Articles by Unknown

Technology

World News | Balochistan Faces Fresh Attacks Amid Continued Neglect

Quetta [Pakistan], November 6 (ANI): In yet another alarming reminder of Balochistan's worsening security climate, unidentified armed men carried out two separate attacks on Tuesday evening, one in Kachhi district and the other in Quetta, raising fresh questions about the state's preparedness and ongoing neglect of the region's security needs, as reported by Dawn. In two separate incidents, unidentified armed groups attacked a police station in Kachhi district and targeted a security checkpoint on Quetta's Western Bypass with hand grenades. Also Read | UN Mission in Afghanistan Suspends Border Services Citing Denial of Work Permits to Women Staff. According to officials, around 20 heavily armed assailants stormed the Khattan Police Station in Kachhi district. The outpost, recently set up inside a repurposed Livestock Department building following the merger of levies personnel into the police force, proved highly vulnerable. According to the Dawn, the attackers forced their way into the modest two-room facility, set official records and furniture ablaze, and looted weapons. They fled with an SMG and a G-3 assault rifle, along with a mobile phone and a privately owned motorcycle. Also Read | Israeli Couple Engage in Sex at Wang Sai Thong Waterfall in Thailand, Arrested for 'Public Obscenity' After Video Goes Viral. A senior official told Dawn that former levies personnel stationed nearby were unable to mount an effective response given the overwhelming number of attackers. Fortunately, no casualties or injuries were reported. Police and security forces arrived shortly after the incident and began a joint search operation in an effort to track down the perpetrators. The Counter Terrorism Department (CTD), Sibi Range, has launched a deeper investigation into the attack. In the second incident the same evening, unidentified motorcyclists targeted a security forces checkpoint near Quetta's Western Bypass by lobbing two hand grenades. Although the explosives detonated near the post, no loss of life or damage was reported. Security personnel returned fire, but the assailants escaped under the cover of darkness. A search operation was later conducted to sweep the surrounding area, as highlighted by Dawn. The twin attacks add to a growing pattern of assaults across Balochistan, intensifying concerns over inadequate policing resources, weak security presence in remote districts, and the government's continued failure to address the province's long-standing grievances and instability. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

India News | MP CM Mohan Yadav Appeals Bihar Residents to Exercise Their Franchise in Assembly Polls

Bhopal (Madhya Pradesh) [India], November 6 (ANI): Madhya Pradesh Chief Minister Mohan Yadav on Thursday appealed to the residents of Bihar to exercise their franchise in the ongoing state assembly polls. CM Yadav also expressed confidence that the NDA would return to power in Bihar again, with Nitish Kumar continuing as Chief Minister. Also Read | Karnataka Shocker: Depressed Over Wife's Desertion, Man Dies by Suicide After Killing 5-Year-Old Daughter. "On the occasion of polling for the Bihar assembly elections, I appeal to all the people of Bihar to use their voting rights and participate in this festival of democracy. It is certain that the NDA will form the government again and Nitish Kumar will be the CM. When Prime Minister Narendra Modi is leading the NDA in Delhi, the people want development, and the NDA will form the government again in Bihar," CM Yadav said. Targeting the Opposition, the Chief Minister said that it was unfortunate that the Leader of Opposition (LoP), Rahul Gandhi, is trying to mislead the public by bringing up the Haryana elections during the Bihar polls. Also Read | Automatic Toll Collection System: NHAI to Roll Out Automatic Tolling With High Speed Cameras on Chennai-Bengaluru National Highway and GST Roads. "Nobody is taking his claims seriously. Earlier, he tried to spread misinformation about EVMs. The Supreme Court also rejected that claim. I hope that he will behave with dignity," the CM added. The Chief Minister is also visiting Bihar on Thursday as part of the election campaign for NDA candidates in the Bihar assembly elections. According to an official release, CM Yadav will tour the Darbhanga, Madhubani, and Gaya districts of Bihar and will address multiple public gatherings in support of NDA candidates. Bihar assembly elections are being held in two phases, and voting for the first phase on 121 constituencies is being conducted today, while the remaining 122 constituencies will vote in the second phase on November 11. Voting for the first phase of the 2025 assembly elections in Bihar began on Thursday at 7.00 am across 121 constituencies in 18 districts of the state's 243 seats, with approximately 3.75 crore electors casting their ballot. Polling will conclude at 6 pm, and due to security considerations, polling time has been curtailed to 5 pm in some constituencies. The first phase will decide the fate of several senior leaders, including RJD's Tejashwi Prasad Yadav, BJP leaders Samrat Choudhary and Mangal Pandey and JD(U)'s Shravan Kumar and Vijay Kumar Choudhary. According to the Election Commission, there are 10.72 lakh 'new electors', and 7.78 lakh voters are in the age group of 18-19 years. The total population of these constituencies, as stated by the Election Commission, is 6.60 crore. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

Business News | Shining Tools Limited SME IPO Opens on 07th November, 2025

New Delhi [India], November 6: Shining Tools Limited has announced its plan to go public with an Initial Public Offering (IPO) on 07th November, 2025 to be listed on the BSE SME platform Also Read | Karnataka Shocker: Depressed Over Wife's Desertion, Man Dies by Suicide After Killing 5-Year-Old Daughter. About the company * Shining Tools Limited is engaged in the designing and manufacturing of high-performance solid carbide cutting tools catering to various industries in India.* The company specialize in producing a wide range of high-performance cutting tools, including end mills, thread mills, drills, and reamers, offering innovative tooling solutions.* its cutting tools are designed for use on CNC machines such as Horizontal Machining Center's (HMCs), Vertical Machining Center's (VMCs) and turn-mill centers. They operate at high speeds and feed rates, efficiently machining a variety of metals, including solid carbide, cast iron, forgings, steel, and aluminium.* The company manufactures a wide range of tools in various shapes, sizes, geometries, and grades (standard to ultrafine), offering complete cutting tool solutions supported by technical expertise, skilled staff, and advanced machinery.* The company's portfolio includes both standardized and customized tools, with customized products contributing 73.19% to total revenue in FY 2024-25. These are developed using advanced design software such as Walter Helitronic Tool Studio and Siemens Powershape.* The company also offers regrinding, re-sharpening, and coating services to enhance tool performance and extend tool life. Leveraging its technical expertise in tool design and manufacturing, the company restores used tools to their original geometries and coatings with precision.* The company use ERP (Enterprise Resource Planning) software "NATIVEBIT" for managing inventory levels, production, execution, billing, and receivables* The company has a 50 KW grid rooftop solar plant at manufacturing facility for captive consumption. This solar plant ensures continuous unabated operation of manufacturing facility and is a key proposition in BCP Also Read | India vs Australia Live Score Updates of 4th T20I 2025: Australia Win Toss, Mitchell Marsh Opts To Bowl. Mr. Vipulbhai Laljibhai Ghonia, MD Shining Tools Limited said "I'm thrilled to announce our SME IPO listing, marking a significant milestone in our journey." Objects of the IssueThe primary objectives of the issue are to finance the purchase and installation of plant and machinery for Carbide Precision Tools at the existing premises, located at Survey No. 63/2, Plot No. 2, Rajkot-Gondal Highway, Pipaliya, Gondal, Rajkot-360 311, Gujarat, India (referred to as the "Existing Premises"). In addition, a portion of the proceeds will be utilized to fund the company's working capital requirements and for general corporate purposes. Issue StructureThe issue comprises 7,12,200 equity shares reserved for Individual Retail Investors and another 7,12,200 equity shares reserved for investors other than Individual Retail Investors. Further, up to 75,600 equity shares have been allocated to the Market Maker. The issue will open on Friday, November 7, 2025, and will close on Tuesday, November 11, 2025. The company's pre-issue share capital consists of 41,58,400 equity shares, which will increase to 56,58,400 equity shares post-issue. The Lead Manager to the issue is Sobhagya Capital Options Pvt. Ltd., and the Registrar to the Issue is Maashitla Securities Private Limited. Key FinancialsAs per the company's financial performance (₹ in lakhs), revenue from operations increased from ₹1,032.15 lakh in FY23 to ₹1,052.95 lakh in FY24 and further to ₹1,472.88 lakh in FY25. For the period ended July 31, 2025, the company reported revenue of ₹539.64 lakh. EBITDA improved significantly from ₹188.59 lakh in FY23 to ₹414.84 lakh in FY24 and reached ₹622.78 lakh in FY25, with a further ₹252.89 lakh recorded by July 2025. The EBITDA margin also strengthened from 18.27% in FY23 to 39.40% in FY24, 42.28% in FY25, and 46.86% as of July 2025. Profit After Tax (PAT) moved from a loss of ₹7.93 lakh in FY23 to a profit of ₹157.53 lakh in FY24 and ₹293.01 lakh in FY25, with ₹146.72 lakh reported up to July 2025. Correspondingly, PAT margins improved from -0.77% in FY23 to 14.96% in FY24, 19.89% in FY25, and 27.19% as of July 2025. The company's net worth increased from ₹202.13 lakh in FY23 to ₹359.66 lakh in FY24, and further to ₹800.55 lakh in FY25, reaching ₹947.29 lakh by July 2025. Return on Equity (ROE) improved from -3.85% in FY23 to 56.08% in FY24, 49.59% in FY25, and 49.15% as of July 2025. Return on Capital Employed (ROCE) also showed consistent growth, rising from 8.32% in FY23 to 26.64% in FY24, 29.61% in FY25, and 35.70% as of July 2025. Disclaimer: Shining Tools Limited is proposing, subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its Equity Shares and has filed the Prospectus with the Registrar of Companies, on 02nd November 2025 and thereafter with SEBI and the Stock Exchange. The Prospectus is available on the website of SME BSE at https://www.bsesme.com/PublicIssues/RHP.aspx. Any potential investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, please refer to the Prospectus including the section titled "Risk Factors" on page 31 of the Prospectus. Further, each Applicant where required agrees that such Applicant will not sell or transfer any Equity Shares or create any economic interest therein, including any off-shore derivative instruments, such as participatory notes, issued against the Equity Shares or any similar security, other than pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with applicable laws and legislations in each jurisdiction, including India. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

