Author: NNI Editor
Representative image | Photo Credit: Reuters The rupee depreciated 8 paise to 86.96 against the U.S. dollar in early trade on Tuesday (February 18, 2025), weighed down by sustained foreign fund outflows and a negative trend in domestic equities. Forex traders said there is a negative bias for the USD/INR pair as foreign investors continue to sell domestic equities and the RBI support is tapering off slowly. At the interbank foreign exchange, the rupee opened at 86.94 then fell further to 86.96 against the American currency, registering a decline of 8 paise over its previous close. On Monday, the rupee…
As we walk into Gaurav Mehta’s store in Jaipur, located within the Rambagh Palace, Jaipur, we expect a large, swanky setting befitting the founder-designer of Jaipur Watch Company (JWC) and his latest collection, Brides of Jaipur. But it is an intimate space (less than 100 sq ft) without any external branding, tucked into a corner of the sprawling early 20th-Century palace, now operated as a five-star hotel by the Taj Hotels Group.It evoked the charm of the small, family-run shops nestled in the bazaars of traditional Jaipur. Rambagh Palace is, nevertheless, a prime location for Gaurav’s clientele. Those who can…
Only a fraction of the envisaged allocations was actually spent on justice-related schemes The Central government has consistently reduced budget allocations to certain justice-related schemes and projects since 2019, shows the recently released India Justice Report 2025-26.Data also show that not only have allocations reduced, but also, only a fraction of the envisaged allocations was actually spent on these schemes. The Modernisation Fund for the State Police Forces was formed to assist special projects and schemes that would upgrade the infrastructure of States’ police as well as Crime and Criminal Tracking Network and Systems. Chart 1 shows the Budget Estimates (BE),…
A fashion showcase by Anavila Misra at the Chettinad Heritage Festival. | Photo Credit: Special Arrangement In early October, famed fashion designer Anavila Misra launched her latest collection Payanam, inspired by the fabrics of Chettinad, at the Chettinad Heritage Festival. This week, the collection was previewed at The Folly, Amethyst along with jewellery by Sheetal Zaveri.An insightful talk by photographer Bharath Ramamrutham about how architecture has had an impact on fashion over the ages, was a prelude to the exhibition and showcase. The talk took the audience through the journey of how different styles of architecture, right from Spanish to Gothic…
Adani Group Chairman Gautam Adani. File | Photo Credit: PTI The U.S. Securities and Exchange Commission has requested assistance from Indian authorities in its investigation of Adani Group founder Gautam Adani and his nephew Sagar Adani over alleged securities fraud and a $265 million bribery scheme, a court filing showed on Tuesday (February 18, 2025).Also Read | U.S. case against India’s Gautam Adani appears strong but extradition unlikely, experts sayThe SEC told a New York district court its efforts to serve its complaint to Gautam and Sagar Adani were ongoing and that it is seeking help from India’s Ministry of…
Sawai Padmanabh Singh is not an easy man to catch. Yes, the 26-year-old titular maharaja of Jaipur (Pacho to his close friends and half a million followers on Instagram) has been generous in opening his home, the City Palace Jaipur, to creatives from across the country for evenings curated around fashion and culture in recent months. But glamorous soirees are only a small helping on his very full plate. His calendar is bursting with polo tournaments and training sessions, the opening of an upcoming arts centre, and the myriad ceremonial duties attached to his royal title.We finally manage to catch…
Union Minister of Commerce and Industry Piyush Goyal said India and the U.S. are committed to increasing bilateral trade to $500 billion and negotiating a “strong” trade agreement within the next 6-8 months. File | Photo Credit: ANI Piyush Goyal Goyal said once his U.S. counterpart takes charge, both countries will discuss the contours of the pact.India and the U.S. are committed to increasing bilateral trade to $500 billion and negotiating a “strong” trade agreement within the next 6-8 months, Commerce and Industry Minister Piyush Goyal said on Tuesday (February 17, 2025).During the recent visit of Prime Minister Narendra Modi…
When the iconic Jimmy Choo decided to step beyond shoes and into the world of fragrances, they wanted to capture something more than just a scent — they wanted to bottle the essence of pure glamour. Inspired by the bold, confident woman who walks through life as though it is her runway, I Want Choo was born.It started with a simple idea: to create a fragrance that would feel like slipping into a pair of the brand’s legendary stilettos. The team behind Jimmy Choo knew it had to be more than just luxurious; it needed to be fun, daring, and unforgettable. They…
Airbus, Collins Aerospace, Pratt & Whitney, and Rolls-Royce are expanding parts sourcing from India, driving growth in the country’s emerging aerospace sector and pushing local firms to elevate their games, industry insiders say.Bengaluru-based Hical Technologies and JJG Aero are among those riding the wave. Hical, a supplier to Raytheon Technology and Boeing among others, aims to double revenue to 5 billion rupees ($57.57 million) from its aerospace division in three years, said Yashas Jaiveer Shashikiran, joint managing director.JJG Aero, also in Bengaluru’s industrial hub, took 12 years to hit $2 million in revenue but soared to $20 million in the…
The sari, with its folds and layers, holds more than just fabric; it preserves the stories of generations and skills passed down over time. Draping it is an art — a sequence of gestures repeated until they become muscle memory. The act of draping is a subtle homage to the cultural tapestry that has withstood shifting trends.While eager to embrace tradition, younger generations often find it challenging to master the draping of a sari as their mothers and grandmothers did. As this garment becomes a regular part of their wardrobe, it is also being redesigned and reintroduced to be more…