The curious link between hemlines and the economy As wacky as it sounds, fashion and the economy have been linked by an unusual theory for nearly a century: the Hemline Index. In one of the strangest attempts to study economy, the theory proposes: skirts get shorter when times are good and when the economy struggles,…
Gold is likely to remain volatile and range-bound in the coming week as traders track movements in the US dollar and bond yields, developments in the the Middle East conflict and the direction of crude oil prices.According to analysts, after a week dominated by monetary policy and geopolitical developments, investors are expected to turn their…
Bank holiday in September Bank customers planning a branch visit on Monday, September 21, should note that banks will remain closed in parts of the country for regional holidays.According to the Reserve Bank of India’s holiday calendar, bank branches in Assam and Kerala will remain closed on September 21.The closure is not applicable nationwide, as…
Uday Kotak on Friday said India needs to find a way to address its high gold imports. India’s gold imports have been in focus since the start of the US-Iran war as they add pressure to the country’s import bill at a time when oil is also rising and rupee is depreciating.Amid this, veteran banker…
The bottle label could prominently carry a red warning. (Image for representative purpose only) The use of cough syrups for children under the age of four continues despite the drug regulator’s guidelines. Now, India’s drug regulator is examining a proposal to make changes to cough syrup labels to discourage their use in children under four…
Wilt Chamberlain built his custom Bel-Air estate The custom-built Bel-Air home originally created for basketball legend Wilt Chamberlain has sold for about $9.7 million (£7.6 million), ending years of attempts to sell the large property at a much lower price than its original asking price. According to real estate records published by Mansion Global and…
As part of the process, the society asked all homebuyers to submit their parking allotment letters. (Image for representative purpose only) Your builder gives you parking space at the time of buying the house, but the housing society later changes rules. What happens then?In one such case, the Maharashtra State Co-operative Appellate Court has protected…
Taylor Swift and Travis Kelce’s $5.35M Ohio mansion has a historic architectural counterpart. (Photo: Blank Creative/Jenny Ames) A historic mansion with a unique connection to Travis Kelce’s newly purchased Ohio estate is now on the market for $1.75 million, offering buyers a chance to own a property designed by the same architect who created the…
A historic 5.8-acre estate in Holmby Hills, which includes the former 1925 Spanish Colonial Revival mansion of rock star Rod Stewart, has sold in two separate deals totaling $86 million (£68 million). According to real estate records published by The Wall Street Journal and reported by Galerie Magazine, the combined sales end more than 30…
In 1984, Johnny Carson bought a 4-acre Malibu estate for about $9.5 million – Image credit: MARY E. NICHOLS Johnny Carson’s former Malibu estate has had a remarkable journey through the luxury property market, moving from a roughly $9.5 million purchase in the 1980s to an $81.5 million asking price decades later before eventually changing…