Business News | Shreeji Global FMCG Limited Announces INR 85 Crore IPO Closing on November 7th, 2025

New Delhi [India], November 6: Shreeji Global FMCG Limited, a leading agro-processing and FMCG company, has announced plans to launch its Initial Public Offering (IPO) on the NSE Emerge platform. The public issue, comprising a fresh issue of up to 68 lakh equity shares, is expected to fund the company's major expansion plans in India and abroad. Also Read | Karnataka Shocker: Depressed Over Wife's Desertion, Man Dies by Suicide After Killing 5-Year-Old Daughter. From Trading Firm to Agro-Processing Powerhouse Established in 2018, Shreeji Global FMCG has grown rapidly from a small trading unit into a robust enterprise with two fully integrated manufacturing facilities in Rajkot and Morbi. Its flagship brand "SHETHJI" has become a trusted name in the FMCG market, offering a diverse range of agro-processed products. Also Read | India vs Australia Live Score Updates of 4th T20I 2025: Get Toss Winner Result, Live Commentary and Full Scorecard Online of IND vs AUS Cricket Match. The company's portfolio includes whole spices, ground spices, seeds, pulses, grains, and flour (atta). Popular products such as cumin seeds, coriander, sesame, fennel, groundnut, kalonji, and powders of chilli, turmeric, and coriander are produced under stringent quality standards. Each of these products is handled under defined quality parameters to ensure uniformity in texture, aroma, and shelf life. This integrated process flow enables them to deliver both raw, processed and value-added agriproducts under their own SHETHJI brand and also through white-label packaging. Strong Growth Momentum Shreeji Global FMCG has delivered remarkable growth in a short period, with revenue from operations more than doubling from Rs. 25,781.91 lakh to Rs. 64892.12 lakh between FY22 and FY25. Also, till Aug 25, the company reached revenue of 25,039.47 Lakh. As of August 2025, Shreeji Global FMCG Limited has achieved a net profit of ₹9.20 crore within just five months of the current financial year -- a strong testament to its operational efficiency, brand strength, and growing consumer demand across domestic and export markets. At the upper price band of ₹125 per share, the issue is attractively priced, offering investors entry at a lower Price-to-Earnings P/E of 12.89, making it a good valuation opportunity compared to other listed FMCG peers. Market analysts and early investors view Shreeji Global FMCG as a potential future multibagger stock, supported by consistent earnings growth, strategic expansion, and robust fundamentals. The company's strong business model, diversified product portfolio, and scalable infrastructure make it a promising opportunity for both short-term gains and long-term wealth creation.Today, the company exports to more than 25 countries, contributing significantly to its performance bolstered by its state-of-the-art manufacturing facilities that efficiently meet global demand. Its efforts towards consistent product quality were also recognized in March 2025 when the SHETHJI brand received a prestigious industry award. Expansion Plans Backed by IPO Proceeds The upcoming IPO is aimed at raising funds to scale up operations and strengthen infrastructure. Proceeds will be used for: * Acquiring new factory premises for expanded production.* Installing advanced plant and machinery along with modern cold storage.* Setting up a 1000 KWP rooftop solar power system for energy efficiency.* Meeting working capital requirements to support sustained growth.According to the company's spokesperson, "these initiatives will enhance capacity, reduce costs, and increase efficiency, while also expanding its direct-to-consumer (D2C) footprint." Leadership and Vision The driving force behind Shreeji Global FMCG's success is Managing Director Jitendra Tulshidas Kakkad, a founder who has guided the company's strategy since inception with deep industry expertise and sharp business acumen, while Director Vivek Tulshidas Kakkad has been instrumental in strengthening operational infrastructure and shaping a scalable business model. Speaking on the IPO announcement, Managing Director Jitendra Tulshidas Kakkad, said, "This IPO is a landmark event for Shreeji Global FMCG. The capital raised will allow us to accelerate our strategic growth, invest in quality and technology, and expand our market reach. We believe this move will create long-term value for our shareholders while reinforcing our commitment to delivering premium agro-processed products to consumers worldwide." About the Company Headquartered in Rajkot, Gujarat, Shreeji Global FMCG Limited manufactures and markets a wide range of agro-processed products, including spices, seeds, pulses, grains, and flours, under the "SHETHJI" brand. With a strong presence in domestic and international markets, the company has positioned itself as a reliable and fast-growing player in India's FMCG sector. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PNN. ANI will not be responsible in any way for the content of the same.) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

Business News | A New Dawn Of Holistic Wellness At The Ritz-Carlton Spa Singapore: Redefining Luxury With The Future Of Skincare

Singapore, November 6: The Ritz-Carlton, Millenia Singapore is pleased to announce the Southeast Asia debut of innovative, science-driven skincare brand EPICUTIS®, developed by biotech innovator Signum Biosciences. In this exclusive partnership, The Ritz-Carlton Spa Singapore has been designated as the brand's flagship property in the region, where holistic harmony intertwines with the forefront of skincare innovation. Also Read | Karnataka Shocker: Depressed Over Wife's Desertion, Man Dies by Suicide After Killing 5-Year-Old Daughter. * The Ritz-Carlton Spa introduces Southeast Asia's first exclusive partnership with EPICUTIS® , pharmaceutical-grade, science-backed skincare Elevating Luxury Wellness with ScienceThis collaboration is a significant step for The Ritz-Carlton Spa, positioning it as the first luxury spa in Southeast Asia to feature the cutting-edge EPICUTIS® skincare line. As the luxury hospitality sector increasingly embraces integrative health and holistic wellness, The Ritz-Carlton Spa's latest offerings seamlessly blend indulgent spa rituals with advanced molecular science. The exclusive menu of facials and advanced treatments features offerings designed to deliver not only refined comfort but also clinically-proven therapeutic efficacy to support a balanced and refined lifestyle, rooted in holistic well-being. This move underscores the hotel's position as a forerunner in luxury hospitality, reflecting a keen understanding of evolving consumer preferences, where wellness, backed by performance and science, is increasingly embraced as an essential part of modern luxury living. Also Read | India vs Australia Live Score Updates of 4th T20I 2025: Get Toss Winner Result, Live Commentary and Full Scorecard Online of IND vs AUS Cricket Match. Peter Mainguy, General Manager of The Ritz-Carlton, Millenia Singapore commented: "At The Ritz-Carlton, we are committed to continuously innovating in anticipation of our guests' evolving and often unspoken needs. Our exclusive partnership with EPICUTIS® marks a new chapter in luxury wellness for Southeast Asia - one where cutting-edge skincare science meets holistic well-being. Together, we are redefining the standards of efficacy and experience, offering our guests visible, lasting results that embody both inner balance and outer radiance." Maxwell Stock, Founder & CEO of EPICUTIS® shared: "Singapore is a hub of innovation, culture, and luxury, making it the perfect gateway for EPICUTIS® into Southeast Asia. Partnering with The Ritz-Carlton, Millenia Singapore allows us to share our science-first philosophy with discerning travelers and locals who value both results and refinement." The EPICUTIS® Science-first PhilosophyAdopting a science-first philosophy, EPICUTIS® redefines clean beauty standards. Developed in one of the world's most advanced scientific laboratories by renowned Princeton biophysicist Dr. Jeffry Stock, EPICUTIS® is the first professional skincare line to apply pharmaceutical research technologies to topical formulations. In collaboration with master formulator Masanori Tamura, EPICUTIS® delivers clean, clinically proven, performance-driven formulations featuring proprietary patented active ingredients -- including TSC, Hyvia®, and DSD* -- designed to support skin health on a cellular level. Every EPICUTIS® product is EWG Verified and made with 100% non-toxic ingredients are sourced and processed to meet medical-grade purity standards. Embracing a "less-is-more" approach, EPICUTIS® is committed to full transparency. Each formula is crafted with minimal, clearly disclosed ingredients, free from unnecessary additives for maximum results. This ensures biocompatibility, safety, and efficacy, while significantly reducing the risk of adverse reaction -- an approach that resonates with today's wellness-focused traveler who prioritises skin longevity and holistic well-being. Elevated Signature Spa Treatments by EPICUTIS® include: Bespoke Facial: A fully customised facial tailored to individual skin's unique needs with advanced pharmaceutical-grade EPICUTIS® formulations to deliver targeted results, promoting optimal skin health and balance. Signature Facial: An efficacious yet luxurious treatment designed to visibly brighten the complexion while strengthening the skin barrier. Powered by EPICUTIS® patented ingredients, ABSO and Hyvia®, this facial delivers long-lasting hydration, resilience and radiance. Brightening Facial: A next-generation facial infused with antioxidant-rich actives to restore luminosity from within. This revitalising treatment helps even skin tone, boost clarity, and revive a dull complexion with scientifically proven EPICUTIS® ingredients. Mom-to-Be Ritual: A nurturing, pregnancy-safe treatment that calms inflammation, nourishes dry areas, promotes skin elasticity, and replenishes moisture for radiant, healthy skin, with the EPICUTIS® Lipid Body Treatment. Lipid Full Body Treatment: A full-body experience blending lymphatic drainage, exfoliation, and deep nourishment to restore and rejuvenate the skin, featuring the barrier-strengthening EPICUTIS® Lipid Body Treatment. The Spa Journey of RejuvenationNestled amidst lush greenery and featuring an outdoor swimming pool, The Ritz-Carlton Spa Singapore offers a tranquil retreat in the heart of Marina Bay, where guests experience lasting wellness in a sanctuary of timeless elegance. Located across from the hotel's state-of-the-art gym on Level One, the spa offers signature experiences designed to harmonise relaxation, wellness and indulgent pampering. Discover an extensive selection of massages, bespoke body therapies, and our signature Half-Day Luxury Spa Experience, a transformative experience crafted to renew both body and spirit. For guests seeking a romantic escape, our elegant Ritz-Carlton Spa Suite, provides a private haven within one of 10 serene treatment rooms, serving as the perfect setting to create unforgettable moments with your loved one. Both his and her locker rooms offer whirlpools, steam rooms, saunas, shower facilities, and relaxation rooms with Zero Gravity recliners. The Ritz-Carlton Spa Singapore is open daily, from 9 a.m. to 9 p.m. For enquiries and reservations, please contact (65) 6434-5203 or email rc.sinrz.spa@ritzcarlton.com. Visit us at www.ritzcarlton.com/en/hotels/singapore/spa. *Scientific TerminologyTSC (tetramethylhexadecenyl succinoyl cysteine) is a novel molecule that acts as a super-lipid, dramatically improving skin's natural barrier function while helping to shield it from a variety of environmental aggressors --including UV rays and pollution. Hyvia® a novel moisturizing agent derived from organic non-GMO chia seed oil, delivers stable potent omega-3 and omega-6 fatty acids--working at the cellular level to help boost hydration, calm inflammation and fight fine lines, wrinkles and other visible signs of skin aging. DSD (disodium S-phytyl diglycoloylcysteine) is a powerful, proprietary antioxidant that protects against environmental stressors by blocking UV and pollution induced skin damage. Press kit images are available for download here. About The Ritz-Carlton, Millenia SingaporeCentrally located along Singapore's Marina Bay, this 608-room luxury hotel continues to be distinguished by unparalleled hospitality synonymous with The Ritz-Carlton brand. Exciting local attractions such as Gardens by the Bay, the Art Science Museum, the Integrated Resorts and the Singapore Flyer are only minutes away, while over 2,000 shopping and dining options are accessible via a covered sky bridge. Renowned for iconic views from its spacious guest rooms and suites, the hotel features an exclusive Club Lounge on Level 32. World-class dining options include Colony which showcases a true taste of Singapore, the one Michelin star Summer Pavilion, or the 1960s inspired Republic, which is ranked No.57 of Asia's 50 Best Bars extended list 2024. Exclusive EPICUTIS® facials and ESPA body treatments can be enjoyed at the award-winning Ritz-Carlton Spa. About EPICUTIS®EPICUTIS® is a science-based, luxury professional skincare line that treats skin health and not age. Honouring a commitment to clean beauty and minimal ingredients, offers science-based skincare using patented active ingredients in small-batch formulations created by expert formulator Masanori Tamura. EPICUTIS®' novel ingredients are developed in-house by a team of scientists at Signum Biosciences utilizing technology discovered by Dr. Jeffry Stock at Princeton University. Signum Biosciences is a biopharmaceutical company focused on the discovery and development of innovative products to address major consumer and medical needs, and the development of compounds and botanical extracts that are mimetic of natural lipid ligands crucial to cellular regulation and signaling. To learn more about EPICUTIS®, visit www.epicutis.com. To learn more about Signum Biosciences, visit www.signumbiosciences.com. About The Ritz-Carlton Hotel Company, LLC Delivering the Gold Standard in service in coveted destinations around the world, The Ritz-Carlton Hotel Company, LLC currently operates more than 120 hotels in over 35 countries and territories. From iconic urban destinations to stretches of paradise in untouched corners of the earth, The Ritz-Carlton offers the opportunity for true discovery and transformative escapes that stay with guests long after they depart. Committed to thoughtful innovation, The Ritz-Carlton encompasses two groundbreaking brand extensions, Ritz-Carlton Reserve and The Ritz-Carlton Yacht Collection. Ritz-Carlton Reserve is a collection of rare estates set apart from the world, where personalized care and cultural immersion are paramount. The Ritz-Carlton Yacht Collection translates the brand's legendary service and hospitality for sea, reimagining the ultra-luxury cruising category. For more information or reservations, visit the company website at www.ritzcarlton.com, for the latest company updates, visit news.marriott.com and to join the live conversation, use #RCMemories and follow along on Facebook, X, and Instagram. The Ritz-Carlton Hotel Company, L.L.C. is a wholly-owned subsidiary of Marriott International, Inc. (NASDAQ:MAR). The Ritz-Carlton is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including complimentary nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com. The Ritz-Carlton is committed to supporting the destinations where it operates through Community Footprints, the company's social and environmental responsibility program. (ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same.) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

