Budget raised custom duties on wooden furniture, tableware etc. Ikea imports about 75% of its products.

Imported furniture items account for only 15-20% of all furniture that are being sold online in India at present, according to industry estimates. The majority, including bigticket wooden items such as beds and sofas are being manufactured within the country.

Pepperfry may see another up to $40 million capital infusion over the next few months, said a senior executive at the online furniture retailer, without disclosing its valuations following the latest fundraising.

"I think we could broaden the product range a bit in our lower price range," Abrahamsson Ring said, adding that new materials, production techniques and distribution methods would help make IKEA "even more affordable".

The Ikea compliance team last week visited Vadodara-based Shaily Engineering, the company that had supplied the mugs, as part of the investigation, a source said. Ikea was prompted to recall the mugs after tests found excessive level of dibutyl phthalate (DBP), a substance that is used as plasticisers.

Most of the layoffs are at its Boston headquarters and its European office in Berlin. The company has about 17,000 employees worldwide.

From the production of raw materials and products through to customers' use and disposal, emissions shrank 4.3% in the fiscal year to the end of August 2019 to 24.9 million tonnes CO2 equivalents, it said.

In the Union Budget 2020 announced on February 1, Finance Minister Nirmala Sitharaman announced to increase customs duty on imported furniture from the present 20 per cent to 25 per cent. The move was aimed to protect the interest of the MSME segment. Ikea opened its first store in the country in Hyderabad in August 2018.

With already three stores in Bengaluru and one in Chennai, the company now plans to open two new stores in Hyderabad with an investment of Rs 5 crore, it said. In the next 12 to 18 months, WoodenStreet further plans to open 4 additional stores in South India, along with a third store in Hyderabad.

The Mumbai-based startup is currently in talks with local furniture players in the country. It is looking to add 8-10 new partners every month and take the count to a total of 150-180 suppliers by the end of 2020.

"We see this as a good opportunity to become accessible for many more in China, especially in light of what the Chinese digital environment looks like," Tolga Oncu, head of retail at Ingka, which owns most IKEA stores worldwide, told Reuters.

Johan Andersson, the store's logistics boss whose team found them, had just read that hospitals were suffering from a shortage of masks amid the coronavirus outbreak so he rang up Sahlgrenska University Hospital - Sweden's biggest - in Gothenburg and asked if they were interested.

According to the company, the online presence will further strengthen the brand’s reach by covering 2,000+ pin codes. Basis the demand and sales, Godrej Interio also plans to introduce selected online-only models to cater to a larger section of customers who love purchasing online.

A majority of IKEA stores are or have been temporarily closed in recent months. A few stores in Germany and Israel, as well as the one in Wuhan, the city in China where the coronavirus was first discovered, reopened this week.

Two counties in Eastern North Carolina are reporting COVID-19 related deaths. Craven County Health officials say an individual who tested positive for coronavirus a week ago died at CarolinaEast Medical Center on Thursday. Another person in Carteret County died from complications associated with COVID-19 today. The individual was in their late 60’s and had several underlying health conditions. There are 22 confirmed cases of coronavirus in Carteret County and 32 positive cases in Craven County.

North Carolina Gov. Roy Cooper responded to President Donald Trump’s plan to reopen the economy by stressing that the state needs the federal government’s help supplying medical professionals to ramp up COVID-19 testing. The state government also said Friday that it was tripling the staff handling unemployment claims as the state faces a crush of hundreds of thousands requests. Trump told governors Thursday that restrictions could be eased to allow businesses to reopen in the coming weeks in areas that have extensive testing and a decline in cases. Hours later, Cooper, a Democrat, said states need more supplies from the federal government to expand testing enough to reopen their economies.

A COVID-19 outbreak at a North Carolina state prison has spread to approximately 150 inmates. The Wayne County Health Department said in a news release Friday that 149 inmates had tested positive for the virus at the state's Neuse Correctional Institution in Goldsboro. State prison officials had announced about 80 of the cases the previous night. The county health officials said that the number of positive results was expected to rise as the prison completes testing on all of its 700 inmates. Newly positive inmates are being put into isolation, and the state is sending additional medical and security staff to the facility.

