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Pitru Paksha

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Prayers for Departed Souls

Pitru Paksha is a 16-day Hindu ritual to pay homage to souls who have departed for their heavenly abode. This year, the ritual started on September 21 and ended on October 6. It is believed paying......

Gold demand at pre-Covid level in Q2

The demand for gold has bounced back sharply in India from the lows seen in 2020 because of the outbreak of the Covid-19 pandemic, and has even beaten the pre-pandemic level. In the September......

Airfares halve as demand slows during shradh fortnight

Demand for consumer goods usually drops in the pitru paksha (shradh) fortnight when Hindus remember their dead ancestors. This year, even airlines are facing sluggish demand and fares on busy metro......

Gold demand to remain muted for a fortnight

On Saturday, gold and silver opened below their close on Friday, owing to weak demand resulting from Pitru Paksha, as well as the import duty clarification announced by the finance ministry last......

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