Business News | VIRGIO Marks Two Years with Unprecedented Eco-nic Fair - 25: The Zero Margin, Zero Mark-up 'Anti-Sale'

BusinessWire India Bengaluru (Karnataka) [India], November 6: VIRGIO, the sustainable fashion-tech brand, today announces its second anniversary, choosing to mark the milestone not with a traditional discount but with an audacious act of transparency: the 'Eco-nic Fair '25' Anti-Sale. Also Read | India vs Australia Live Score Updates of 4th T20I 2025: Get Toss Winner Result, Live Commentary and Full Scorecard Online of IND vs AUS Cricket Match. From November 7th to November 9th, VIRGIO will eliminate all mark-ups and margins, selling every garment at its exact cost to make, with prices reflecting savings of up to 70% off across all categories. This three-day event is positioned as a direct "thank you" to its community for supporting its mission, demonstrating an unparalleled commitment to fair pricing and conscious commerce. In a quiet rebellion against fast fashion's culture of loud, misleading markdowns, VIRGIO is making honesty the new temptation. Building on its existing commitment to show a cost breakdown for every product, the Eco-nic Fair '25 initiative will have the brand shoulder the cost of commerce, allowing customers to pay only the manufacturing price. As Amar Nagaram, Co-Founder of VIRGIO, states, "We began with ambition and experimentation; today, we lead with conviction and care. As we enter Year Three, our goal is to deepen impact in sustainability, in inclusivity, and in the lives we touch. The industry calls it a sale when they drop prices. We call it a thank you when we drop our margin. This is not just growth; it is purpose scaling." Also Read | Automatic Toll Collection System: NHAI to Roll Out Automatic Tolling With High Speed Cameras on Chennai-Bengaluru National Highway and GST Roads. Over the past two years, VIRGIO has proven that sustainable fashion can be both scalable and trend-forward. This growth has been marked by key initiatives: the successful debut of the curvy sub-brand called Beyond the Curve (BTC), co-created with actor Anjali Anand; significant expansion into the global markets alongside new physical stores across 5 cities in India. Expanding beyond fashion, VIRGIO also launched Amodira, a distinct fragrance line inspired by India's rich culture and Indian royalty. Most notably, VIRGIO served as the Sustainable Fashion Partner for IIFA 2025, where it centered the IIFA Green Carpet event on eco-friendly craftsmanship and elevated the conversation that glamour and environmental responsibility can go hand in hand. The anniversary is a reaffirmation of the brand's commitment to a future where style and substance walk hand in hand. As it steps into its third year, VIRGIO remains grounded in the principles that define it: fashion with integrity, inclusivity by design, and transparency at every step. The anniversary is not just a celebration of what has been, but a reaffirmation of what comes next, a future where style and substance walk hand in hand. Event Details The Eco-nic Fair '25 will run for three days:Dates: November 7th - November 9thWhere: VIRGIO physical stores and online at virgio.com and marketplaces such as Myntra, Nykaa Fashion, Ajio For More Information: Virgio Website: https://www.virgio.com Beyond The Curve Website: https://www.virgio.com/beyond-the-curve Amodira Website: https://www.virgio.com/amodira-amd Instagram: https://www.instagram.com/virgio_in/ LinkedIn: https://www.linkedin.com/company/virgio/ (ADVERTORIAL DISCLAIMER: The above press release has been provided by BusinessWire India. ANI will not be responsible in any way for the content of the same) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

India News | 16 Delegates from 7 Countries Witness Polling Arrangement by ECI in Bihar

Patna (Bihar) [India], November 6 (ANI): As the polling for the first phase of the Bihar election is underway, 16 delegates of seven countries are witnessing the preparation arrangements made by the Election Commission of India for the smooth conduct of the election. The visit of these delegations from Indonesia, Colombia, the Philippines, France, Belgium, South Africa and Thailand is facilitated under the International Electors Visitor Program of ECI Also Read | Automatic Toll Collection System: NHAI to Roll Out Automatic Tolling With High Speed Cameras on Chennai-Bengaluru National Highway and GST Roads. Under the programme, a delegation from Thailand visited a polling booth in Patna. Meanwhile, Bihar recorded a voter turnout of 27.65 per cent in the first four hours of the first phase of the assembly elections, according to data from the Election Commission of India. Also Read | Medical Negligence in Kerala: Man Dies of 'Delay' in Angioplasty at Thiruvananthapuram Medical College. The Begusarai district recorded the highest turnout of 30.37 per cent, while Patna, the capital of the state, recorded a slow turnout of 23.71 per cent till 11 am. Lakhisarai, which earlier recorded a sluggish turnout at 9 am, has now recorded a turnout of 30.32 per cent till 11 am. Gopalganj district has recorded a voter turnout of 30.04 per cent, followed by 28.02 per cent in Buxar, 26.76 per cent in Bhojpur, 26.07 per cent in Darbhanga, 28.96 per cent in Khagaria, 28.46 per cent in Madhepura, 26.68 per cent in Munger, 29.66 per cent in Muzaffarpur, 26.86 per cent in Nalanda, 29.68 per cent in Saharsa, 27.92 per cent in Samastipur, 28.52 per cent in Saran, 26.04 per cent in Sheikhpura, 27.09 per cent in Siwan and 28.67 per cent in Vaishali - all as of 11 am. In the Munger district, voting is taking place for the first time after 20 years in the Naxal-affected area of Bhimband. Locals expressed their joy after getting a chance to vote after 20 years. A local villager said, "We are feeling very good. I am very happy that all of you came here... I am feeling very good (to have voted here for the first time in 20 years)... Earlier, the situation was not favourable since 2005... Now, there is no fear. We have been living peacefully ever since the camp (security forces) was set up here. The government facilities are very good here. We have also been given free rations for a few years now, and we are grateful for that. We have no problems anymore. We are living peacefully in the jungle. We are happy that a polling booth has been set up here. Young and old, everyone is able to cast their vote." Another local villager, Neelam Kumari, said, "I am feeling very good. Earlier, we had to cross the entire jungle and reach Gaay Ghat. Now it is nearby; it is convenient. The arrangements are good. We used to have difficulty reaching there... The situation has improved a lot. I want to thank the Election Commission..." Voting for the first phase of the 2025 assembly elections in Bihar began today at 7.00 am across 121 constituencies in 18 districts of the state's 243 seats, with approximately 3.75 crore electors casting their ballot. Polling will conclude at 6 pm, and due to security considerations, polling time has been curtailed to 5 pm in some constituencies. In the 2020 Bihar Assembly elections, polling took place in three phases. The National Democratic Alliance (NDA) secured 125 seats, while the opposition won 110. Among the major parties, the Janata Dal (United) bagged 43 seats and the Congress 19. The JD(U) had contested 115 constituencies and the BJP 110, whereas the RJD contested 144 seats and the Congress 70. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