Authorities in North Carolina are reporting 350 new coronavirus cases in the past 24 hours, pushing the total number of cases to 6,500. Numbers released Sunday by the state health department show laboratory-confirmed cases increased from 6,140 cases to 6,493. The death toll increased from 164 to 172. Modeling released Friday by the University of Washington suggests that North Carolina may have reached its peak in coronavirus cases in the last few days, and that social distancing could be relaxed as soon as May 11 if sufficient testing is conducted, large gatherings are limited and other provisions remain in effect. Other models are less optimistic.

A coastal town in North Carolina is lifting restrictions it imposed on visitors because of the coronavirus outbreak. WITN-TV reports the town of Beaufort in Carteret County has ended its police checkpoint near U.S. Highway 70. Mayor Rett Newton says the move is the first step toward taking the waterfront town back to normal. The town declared a state of emergency on March 17 because of the threat posed by the coronavirus and enacted restrictions that were to remain in effect through April 29. On April 9, the city established checkpoints that limited access to full-time county residents, people sheltering in place and essential workers.

A large COVID-19 outbreak at an eastern North Carolina prison has led officials to shutter a nearby facility so its correctional officers can help relieve staff there. The Division of Prisons said Monday that more than 330 of the 700 offenders at Neuse Correctional Institution in Goldsboro and a dozen of its employees have now tested positive. Nearly all of them are asymptomatic. Officers from the Johnston Correctional Institution should start working at the Neuse prison in a few days now that the Johnston prisoners have been moved elsewhere. There are now 6,750 positive COVID-19 cases statewide and about 180 deaths.

Three Eastern North Carolina counties are reporting COVID-19 related deaths today. Health officials in Lenoir County say an individual over the age of 65 with underlying medical conditions died. It is the first fatality in Lenoir County due to coronavirus. The Craven County Health Department announced another person died from COVID-19 complications. Craven County now has a total of four coronavirus deaths. The Jones County Health Department said in a news release that their second coronavirus death is an individual in their 90's with underlying medical conditions.

Hundreds of people angry and frustrated with North Carolina Gov. Roy Cooper’s stay-at-home order marched around his home while demanding that he cancel it to help restore the state's economy. The crowd gathered on Tuesday before being escorted by Raleigh police motorcycles to walk through downtown Raleigh streets, including those surrounding the Executive Mansion. Cooper’s current order expires April 29, but the governor has said goals still must be met to ease movement and commerce restrictions. He says he'll release more specifics this week about quantifying those goals. Governors of some surrounding states already have announced plans to reopen some businesses.

The state says an inmate at a medium security prison in Burgaw died Tuesday from complications due to COVID-19. The inmate, which was housed at Pender Correctional Institution, was in their 50s and had underlying health conditions. “This is a sad day as all human life is precious," said Todd Ishee, Commissioner of Prisons with the N.C. Department of Public Safety. "The health and safety of our staff and the men and women in our custody is of the utmost importance to us.” According to the N.C. Department of Health and Human Service's website, there are outbreaks at five correctional institutions in North Carolina– the largest of which is at Neuse Correctional Institution in Wayne County where more than 450 inmates and staff have tested positive for COVID-19.

North Carolina Gov. Roy Cooper says the state's stay-at-home order from COVID-19 will remain in place for at least another two weeks because current data doesn't support loosening restrictions that began in mid-March. The Democratic governor said this and other prohibitions on dine-in restaurant services and mass assemblies has now been extended until May 8. The stay-at-home order was supposed to expired next week. Cooper also unveiled a three-phase plan for reopening based on expanded tracing and testing and declining case growth. Republican governors in Tennesse, South Carolina and Georgia this week announced they would ease restrictions so that some nonessential businesses could open.

K-12 schools in North Carolina will remain closed due to the coronavirus pandemic. Gov. Roy Cooper announced Friday that remote learning will continue for the remainder of the year. "Classrooms might be closed, but the learning is not over," said Cooper. "We don't make this decision lightly, but it's important to protect the health and safety of our students and school staff." Cooper said the reopening of schools will depend on meeting health goals that will be developed. The governor also announced partnerships with AT&T and Duke Energy Foundation that will provide 180 hotspots to help students without home internet access. Cooper released a proposed budget Friday that directs $1.4 billion in federal funds to help with the state’s coronavirus response.

