
Meet Anil Ambani, Mukesh Ambani ‘bahu', who is as gorgeous as Isha Ambani, Shloka Ambani, Radhika Merchant, quit high-paying job in UK to…, her name is…
Khrisha is the daughter of the late Nikunj Shah, former Chairman and Managing Director of Nikunj Enterprises, and Neelam Shah, a fashion designer. She has two elder siblings, brother Mishal Shah, a businessman, and sister Nriti Shah, a fashion influencer.
In 2022, she tied the knot with Anil Ambani's son Anmol. The two were first introduced by their respective families and they eventually started dating. The couple got engaged in December 2021, which was followed by a star-studded wedding in February 2022.
Khrisha used to work at Accenture UK as a technology consultant, according to her personal website. She used to handle high-scale public service projects, and was earning well at her corporate job. But, she left the job midway to purse her entrepreneurial ambitions. She established her own social network firm called Dysco, with an idea behind 'Creative Collaboration, International Networking, and Community Building.' View this post on Instagram
A post shared by Viral Bhayani (@viralbhayani)
Khrisha is also a social worker as well as a mental health advocate. She launched #LOVEnotfear, a cultural and awareness campaign about mental health issues amid the COVID-19 pandemic. Khrisha's professional pursuits on her personal website reads, 'My current professional interests centre around driving social change by enabling interdisciplinary dialogue and intentional collaborations.'
Khrisha holds a strong educational background. The young entrepreneur studied Social Policy and Development from the London School of Economics and earned a degree in Political Economics from the University of California.
According to a report in DNA, Jai Anmol Ambani and Khrisha Shah reside in Anil Ambani and Tina Ambani's luxurious 17-storey home Abode in Pali Hill, which is worth Rs 500 crore.
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Economic Times
26 minutes ago
- Economic Times
Stick to a curbed diet, RBI: Despite weak demand, why central bank should curb its reflationary zeal a bit
Easy on the regime change There are moments in the lives of central bankers when they cease to exult over unexpectedly low inflation and consider what it is that is causing prices to behave well. The inflation print of 2.14% for June might be one such past the usual explanations of financial market economists on base effects and sequential drops in food prices, a headline inflation print that is a good couple of percentage points below the target of 4% might be telling us something about a sluggishness of demand that no statistical trope can mask. The need to fret becomes compelling when inflation prints are seen in conjunction with other indicators, such as loan demand and piles of surplus cash at banks. Credit growth measured year-on-year for June was a little over 9%, and cash surplus reached a peak of ₹9 tn in early July before RBI started mopping it up. The credit growth rate for the same period in June 2024 was, incidentally, over 19%. What lessons should RBI draw from this? Standard business cycle theory would advise it to fear not. The fall in inflation is likely to be the result of past efforts at monetary tightening that are paying off. It is impossible for central banks to get things exactly right. With his oft-quoted 'Arjuna's eye' on inflation, ex-governor Shaktikanta Das might have overdone monetary compression a tad, resulting in the super-low inflation rates. With inflation seemingly under control, all Sanjay Malhotra needs to do is reverse the process. He seems to have done this in good measure with reductions of half-a-percentage point each in the repo rate and CRR. He might want to do a little more, but the key lesson that business cycle theory offers him is the virtue of patience. Monetary policy works with lags. Malhotra should stop fretting over current growth or demand and wait for his labour to bear fruit - perhaps by the end of the year or a few months later. However, there's a problem if one sees the lack of demand as a long-term structural problem rather than a neat cyclical story. Both consumer demand and private consumption have been flagging, at least since 2017, and the attempt to push them up to levels compatible with a sustained 7%-plus growth rate has been is possible to go further back to search for causes of this structural slowdown, but 2020 - the year of Covid - might be a good place to start. The recovery from the consumption drop was robust, but there seems to have been a sizeable element of pent-up or revenge spending that was bound to peter out. Economists might brandish conflicting data to either question or support the view that the economic recovery was uneven or not, but most consumer-facing companies would attest that the recovery was K-shaped, with a bias against the mass post-2020 geopolitical risks ratcheted up with two wars - Ukraine and West Asia. Automation found an upward inflection