Sports News | People's ArmWrestling Federation of India Announces Hosting of 2026 World Championships

Mumbai (Maharashtra) [India], November 6 (ANI): In what is a landmark development for the sport of armwrestling, the People's ArmWrestling Federation of India (PAFI) has announced that India will host the upcoming World ArmWrestling Championships next year in October. The championship is expected to feature approximately 1,500-2,000 athletes from 75 countries, competing across multiple categories, PAFI said in a statement. This announcement also marks another major opportunity for India to establish itself as a powerhouse in armwrestling, following the successful Asian ArmWrestling Cup in Mumbai in October 2024 and the Asian ArmWrestling Championship 2025 in New Delhi. Also Read | India vs Australia Live Score Updates of 4th T20I 2025: Get Toss Winner Result, Live Commentary and Full Scorecard Online of IND vs AUS Cricket Match. Hosting such a prestigious tournament not only underlines the ever-increasing popularity of armwrestling in the country but also showcases India as a global hub for the sport at the highest level. Alongside international tournaments, India is also home to the world's biggest professional arm-wrestling competition, the Pro Panja League. The league is recognized as the premier platform for the sport, offering the highest level of competition and world class production standards, while consistently setting new benchmarks in audience engagement and viewership across the sport. Also Read | FC Utrecht vs FC Porto UEFA Europa League 2025-26 Live Streaming Online & Match Time in India: How To Watch UEL Match Live Telecast on TV & Football Score Updates in IST?. Bringing the World ArmWrestling Championships to India is a moment of immense pride for PAFI and for the nation. The federation looks forward to working closely with government authorities and stakeholders to ensure the tournament's resounding success. Assen Hadjitodorov, President, World Armwrestling Federation stated, "India's rise in the global armwrestling community over the past five years has been nothing short of remarkable. Under the visionary leadership of Ms. Preeti Jhangiani, the People's Armwrestling Federation of India (PAFI) has transformed the sport into a cultural and competitive force. Their commitment to excellence, authenticity, and athlete welfare was on full display during the Asian Armwrestling Championship, which left a lasting impression on all of us. It is with great pride and confidence that I announce India as the host of the 2026 World Armwrestling Championship. The World will witness not only elite competition, but also the spirit and hospitality that make India a true powerhouse in our sport," as quoted from a release by PAFI. Speaking on the occasion, Preeti Jhangiani, President of PAFI and Vice President of Asian ArmWrestling Federation (AAF) shared, "To have the honour of being the host for the World ArmWrestling Championship is a matter of great pride, not only for our federation but also our country. This is the moment for India to shine in the armwrestling world and another chance to showcase itself as an emerging sporting nation. We look forward to this huge opportunity, and I am sure we will rise together to face any challenges that come our way." Parvinn Dabass, Co-Founder of Pro Panja League said, "We have been growing from strength to strength every year and we have seen a huge explosion of armwrestling events in India, which is reflected in the upward trend of participation numbers as well. We're delighted with how the Pro Panja League has played it's part in promoting the league in every corner of the country, and the rights of the World ArmWrestling Championship is going to further fuel the rise of the sport. This is also a huge opportunity for our athletes to gain international exposure on the world stage, while rubbing shoulders with the best athletes in the world." (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

Business News | India-New Zealand Partnership Gains Momentum as Piyush Goyal Leads Trade Delegation

New Delhi [India], November 6 (ANI): India and New Zealand are taking decisive steps toward strengthening economic cooperation, with Union Commerce and Industry Minister Piyush Goyal leading a high-level business delegation to New Zealand. The visit coincides with the fourth round of India-New Zealand Free Trade Agreement (FTA) negotiations, being held in Auckland from November 3 to 7, 2025. Goyal said on social media "X" that it was a pleasure to address the India-New Zealand CEOs Roundtable alongside his counterpart, Todd McClay, in Rotorua. "I spoke about India's rapidly evolving economic landscape and highlighted how greater collaboration in technology, agriculture, education, clean energy and sustainability can unlock new avenues of growth," he noted, urging New Zealand businesses to engage more deeply with India. Also Read | Automatic Toll Collection System: NHAI to Roll Out Automatic Tolling With High Speed Cameras on Chennai-Bengaluru National Highway and GST Roads. During his visit, Goyal met New Zealand Prime Minister Christopher Luxon, reaffirming India's commitment to expanding trade, investment and innovation linkages. Luxon described India as "a country of huge importance to New Zealand's prosperity, security and society," expressing optimism about the progress toward a free trade agreement. Goyal was also welcomed with a traditional Maori ceremony in Te Puia following his meeting with Rotorua Mayor Tania Tapsell, which he described as "a gesture of peace, harmony and mutual growth." He presented an idol of Kamdhenu, the sacred cow, as a symbol of prosperity and friendship. Also Read | FC Utrecht vs FC Porto UEFA Europa League 2025-26 Live Streaming Online & Match Time in India: How To Watch UEL Match Live Telecast on TV & Football Score Updates in IST?. Earlier, at the India-New Zealand Business Forum in Auckland, organised by the Auckland Business Chamber, Goyal joined Trade Minister McClay for a fireside chat moderated by CEO Simon Bridges. Goyal referred to the recent meeting between Prime Minister Narendra Modi and Luxon as "a catalyst for renewed bilateral cooperation," and emphasized expanding partnerships in maritime, forestry, sports, education, technology, and tourism. Underscoring India's growing confidence on the global stage, Goyal said this visit represents the largest-ever Indian business delegation to New Zealand, reflecting the vision of Viksit Bharat. He highlighted that the FTA talks are moving forward with "mutual respect and a shared commitment to balanced outcomes," noting that New Zealand could gain from India's vast market while India could benefit from New Zealand's technological strengths. At a community event in Auckland, Goyal thanked Luxon for joining the celebration of India-New Zealand ties. Addressing the Indian diaspora, he said their Janmabhumi connects them to their roots while their Karambhumi gives them the opportunity to contribute. He added that both countries are creating more "Successful Kiwi-Bharat Stories," rooted in shared values and aspirations. Prime Minister Luxon acknowledged the vital role of the Indian community, calling them "bridges" that connect the two nations. Goyal also participated in 'Tea with Indian Business Delegation', where discussions centred on enhancing cooperation in agriculture, forestry, technology, and innovation. Commending Indian entrepreneurs for their resilience and creativity, Goyal said their spirit would continue to strengthen ties between the two economies. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

India News | Kerala SIR Exercise: Booth Level Officer Suffers Injuries After Kottayam Local Sets Dog on Her

Kottayam (Kerala) [India], November 6 (ANI): A Booth Level Officer (BLO) suffered neck and face injuries in Kerala's Kottayam area on Thursday after a local man allegedly released his dog on her while she was carrying out the enumeration for the Special Intensive Revision (SIR) in the State. Currently, a nationwide SIR is being carried out in 12 states and union territories, with the final elector's list to be published on February 7, 2026. Also Read | Automatic Toll Collection System: NHAI to Roll Out Automatic Tolling With High Speed Cameras on Chennai-Bengaluru National Highway and GST Roads. "I was on SIR duty in Kottayam, Pakkil and while on duty I faced dog bites several times. The injuries are making it hard to do the survey," the booth-level officer told ANI. The officer is among the 171 BLOs assigned in the Kottayam assembly constituency. She had been assigned to Booth number 123, located in the CMS L P School, Pakkil. She claimed that she suffered the dog bites while distributing enumeration forms among the electors. Also Read | Medical Negligence in Kerala: Man Dies of 'Delay' in Angioplasty at Thiruvananthapuram Medical College. According to Kerala's Election Commission, there are more than 1,500 BLOs appointed for the Kottayam district. The distribution of enumeration forms marks the beginning of the SIR exercise covering the Andaman and Nicobar Islands, Chhattisgarh, Goa, Gujarat, Kerala, Lakshadweep, Madhya Pradesh, Puducherry, Rajasthan, Tamil Nadu, Uttar Pradesh, and West Bengal. Election Commission of India (ECI) had announced the second phase of the SIR exercise on October 27, with the final voter list to be published on February 7, 2026. According to the Election Commission, printing and training took place from October 28 to November 3, followed by an Enumeration Phase from November 4 to December 4. The Draft Electoral Rolls will be published on December 9, followed by a claims and objection period from December 9 to January 8, 2026. The Notice Phase (for hearing and verification) will take place between December 9 and January 31, 2026, with publication of Final Electoral Rolls on February 7, 2026. Drawing on experience from the first phase of SIR in Bihar, the ECI has also decided that the Booth Level Officers (BLOs) will visit households up to three times for the matching and linking of forms. "If the elector is not available or there is a delay in matching and linking, the BLOs will visit the houses a total of three times. Electors can also fill out the forms online. If their names, or their father's or mother's names, were not available on the 2003 list, the ERO will determine eligibility based on the indicative documents," Chief Election Commissioner Gyanesh Kumar said in the press conference on October 27. Meanwhile, Kerala government is set to join the Tamil Nadu government in petitioning the Supreme Court against the second phase of the SIR, while the BJP and the Election Commission has said that such an exercise is necessary to "purify" the electoral list. The last nationwide SIR was conducted in 2002. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

Technology

India News | Finance Minister Nirmala Sitharaman to Visit Assam from November 7 to 8, Defence Minister Rajnath Singh to Visit on November 9: CM Sarma

