Beautiful Financial News

Indian diamond jewellery market will grow to US$ 17 bn by 2031 out of India's total gem & jewellery of US$ 120 bn from $ 79 bn in 2021. 2024 is likely to be a record year for gold mine production and jewellery demand will be firm but vulnerable to gold prices. This was revealed by Vipul Shah, chairman of Gem & Jewellery Export Promotion Council (GJEPC) at GJEPC's InnovNXT Forty Under 40, a next Generation leadership summit. «Our aim is to achieve gem and jewellery exports of USD 75 billion by 2030 and with the talent, drive, and determination of the youngsters that I see here today.» Nirav Bhansali, Convener of National Exhibitions at GJEPC, said, “In the gems and jewellery industry, we are not merely purveyors of luxury; we are guardians of tradition, custodians of culture, and champions of craftsmanship. But in order to honor our rich heritage, we must also embrace the winds of change. Today, we are surrounded by the brightest minds and the most promising talents of our industry."

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coffee consumption. The company said India is one of its fastest-growing coffee markets. Today, premium products account for 12-13% of the company’s sales—Nestle expects this number to touch 15-16% in the medium term and 20% in the long term, said Suresh Narayanan, chairman and managing director, Nestlé India said.

Over the last few years, the Indian real estate sector has observed a notable shift, as homebuyers are increasingly looking out for serene and offbeat destinations that are far away from the hustle and bustle of metropolitan cities. Cities like Sonipat, Bhiwadi, Panchkula, and Meerut have emerged as premier locales for residential investments, boasting a blend of natural beauty, cultural richness, and a growing economy. This transition reflects a desire for a better quality of life, where serenity meets modern amenities in a relaxed environment.

Mint. Industry watchers, however, feel the group needs to execute a big winning strategy or have a big pull brand to become successful and eventually list. The company is aiming to hit three times its last reported numbers by Diwali 2025.

boycott movement against Loblaw over high food prices say they are keenly aware they need to target more than just grocery stores to impact the mammoth corporation’s bottom line.Loblaw Companies Ltd. is the parent company of nearly two-dozen store brands spread across food, pharmacies, fashion, beauty and financial services.

Hindustan Times that Bhavshudhi Rekha Shri Ji had chosen to become a monk during her pregnancy. She also decided that her son would become a Jain monk like her. Growing up, her son was always aware that he was expected to enter monastic life eventually.

Tihar Jail, Sanjay Baniwal, who retired on Tuesday, expressed his gratitude over the opportunities he got during his tenure. Baniwal, while speaking to ANI said that he was hanging his boots as a very grateful person. «It was fantastic as long as it lasted today. I am hanging my boots as a very grateful person and an officer for the opportunities that came my way. I am happier and healthier than when I joined...So the service has done me good,» he said.

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Royal Green Realty has announced the launch of the new phase of its Royal Green County project in Bahadurgarh, Haryana, named ‘The Select.’ Spanning across 40 acres of land, this project comprises villas, floors, plots, first-time SCO, etc.

Salman Khurshid and SP leader Maria Alam Khan under sections 188 and 295A IPC in Kayamganj PS in Fatehgarh district for allegedly asking for votes on religious lines. Seeking votes for the INDIA bloc candidate from Farrukhabad Lok Sabha seat, Maria Alam made an appeal for «vote jehad», terming it as necessary in the current situation for the minority community to drive away the BJP government. Alam, who is also the niece of senior Congress leader Salman Khurshid, while addressing an election meeting on Monday in the presence of senior Congress leader and former external affairs minister Salman Khurshid, made an appeal for «vote jehad», saying «in the current situation, 'vote jehad' is necessary for the minority community»

Trent Ltd’s impressive run continued during the quarter ended March (Q4FY24), keeping investor sentiment upbeat about the Tata Group apparel retailer. A striking parameter in fourth-quarter financials, apart from its stellar revenue growth, is its gross margin, which expanded by 449 basis points, or 4.49 percentage points, year-on-year to 45.3%. In the third quarter, Trent’s gross margin had improved by 57 basis points to 46% after having contracted for several quarters in a row.

