Inside Financial News

luxury brands are looking at India, says Benedicte Epinay, CEO of Comite Colbert, the official luxury association of France that represents 93 luxury brands and behemoths such as LVMH, Chanel and Kering. «Is India the next promising market? There are obstacles such as custom duties and the bureaucracy, but it probably is, because you have all the ingredients,» Epinay told ET. «You have the consumers, you have the appetite for refinement, you have the taste to understand luxury, and you have the passion to show off.» She was here for the first Indo-French luxury symposium, or 'IFCCI Luxury Symposium', held in New Delhi on Wednesday. «Post Covid, we are back to a new normal.

Write to Ann-Marie Alcántara at [email protected] Alert!Livemint tops charts as the fastest growing news website in the world

Sam Bankman-Fried got a test run taking the stand at his New York criminal trial on Thursday, after a judge sent jurors home but let him demonstrate portions of his testimony before deciding what parts of it he'll allow.

Arnold Dix. The international tunnelling expert hit headlines, as he led a successful rescue mission to save 41 workers who were trapped inside Uttarkashi's Silkyara tunnel since November 12. In a video shared by the news agency ANI, the Australian tunnelling expert is seen offering prayers at Baba Bokhnaag Mandir, a local temple. The clip has since gone viral on X, gaining 204K views and 8.8K likes. Many netizens gushed over this gesture. One X user lauded him for submitting to the divine forces. “Sign of a great and humble person. When you understand there are forces beyond your control and you seek their blessings for success,” he wrote. Another poster was all praise for Aussies. “Gotta give it to Australians. It was two Australians Richard Harris and Craig Challen who played an important role in saving Thailand football Kids too. Casual excellence from Australians in every walk of life. Like Cricket,” they wrote. In an interview with the agency, Dix thanked his team for being the epitome of unconditional support and said that as a parent, he was relieved that he could unite so many parents (referring to the trapped workers) to their children before Christmas. He also praised Indian engineers, and described them as “the best.” “It's been my honour to serve, and as a parent, it's been my honour to help out all the parents getting their children home. Remember in the beginning I said, 41 people home, and no one gets hurt by Christmas. Christmas is coming early… We were calm, and we knew exactly what we wanted. We worked as a wonderful team. India has the best engineers… It was just a joy to be part of this successful mission,” he told the news agency.

An arrest and huge seizure of 26,000 allegedly counterfeit $2 coins in Quebec, and a second smaller seizure of the same dodgy coins in a northern Ontario city a few months later, suggests that a new counterfeit toonie variety is circulating across Canada, a coin expert says.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

ecology and economy, saying his government had decided to review all such projects after the collapse of Silkyara tunnel. In an interview to PTI, he said his Diwali came on Tuesday with the successful evacuation of 41 workers trapped inside for almost 17 days. He said he was as happy as the workers' families after the evacuation. «My Diwali, Igas or Dev Deepavali came yesterday when they were evacuated,» the CM said, referring also to other festivals celebrated in the state. The workers were like family, he said.

Endgame, exposes tensions within the British Royal Family, specifically between Prince William and Meghan Markle. Scobie's account depicts the initial phase of Harry and Meghan's romance as a turbulent period, with William expressing concerns about the pace of their relationship. William apparently had a problem with “opinionated" Meghan, the book says.

Uttarakhand tunnel rescue mission came up for discussion during the meeting of the Union Cabinet on Tuesday night, and Prime Minister Narendra Modi was «very emotional», Union minister Anurag Thakur said on Wednesday. Briefing reporters on the decisions taken by the Union Cabinet, Thakur said there was «whole of government» approach and every effort was made to save every life.

Silkyara tunnel, a remarkable story of grit and gumption was playing out inside. The story was about how the trapped workers battled the elements to actively contribute to the rescue efforts being mounted from outside. According to various accounts of the events, the workers who went 17 days without sufficient food and fought irregular sleep and bouts of anxiety, played a critical role in their evacuation, ToI reported on November 29. The report details how the trapped workers helped in the deployment of oxygen pipes and set up safety points while rescuers were drilling from three different directions.

who passed away at 99, shared some of his wisdom on life in an interview with CNBC ahead of his birthday on January 1 next year. He also spoke about his bucket list and why he gave it up. When asked about his bucket list, Munger seemed amused by the question, answering, "That's an interesting question.