Guwahati (Assam) [India], November 6 (ANI): Assam Chief Minister Himanta Biswa Sarma announced on Thursday that Union Finance Minister Nirmala Sitharaman and Union Defence Minister Rajnath Singh will travel to Assam on November 7-8 and 9, respectively. He confirmed that the Union Finance Minister will arrive in Guwahati on November 7 and inspect the new semiconductor projects in Jagiroad. Also Read | Medical Negligence in Kerala: Man Dies of 'Delay' in Angioplasty at Thiruvananthapuram Medical College. During her 2-day visit, the Union Finance Minister will inaugurate and lay the foundation stone of several projects. "Union Finance Minister Nirmala Sitharaman will come tomorrow (November 7); she will inspect the new semiconductor plant at Jagiroad. She will inaugurate a new land water terminal which has been constructed to world standard. She will also inaugurate a riverfront garden in Guwahati. On November 8, she will lay the foundation stone of a greenfield university - Kanaklata Barua State University," the Assam Chief Minister said. Also Read | Krishnagiri: Tata Electronics Woman Employee and Boyfriend Arrested for Installing Hidden Camera in Women's Hostel Bathroom in Tamil Nadu. He further said that Defence Minister Rajnath Singh will visit Guwahati on November 9 and will participate in the aero show at Lachit Ghat in Guwahati, conducted by the Indian Air Force. "Defence Minister Rajnath Singh will come on November 9, and he will witness the aero show which will be conducted by the Indian Air Force," Chief Minister Sarma told reporters. The Chief Minister added that Prime Minister Narendra Modi and Union Home Minister Amit Shah are poised to visit the state in the upcoming months and inaugurate and lay the foundation stone of various projects. "In the next 1-2 months Prime Minister Narendra Modi, Union Home Minister Amit Shah will come to Assam. In next 45 days, Assam will see the visit of a galaxy of national leaders. Prime Minister Narendra Modi will come to Guwahati and Dibrugarh. In Guwahati he will inaugurate the new terminal of Guwahati airport building. In Dibrugarh, he will lay the foundation stone of a new fertiliser complex which will be built by the Assam government and Union government jointly. After that he will again come to Guwahati to inaugurate the Guwahati and North Guwahati connecting bridge over the river Brahmaputra," the Chief Minister stated. Speaking on the visit of Home Minister Amit Shah, he said, "The Union Home Minister will come, and he will address a party meeting as well as inaugurate two ambitious projects completed by the Assam government, namely a 5000-capacity auditorium constructed in the memory of Jyoti Prasad Agarwala and Bishnu Prasad Rabha. He will also inaugurate a new project in the birthplace of Mahapurush Srimanta Sankardeva. He will also address a party meeting," the Assam Chief Minister said. "So we will witness a lot of visits in December and January which will usher in a new era of development for the state of Assam," CM Sarma added. (ANI) (This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)

Nov 6, 2025

World

Subscribe for updates

Swedish producer DJ Seinfeld – fresh off the back of collaborating with Australian electropop duo Confidence Man – will bring his global sound to the 2026 edition of Sidebyside at Tulya Wardli/Helen Mayo Park on January 31. He’ll be joined by UK-based Harrison BDP, Sam Alfred, Voightmann, Netherlands-based Suze Ijó and Berlin-based producer and DJ Alex Kassian. Australian talent is equally celebrated on the lineup spanning a variety of electronic sub-genres, including disco, house, breaks, garage and more. Producer DJ Rona – a Keytetye woman from the Northern Territory – will make her Sidebyside debut and Melbourne-based Roza Terenzi will bring her femme-forward genre-blending dance music to the park lands. Also from Melbourne, Animalia label head DJ Kia joins the lineup, as will dance artist and producer Pretty Girl, playing a live set. As for local DJs, Elise Craig, Tory Kennedy, Musch and Wallace & Malone will play, with the latter two acts featuring some of the team behind the festival, Company Works. Co-directors Oscar Harding and Henry Jarman tell CityMag programming Sidebyside is “a balancing act” and they prioritise an equal gender split alongside local, national and international talent. They aim to create an even playing field for artists and for punters to see something new, saying each performer excites them for different reasons. “That’s why we also bill it from A to Z. I don’t think there should be a particular headliner; they all should be put in the same limelight,” Oscar says. The team say while punters might have their favourite DJ on the lineup, Sidebyside is a great opportunity to discover someone new. To encourage festival-goers to see as many of the performers as possible, Sidebyside has changed its ticketing structure this year based on arrival times. There will be an anytime entry ticket for flexibility, and an early entry ticket (before 3 pm) that’s closer to the pre-sale price and about $50 cheaper. “We believe in showing up early to support all the artists, especially those playing an early set and giving people an opportunity to explore the festival during the day, rather than just in the evening,” Henry says. “The time-based ticket really just allows us to have a ticket that’s on sale, that’s more affordable all the way up ‘til show day. “Rather than the ticket getting progressively more expensive, there’s always something available for every budget.” The independently owned and operated festival debuted in January 2019 and in 2026 will fill a gap in Adelaide’s festival calendar after the Adelaide leg of Wildlands was cancelled. Meanwhile, there is still no news from Listen In, the Adelaide counterpart of Listen Out, which cancelled its 2025 festival. “We’re not seeing many offerings like the style of Sidebyside in South Australia and it’s filling a gap for people who want to come to a day of dedicated dance music,” Henry says. “I think Sidebyside for us really represents a shared experience that is for everyone, where for that day there’s no artist or no individual, no dancer, that’s more important than the other, and that for us is what makes the festival really special.” The full lineup: Alex Kassian (DE) DJ Seinfeld (SE) Harrison BDP (UK) Pretty Girl (Live) (AU) Roza Terenzi (AU/DE) Sam Alfred (UK) Suze Ijó (NL) Voigtmann (DE/UK) + Elsie Craig, Tory Kennedy, Musch, Wallace & Malone. Sidebyside will be at Tulya Wardli/Helen Mayo Park on January 31.

Nov 6, 2025

Technology

Dessini sajikan resipi kejayaan serantau

SEBAGAI salah satu jenama perkakas rumah dan dapur yang semakin dikenali di Malaysia, Dessini pantas muncul sebagai salah satu jenama perkakas rumah dan dapur yang paling dikenali di Malaysia. Jenama ini didorong oleh matlamat jelas iaitu untuk mendekatkan kualiti kepada semua dengan menawarkan produk yang setanding prestasi dan kebolehpercayaan jenama global, tetapi dengan harga mampu dimiliki rakyat Malaysia. Pada tahun 2025, jenama itu mencatatkan prestasi terbaiknya setakat ini, dengan menjual 1.9 juta unit merentasi 2,030 varian produk, satu pencapaian memecah rekod yang mengukuhkan kedudukannya dalam pasaran tempatan. Syarikat induknya, Chiwawa Asia, ialah platform e-dagang sehenti terkemuka di Malaysia serta hab dagangan dan pengedaran dalam talian yang penting. Ia melayani ekosistem yang luas, merangkumi pengguna akhir, perusahaan swasta, kilang, hinggalah kepada agensi kerajaan. Baru-baru ini, Chiwawa dan Dessini menerima pengiktirafan ke senarai Asean Records 2025 atas prestasi cemerlang mereka. Tahniah atas pencapaian Asean Records bagi jumlah unit perkakas memasak tertinggi yang dijual dalam setahun. Apakah strategi utama yang menyumbang kepada pencapaian luar biasa ini? Pencapaian ini hasil usaha berpasukan dan kepercayaan pengguna yang teguh. Berpandukan pendekatan mengutamakan pelanggan, kami sentiasa mengkaji tabiat pengguna untuk membangunkan perkakas memasak berkualiti tinggi dan berpatutan yang disesuaikan dengan gaya hidup rakyat Malaysia. Kejayaan kami diperkukuh oleh kehadiran saluran menyeluruh yang mantap, daripada jualan dalam kedai hinggalah ke platform dalam talian seperti Shopee dan TikTok Shop. Ia memastikan akses mudah untuk semua pelanggan. Kami juga mengamalkan strategi pemasaran kolaboratif, bekerjasama dengan pencipta kandungan tempatan dan mengambil bahagian dalam kempen dalam pasaran maya untuk mencapai audiens yang lebih luas. Kami sentiasa komited kepada janji kami iaitu memberikan nilai tanpa menjejaskan kualiti atau kemampuan. Jualan melebihi 1.9 juta unit, termasuk 327,000 set merentasi 2,030 varian, adalah satu pencapaian sangat besar. Bagaimanakah Dessini mengekalkan kualiti supaya kekal konsisten? Menguruskan portfolio yang pelbagai memerlukan sistem pengurusan kualiti sangat berstruktur. Pasukan kami yang terdiri daripada lebih 30 pembangun produk dan pakar jaminan kualiti untuk memastikan setiap produk menjalani ujian dan pemeriksaan yang rapi sebelum dikeluarkan. Kami juga menyeragamkan pengeluaran merentasi kilang rakan kongsi dan hanya bekerjasama dengan pembekal yang disahkan dan sudah lama bekerjasama. Setiap produk yang menggunakan nama Dessini mesti memenuhi piawaian yang sama iaitu tahan lama, selamat dan bergaya. Apakah yang mendorong populariti Dessini di Malaysia, dan bagaimanakah tingkah laku pengguna tempatan membentuk strategi produk dan pemasaran anda? Kejayaan kami terletak pada pemahaman, pengguna Malaysia menghargai praktikaliti, ketahanan dan kemampuan harga. Tradisi masakan tempatan, daripada memasak rendang, menggoreng kilas, hingga mengukus, menuntut perkakas memasak yang berprestasi merentasi pelbagai gaya masakan. Oleh itu, reka bentuk kami memberi keutamaan kepada salutan antilekat (non-stick) termaju, pemegang ergonomik, dan estetik kontemporari yang sesuai untuk dapur moden Malaysia. Dari segi pemasaran, kami menekankan pembabitan tulen melalui penstriman secara langsung, kolaborasi dengan pencipta kandungan dan acara komuniti yang mendekatkan jenama kepada pengguna. Produk manakah yang paling popular atau inovatif? Produk kami yang terlaris adalah Set Memasak Premium Antilekat Saiz 12 Dessini. Ia menggabungkan kualiti, kepraktisan dan kemampuan harga dengan tiga ciri yang amat dihargai isi rumah Malaysia. Set ini menampilkan salutan antilekat yang tahan lama, pengagihan haba yang sekata, dan pelbagai saiz kuali untuk masakan harian. Pelanggan mengatakan, set ini mudah dibersihkan, tahan lama dan memberikan prestasi perkakas memasak premium pada harga yang berpatutan. Bagaimanakah Dessini membuat keputusan mengenai produk baharu untuk diperkenalkan? Setiap produk bermula dengan maklum balas daripada pengguna. Kami memantau data jualan, maklum balas dan trend masakan untuk mengenal pasti keperluan sebenar. Pasukan penyelidikan dan pembangunan kami kemudiannya membangunkan prototaip yang mengimbangi prestasi, reka bentuk dan kemampuan harga. Sebelum pengeluaran secara besar-besaran, kami merintis produk baharu di kedai terpilih dan platform dalam talian untuk memastikan ia memberikan nilai sebenar kepada pengguna. Apakah peranan yang telah dimainkan oleh platform e-dagang dan kerjasama peruncitan dalam kejayaan anda? E-dagang membawa perubahan besar kepada jualan dan populariti jenama kami. Platform seperti Shopee, TikTok Shop, dan Lazada membolehkan kami mencapai jutaan pelanggan secara langsung. Kerjasama ini menyediakan akses kepada data yang berharga, alatan pemasaran, dan peluang dagangan secara langsung, berbeza dengan peruncitan konvensional. Pada masa sama, kami terus mengukuhkan kehadiran luar talian kami melalui kolaborasi dengan pasar raya besar dan jerayawara di seluruh negara, mewujudkan pengalaman dalam talian-ke-luar talian yang lancar untuk pelanggan. Bagaimanakah Dessini menangani kelestarian dalam bahan dan proses pengeluarannya? Kelestarian adalah sebahagian daripada operasi kami. Kami sedang beralih kepada bahan mesra alam dan proses pengeluaran yang cekap tenaga. Semua perkakas memasak kami kini menggunakan salutan anti-lekat bebas PFOA, dan pembungkusan kami sudah beralih daripada plastik kepada kotak kadbod yang boleh dikitar semula. Langkah-langkah ini mencerminkan komitmen kami untuk mengurangkan jejak alam sekitar. Apakah trend baharu yang anda lihat membentuk pertumbuhan Dessini dan Chiwawa dalam beberapa tahun akan datang? Walaupun pasaran seperti China dan Indonesia mempunyai ekosistem e-dagang yang sangat matang, sektor Malaysia mempunyai potensi amat besar dan pesat berkembang. Kami melihat ini sebagai peluang signifikan, dan kami percaya Malaysia akan mengalami lonjakan pertumbuhan yang serupa seperti yang dilihat di negara jiran tidak lama lagi. Sepanjang tiga hingga lima tahun akan datang, landskap e-dagang tempatan akan berkembang dengan pantas, mewujudkan peluang transformatif untuk pemain industri seperti kami. Apakah langkah seterusnya untuk Dessini dan Chiwawa di Malaysia dan rantau ini? Kami mengukuhkan kehadiran domestik kami melalui pengembangan peruncitan luar talian dan kerjasama yang lebih mendalam dengan pencipta kandungan serta ahli gabungan (affiliates). Di peringkat serantau, kami sedang meneroka kolaborasi merentasi pasaran Asean. Pelan hala tuju produk kami melangkaui perkakas memasak untuk merangkumi perkakas rumah kecil, alatan dapur pintar dan peralatan minuman yang premium. Wawasan kami amat jelas, untuk menetapkan Dessini sebagai jenama perkakas dapur paling dipercayai di Malaysia dan peneraju serantau di Asia Tenggara. Kami mahu frasa "Buatan Malaysia" berdiri teguh setanding kualiti yang bertaraf dunia. Dalam memperoleh kepercayaan pengguna, kami mengekalkan piawaian pada tahap yang tinggi, sentiasa berinovatif dan menghasilkan produk yang lebih baik.