point as AI made its arrival as a usable, scalable innovation. A new US president and his protectionist policies brought a real risk of a compression in global trade and a domestic American dislike uncertainty in decision matrices as much as weak demand. If, indeed, the private investment rut has continued in India long after Covid waned, it is difficult to blame Indian companies for being too timid. A farm sector recovery in 2024 promised to even out the K-shape of the post-Covid trajectory, but it was replaced by concerns about the 'hollowing out' of the middle class, with white-collar job losses particularly in IT-related sectors. The fear, stoked by some commentators, is that as AI gathers steam, an entire swathe of mid-tier jobs is at does this mean for RBI? If structural factors are, indeed, the reason for muted credit growth, monetary policy has a somewhat limited role to play. As the current combination of massive excess liquidity and weak credit growth has shown, more accommodation can give the impression of an emerging 'liquidity trap', where interest rates fail to move the needle. This could hurt broader sentiment in the economy if it becomes the dominant economic post-Covid period saw a sharp increase in household debt. From an average of 35% in 2019, it climbed to 42% of GDP at the end of 2024. While this might still be lower than levels in other emerging economies, such a sharp increase has challenges. If monetary policy lowers interest rates, it does bring down EMIs of households. 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The Print
26 minutes ago
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FSSAI shuts down popular Meghalaya bakery for using newspapers to wrap bread, cakes
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The Print
26 minutes ago
- The Print
CM Mann urges Union food minister to release Punjab's share of Rs 9,000 crore under RDF, market fees
Mann raised the issue of non-allowance of RDF since Kharif Marketing Season (KMS) 2021-22 and insufficient allowance of market fees since Rabi Marketing Season (RMS) 2022-23. During a meeting at Joshi's residence here, the chief minister also requested for quick movement of rice grains from the state to enable space for the current season. New Delhi, Jul 16 (PTI) Punjab Chief Minister Bhagwant Mann on Wednesday sought the intervention of Union Food Minister Pralhad Joshi for the release of state's pending share of over Rs 9,000 crore related to the Rural Development Fund (RDF) and market fees. He emphasized that the purpose of RDF is to promote agriculture and rural infrastructure, including the development of rural roads, marketing infrastructure, storage facilities in mandis, and automation and mechanization of mandis. The chief minister said that despite amending the Punjab Rural Development Act, 1987, in accordance with the Department of Food & Public Distribution guidelines, the Punjab's share in RDF has not been released since KMS 2021-22. Mann stated that Rs 7,737.27 crore under RDF and Rs 1,836.62 crore under market fees are yet to be released by the Centre, a Punjab government's statement said. The chief minister noted that this non-reimbursement has severely impacted the development and maintenance of rural infrastructure and the rural economy in the state. He also highlighted the persistent shortage of covered storage space in the state over the past two years. During KMS 2023-24, he said that the shortage of space led to the extension of the delivery period for milled rice up to September 30, 2024. Mann said that this caused concern among millers during the last Kharif season, making them initially reluctant to lift and store paddy, adding that the issue was later resolved with the cooperation of central government. The chief minister said that for KMS 2024-25, out of 117 lakh metric tonnes (LMT) of rice to be delivered to the Food Corporation of India (FCI), only around 107 LMT had been delivered by June 30, 2025. Mann said that only 80 LMT of rice has been moved out of the state in the last 12 months. He further said that although FCI had planned to move 14 LMT in June 2025, only 8.5 LMT was actually lifted. The chief minister stressed the need for the movement of at least 15 LMT of rice in July 2025 to complete milling by July 31. He said that delays may trigger unrest among millers and hinder paddy procurement for KMS 2025-26, . To optimize storage, he urged the Union minister to adopt a proactive approach to identifying, approving, and hiring covered godown. Mann said that a strategy of converting covered godowns of wheat to rice needs to be implemented. This strategy could free up 7 LMT of capacity for rice storage in KMS 2025-26, he said, adding that this model be adopted nationwide to mitigate space shortages. Raising the issue of 'arthia' (agent) commission, the chief minister said that the Union government had de-linked the commission from MSP in Kharif season 2020-21. PTI SKC KVK KVK This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.