 It's been a tough year for luxury watches in Asia: Beijing's anti-corruption drive, the slowdown in China, and the Occupy Hong Kong protests all conspired to cool the market. But the president of LVMH's watch division says it's the start of a new era for luxury timepieces. Bloomberg's Angie Lau spoke exclusively to Jean-Claude Biver about the future of luxury watches, and the rising digital challenge.

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One person died and 20 others were rescued after a tourist boat capsized in the Arabian Sea off Calangute beach in North Goa on Wednesday, police said.
The incident occurred around 1.30 pm, they said.
"A 54-year-old man died and 20 others were rescued and taken to a nearby hospital for treatment after the boat they were travelling in capsized," a senior police official said.
Except for two passengers, all others were wearing life jackets, he said.
The passengers included children as young as six year old and women, he said.
Spokesman of Drishti Marine, a government-appointed lifesaving agency, said the boat capsized around  60 metres away from the coastline, resulting in all the passengers falling off into the sea water.
A family comprising 13 members from Khed in Maharashtra were among the passengers on board, he said.  On seeing the boat getting capsized, a personnel of Drishti Marine rushed to aid and called for backup, he said.
"In all, 18 on-duty lifesavers rushed to the ai

Spokesman of Drishti Marine, a government-appointed lifesaving agency, said the boat capsized around 60 metres away from the coastline, resulting in all the passengers falling off into the sea water

Over 58 lakh property cards providing 'Record of Rights' will be issued for owners in over 50,000 villages across 12 states and union territories on Friday at a virtual event which will be addressed by Prime Minister Narendra Modi, officials of Panchayati Raj Ministry said on Wednesday.
At least 13 union ministers will meanwhile address events in different states where the property cards will be distributed, officials said.
SVAMITVA Scheme, which was launched in 2020, aims at providing a "Record of Rights" to every property owner in the Village Abadi area.
Officials from the Panchayati Raj Ministry said the virtual event, which will be addressed by the Prime Minister, property cards will be issued to 58 lakh property owners in approximately 50,000 villages across 10 states - Chhattisgarh, Gujarat, Himachal Pradesh, Madhya Pradesh, Maharashtra, Mizoram, Odisha, Punjab, Rajasthan, Uttar Pradesh and two Union Territories-  Jammu-Kashmir and Ladakh.
Meanwhile, several union ministers w

'Record of Rights' will be issued for owners in over 50,000 villages across 12 states and union territories on Friday at a virtual event which will be addressed by Prime Minister

The steel ministry believes that a higher import duty, if implemented, could mitigate the adverse effects of a rise in cheaper imports of finished steel, particularly from China

The association's president, Atul Ganatra said that around 67 per cent of India's cotton is produced in rain-fed areas

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