Nov 6, 2025

Technology

Pampasan RM3.2j untuk isteri, kehilangan Amri Che Mat sejak 2016 masih misteri

KUALA LUMPUR: Hampir sembilan tahun lalu, Amri Che Mat, seorang aktivis sosial dan kebajikan dilaporkan hilang secara misteri dan insiden di Bukit Chabang, Perlis itu kemudian diklasifikasikan sebagai kes orang hilang kerana polis mendapati tiada bukti kukuh menunjukkan kejadian berkenaan ada kaitan dengan unsur jenayah. Namun isterinya, Noorhayati Mohd Ariffin mendakwa melihat beberapa kenderaan pacuan empat roda mengepung kenderaan jenis Toyota Fortuner dipandu suaminya, namun sehingga kini identiti mereka masih menjadi misteri. Mahu menuntut jawapan yang jelas daripada pihak berkuasa, wanita itu memfailkan saman bagi mendapatkan maklumat mengenai nasib suaminya. Saman berkenaan difailkan selepas Suruhanjaya Hak Asasi Manusia (SUHAKAM) yang menjalankan inkuiri awam bermula Oktober 2017 merumuskan bahawa Cawangan Khas bertanggungjawab terhadap kehilangan 'secara paksa' Amri dan seorang lagi individu, Pastor Raymond Koh. Akhirnya semalam, Mahkamah Tinggi di sini membenarkan saman difailkan Noorhayati dan mengarahkan Polis Diraja Malaysia (PDRM) serta Kerajaan Malaysia membayar ganti rugi berjumlah RM3,264,457.52 berserta kos dan faedah kepada wanita itu, manakala PDRM juga diarah membuka semula siasatan kehilangan Amri dan melaporkan perkembangan kepada Peguam Negara (AGC) setiap dua bulan. Hakim Datuk Su Tiang Joo memutuskan demikian selepas mendapati Noorhayati selaku plaintif berjaya membuktikan kesnya melalui imbangan kebarangkalian dengan pihak berkuasa juga didapati melanggar hak wanita itu untuk hidup seperti yang dilindungi di bawah Perkara 5(1) Perlembagaan Persekutuan apabila gagal menjalankan siasatan sewajarnya terhadap kehilangan Amri. Sehingga kini, Amri masih belum ditemui dan tidak banyak maklumat baharu diketahui mengenai kes terbabit. Berikut kronologi kehilangan Amri yang juga pengasas bersama Persatuan Kebajikan Perlis Hope. 24 November 2016: Amri dilihat oleh anak sulungnya meninggalkan rumah mereka di Kangar pada jam 11.30 malam. Beliau memandu kenderaan Toyota Fortuner hitam. Seorang saksi melihat tiga kenderaan mengepung kenderaan Amri di Jalan Padang Behor, kurang daripada 1 kilometer dari rumahnya. 25 November 2016: Kenderaan Amri ditemui orang awam pada jam 12.30 pagi, ditinggalkan di tapak pembinaan terbengkalai di Bukit Chabang. Tiga cermin kereta telah dipecahkan. 22 Januari 2018: SUHAKAM memulakan inkuiri awam berhubung kehilangan Amri. 21 Mac 2018: Seorang pemilik bengkel memberi keterangan bahawa tiga kenderaan telah diletakkan di seberang jalan dari premisnya selama tiga hari berturut-turut sebelum kehilangan Amri. Salah satunya ialah Toyota Vios berwarna emas, kenderaan yang sama terbabit dalam satu lagi kes penculikan melibatkan Pastor Raymond Koh. 15 November 2018: Siasatan awam SUHAKAM selesai dijalankan. 3 April 2019: SUHAKAM mengeluarkan dapatan siasatan, menyimpulkan bahawa Amri adalah mangsa 'kehilangan paksa' yang melibatkan agensi kerajaan. Pesuruhjaya SUHAKAM, Mah Weng Kwai menjelaskan, berdasarkan perbincangan panjang mengenai kes, panel mendapati bahawa individu atau kumpulan yang beroperasi dengan sokongan ejen kerajaan terbabit dalam penculikan itu. 26 Jun 2019: Kerajaan menubuhkan pasukan petugas khas bagi mengkaji semula kes-kes 'kehilangan paksa' yang didakwa. 9 Mei 2023: Mahkamah Tinggi Kuala Lumpur memerintahkan kerajaan mendedahkan secara terhad Laporan Pasukan Petugas Khas berhubung kehilangan Amri. 5 November 2025: Mahkamah Tinggi Kuala Lumpur memerintahkan Kerajaan Malaysia dan PDRM membayar ganti rugi melebihi RM3 juta kepada Noorhayati atas kehilangan suaminya sembilan tahun lalu. Perintah itu meliputi ganti rugi am dan teruk sebanyak RM2 juta, ganti rugi teladan RM1 juta serta ganti rugi khas RM14,457.52, selain kos RM250,000. Hakim Datuk Su Tiang Joo memutuskan demikian selepas mendapati kerajaan dan pihak polis bertanggungjawab terhadap kehilangan Amri.

