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Prada bows to massive online backlash! Italian brand forced to credit Kolhapuri chappal designs; legal options being mulled in India
Prada's 2026 menswear line, featuring sandals resembling Kolhapuri chappals, has sparked controversy in India over cultural appropriation. While Prada acknowledges the design's inspiration and commits to engaging with Indian artisans, LIDCOM is conside...
Euro set for best run since 2017 as $ slumps
3rd time lucky? Shein set to file for Hong Kong IPO
Torrent Pharma revives talks to buy KKR stake in JB Chem
JSW to buy Dulux paints biz for Rs 9,000 crore
Foreign debt climbs: India’s external debt rises 10% to $736.3 billion in FY25; debt-to-GDP edges up to 19.1%
India's external debt experienced a 10% surge, reaching $736.3 billion by March 2025, with the debt-to-GDP ratio slightly increasing to 19.1%. The non-financial corporate sector held the largest share of borrowing, while loans constituted the major com...
Forex watch: India’s reserves fall $1 billion to $697.93 billion this week; gold and SDR values decline
India's foreign exchange reserves decreased by $1.01 billion, reaching $697.93 billion in the week ending June 20, according to RBI data. This decline reverses the previous week's increase. The drop was primarily due to decreases in foreign currency as...
Fertilizers push: Coal India to infuse over Rs 1,067 crore in Talcher Fertilizers; coal gasification plant sees 65% progress
Coal India will invest over Rupees 1,067 crore in Talcher Fertilizers Limited. This investment supports India's first coal gasification-based ammonia urea plant. The Talcher project aims to produce 12.7 lakh tonnes of urea annually. The project faced d...
Strategic shipyard deal: Mazagon Dock Shipbuilders to acquire controlling stake in Colombo Dockyard for $52.96 million; India eyes regional maritime edge
Mazagon Dock Shipbuilders Limited (MDL) is set to acquire a controlling stake in Colombo Dockyard PLC (CDPLC) for up to $52.96 million, marking its first international acquisition. This strategic move aims to expand India's maritime influence in the In...