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BusinessItalian fashion house Armani plans to sell an initial 15% stake within 18 months after founder Giorgio Armani's death. CEO Giuseppe Marsocci stated the stake could be sold to several partners, with preferred buyers including LVMH, L’Oréal, and EssilorLuxottica. This move follows directives from Giorgio Armani's will regarding the brand's future.
Mint Companies·2h ago
BusinessSwitzerland's central bank, the Swiss National Bank (SNB), has maintained its key interest rate at 0% since June 2025, despite rising inflation pressures globally. Swiss inflation remains low at 0.8% as of August, within the SNB's 0-2% target. The strong Swiss franc, a global safe-haven currency, helps keep imported goods cheaper, allowing the SNB to keep borrowing costs low through 2028 with expected inflation around 0.7-0.8%.
Firstpost Business·53m ago
BusinessThis report provides the latest gold rates for 22k gold from leading jewelers like Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers, and Joyalukkas across Delhi, Mumbai, Chennai, Kolkata, Trivandrum, and Bengaluru. It also includes updated prices for 14k, 18k, 20k, 22k, and 24k gold jewelry and the 999-purity silver rate from IBJA.
Economic Times·1h ago
SportsVirat Kohli scored an unbeaten 139 off 88 balls to lead India to an eight-wicket win over the West Indies in the first ODI of a three-match series. During this innings at Greenfield International Stadium, Kohli became the second batter after Sachin Tendulkar to reach 15,000 ODI runs. He also surpassed Tendulkar's record for most ODI runs on home soil and extended his tally to 55 ODI centuries.
NDTV Cricket·1h ago·Thiruvananthapuram
PoliticsAt a convention in Karnataka, a seer criticized efforts to divide Hindus based on Lingayat and Veerashaiva identities. The seer alleged that some individuals claiming to uphold Basaveshwara’s progressive ideals selectively oppose Hindu traditions while accepting positions, recognition, and benefits from institutions linked to the same society.
The Hindu·48m ago·Karnataka
PoliticsCockroach Janta Party spokesperson Ashutosh Ranka alleged that Assam Police detained him and over 30 party leaders and volunteers in Guwahati to intimidate the organisation. The detention occurred before the party's first regional volunteers' meeting near the Assam Secretariat. Ranka was later released and stated, “The more you suppress, the more the revolution will spread.”
Zee News Hindi·30m ago·Guwahati
Mint Companies·2h ago
Italian fashion house Armani plans to sell an initial 15% stake within 18 months after founder Giorgio Armani's death. CEO Giuseppe Marsocci stated the stake could be sold to several partners, with preferred buyers including LVMH, L’Oréal, and EssilorLuxottica. This move follows directives from Giorgio Armani's will regarding the brand's future.
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