Nov 6, 2025

Technology

House Freedom Caucus Chief Weighs Support for Longer-Term Continuing Resolution

House Freedom Caucus Chairman Rep. Andy Harris, R-Md., elaborated on the group’s support for a longer-term continuing resolution in an interview this week with The Daily Signal. The group had released a statement on Monday supporting the passage of a continuing resolution to fund the government “as far into 2026 as possible (ideally, past the November 2026 election and with necessary defense stop-start anomalies).” The statement went on to note that such a CR would “effectively keep federal discretionary spending flat at the same levels since 2023,” and “block any further effort by Democrats and the Swamp to advance a budget-busting, pork-filled, lobbyist-handout omnibus in November or December.” The Daily Signal also received a statement from Rep. Paul Gosar, R-Ariz., who concurred. “Congress must act responsibly and pass a long-term continuing resolution to fund the federal government—not another short-term patch that merely delays the inevitable. These constant, stopgap extensions have become a political crutch, allowing Congress to lurch from one manufactured crisis to the next instead of governing with fiscal sanity and discipline.” The Daily Signal asked Harris whether a CR funding the government beyond the November 2026 midterms had any precedent. “Well, no, I think most of the yearlong, continuing resolutions are adopted later in the year. But again, we’re in unprecedented territory, where we have now the longest shutdown in history, and in an attempt not to allow the circumstances to repeat themselves, it would make sense that we would consider a continuing resolution until after the elections,” Harris said. The Maryland lawmaker explained that the continuing resolution would keep funding level, noting that “the Democrats, and to some extent even the Senate Appropriations Committee, is increasing spending level funding.” The House Freedom Caucus’ proposed longer-term CR “would at least be a first step toward dealing with our excessive federal deficit,” Harris added. The deficit was in the news of late as the accumulated national debt reached $38 trillion. Harris explained that Democrats have already shown a willingness to shut down the government. He cited concerns about escalating side effects if the government is shut down again. “Next time would be a little different, because all the reserve funds, of course, are expended. So, for instance, if we passed a continuing resolution the early part of next year, and they decided to close down the government, well, there are no reserve funds left in SNAP,” the Maryland congressman said, referring to the federal Supplemental Nutrition Assistance Program, informally known as food stamps. His remarks came after the Trump administration said it would use emergency funds to cover about half of SNAP costs this month as the government shutdown drags on. Pushing the issue of government funding past the 2026 midterms would likely lower the issue in the eyes of voters. The Daily Signal asked Harris whether he thought the current government shutdown had aided Democrats as a talking point in the Nov. 4 election. “You know, it might have helped them in Virginia, where, of course, you have a high concentration of federal employees. But I don’t, I don’t think overall, it made that much difference,” Harris said, adding, “The outcome in New York was pretty clear for several weeks, even before the shutdown. And New Jersey, of course, is a perennially blue state, so that, of course, sent no message whatsoever.” In the past, the House Freedom Caucus has opposed continuing resolutions. Harris was asked why the caucus was in favor of a continuing resolution now. He emphasized that a continuing resolution could be the most fiscally conservative point of view if the rest of the environment is calling for more government spending and the CR holds spending at the current level. “[A]lthough we don’t like continuing resolutions, because we think the Congress should do its job and pass individual appropriations bills, obviously, the Congress is not going to do that in the near future, and then again, a continuing resolution, which does not increase spending, holds spending level, would appear to be one of the most fiscally responsible ways to proceed,” Harris said. He also reiterated that he was supportive of two-year budget cycles, except for the Department of Defense.

Nov 6, 2025

Technology

Get BusinessDaily Updates Alerts

Mudenda warns MPs on govt looting Published: 06 November 2025 Speaker of the National Assembly, Jacob Mudenda, has called on parliamentarians to maintain a "vigilant oversight" role in monitoring government expenditure, warning that well-connected individuals and entities-some with links to Zanu PF-are engaging in the theft of taxpayers' money, often through inflated tenders and corrupt procurement practices.Mudenda's remarks come in the wake of multiple audit reports exposing systemic corruption and inefficiency within government ministries, departments, and agencies (MDAs), which have been found to misappropriate public funds through inflated contracts and procurement schemes.Speaking at the pre-budget seminar in Bulawayo, Mudenda reminded lawmakers that Parliament's duties go beyond simply approving the Finance and Appropriation Bills. He stressed that Parliament's role also includes preventing the pillaging of State coffers and ensuring that taxpayer funds are used effectively and for the benefit of the public."It is not just about approving budgets. It also demands vigilant monitoring of budget implementation, including resource disbursements and procurement processes, as well as the outcomes and outputs of public expenditure, which should be anchored on the value-for-money principle," Mudenda said.He further pointed to Section 315 of the Constitution, which mandates that procurement procedures must be "fair, justifiable, transparent, and rigorously cost-effective" in order to safeguard public resources from wasteful spending and malfeasance. Mudenda also referenced Section 45 of the Public Finance Management Act, which enforces these principles to prevent fraud and corruption in public expenditure.Despite numerous recommendations by the Auditor-General, which have exposed how taxpayers' money is being stolen, particularly in state-run enterprises, many of these suggestions have gone unheeded, leaving many of these enterprises on the brink of collapse. Mudenda urged lawmakers to take a stand against this, noting that continuing to approve budgetary allocations for MDAs that disregard Auditor-General reports is a "betrayal of fiduciary duty.""Approving budgetary allocations for MDAs, which flagrantly disregard the Auditor-General's recommendations, constitutes serious corporate imprudence," Mudenda said. "The Public Accounts Committee has a singular and weighty responsibility in this oversight framework, wielding constitutional authority that must be exercised with unwavering diligence and moral integrity."Mudenda emphasized that the Public Accounts Committee must ensure that the Auditor-General's reports receive prompt and thorough responses from accounting officers, with clear deadlines for remedial action. He also called for the expeditious tabling of Treasury minutes by the Ministry of Finance to ensure that the Public Accounts Committee's recommendations are acted upon without delay.In his address, Finance Minister Mthuli Ncube also acknowledged that the government was financially constrained and struggling to meet obligations, including unpaid debts to contractors, some of whom are owed millions of dollars. However, Mudenda linked the government's financial struggles to poor revenue collection and taxation systems, pointing out that a staggering 85.7% of Zimbabwe's 3.4 million Micro, Small, and Medium Enterprises (MSMEs) are not taxed.Mudenda highlighted the need for a more aggressive approach to formalising these small businesses, citing the 2026 Budget Strategy Paper's commitment to registering 5,000 MSMEs by 2026. However, he pointed out that this figure was far too low compared to the country's actual number of small-scale entrepreneurs."That figure is gapingly paltry compared to the 3.4 million small-scale entrepreneurs," Mudenda said, adding that digital technology could play a significant role in upscaling this effort. "By using digital technology, that 5,000 figure can be phenomenally upscaled to increase revenue inflows as part of compelling domestic resource mobilisation."Mudenda called on the Zimbabwe Revenue Authority (ZIMRA) to accelerate efforts to incorporate artificial intelligence (AI) into tax administration. By leveraging predictive analytics, blockchain technology, and automated compliance monitoring, AI could significantly improve efficiency, promote voluntary compliance, and boost revenue collection across all sectors of the economy, including the informal sector."What are we waiting for?" Mudenda asked. "Through AI, we can enhance administrative efficiency and encourage voluntary compliance across all sectors, thereby enhancing revenue streams."In addition to traditional tax revenue, Mudenda also emphasized the need to explore alternative financing mechanisms for infrastructure development. He called for sustainable funding models that would augment government resources, ensuring long-term development and avoiding dependence on conventional tax inflows.Mudenda's remarks come against the backdrop of previous reports by anti-corruption watchdogs that have exposed massive tax revenue leakages and financial outflows, costing the government billions of dollars in lost revenue. With growing concerns over corruption, inefficiency, and financial mismanagement, Mudenda's call for stricter oversight and a more effective tax system could signal a significant shift in how the government approaches fiscal discipline in the years ahead. - NewsDay Tags: Mudenda, You might also want to read this Mudenda shuts door on Bulawayo radio station Mudenda blames opposition for sanctions Mudenda blasts Zanu-PF MPs Mudenda keeps MDC legislators guessing Create export friendly policies: Mudenda Mudenda retains Speaker of Parliament post Politburo agreed to retain Mudenda as the Speaker MDC Alliance failed to bring amendments to electoral law Zimbabwe ready for polls, says Mudenda 'New law to drive mergers, takeovers

Nov 6, 2025

Business

Get BusinessDaily Updates Alerts

Chiwenga orders end to raw lithium exports Published: 06 November 2025 Vice President Dr Constantino Chiwenga has issued a firm directive to Zimbabwe's lithium mining industry, ordering all companies to cease the export of raw ore and spodumene by January 2026 and to immediately establish value-addition and beneficiation facilities.Dr Chiwenga made the announcement on Wednesday during a tour of Kamativi Mining Company as part of his ongoing familiarisation visits to economic projects across Matabeleland North.While commending the revival of formerly defunct mines such as Kamativi, the Vice President stressed that the next phase of national economic transformation would focus on local processing and manufacturing to ensure Zimbabwe captures more value from its vast mineral wealth."Cabinet has already indicated that we now want further beneficiation for the economy," said Dr Chiwenga. "We can no longer keep on doing the extraction and shipping and giving other people the resources. As we have said, by January, we expect all companies that are now in lithium to stop exporting raw materials and start producing tangible products."He said Zimbabwe's vision was to become a key industrial player within the Southern African region and the African Continental Free Trade Area (AfCFTA), noting that beneficiation would boost employment, stimulate technology transfer, and enhance national revenues."If we are going to make an electric vehicle, so be it. If we are going to make cell phones, so be it. Let us do something that is an end product. The precious mineral that we are taking must be processed to bring something that can proudly carry the label ‘Made in Zimbabwe,'" he declared.The Vice President said the Government's focus on industrialisation and self-sufficiency was part of building a sustainable economic legacy."We have got generations that will follow us, and those generations must see that we built our country," he said.Chiwenga also expressed optimism over the progress made in the mining sector, praising the resurgence of Kamativi — once a collapsed tin mine — which has been reborn as a key lithium producer under new investment."I am excited about what has taken place since 1910. The Government has done tremendously, bringing life back to the mines," he said.The January deadline effectively sets a new benchmark for the sector, pushing lithium miners to invest in domestic value chains — from battery-grade production to potential manufacturing of electric vehicle components — marking what officials describe as a new chapter in Zimbabwe's industrial development. - The Chronicle Tags: Chiwenga, You might also want to read this Chiwenga to represent Mnangagwa at G20 Summit Chiwenga unhappy with Bhulaayo Kraal Project Chiwenga not Zanu-PF's chosen one Chiwenga is not anointed successor Chiwenga condemns Tanzania's post-election violence Vicious crackdown on Chiwenga backers Chiwenga rides hostilities in Mutare Chiwenga urges Zanu-PF to uphold liberation ideals Chiwenga rallies for unity, integrity at Zanu-PF Conference Unpacking Mnangagwa's legal coup against Chiwenga

