Author: NNI Editor
Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure dollars. File | Photo Credit: V. V. Krishnan The rupee witnessed a range-bound trade and depreciated 5 paise to 86.76 against the U.S. dollar in initial deals on Monday (February 17, 2025), weighed down by significant foreign fund outflows and a negative trend in domestic equities.Forex traders said the Indian rupee is trading with a negative bias as foreign banks went on a dollar-buying spree and importers scrambled to secure dollars, as they feared further…
Suneet Varma | Photo Credit: SHIV KUMAR PUSHPAKAR Sara Ali Khan in an embroidered corset and skirt from the collection How do you take a ubiquitous fabric like denim — associated with rough use and daily wear — and make it look couture? This is a challenge, couturier Suneet Varma gladly took up as part of the Lee X Suneet Varma collaboration. By his own admission, Suneet likes to do things that seem difficult. “That’s what makes it exciting. If it’s not exciting, I am not interested,” he says over a call from Delhi. Titled Denim Beyond Definition, the 46-piece…
Deutsche Bank’s global technology hub in Bengaluru showcased GenAI solutions developed by their India-based teams at the ‘Bank on Tech’ event held today. Dilipkumar Khandelwal, Global CIO Corporate Functions, Deutsche Bank and CEO, Deutsche India spoke about how technologies like cloud, AI and GenAI were pushing substantial change in outcomes. Bernd Leukert, Chief Technology, Data, and Innovation Officer highlighted their cloud transformation journey with Google Cloud as a partner as well as the ongoing integration of GenAI tools. “Earlier, growth in revenue and customers was tied to more people in operations. Since we’re trying to keep our total head count mostly flat,…
Just as the northern hemisphere starts the wardrobe transition from summer to fall, runway shows in the world’s fashion capitals seek to stir the imagination, and desire, for the next warm weather season.Milan designers have been ambiguous about seasons in recent fashion weeks, with summer collections not corresponding to the soaring temperatures. That was not the case during the first day of Milan Fashion Week previews on Tuesday, featuring diaphanous, dreamy summery dresses, alongside crisp cotton. Models walk the runway during the Redemption collection show at Milan’s Fashion Week Womenswear Spring / Summer 2025, on September 17, 2024 in Milan.…
Google’s newly-inaugurated campus ‘Ananta’, in Bengaluru on February 19, 2025. | Photo Credit: PTI Google, the California-headquartered tech major, announced the opening of Ananta, one of Google’s largest offices globally, at Mahadevapura, in the outskirts of Bengaluru on Wednesday (February 19, 2025).The 1.6-million-sq-ft building, Ananta (infinite or limitless in Sanskrit) is built by Bagmane Tech Park over six years. And it was styled and readied for Google in another 11 months.The new facility can seat upwards of 5,000 techies and the company currently has around 10,000 employees in India, probably the largest employee base outside its home country.The announcement was another…
Koodai totes | Photo Credit: Special Arrangement Shop for a curated range of handlooms and handcrafted products at the second edition of Sondham. Sunita Prasad, founder and partner of the annual pop-up, brings traditional handloom saris, dupattas, and their signature koodai totes. Cotton saris from West Bengal | Photo Credit: Special Arrangement Sunita says she collaborates with weavers to craft saris for Sondham. “I visited Kalna and Phulia districts in West Bengal to meet the weavers. Phulia district is known for its superior cottons, and they specialise in natural dye. In Kalna, which is known for jamdani weave, we collaborated…
JBM Ecolife Mobility Pvt ltd., a subsidiary of JBM Auto Ltd. said it has secured an order for 1,021 electric buses valued at ₹5,500 crore under the Government of India’s PM e-Bus Sewa Scheme-2 initiative. These buses will be deployed in 19 cities in Gujarat, Maharashtra and Haryana. Under this tender, JBM Ecolife Mobility will be responsible for the end-to-end execution. The project will be supported by a Payment Security Mechanism (PSM), ensuring timely payments to electric bus operators and enhancing financial sustainability for industry stakeholders. Nishant Arya, Vice Chairman & Managing Director, JBM Auto, said, “This significant order strengthens our commitment to…
New Delhi’s DLF Emporio Mall, synonymous with top-tier luxury brands, is now home to Swiss watchmaker Franck Muller’s first boutique in northern India, in partnership with Kapoor Watch Company. The brand’s inclination toward quirky aesthetics is visible in its 1,168 square ft boutique that houses some of their most exquisite timepieces: from the bestselling Vanguard to Master Square. Equally striking is the symmetry of watch tower displays in aqua tones suspended from the ceiling. With a firm eye on India’s luxury market, Franck Muller is on an expansion drive. This is the brand’s second exclusive boutique in India after Palladium…
File image. | Photo Credit: Reuters High frequency indicators, like vehicles sales, air traffic, steel consumption and GST E-way bills, point towards a sequential pickup in momentum of economic activity during the second half of the fiscal 2024-25 and sustain moving forward, RBI Bulletin said on Wednesday (February 19, 2025). However, a strong dollar, driven by US economic resilience and trade policy pivots, could exacerbate capital outflows from emerging economies, push risk premiums higher, and intensify external vulnerabilities, said an article on ‘State of the Economy’ published in RBI’s February bulletin. Economic activity momentum is poised to be sustained, strong…
Yuvraj Singh at the new store | Photo Credit: Special Arrangement Former Indian international cricketer Yuvraj Singh is a busy man. From working on his cancer charity YouWeCan to mentoring young kids from his home state, Punjab, besides travelling the world to play golf, he has a lot on his plate. “I am also taking care of my two kids Aura and Orion. It’s a lot of hard work (smiles). I also enjoy doing humanitarian work,” he shares. The all-rounder was recently in Delhi for the inauguration of Swiss watchmaker Franck Muller’s exclusive boutique at DLF Emporio, in partnership with…