Shoppers Stop share price surged over 5% on Tuesday's session following the company's announcement of a 62.55% jump in its consolidated net profit, which came in at ₹23.18 crore for the fourth quarter that ended on March 31, 2024. According to a regulatory filing from Shoppers Stop, the firm reported a consolidated net profit of ₹14.26 crore at the same time last year. Shoppers Stop share price today opened at ₹730.25 apiece on BSE, the stock hit an intraday high of ₹750 and an intraday low of ₹707.35.

beauty is not a joy forever. Cellular degradation — a.k.a. age — is something the poet didn't really factor in, possibly because he died at 25.

FMCG companies — Hindustan Unilever (HUL), Tata Consumer Products (TCPL) and Nestle India — declared March quarter results. Here are key takeaways: Margins & Volumes While volume growth was tepid to modest for the three companies, gross margins have expanded. Margin expansion has been achieved through better operational efficiency or productivity gains. Taking price rises, lowering ad spends and rationalising costs are the various levers used.

There was a time when women did not have a share in ancestral property. The bias against the girl child arose from this unfair provision of law. Before it could be changed, customs and rituals that were rooted in patriarchy had created enough social conditioning in the minds of men and women.

Hindustan Unilever managing director Rohit Jawa said he is neither satisfied with the company's volume growth nor has the company lost its pricing power as the consumer bellwether shifts focus on investing disproportionately on bigger and more premium brands. «We don't want volume to be just 2% and want to see it grow — that is our focus. We are not going to wait for the macros to improve, but we'll go where the growth is and work actively towards that,» Jawa told ET, adding that tailwinds including improving macros and agri-economy will benefit HUL. «But in meantime, we are not waiting, we are going to do what we can do. That will only make us stronger because we are chasing more volume and more mix by going more and more into high-growth spaces, channels, and formats and putting more funds and people there.» In March quarter, HUL reported a 6% drop in net profit while revenue remained unchanged.

An odd quality of the Western intellectual world is that its giants take simplistic questions very seriously. It is as though social equality makes it hard for them to be dismissive of majority opinions that are usually very naive. For instance, almost every Western intellectual superstar finds the need to denounce God.

Maharashtra near Igatpuri, Near our Engine Factory. I’ve been to Igatpuri several times but never heard about this place & its beauty. Let alone visiting it.

Dommaraju Gukesh is tired. After three weeks of gruelling chess that ended in him becoming the youngest ever Candidates champion, all he wants to do is rest. But ever since he returned home after winning the Candidates – the second most-important chess tournament after the World Championship – celebrations haven’t stopped. Dutifully, he has done everything asked of him with a smile and not said no to anyone. Gukesh took some time out of his busy schedule to speak with BORIA MAJUMDAR. Excerpts You are the Candidates champion at the age of 17. The youngest ever to win the tournament. Has that sunk in yet? Not really. We are longing for some rest and for things to settle down. Once that happens, I think the realisation will sink in. I haven’t really had time to process things yet. When your father came running to give you the news, what was it like? Can you relive the moment once please? I was watching the Fabi-Nepo (Fabiano Caruana vs Ian Nepomniachtchi) match for a while and at one point I got really nervous. So, I stepped outside for a walk with (Polish grandmaster and Gukesh’s trainer Grzegorz) Gajewski. We were chatting when my father came running and said that I had won. It is difficult to describe the moment in words. We were laughing, hugging each other, screaming and doing all sorts of thing. It was the most beautiful moment in my three weeks in Toronto.

A post shared by SHIVOHAAM (@shivohamofficial) “Then again, if you dint have the WILL, DESCIPLINE, CONSISTENCY and the FIRE to achieve the goals, no amount of planning and structure will help. It was a beautiful journey and I wish you #ranbirkapoor all the best for the next blockbuster success," he added while wishing the actor success for Ramayana. Ranbir, who has a naturally-lean body, bulked up for Sandeep Reddy Vanga’s Animal.