Business
Lucknow splurges on Dhanteras, puts Covid gloom behind

Wiping out the pandemic blues, Lucknow, on Dhanteras, splurged like never before.
The state capital spent around Rs 2,900 crore in a single day on Tuesday.
According to jewellers association, more than 500 kilograms of gold and 10 quintals silver was sold
on Dhanteras.
The maximum sale was of jewellery and gold coins. A diamond set worth Rs 30 lakhs was also bought by a businessman’s family.
Jewellers said that the majority of the people took home minimalistic jewellery like gold studs, slim chains with a pendant, diamond bracelets, solitaire rings, silver trinkets like anklets and trendy light weight jewellery.
However, those purchasing jewellery for weddings went for intricately crafted gold and Meenakari pieces.
The automobile sector recorded sales worth Rs 700 crore in a single day which is a record of sorts.
Electrical goods, particularly geysers, also recorded sales worth 400 crore while utensils that are usually on the middle-class bucket list, sold worth Rs 300 crore.
Mobile sales went up to Rs 30 crore and despite the ban, crackers’ sale was pegged at Rs 50 crore.
Ashutosh Sharma, a young executive, said he had purchased crackers worth Rs 20,000 this year.
“We are celebrating the festival in a big way after almost two years and the occasion demands that we should splurge. My extended families will also be joining in and hence I have bought crackers in large quantities,” he said.
While dry fruit sales crossed the Rs 20 crore mark, sweets continued to be the all-time favourite and recorded sales worth Rs 50 crore.
Readymade garments sold for over Rs 50 crore while decorative items recorded sale around Rs 20 crore.
Apart from this, the real estate business also recorded a boom and properties worth Rs 850 crore were registered /booked on Tuesday.
National
Vishy Anand puts his weight behind Gukesh ahead of high-stake Norway Chess 2025

Mumbai, April 10: The youngest-ever world champion Gukesh Dommaraju will take on Magnus Carlsen – the world’s No. 1 player in a high-stakes contest — in the most highly-anticipated contest in the world of chess at this year’s Norway Chess 2025. The tournament will take place in Stavanger from May 26 to June 6.
Addressing an event hosted by the Norway Chess and Sports Journalists Association of Mumbai (SJAM) in Mumbai, five-time world champion Viswanathan Anand put his weight behind the prodigy from Chennai.
“I expect a very exciting battle. Gukesh will not lack motivation or the determination to go after Magnus Carlsen. But Magnus is also highly motivated by the challenge of playing against our young players. I’ve seen him in multiple tournaments whether it’s Kolkata or the World Rapid Blitz, he eagerly looks forward to these match-ups and so we have the perfect storm. I think we have the right to expect some great battles,” Anand said appearing at the event virtually.
Gukesh, 18, has achieved remarkable success in 2024, winning the Tata Steel Masters, leading India to gold at the Chess Olympiad, dominating the Candidates Tournament, and finally claiming the ultimate prize in classical chess: the World Championship title in Singapore last December.
This year’s Norway Chess will see a star-studded line-up featuring world No.1 and defending champion Magnus Carlsen (Norway), Hikaru Nakamura (USA), Gukesh D. (India), Fabiano Caruana (USA), Arjun Erigaisi (India), and Wei Yi (China) among the men.
The Norway Chess Women will feature reigning four-time Women’s World Champion Ju Wenjun (China), Lei Tingjie (China), Koneru Humpy (India), Anna Muzychuk (Ukraine), Vaishali Rameshbabu (India), and Sarasadat Khademalsharieh (Spain).
Norway Chess and Norway Chess Women, feature the same format, same prize money, and take place in the same playing hall. Both tournaments follow a 6-player double round-robin format.
From his own experience of playing at the Norway Chess, Anand highlighted the reasons behind Norway Chess being different from any other world event under FIDE’s calendar. This year, with the top 5 in the world participating in Norway Chess, the contest promises to be nail-biting for any chess aficionado following the tournament.
“It is one of the premier events in the sport of chess, and since Norway Chess began in 2013, it has kept on evolving very well. They continue to make the tournament very attractive a demonstration of what chess is all about. They always have some extra tweaks to make it very interesting, whether it’s the confessional booth or now the Armageddon. It’s a very innovative tournament, and the levels of competition are simply outstanding,” Anand said.
He further added, “And for Indian chess, the fact that we have four players, says a lot. On the men’s side, Indian chess is as strong as it’s ever been. Even more so obviously due to the depth we have. But it’s great that Koneru Humpy is still competing so successfully and that she’ll be joined by Vaishali as well, which bodes well for us.”
Visiting India to explore partnerships, Kjell Madland, the Managing Director and visionary behind Norway Chess expressed a keenness to expand further.
“Norway Chess is absolutely honoured to be hosting the Gukesh and Magnus clash, especially on the back of Gukesh’s incredible run of form. Both the champions will have a couple of chances to go after each other which bodes very well for Norway Chess,” he said.
“And hopefully, next year, Norway Chess can host this exact fixture in India as well, where there are so many champions. The quality of chess in India over the last ten years has been, and for sure, the sport would be poorer without the Indian champions,” he added.
Crime
Four including shooter arrested in BJP leader Anil Tiger’s murder case in Ranchi

