The second day of pre-Diwali Dhanteras witnessed a tepid response from shoppers on Friday as gold and silver sales have likely to be fallen by up to 35 per cent year-on-year due to high prices and COVID-19 induced financial distress, although consumers moved to online buying to make most of the festival, jewellers said. The buying was heavily restricted to light weight jewellery, coins and precious stones due to lower purchasing power and high gold rates, they said. Due to the fear of coronavirus infection, many customers who had booked in advance were taking delivery of wedding orders on Friday, while some were seen buying safely through online brands like Tanishq and Melorra.
Pre-Diwali Dhanteras sales of gold and silver witnessed a tepid response from consumers on Thursday on account of high prices of the precious metals and sluggish demand due to COVID-19 induced economic hardship, according to jewellers and industry experts. However, jewellers are expecting maximum footfalls on Friday as Dhanteras -- considered the most auspicious day in Hindu calendar for buying items, ranging from precious metals like gold and silver to utensils -- is being celebrated for two days this year.
Five seeds that can help you lose weight.
The temptation to get into businesses that are hot is perhaps too great for any politician, no matter what his public slogans are. Nehru plunged into hot sectors of his time -- engineering and iron and steel. Modi has plunged into digital payments -- the hot sector of his time, notes Debashis Basu.
'Avoid going overweight on gold. But maintain a 10 per cent allocation via sovereign gold bonds,' Bajaj Capital MD Sanjiv Bajaj tells Sarbajeet K Sen.
It is in no way a government of the economic Right. The Right is limited to religion and nationalism. The rest is as Left as the Congress or any other party, observes Shekhar Gupta.
While the likelihood of these states going the Lanka or Greece way may be an alarming assessment, the financial situation of some states such as Punjab and West Bengal is indeed quite weak.
The 'resistant starch' in oats aids in digestion, kicks up your metabolism, lowers cholesterol, controls blood sugar and burns fat, says Vandana Luthra.
Higher prices are burdening household budgets and threatening the margins of leading manufacturers.
The government on Monday exempted importers of pulses from stock limits, and also relaxed the norms for millers and wholesalers, in view of softening of prices of the key pulses in the country. Now, the stock limits will be applicable only on tur, urad, gram and masoor for a period up to October 31, it said. However, these entities will continue to declare their stocks on the web portal of the Department of Consumer Affairs, it added. A revised order in this regard has been notified.
Cricket icon Sachin Tendulkar, whose term as Rajya Sabha MP ended recently, has donated his entire salary and allowances to the Prime Minister's Relief Fund.
Results of the panchayat polls indicated a paradigm shift in state politics with the baton of main opposition party passing from the Left to the BJP.
Celebrate Independence Day with tricolour delicacies.
The Congress will give 40 per cent of tickets to women in the Uttar Pradesh assembly elections beginning next year, party general secretary Priyanka Gandhi Vadra said here on Tuesday.
It is good BJP leaders filed offences against makers of Tandav web series over its content, but they will be truly men if the party registers cases also against journalist Arnab Goswami who insulted martyrdom of Indian soldiers, the Shiv Sena said on Thursday.
Water is going to be a central part of the government's 2024 election campaign. And Gajendra Singh Shekhawat's work will be crucial for it.
Are these earbuds worth Rs 1,699? Ashish Narsale/Rediff.com finds out.
To prevent hoarding and check price rise, the Centre on Friday imposed stock limits on all pulses, except moong, held by wholesalers, retailers, importers and millers till October. The stock limits are imposed with immediate effect. An order in this regard has been issued by the Union food and consumer affairs ministry. Retail prices of pulses rose by more than 20 per cent during the January-June period of this year, according to the ministry's data.
Do cardio (walking, jogging, running, swimming) for at least an hour for minimum five days per week and weight train for at least two days a week for an hour, suggests fitness expert Dr Shreyash Gujrathi.
A drop in demand from local jewellers and retailers at current levels weighed on the prices
Gold drifted lower by Rs 200 to trade at one-week low of Rs 31,050 per ten grams.
Three tasty coconut-based vegetable recipes for your Onam Sadya.
Globally, gold climbed 1.85 per cent to $1,230.70 an ounce.
Delicious and simple tea-time recipes for your post-lunch hunger pangs.
Since the Union Budget, gold has become costlier by 8-9 per cent because of a 2.5 per cent increase in import duty to 12.5 per cent and about a 5 per cent depreciation in the rupee.
He also said the governments of the Bharatiya Janata Party, the BSP and the SP that have ruled Uttar Pradesh in the last 32 years, when Congress was not in power, failed to live up to the expectations of the people and the Congress was set for a comeback in the state.
'In most schemes, where the monthly investment is a fixed amount, investors run the risk of the price of gold rising during the tenure of the recurring deposit,' notes Harsh Roongta.
Urimai Kural, part of the Gram Vaani community radio station that spans 15 states, serves as a much-needed helpline for harassed garment factory workers.
"Out of an abundance of caution, and at the recommendation of his physician and medical experts, the president will be working from the presidential offices at Walter Reed for the next few days," White House Press Secretary Kayleigh McEnany said on Friday, a day after he was tested positive for COVID-19.
"There is no evidence of consumption, no recovery of drugs and absolutely no evidence to show his participation in this so-called conspiracy and abetment as alleged by the NCB," Rohatgi said while arguing for Aryan Khan's bail.
Jewellery showrooms in Tamil Nadu and Andhra Pradesh were also opened.
Most consumers are going for token buying of lesser value and are waiting for price correction for purchase of wedding jewellery.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances