Gandhi said that the BJP government has clearly mishandled the economy that was built by the United Progressive Alliance government, and is now resorting to selling the country's assets as a "last resort" to generate some money.
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.
The Ambanis go all out to celebrate the wedding of their youngest son, Anant, with Radhika Merchant.
Here's why consumers are shifting to large brands.
Gold, a safe-haven bet, is likely to continue its record-smashing journey in the New Year, rising to Rs 85,000 per 10 grams and even Rs 90,000 level in domestic markets if geopolitical tensions and global economic uncertainties continue.
The investigation pertains to a case against Pranav Jewellers, a partnership firm based in Tiruchirapalli, whom the ED raided on November 20 and claimed to have seized "unexplained" cash of Rs 23.70 lakh and some gold jewellery.
10 accessory trends straight off the Cannes red carpet.
The gems and jewellery industry is staring at a sales washout on Akshaya Tritiya for the second consecutive year as most of the states are under lockdowns due to the raging second wave of the COVID-19 pandemic which has led to negative consumer sentiment, say industry leaders. Akshaya Tritiya, considered as an auspicious day for buying gold and jewellery, falls on May 14 this year. India is the worst-hit among all nations with the second wave of the pandemic, which has been killing more than 3,500 daily and infecting close to 4 lakhs daily for weeks. The massive caseload has nearly paralysed the medical infrastructure.
Another trend: A preference for coloured diamonds among brides, who are pairing them with their groom's birthstone. So, along with yellow or white diamonds, they are choosing pink, green, blue sapphires, emeralds or red rubies.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Regulator probing jewellery houses for violation of collective investment scheme rules, says Shrimi Choudhary.
Feels assured by FM's promise that givt will consider their demands.
Jewellers in Ahmedabad were baton-charged when they tried to block traffic on busy Sarkhej-Gandhinagar highway.
Jewellers are also focusing on designs to attract customers.
T. S. Kalyanaraman is the Chairman and Managing Director of Kalyan Jewellers, the largest jewellery chain in India with a turnover of Rs 8,500 crore (Rs 8.5 billion) this year.
Silver ready rose by Rs 350 to Rs 33,850 per kg.
Two years after his controversial drama 2.37 about teen suicide was feted at the Cannes Film Festival, Australian director Murali Thalluri is back with another film, Jewel. The film, which will be shot in Hindi in India is, according to Thalluri, a tale about two young boys who are sold into slavery but escape with a rare jewel.
Silver also rebounded by Rs 140 to Rs 37,050 per kg.
Kurumbur in gold-loving Tamil Nadu was once a thriving centre for goldsmiths. Today their number is down to two.
Gold imports more than doubled in August to a record high of $10.06 billion, mainly on account of a drastic cut in customs duty and ongoing festive demand, according to the Commerce Ministry data. Gold imports stood at $4.93 billion in August 2023. On record high imports, Commerce Secretary Sunil Barthwal said that the tariff rates on gold have been reduced drastically so that smuggling and other activities can come down.
Shah and Kankariya, the prosecutors say, sought to use the December 31, 2008 daytime robbery of their money-losing jewelry business, hoping to collect $ 7 million from insurance. The court papers say the dealers were six months behind on rent and had a $ 1 million debt.
While we cannot wait to catch a glimpse of her on the big day, one thing is sure: She'll make one hell of a bride.
Extending its gains for the second straight day, gold prices rose by another Rs 100 to Rs 28,450 per ten gram in New Delhi on Monday on pick up in demand from jewellers even as the metal weakened overseas.
Globally, gold rose 0.16 per cent to $1,279.70 an ounce in London.
Wigan Athletic manager Paul Jewell was charged with improper conduct by the Football Association (FA) on Tuesday for his behaviour towards referee Phil Dowd after Sunday's 2-1 defeat at Arsenal.
Danabhai Jewellers & Sons is recruiting Sales Executives, Computer Operators and Assistant Accountants.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
Some jewellers kept their shops shut in Mumbai as well.
The industry is estimated to have incurred a loss of Rs 10,000 crore (Rs 100 billion).
Malaika Arora spent a day in London and she shares pictures of what her last 24 hours looked like.
Globally, gold was trading 0.35 per cent lower at $1,267.20 an ounce in Singapore.
Silver followed suit and traded Rs 90 higher at Rs 38,290 per kg on increased offtake by industrial units and coin makers.
'He was a very generous co-star. And a very stylish man.'
'The combination of star power, compelling storytelling, and action-packed drama promises to set the box office ablaze and kickstart the new quarter on a spectacular high note.'
'A 10 to 15 per cent allocation to gold in portfolios reduces risk without compromising on potential returns.'
The government on Thursday said nearly 7,000 jewellers have been granted hallmark licences after the quality standards, or hallmarking, for gold were launched in 2001.
Isn't she the prettiest girl you've seen all day?
The celebrations continued with the mehendi ceremony for Radhika Merchant and Anant Ambani.