The coronavirus pandemic could delay the removal of a 72-foot long fishing vessel that has been grounded for weeks on a beach on North Carolina’s Outer Banks. The scallop harvesting boat is considered a safety hazard as curious people climb aboard its rusting hull. The Virginian-Pilot reported Saturday that removing the abandoned boat could cost more than $60,000. The boat’s owner is responsible for its removal. But the owner lives in Texas. Stay-at-home orders have limited travel between states. Visitors are also banned from coming to the Outer Banks. The ship ran aground during a storm on March 1 near Oregon Inlet.

Carteret County officials on Monday reopened all county-maintained beach access points, including Salter Path, Radio Island and Harkers Island beach accesses. A news release from the Carteret County Department of Human Services said those who visit the beach should continue to practice social distancing and avoid mass gatherings to reduce the spread of COVID-19.

The Carteret County Board of Commissioners lifted travel restrictions for visitors on Wednesday. An amendment to the county’s state of emergency proclamation also allows the rental of hotel and motel rooms, condominiums, RV campsites, and similar accommodations. According to a news release, the amendment only applies to locations within the unincorporated areas of Carteret County. Officials say residents and visitors should continue to follow the guidance of Governor Cooper’s stay-at-home order, which is in effect through May 8th.

Through a program called “Feed the Soul,” hospital workers across North Carolina are receiving deliveries of nutritious meals as they respond to growing needs to treat COVID-19 patients. The program also supports local restaurants seeing a slowdown in business. The meal deliveries are made possible by contributions made to an emergency response fund created by the North Carolina Healthcare Foundation ( NCHF ), a nonprofit charitable organization. To date, the program has delivered more than 10,000 meals to staff at 13 hospitals in Asheville, Charlotte, Raleigh, Durham and Chapel Hill. The program is now expanding to Greenville and Wilmington in eastern North Carolina. North Carolina has more than 200,000 hospital workers, many of whom are appreciating the delicious and nutritious meals prepared by local restaurants. “While most of us are staying home to eat meals due to social distancing, hospital employees are working around-the-clock to care for growing numbers of coronavirus

North Carolina Gov Roy Cooper has signed legislation pumping $1.6 billion into schools, hospitals, local governments and researchers dealing with the coronavirus pandemic. Cooper signed the two bills during a conference call on Monday. They represent a compromise between measures approved separately in the Senate and House last week, with input from the governor and legislative Democrats seeking items in Cooper's own $1.4 billion request. The $1.6 billion is less than half of North Carolina's share received from the $2 trillion coronavirus relief law that Congress approved last month.

On Tuesday, North Carolina Governor Roy Cooper signed Executive Order No. 138 that implements phase one of easing restrictions. The order takes effect Friday, May 8th at 5pm. The governor said the modification to the statewide stay at home order will allow some businesses to reopen. “Retail stores will now be allowed to increase to 50% capacity as long as they can implement social distancing and frequent cleaning,” said Cooper. “The order allows people to leave home to visit any business that is open and it encourages parks and trails to reopen.” However, businesses like salons, barbers, theaters, gyms, and bars will remain closed for phase one. The governor said church services can resume as long as they are held outdoors and social distancing measures are practiced. “COVID-19 is still a serious threat to our state, and Phase 1 is designed to be a limited easing of restrictions that can boost parts of our economy while keeping important safety rules in place,” said Cooper.

Three counties on North Carolina's tourist-reliant Outer Banks have announced plans to lift coronavirus-related visitor restrictions. Officials in Currituck, Dare and Hyde counties released a joint statement on Wednesday announcing restrictions on entry for visitors will be lifted at noon on Saturday, May 16. According to the statement, reopening to visitors on that date will allow local businesses, attractions, and accommodation providers time to follow the new business operating requirements put in place by Gov. Roy Cooper's executive order. Officials are also reminding potential visitors to observe restrictions such as social distancing because the pandemic is not over.

