other parts of the Pacific, defence officials said at a news conference. Lt. Gen. Hsieh Jih-sheng said China's navy is creating two walls — one at Taiwan's perimeter and another outside the first island chain, which extends south from Japan and through Taiwan to the Philippines. «The message they are sending is very simple: The Taiwan Strait is ours,» he said, referring to the waters between Taiwan and China.