Ranchi, April 10: The Ranchi Police have successfully solved the murder case of BJP leader Anil Mahato, also known as Anil Tiger, and have arrested four persons in connection with the case including the absconding shooter Aman, an official said. The investigation revealed that the murder was linked to a land dispute.
Ranchi DIG cum SSP Chandan Sinha held a press conference here on Thursday evening, revealing that a conspiracy to assassinate him was orchestrated by land dealer Devvrat Nath Shahdev, a resident of Kishore Ganj, Ranchi.
“Shahdev had a dispute with BJP leader Anil Tiger over the ownership of 10 acres of land in Gagi Khatanga village, under the Kanke police station area,” he said.
According to police, the investigation uncovered the involvement of seven individuals in the conspiracy — Devvrat Nath Shahdev, Abhishek Sinha, Rohit Verma, Aman Singh, Zeeshan Akhtar, Manish Chaurasia, and Ajay Kumar Rajak.
Among them, four persons — Aman Singh, Manish Chaurasia, Zeeshan Akhtar, and Ajay Kumar — have been arrested.
Anil Tiger was shot dead in broad daylight on March 26 around 4 p.m. while sitting inside a hotel at Kanke Chowk in Ranchi.
The killing sent shockwaves across the city, triggering widespread outrage. In protest, several political and social organisations called for a shutdown of Ranchi on March 27, which saw significant public response.
Following the murder, one of the two assailants, Rohit Verma, was arrested after a police encounter. However, his accomplice, Aman, had managed to flee and remained on the run for two weeks.
The Special Investigation Team (SIT), formed to probe the high-profile case, apprehended Aman with the help of the police technical cell.
Apart from Aman, two other individuals have been arrested for conducting a recce of the BJP leader and aiding the conspiracy. Raids were carried out at multiple locations to nab the suspects.
The police are also interrogating Sunny Singh, a known criminal from Kishore Ganj, Ranchi, who is currently in custody on remand.
Initially, Rohit Verma claimed during questioning that the murder was an act of revenge for the killing of criminal Santosh Jaiswal in Lohardaga district, allegedly carried out at Anil Tiger’s behest.
However, police have since found this to be a deliberate attempt to mislead the investigation.
According to the police, fresh evidence now points to a property dispute as the actual motive, with a land dealer believed to be the mastermind behind the assassination.
Business
US major BlackRock largest investor in Adani Group’s $750 million bond issue

New Delhi, April 10: US-based leading asset manager BlackRock is the largest investor in $750 million private bond issuance by the Indian behemoth Adani Group, informed sources said on Thursday.
According to people close to the matter, BlackRock’s move marks its first private placement in India’s infrastructure sector. BlackRock’s involvement also signals that it does not anticipate any significant operational disruptions for the conglomerate stemming from the legal proceedings in the US.
BlackRock, which oversees $12 trillion in assets globally, has apparently taken on one-third of the $750 million issuance, which carries a tenure of 3-5 years.
Apart from BlackRock, five other institutional investors also participated in the Adani Group’s latest capital raise.
As per sources, the $750 million bond issue of Renew Exim DMCC, a wholly-owned offshore entity of the Adani Group promoter family, is to be used to finance the acquisition of ITD Cementation and other growth avenues.
Aiming to bolster its engineering capabilities in the infrastructure sector, the Adani Group last year announced the purchase of a 46.64 per cent stake in ITD Cementation for Rs 5,888.57 crore from its promoters.
Renew Exim has since acquired an additional 20.81 per cent through an open offer at Rs 400 per share.
ITD Cementation, known for its work on key projects such as Jawaharlal Nehru Port Trust and ports in Tuticorin, Mundra, and Vizhinjam, is seen as a strategic asset for Adani’s long-term infrastructure ambitions.
According to BlackRock Chairman Larry Fink, “Infrastructure is one of the most exciting long-term investment opportunities, as a number of structural shifts re-shape the global economy”.
The Adani Group views the entry of the world’s largest investor as a strong vote of confidence, particularly at a time when its fundraising capabilities have been questioned due to the ongoing Department of Justice (DOJ) investigation in the US.
This marks the Adani Group’s second private dollar bond issuance. In February, the Group raised about $200 million for its Australian port operations.
-
Crime3 years ago
Class 10 student jumps to death in Jaipur
-
Maharashtra6 months ago
Mumbai Local Train Update: Central Railway’s New Timetable Comes Into Effect; Check Full List Of Revised Timings & Stations
-
Maharashtra6 months ago
Mumbai To Go Toll-Free Tonight! Maharashtra Govt Announces Complete Toll Waiver For Light Motor Vehicles At All 5 Entry Points Of City
-
Maharashtra7 months ago
False photo of Imtiaz Jaleel’s rally, exposing the fooling conspiracy
-
National News6 months ago
Ministry of Railways rolls out Special Drive 4.0 with focus on digitisation, cleanliness, inclusiveness and grievance redressal
-
Crime6 months ago
Baba Siddique Murder: Mumbai Police Unable To Get Lawrence Bishnoi Custody Due To Home Ministry Order, Says Report
-
Maharashtra5 months ago
Maharashtra Elections 2024: Mumbai Metro & BEST Services Extended Till Midnight On Voting Day
-
National News7 months ago
J&K: 4 Jawans Killed, 28 Injured After Bus Carrying BSF Personnel For Poll Duty Falls Into Gorge In Budgam; Terrifying Visuals Surface