As Governor Roy Cooper’s order to ease restrictions takes effect later this week, 29 state parks will reopen to the public on Saturday, May 9th. That includes Fort Macon, which is one of the most visited state parks each year. “Our main goal is to give people access to the park without it getting too crowded,” said Katie Hall, the Public Information Officer for the North Carolina Division of Parks and Recreation. Fort Macon State Park closed almost seven weeks ago because of the COVID-19 pandemic. On Saturday, beach areas, trails, and restrooms will reopen to the public. However, the visitors center and the exhibit will remain closed. Hall said park rangers are expecting a record number of visitors this weekend, surpassing park visitation numbers during the Memorial Day, Labor Day, and Independence Day holidays. “We’re not really opening the park for people to hang out. The idea is to get to the park, get some fresh air, get some exercise, run on the beach, whatever you like to do, and

FEMA recently approved disaster assistance funding for public utilities affected by Hurricane Dorian. More than $940,000 will go to Carteret-Craven Electric Cooperative for the replacement of damaged poles and transformers. The City of Kinston will receive more than $143,000 to replace damaged poles and transformers. And Brunswick County will receive nearly $45,000 for wastewater treatment repairs. FEMA has provided more than $16.1 million for Hurricane Dorian-related expenses in North Carolina through the Public Assistance program.

For Andrew Marlin, the genesis of Mandolin Orange’s 3 rd CD “This Side of Jordan” evolved from a near-tragic incident in his own life back in 2011 that occurred around the release of the duo’s 2 nd CD. (AM) “What happened was I was on this dam just down the road from where we live. It’s a popular swimming spot. It was a little early in the morning and I just got a little too close and fell over the dam. Luckily I just broke my pelvis, but it was an eye-opening experience. It could’ve gone so many ways. I think it had a huge impact on this record, opening up my eyes to mortality and how crazy just little instances like that go. I can go one way or the other so fast.” But while Andrew says that accident definitely affected the production of “This Side of Jordan,” the spiritual aspect that runs throughout the disc may have come out anyway, given the style of music that he and partner Emily Frantz partake in. “I grew up in the church. My mom, she always played for the church when I was

INTRO – It’s not quite a comeback for the Cleveland County-based band the Acoustic Syndicate. They hadn’t been in a studio since 2004, they haven’t regularly toured in that time either… but they never quite got all the way out with occasional shows here and there over the last several years. Now they’re back in a big way… new tour, new CD… and again willing to consider the bright lights with the knowledge they can always contentedly return to the farm. George Olsen has this. The roots of the band the Acoustic Syndicate are certainly deep. The three McMurry’s who front the band… two brothers, one cousin… are fifth generation Cleveland Countiers. ”Cleveland County is the home of Earl Scruggs. He actually worked in the same cotton mill as my grandmother. They worked in the same mill when they were children.” Those five generations have farmed the same piece of land since the 1700s. In more modern times immigrant labor came in to help work the farm. “I guess the biggest eye opening

INTRO -- An Asheville Americana trio is starting to get some national attention with airplay of their second CD taking it into the Top 20 of some radio charts. The national attention comes courtesy of some humble origins that embarrassed teenagers across the country can probably identify with. George Olsen has more. Time in the car with parents can sometimes be irritating for the kids, sometimes beneficial, sometimes both. “I grew up listening to my mom singing harmony with Joni Mitchell and Bonnie Raitt and Barbara Streisand full tilt, full volume every time I was in the car for many years. At the time I was “oh, mom, stop.” Eleanor Underhill, one half of the namesakes of the Asheville trio Underhill Rose. It took a while for the Joni Mitchells and Bonnie Raitts to sink in though. Eleanor says there was a lot of Janet Jackson and Paula Abdul in her youthful listening, but it seems the more acoustic oriented choices of her parents won out, as evidenced by Underhill Rose’s new CD

INTRO – The typical view of the path to musical success sends the enterprising young musician into one of our country’s media centers… New York or L.A. For the members of Asheville’s The Broadcast, they’re taking a road less traveled in an effort to establish a musical career. George Olsen spoke with the band’s lead singer Caitlin Krisko and has this. I’ve long jokingly said that I’m still deciding what it is I want to be when I grow up. At 50+, the joke is getting old… as am I, for that matter. Still, there’s some truth behind the joke, which may be why I’ve always had a deep respect for anyone who determines what it is they want to be and pursue it doggedly with no doubt, no regrets. Among those now with my deep respect… Caitlin Krisko and her band mates in the band The Broadcast. “And being in NYC we realized financially speaking we couldn’t afford to do that. We couldn’t afford to pay our rent and be on the road 150 days a year without spraining our back trying to get people to

