Here are some significant facts about Akshaya Tritiya and options available to buy gold.
Gold sales were reported at 40 tonnes last year; this might have been surpassed this year.
Gold prices this year are higher than last year, and the goods and services tax is an additional burden for consumers
On gold buying occasions such as Akshaya Tritiya, Chiraj Mehta points out, investors are often confronted with the question: Should I make just a token purchase, or should I buy more towards building my allocation in the yellow metal?
Its newly-built Jigani kitchen in Bengaluru is piloting the use of technologies such as data analytics, blockchain and Internet of Things to speed up the huge volume of its operations while ensuring strict quality control, reports Samreen Ahmad.
Traders said a weakening trend in the precious metals overseas after the Federal Reserve pressed on with cuts to stimulus amid signs of a recovery in the US, reducing demand for the safe haven, mainly put pressure on the gold prices in New Delhi.
There was positive news from across the country especially from the South.
Gold is currently ruling at Rs 30,050 per 10 grams.
Karnataka government directing the foundation to include garlic and onion in the food.
Gold demand fell by 8 per cent to 45 tonnes on this year's Akshaya Tritiya, an auspicious day in the Hindu calendar for new purchase of long-term assets, due to a rise in prices, compared with 48.9 tonnes in a year-ago period, the World Gold Council said.
The Kedarnath temple, one of the 12 Jyotirlings, will open for devotees this Akshaya Tritiya and tentatively shut November 3 or Kartik Purnima November 15 or Bhai Dooj, November 20, depending on the weather.
A 23-year-old inmate who escaped from the Akshaya Trust home, founded by CNN hero Narayanan Krishnan, alleges that she was raped. This has cast a shadow over the non-profit organization, that houses mentally ill inmates in Madurai. A Ganesh Nadar/Rediff.com investigates the controversy.
Gold has lost some lustre over the past year and this is unlikely to return so soon, resulting in erosion of interest among investors.
Gold on Tuesday advanced further to hit a fresh two-month high of Rs 29,100 per 10 grams, driven by heavy buying by retail customers for the festival of 'Akshaya Tritiya'.
Amazon India has witnessed an 84 per cent year-on-year (Y-o-Y) increase in sales of hallmarked gold jewellery and posted a 5-fold spike in demand during the first two days of its ongoing Amazon Great Indian Festival (AGIF) sale event, which started on September 27. This demand is for brands such as Malabar Gold and Diamonds, PN Gadgil Jewellers, Joyalukkas, PC Chandra and KISNA, among others. According to current trends, customers buy fine jewellery starting at Rs 2,000 in the silver category and shell out up to Rs 40,000 for gold and diamond jewellery. In the last year, Amazon has seen more customers opt for 14 Karat purity.
Women's IM Mounika Akshaya and WGM Srija Seshadri were away for an evening walk and IM CRG Krishna was sleeping inside the room while burglars entered the apartment.
The Badrinath temple in the Garhwal Himalayas in Uttarakhand opened for devotees on Sunday, May 12, 2024, after remaining closed during the winter.
On the occasion of Akshaya Trithiya and considering the gloomy economic scenario, should you invest in gold?
Debt-ridden telecom operator Vodafone Idea on Thursday reported widening of losses to Rs 7,675 crore in the March quarter amid rise in interest and financing cost. The company had registered a loss of Rs 6,419 crore in the year-ago period. The consolidated revenue of operations remained almost flat about Rs 10,607 crore during the reported quarter.
Gold seems to be losing its glitter in India due to a rise in prices. Demand in Q2CY24 was 149.7 tonnes - a 5 per cent drop compared to 158.1 tonnes in the same period last year, according to a report by the World Gold Council (WGC). Demand by value in April-June 2024 stood at Rs 93,850 crore, up by 14 per cent compared to Rs 82,530 crore in the same period last year.
The Akshaya Patra Foundation, which provides free and nutritious meals to nearly a million children in government schools in half-a-dozen Indian states, last week made a $7 million commitment to feed an additional 100,000 schoolchildren. The organisation made the pledge at the Clinton Global Initiative in New York last week.