Catch the latest updates on the Uttarkashi tunnel rescue work hereMahindra & Mahindra Chairman Anand Mahindra praised the 'rathole miners' who could save the 41 trapped labourers inside Uttarkashi's Silkyara tunnel. Mahindra wrote, "And after all the sophisticated drilling equipment, it’s the humble ‘rathole miners’ who make the vital breakthrough! It’s a heartwarming reminder that at the end of the day, heroism is most often a case of individual effort & sacrifice".Uttarakhand Chief Minister Pushkar Singh Dhami said none of the 41 labourers rescued from an under-construction road tunnel in Uttarkashi district was in a critical condition."All of them were healthy.

Peer-to-peer lending, which has mostly remained confined to the margins of the financial services sector, has reported strong growth in the last financial year. According to their regulatory filings, a bunch of P2P lending companies more than doubled their revenue in fiscal 2023 from the previous year. According to industry insiders, P2P lenders finally seem to have found a steady business model through partnerships with large consumer-facing applications.

₹1 lakh. The CM has also announced a review of tunnels that are currently under construction and assured that the Baukhnag temple would be rebuilt. An ambulance with the first of the 41 workers left the mouth of the tunnel around 8 pm, about an hour after rat-hole mining experts dug through the last stretch of rubble.

trapped in Uttarakhand's Silkyara tunnel were evacuated on Tuesday evening. The ambulances waiting at the site took them to a community health centre where a special 41-bed ward was set up for them. As the youngest of the workers, who was the first to be evacuated, emerged out of the tunnel, he was greeted with hugs and cheers as a sense of relief and hope spread. An ambulance with the first of the 41 workers left the mouth of the tunnel at around 8 pm, about an hour after a group of rat-hole mining experts dug through the last stretch of the rubble.

Omid Scobie titled "Endgame: Inside The Royal Family And The Monarchy's Fight For Survival," several astonishing claims about the inner workings of the royal household have been disclosed. The book, released today, presents a grim picture of the monarchy's future, citing a growing disinterest among the youth as one of its top concerns.

Phoenix Theatres, known for banking on major releases during the holiday season, faces a unique challenge this year. Owner Cory Jacobson notes the absence of a standout film like past hits «Avatar: The Way of Water,» «Spider-Man: No Way Home,» or «Star Wars: The Rise of Skywalker.» The spotlight now shifts to «Aquaman and The Lost Kingdom,» the sequel to the 2018 megahit.

'Thor: Ragnarok', which is widely considered one of the best Marvel movies. Making the big revelation on the episode of the “SmartLess” podcast, Waititi said he had no interest in joining the Marvel Cinematic Universe as a director. The Oscar-winning filmmaker, who has directed two MCU movies: 2017’s “Thor: Ragnarok” and 2022’s “Thor: Love and Thunder”, said he accepted the film for money because of the birth of his second child. “You know what? I had no interest in doing one of those films,” the filmmaker said. “It wasn’t on my plan for my career as an auteur.

Silkyara tunnel and efforts to bring out the remaining trapped workers are underway. Later in a update it was stated all 41 workers trapped inside the Silkyara tunnel in Uttarakhand since November 12, have been successfully rescued. Meanwhile, Chief Minister Pushkar Singh Dhami met the workers who have been rescued along with Union Minister of State General (Retd) VK Singh.

Narendra Modi. Chants of 'Bharat Mata Ki Jai' and 'Modi hai to Mumkin hai' also rang out as the multi-agency rescue operation concluded on Monday evening. Locals were also seen distributing sweets outside Silkyara tunnel as the rescue efforts continued.

Lt General (Rtd) Syed Ata Hasnain said that the entire operation to evacuate workers from the Silkyara tunnel will take 3-4 hours adding that they are not in a "hurry." Addressing a press briefing in New Delhi, Hasnain said, "It is estimated that it will take 3-5 minutes to evacuate each of the 41 persons. The entire evacuation is expected to take 3-4 hours from the Silkyara tunnel after the breakthrough is achieved." He further said that three teams of NDRF will go inside the tunnel to organise the evacuation.