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Coloured diamonds shine brighter: Ultra rich chase pink, blue stones — what’s driving the demand?

Ultra wealthy Indians are increasingly placing their bets on pink, blue and yellow diamonds, embracing the rare stones as both eye-catching statement jewellery and long-term investment assets. Coloured diamonds,far rarer than conventional white diamonds, have seen demand spiked by 20%-25% over the past year, even as prices continue to climb.According to jewellers and traders, since…

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Insurance costs under lens: RBI flags high-cost distribution driving premium growth, warns of medium-term pressure

The Reserve Bank of India has flagged emerging structural pressures in the insurance sector, warning that premium growth is increasingly being driven by high-cost, distribution-led strategies rather than improvements in operating efficiency, even as the sector remains stable in the near term, according to its latest Financial Stability Report.“While posing no near-term systemic risks, the…

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Why talking while driving is more dangerous than you think |

New research reveals that talking while driving, even hands-free, significantly delays essential eye movements. This cognitive load interferes with the neural mechanisms controlling gaze, potentially slowing hazard recognition and increasing accident risks. The findings highlight that even brief delays in visual processing can have serious consequences on the road. Most drivers think they can multitask….

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Gold price hits record high! Yellow metal jumps to $4,383.76 in early trade — What’s driving the rally?

Gold prices on Monday hit record high on expectations of more interest rate cuts by the US Fed and the yellow metal’s status as the steady safe-haven amid weak dollar.Spot gold surged to $4,383.73 after fresh US economic data signalled continued weakness in the labour market, while easing inflation strengthened expectations of further monetary easing…

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AI boom or bubble? Is the AI bet driving US growth into risky territory; Ruchir Sharma explains

Left- AI generated reperesentative image; Right- Ruchir Sharma (File photo) The global economy has entered a phase where artificial intelligence has become the dominant force shaping growth, markets and policy, with the US now the most exposed to both its promise and its risks, according to economist and investor Ruchir Sharma.“This big factor has out-Trumped…

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‘My son was not driving’: Karnataka ex-min’s SUV mows down man; victim’s family alleges Revanna’s son at wheel | Bengaluru News

BENGALURU: An SUV belonging to a former Karnataka minister fatally mowed down a 23-year-old factory worker near Magadi, about 55km from Bengaluru, close to Thursday midnight.Family members of the deceased, Rajesh BG, alleged that senior Congress leader HM Revanna’s son Shashank was driving the SUV. However, by late Friday, Revanna claimed a family driver, identified…

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Auto dispatches hit top gear: November clocks double-digit sales growth — What’s driving the surge?

Automakers saw a strong rise in factory dispatches to dealerships in November, indicating that consumer demand remained strong even after the festive season ended. Companies noted that cars, two-wheelers and three-wheelers recording strong double-digit growth as compared to the same period, a year earlier. Industry body SIAM said that the month turned out to be…

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Indian-origin man charged with murder in California; was driving Tesla at 150mph before killing a 41-year-old woman

28-year-old Badal Dholaria, an Indian-origin man, has been charged with second-degree murder and other felony DUI couts after his Tesla collided with a Ford Bronco, killing Alix Mari Sparks, a 41-year-old woman. Dholaria was drunk and was driving at more than 150mph, Pleasanton Patch reported. The woman was not driving the car but the Tesla…

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