According to industry estimates, 5 per cent of India's total gold consumption of about 750 tonnes is sold on this auspicious day alone. This year, too, customer's attraction towards gold is likely to continue despite high prices.
Building your Retirement Nidhi is your Karmayoga, ensuring a Golden Yug where you can truly enjoy the fruits of your labour, says Vatsal Ramaiya as he explains how Rs 15,000 per month can help build a Rs 7 crore corpus.
The event that was inaugurated by five-time world champion Viswanathan Anand will have 11 rounds before the best player in the under-20 category can be determined in both sections.
Debt-ridden Vodafone Idea is planning to begin 5G rollout in six months in select cities and places where 5G device concentration is high, a senior company official said on Friday. Vodafone Idea CEO Akshaya Moondra said the company expects capital expenditure of the company to be in the range of Rs 50,000-Rs 55,000 crore over the next three years with focus on expanding and strengthening 4G coverage.
Ahead of its Rs 18,000 crore further public offer (FPO), Vodafone Idea on Monday said it expects to roll out 5G services in select pockets within 6-9 months of raising fresh capital. Its chief executive Akshaya Moondra said rollout of the modern 5G telecom services is one of the objectives of raising the capital from the public and once the funding comes, it will start work on the rollout. "With this round of funding, we believe we will be able to (come) back to participate in the industry growth which has not been possible," he said.
Developers and consultants said even buyers have not been showing much enthusiasm in booking properties, due to high prices and the overall lacklustre economic environment.
"The nakli Shiv Sena wants to bury me alive. They abuse me in such a way that it will be liked by their favourite vote bank," Modi said.
Among the bigwigs are Union ministers Amit Shah (Gandhinagar), Jyotiraditya Scindia (Guna), Mansukh Mandaviya (Porbandar), Parshottam Rupala (Rajkot), Pralhad Joshi (Dharwad) and SP Singh Baghel (Agra).
The stakes are significant for the BJP in this round as the party had in 2019 won an overwhelming majority of these seats, including all in Gujarat, Chhattisgarh, Bihar and Madhya Pradesh, that will go to polls on May 7.
She brings the best of Indian dressing to LA.
.jpg)
Returns on godl have depleted in past few years,
The curtailed squad that is now travelling to the Mexican capital include Rakshitta Ravi, Bommini Mounika Akshaya and Amulya Guruprasad among girls while Harshavardhan GB, Pranav Anand, Dushyant Sharma and
In August 2021, Nick Read, chief executive of Vodafone Plc at the time, did not mince his words while speaking about the India business in an earnings call. Replying to an analyst's question on Vodafone Idea, a venture with the Aditya Birla Group that had piled on huge debts and worrisome losses, Read described it as a highly stressed situation that "they (Vodafone Idea) are trying to navigate... "We, as a group, try to provide them as much practical support as we can, but I want to make it very clear, we are not putting any additional equity into India.''
11,000 mangoes were offered to Lord Ganesh on the occasion of Akshaya Tritiya organised by the Shrimant Dagdusheth Halwai Public Ganpati Trust and Suvarnayug Tarun Mandal in Pune.
The government will review the weather conditions in the coming days and accordingly take a decision in the interest of the pilgrims, he said.
Maharashtra Navnirman Sena chief Raj Thackeray has appealed to his party workers to not perform 'maha aarti' on May 3, the day of Eid ul Fitr and Akshaya Tritiya.
Earlier, the administration had announced a 24-hour curfew on May 2 and 3 and asked Khargone residents to celebrate the Eid-al-Fitr and Akshaya Tritiya festivals at home.
Stocks of gold jewellery retailers have been able to retain their sheen in 2023 despite volatile gold prices. Kalyan Jewellers, Titan, PC Jewellers, Thangamayil Jewellery, and Tribhovandas Bhimji Zaveri (TBZ) have rallied 21-72 per cent so far since April as compared to a 13 per cent gain in the benchmark Sensex index. The rally gained steam on the back of gold's 6 per cen
The administration in Madhya Pradesh's Khargone lifted the curfew with immediate effect on Wednesday evening, 24 days after it was imposed following violence during a Ram Navami procession on April 10, an official said.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances