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«So overall, the consumerism is there. And in tier two and tier three, again it is the mobiles and the televisions which are doing very well,» says Nilesh Gupta, MD, Vijay Sales.I just wanted to get in a perspective in terms of what exactly the outlook is in the tier two and the tier three cities, both in your online and offline stores. How has the offtake been if you compare it with say the metro cities?So basically, we are not there at tier three cities at all, tier two we are there. But then definitely I do get information from the brands and other colleagues at other retailers. So I think India is more or less moving at a normal pace across. So we see there is a good demand in tier two and tier three also. Only thing is what starts moving first in the metros, it takes it may be taking around a little more time to trickle down there. And the effect is there. So overall, the consumerism is there. And in tier two and tier three, again it is the mobiles and the televisions which are doing very well.

Cartagena de Indias, a colonial port city on Colombia's Caribbean coast, can be so hypnotically hot (even with the ocean breeze and occasional tropical downpour) that visitors may feel as if they are drifting through a dream world of cobblestone lanes and Afro-Colombian drumbeats — a sensation captured by the magical realism in Gabriel Garcia Marquez's Cartagena-set novels. A weekend is perfect for a robust introduction through two adjacent, walkable neighborhoods. The Old Town is still surrounded by the stone walls built by Spanish colonists, who also left behind opulent mansions and churches. Neighboring Getsemani is an artsy, semi-residential enclave with a popular street-party scene, overlooked by the 16th-century fortress that looms on a hill nearby. And if the heat does get to you, order a limonada de coco, the slushy coconut limeade that keeps coastal Colombians deliciously cool. ITINERARYFriday3 p.m. | Snack your way around Kick off a visit with a walking tour through the city's connected Old Town and Getsemani neighborhoods, the triangular heart of the city between the Caribbean Sea and San Lazaro Lagoon. Several groups offer free walking tours departing from the egg-yolk-colored main gate and clock tower, called the Puerta del Reloj, the original entrance into the walled city. For a more curated experience, Cartagena Connections adapts guided tours to visitors' interests, such as architecture, history or photography (two-hour group tours start around 123,000 Colombian pesos, or $30, per person; private tour rates vary). The popular street food tour includes stops to taste wedges of salted green mango, corn arepas filled with cheese, and mamoncillo, a local lychee-like fruit.

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A Chinese town has agreed to become a digital yuan “demonstration town” after striking a CBDC deal with a major, state-run bank.

accommodation provided by employers will be calculated. These rules will come into effect from today i.e., September 1, 2023, and will be applicable for FY 2023-24. The new rules will impact employees living in an accommodation provided by their employer.

Hiring dipped 3% month-over-month, according to talent platform foundit's Insights Tracker, presenting the latest findings on hiring trends for August 2023. In addition, e-recruitment activities in India fell by 5% in August 2023 compared to August 2022. The index further dropped from 275 in August 2022 to 260 in August 2023.

One is the guy who ran due diligence on Andrew Forrest and Fortescue Metals that pulled off one of Australia’s best deals, while the other is recently departed Federal Reserve vice chair and member of an influential family that helped developed a large chunk of the modern-day United States.

On the Comex, Gold futures were trading at $1,972.70 per troy ounce on Friday, down by $0.30 or 0.02% while Silver futures were trading at $24.985, lower by $0.119 or 0.470%. The DXY was trading flat at 103.63 against a basket of six top currencies, though the bias was positive. The October Gold futures had ended with declines of Rs 105 or 0.18% per 10 gram at Rs 59,373 while the December Silver futures closed higher at Rs 75,685, down by Rs 595 per kg or 0.78%. «Gold is likely to go up for a second week in a row because US inflation matched expectations, which makes the Federal Reserve less likely to raise interest rates. This led to a drop in Treasury yields, which is good for gold.

S Krishnan as the new secretary for the electronics and information technology ministry. Krishnan takes charge from Alkesh Kumar Sharma, who retired on August 31 this year. Krishnan has, over the last 32 years, held various roles, including the finance secretary for the state of Tamilnadu, and the chief executive officer of the Tamilnadu Infrastructure Board.

G20 Summit weekend: The national capital is gearing to prepare for the upcoming G20 Summit which will be held from 8-10 September. From traffic restrictions, schools closed to shops, commercial and business establishment closed, people in Delhi are looking for nearby short getaways.

₹59,296 in the domestic market. Around 9.06 a.m., MCX Gold for October 5 delivery traded 0.11 per cent lower at ₹59310 per 10 grams.