Nov 6, 2025

World

Get BusinessDaily Updates Alerts

Zimbabwe moves to liberalise gold ownership Published: 06 November 2025 Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has endorsed a proposal to liberalise gold ownership for Zimbabwean citizens, describing it as a logical and necessary step in aligning the nation's monetary framework with international best practices.Speaking at the 2026 Pre-Budget Seminar in Bulawayo, Prof Ncube responded positively to calls from Zanu-PF spokesperson Cde Christopher Mutsvangwa, who had urged the Government to adopt a gold ownership model similar to those in India and China, where citizens are free to buy and hold gold as a store of value.Prof Ncube said the move made economic sense, noting that gold serves as a hard currency asset equivalent to the United States dollar, which is already in widespread use within Zimbabwe."Frankly, once you allow citizens to hold U.S. dollars, gold is a U.S.D. asset. It's a hard asset. So whether it's U.S. dollars or gold, it's either here or there. You might as well allow it," said Prof Ncube.The Minister argued that allowing citizens to own gold would help retain value within the country, unlike the circulation of foreign currencies controlled externally."At least if the gold is ours, the U.S.D. is controlled elsewhere. So we have to do that," he explained.However, Prof Ncube emphasised that the liberalisation process must be accompanied by strong regulatory and monitoring frameworks to ensure transparency and prevent abuse."Before we liberalise that ownership, we have to build some rules around it," he said. "Regarding, for instance, the lowest unit of measurement — is it a coin, is it a gold bar? There are certain rules that we need to put in place, in a way that India has done so far."He revealed that the Government plans to develop a fully digitalised tracking system to monitor gold ownership, allowing authorities to maintain a clear record of all holders and the value of their holdings."We must have a digital system that can track all certificates so that at any point in time, we know who holds what and what it is worth," he said.Reaffirming his full support for the initiative, Prof Ncube declared:"I fully endorse that proposal. We need to move with speed."If implemented, the gold liberalisation policy would mark a significant shift in Zimbabwe's financial landscape — enabling citizens to legally accumulate and trade gold as a personal asset while supporting the country's efforts to stabilise value, deepen financial inclusion, and strengthen domestic reserves. - The Herald Tags: Gold, You might also want to read this Gold price set to top US$4 000 by 2026 Gold producer retrenches 150 workers in Zimbabwe Gold prices fall most since 2013 Zimbabwe gold loans-to-deposit ratio rises Zimbabwe's mining sector sees gold surge Gold shatters $4,000 milestone Zimbabwe gold deliveries surge 37% 85% of small-scale gold miners not registered Illegal gold mining halted in Bulawayo's affluent suburbs Zimbabwe gold prices move to 118.26 per gram

Nov 6, 2025

Politics

Get BusinessDaily Updates Alerts

IMF says Zimbabwe highly dollarised Published: 06 November 2025 The International Monetary Fund (IMF) says Zimbabwe's economy remains highly dollarised, with any de-dollarisation policies needing gradual implementation while the Confederation of Zimbabwe Industries has called for further disinflation strategies into 2026 to correct pricing and manage stubbornly high inflation.Zimbabwe is pushing for an end to the use of US Dollars across the economy by 2030, coinciding with a possible two year extension of President Emmerson Mnangagwa's rule originally scheduled to end in 2028. Mnangagwa's party, Zanu PF party has resolved to extend the Zimbabwean leader's tenure and to end dollarisation by 2030.However, the IMF has said in an interview that "Zimbabwe remains highly dollarized" with any confidence in a local currency needing to "be built through credible fiscal and monetary policies, a strengthened FX market, and the absence of quasi-fiscal operations such as providing subsidies or financing government programs" outside of the budget framework.The Zimbabwe Gold (ZiG) local currency Zimbabwe says is backed by foreign currency reserves is largely shunned by locals for transactions. The IMF said Zimbabwe has to ringfence any de-dollarisation efforts by a stable policy environment that will accrue confidence for the local unit of exchange."Confidence in macro-economic policy and the currency is reinforced by a predictable, rules-based policy environment and progress on economic governance. Advancing these reforms-alongside clear, consistent economic policy implementation-would help anchor expectations and bolster confidence," the IMF's chief of mission to Zimbabwe, Wojciech Stanislaw Maliszewski, said by email.The Confederation of Zimbabwe Industries (CZI) has called for further disinflation strategies over the next few months. It argued that inflation should be lowered further."An inflation rate of 30% is still too high, calling for more disinflation strategies into 2026. The policy target is to have an annual ZiG inflation of 30% by December 2025," said Cornelius Dube, chief economist for the CZI.According to the IMF, the Reserve Bank of Zimbabwe (RBZ) has been tightening its policy stance since September last year after halting monetary financing. This had helped to lower inflation from elevated highs while also easing exchange-rate pressures."The gap between official and parallel market rates narrowed, and ZiG inflation declined by mid-2025, though the economy remains highly dollarized," said Maliszewski.For the month of October, Zimbabwe's inflation in ZiG local currency dropped to 32.7% after shedding 50 percentage points from a rate of 82.7% in the month of September 2025. on the other hand, the USD month-on-month inflation for October 2025 increased to 0.3% from a rate of 0% in the month of September 2025.11.4The CZI has explained that this means that prices in USD terms remained stable as the observed increase is minimal.However, CZI believes that "when the de-dollarisation programme gets rolled out, the inflation differential between ZiG and USD will matter in the decision of which currency to use" in transactions."USD price stability would make the USD attractive as both a transaction and savings currency. ZiG stability has to be sustainable for a very long time before it can also be considered a close substitute to the USD," said Dube.This comes as Zimbabwe's USD year-on-year inflation has continued on a declining trend which started in July 2025.In October 2025, Zimbabwe's USD inflation declined to 13% from the 13.4% registered in the month of September. However, a 13% USD inflation is still very high, as it means that savings in USD lost about 13% purchasing power between October 2024 and October 2025, said the CZI."With the USD being the main savings currency, it is critical for its inflation to remain very low if savings are to be protected." - IOL Tags: IMF, You might also want to read this IMF says Zimbabwe's 2025 rebound stronger than expected IMF commends Zimbabwe for ending money printing IMF lauds Zimbabwe's economic progress Zimbabwe delegation in US for IMF, World Bank meetings IMF's Bangladesh economists must stay out of Zimbabwe 'Zimbabwe does not need IMF' IMF 'exposes' Zimbabwe debt under reporting IMF seeks clarity on Zimbabwe's plan to ditch US dollar IMF says Zimbabwe economy to grow at 6% Zimbabwe races to implement IMF-backed reforms

Nov 6, 2025

World

Get BusinessDaily Updates Alerts

Rautenbach's govt backed to grab Springs farm resisted Published: 06 November 2025 War veterans farming at Springs Farm have fiercely opposed government attempts to hand over their land to businessman Billy Rautenbach, accusing the government of attempting to bypass court rulings and undermine the integrity of Zimbabwe's land reform programme.The conflict arises over a March 2025 offer letter from Local Government Minister Daniel Garwe, which allocates 671 hectares of Springs Farm and 412 hectares at Stuhm to Rautenbach's company, Marimba Residential Properties (Pvt) Ltd. The offer is part of a compensation package for land the company claims to have lost in Aspindale Park, Lochinvar, and Salisbury Park. However, the war veterans, organised under the Springs Farmers Association, argue that the matter has already been settled in the courts, where it was ruled that the land belonged to the state.In 2019, the High Court ruled that Rautenbach and his companies had no valid title to the Aspindale property, confirming that the land had been lawfully acquired by the state and allocated to housing cooperatives under the National Housing Delivery Programme. The court's ruling was described as "final and definitive," meaning that it was legally binding and could not be re-opened or overturned without substantial grounds.Despite this ruling, the Ministry of Local Government is now seeking to revisit the case, with the new offer letter for Springs Farm land raising concerns among the war veterans and local stakeholders. According to their opposition documents, the government's action is an attempt to "relitigate" a matter that was settled by the courts, with the farmers warning that any further interference would damage Zimbabwe's land-reform credibility both domestically and internationally.The compensation offer, which assigns Marimba Residential Properties more than 1,100 hectares of productive farmland, is far larger than the 180 hectares Rautenbach claims to have lost in Aspindale. The farmers argue that this compensation is disproportionate, particularly given that the land in question is prime farmland, with a higher market value and agricultural potential than the original property.The farmers also raised serious questions about the legitimacy of Marimba Residential Properties. In 2018, the Registrar of Companies confirmed that neither "Marimba Residential Properties" nor "Marimba Industrial Properties" were registered in their database. Furthermore, the Registrar of Deeds acknowledged that the title deed linking Marimba to the Aspindale property was "missing from the record." These discrepancies have raised suspicions about the company's claims and its ability to lay legitimate ownership to the land it seeks compensation for.In their filed opposition, the war veterans argue that the government's attempt to reopen the case is legally flawed and goes against the principles of the judicial system. The farmers' lawyers described the government's application as "procedurally and substantively defective," pointing out that it combines three distinct legal processes - review, rescission, and interdict - into one motion. They argue that this approach is "jurisprudentially untenable," meaning it lacks legal validity and could set a dangerous precedent if allowed to stand.The dispute is particularly sensitive given the broader context of Zimbabwe's land reform programme, which has been a highly contentious issue since its inception. The country's land reform programme, which redistributed land from large commercial farms to local black farmers and war veterans, has been both praised for addressing historical inequalities and criticised for its impact on agricultural production and investment.The involvement of high-profile businessmen like Rautenbach in land disputes has raised further questions about the role of political connections in the allocation of land and the extent to which the land reform programme is being undermined by powerful private interests.As tensions mount over the issue, the farmers are determined to protect their land and livelihoods, warning that the government's actions could have far-reaching consequences for Zimbabwe's land reform and agricultural sectors.The case is now expected to be closely watched as it unfolds, with the war veterans and their supporters remaining steadfast in their opposition to the government's attempt to rescind the court's original decision. The outcome of the case could set a significant precedent for land disputes in Zimbabwe, particularly with regard to the credibility of the land reform process and the rights of farmers who have fought to reclaim land from the former colonial settler community. - NewZimbabwe Tags: Farm, You might also want to read this Irrigation schemes remain severely underutilised Private sector to help in Zim farm surveys to speed title deeds Fresh land invasions rock Zvimba farm Storm brews over 1 000ha Mashonaland farm 19 arrested over Chinhoyi farm invasion Fresh wave of farm invasions in Matabeleland 15 000ha farmland for war vets Farm workers get $5 salary increment Zimbabwe government to downsize farm sizes Farm workers in jeopardy

Nov 6, 2025