INTRO – If you like your country or acoustic music slick and highly produced, don’t buy the following CD by Raleigh’s Lynda Dawson and Greenville’s Pattie Hopkins. One guitar, one fiddle, two voices … that’s it … and the CD’s title tells you everything you need to know about the music inside. George Olsen talked with Lynda & Pattie and has this. When I receive music in the mail the first thing I might notice is the CDs title. In the case of Lynda Dawson & Pattie Hopkins CD “Traditional Duets” the first thing that popped into my head was “they certainly didn’t expend a lot of energy naming this disc.” After listening to the disc my review changed to “great music, boring name.” Boring or not, Lynda & Pattie somehow stumbled upon a perfectly descriptive title for their CD that somehow after centuries of traditional music is absolutely unique. (PH) “Traditional Duets was actually a place holder with our graphic design artist and toward the end of the project we fell in love

INTRO – The Triangle’s Red Clay Ramblers have been involved in a number of artistic collaborations … with Academy Award and Pulitzer Prize nominated playwright and actor Sam Shepard for two of his films and one off-Broadway play and with the late Doug Marlette on the musical based on his comic strip Kudzu, amongst others. Another collaboration took the band away from stage and screen into a different realm, and about nine years after its debut the music is now available on CD. George Olsen talked with Bland Simpson of the Red Clay Ramblers and has this. The latest CD from the Triangle’s Red Clay Ramblers “Carolina Jamboree” plays out as somewhat of a “greatest hits” CD … the bulk of the material spans the band’s 40+ career from the early 1970s to present day. And the band has performed the entirety of the “Carolina Jamboree” CD multiple times for multiple audiences. But the likelihood that the crowd was laser-focused on the band is doubtful … given all else that was going on. “And when

In the wake of events that sadden or frighten us, the option is to move forward or fall back. Raleigh’s Jeanne Jolly chose the former. “ I was searching, and I think that, when I went through a tough transition in my life, losing my mom, and came back home to NC to do that and be around her and be with my family and focus on that, I think that was the probably the moment in my life that I decided to do what… do everything I wanted to do musically even if I was afraid of it, and I think writing songs is scary and really vulnerable.” Jeanne has apparently gotten past the fear, now with a third CD release of original material. And moving even further past that fear, the new CD A Place to Run finds her starting a transition away from the country and Americana sounds featured in her first two releases. “ This record really brought out more soul and more grit which I definitely feel is more natural these days rather than … I think a variety is good. I’m not going to be able to help putting

INTRO – A new CD by ENC native Jennifer Licko took a long, circuitous and electronic path toward final production. George Olsen has more. “It was a really nice collaboration of an Irish producer in Minnesota, an English producer in Florida and a Brazilian producer here in Brazil and I think it made for an interesting outcome.” … made even more multi-cultural by the fact the performer is a Swansboro native and East Carolina University graduate performing primarily in Scots Gaelic. Jennifer Licko discussing the virtual miles put in producing her latest CD “Sing.” Jennifer has lived a rather peripatetic life since graduating from ECU in 1998… time in Scotland, time here in eastern North Carolina, time in Brazil, time in Minnesota, time back in Brazil as of this date and time. The production of the new CD “Sing” also has that peripatetic motif. The English producer facetimed into a studio in Brazil to produce her vocal tracks with the Brazilian producer wherupon the Irish producer in

Barely a week before he was taken into CBI custody on charges of defaulting on bank loans to the tune of Rs 3,000 crore, Rotomac chairman Vikram Kothari was among the top 100 key invitees to the mega UP investor summit.

The Kanpur-based group is being probed by the CBI and the ED in connection with the alleged swindling of Rs 3,695 crore of loan funds.

Bank of India, Bank of Baroda, Oriental Bank of Commerce, Allahabad Bank, Union Bank of India, and Bank of Maharashtra have jointly lent close to Rs 4,000 crore to the two Rotomac Group companies.

The court considered the facts and found that he was not entitled for interim bail on the said grounds.

Lamy products will be imported from Germany and will be sold at price-tag starting Rs 900 onwards.

The total outstanding amount, according to the agency, is approximately Rs 3695 crores. The agency had sealed the office and house of Vikram Kothari’s residence, in New Delhi.

The agency filed a chargesheet in the special court Lucknow dealing with Rs 456.63 crore loan of Bank of Baroda as the probe into remaining amount is continuing, officials said, adding that more chargesheets would be filed in the case

It alleged that these assets were the "proceeds of crime" of the illegal act of money laundering.