China stepped up efforts to support its housing sector and stabilise the yuan, though investors remained cautious ahead of U.S. jobs data that could make or break the case for further rate hikes. U.S.

In an exclusive interview with ET, Rajeev Menon, President, Asia Pacific (excluding China) at Marriott International said the chain has seen a RevPar (revenue per available room) growth of 35% in India in the first six months of this year compared to 2019. He said the country is a ‘decades long’ growth story.The major hospitality players have seen both demand and margins grow. That doesn’t happen often. Right now, all around the world including India, people are willing to pay more for travel experiences.

China's biggest banks on Friday cut interest rates on a range of deposits in an effort to ease pressure on their shrinking margins as lenders move to lower mortgage rates to prop up a struggling property sector and a faltering economy. The banks, including Industrial and Commercial Bank of China and Agricultural Bank of China on Friday cut their deposit rates by between five and 25 basis points, websites from each bank showed. Three sources familiar with the matter told Reuters on Tuesday that major state banks would cut deposit rates as they prepare to lower interest rates on existing mortgages, part of Beijing's efforts to revive the debt crisis-hit property sector. Starting from Sept.

G20 summit. Also read: ‘G20 leaders are going to ask…’: Rahul Gandhi attacks PM Modi on OCCRP allegations against Adani Group The Treasury said Yellen also will rally America's G20 allies to maintain economic support for Ukraine and increase costs on Russia over Moscow's continuing war in Ukraine. This includes supporting the G7-led price cap on Russian oil exports and efforts to strengthen global food security in the face of restrictions on Ukrainian grain exports.

El Salvador’s Bitcoin City has reportedly attracted its first international “resident,” with an American bitcoiner moving to the area where the city is being constructed.

Super Typhoon Saola is poised to strike Hong Kong with its formidable force, as authorities have elevated the strong wind signal to No.8, prompting the closure of schools, businesses, and even the stock exchange. This impending natural juggernaut, boasting wind speeds exceeding 200 kmph, is predicted to chart a course towards eastern Guangdong, the adjacent Chinese mainland province. The impending typhoon has triggered the issuance of the highest typhoon alert by Chinese authorities, marking the potential for one of the most potent typhoons to hit Guangdong since 1949.

With the City of Sydney council voting last week to consider banning gas connections to new homes, it is now heading down the path of the Victorian and ACT governments which have already flagged a ban on all new gas hook-ups.

Orsted, the global wind energy developer, says its first offshore wind farm in New Jersey will be delayed until 2026

Power Book IV: Force" is returning for Season 2 on Starz. Fans can catch the new episodes of this crime series starting from September 1. «Power» was a successful show on Starz. It followed James Patrick (Omari Hardwick), a New York club owner known as «Ghost,» who was also a significant drug dealer. The story included James having an affair with his former flame Lela, who was secretly a federal prosecutor targeting Ghost. His loyal friend Tommy Egan (Joseph Sikora) also played a part. After the main series ended with James' death, Starz expanded it into a franchise. «Book II: Ghost» continued the story with James' family moving forward, and «Book III: Rise of Kanan» explored the rise of Kanan (Curtis «50 Cent» Jackson) in the drug trade during the 1990s.

Torrent Pharma is cranking up its efforts to put together financing to buy out the promoter family of Cipla, said several people with knowledge of the matter, emerging as a key contender to conclude the largest pharma sector acquisition in the country till date. This includes a likely Rs 8,300 crore ($1 billion) equity infusion from one or more private equity players, they said. Ahmedabad-based Torrent has reached out to several PE funds, including Advent International, Bain Capital, Warburg Pincus and CVC Capital, for a minority stake in a consortium. In addition, it is in talks with domestic shadow banks and mutual funds for Rs 9,000-10,000 crore ($1.1 billion) in share-backed promoter financing. Torrent’s founders, the Sudhir and Samir Mehta family, own 71.25% as promoters. That’s amongst the highest promoter ownership in Indian pharma and they are seeking to use that headroom to dilute equity to raise leverage. They are also in separate discussions with foreign banks — Standard Chartered, JP Morgan, MUFG, Citi and Barclays among others — to raise as much Rs 32,000-35,000 crore (up to $4.23 billion) against the cashflows of the target as acquisition financing. The lenders are expected to revert with funding commitment letters at the earliest, said the sources mentioned above. JP Morgan is also advising Torrent Pharma. Bain, Advent, Warburg and CVC declined to comment.