Gold jewellery demand in India is likely to decline in the second and third quarters of this fiscal due to hike in import duty, high volatility in prices and inflationary pressure, according to a report. While demand is likely to contract by 8 per cent year-on-year in the second quarter of FY23, the decline is expected to be higher at 15 per cent in the third quarter due to the exceptionally high base in the same period of FY22, Icra said in a report. According to the report, the exceptional third quarter performance in FY22 was due to the post-Covid reopening of the economy and the substantially high demand in the wedding and festive seasons.
Arif Khan clocked a combined time of 2 minute 47.24 seconds from two races in difficult weather conditions
If they have extra cash to put into long-term investments, then this is the best time to buy. The reason: growth. Emerging markets will continue their high growth rate and investors should try to capture that growth, says Mark Mobius.
Matt Renshaw says he will try to make a 'good impression'
HR Guru Mayank Rautela offers practical advice.
Manchester United said on Tuesday it was commencing a process to explore strategic alternatives, including a new investment or a potential sale, 17 years after the American Glazer family bought the English Premier League soccer club.
England's Jordan Pickford is already guaranteed to pick up the Euro 2020 "Golden Glove" award, as he has five clean sheets to his name.
Greek fourth seed Stefanos Tsitsipas labelled Nick Kyrgios a "bully" with "an evil side" to his character after losing a bad-tempered Wimbledon third-round clash on Saturday.
The BBMP advocate informed the court that the number of potholes being filled up is being updated every day and a total of 2,010 potholes had been filled and only 221 potholes remained till September 14, 2022.
'The Rajapaksas have been in active politics for decades and survived many challenges, but they seem to have misread this one.'
Over-communicate, but don't micromanage: Ritwik Sharma's tips for our new work ways.
According to the Food and Agriculture Organisation, global food prices fell for the first time after eighth consecutive months of price spikes in March this year in the wake of a decline in international prices of oil, sugar and cereals.
Russia launched an all-out invasion of Ukraine by land, sea and air on Thursday.
Reserve Bank Governor Shaktikanta Das on Monday said with the country's foreign exchange reserves at $677 billion, it is comfortably placed to deal with any spillover effects and for financing of the current account deficit. Over the last three years, the country's foreign exchange reserves have surged by $270 billion. He said as per the latest data, the foreign exchange reserves are $622 billion.
Weak stock markets, lingering worries over US recession and their aftermaths over other emerging markets, weak dollar and concerns over credit markets compelled stockists and even retail investors to invest in these anti-inflatary metals to play safe in the current uncertain conditions, traders said.
The format has been tweaked and there will be eight groups of four teams each with the plate group comprising six teams.
The war in Ukraine has made its presence felt at the World Economic Forum's annual meeting in Davos. As political and business leaders' debate, they remain fearful of Europe's economic future. There is a sense of gloom among many business leaders as energy shortage and economic recession rear their heads. Global investors are keenly assessing the presence of Indian delegation at Davos.
Despite the demonetisation of 2016 and the rise in digital transactions that followed, the economy's dependence on cash has remained as high as ever. So when the Reserve Bank of India (RBI) introduced a pilot project of its version of digital cash - called the central bank digital currency (CBDC) - on December 1, many questions were asked. Can the CBDC replace physical cash, even partially? Can it match cash in terms of convenience? Are CBDC transactions truly anonymous?
The Badminton World Federation (BWF) on Wednesday said it might freeze the world rankings for a while as it works on a "fair solution" to the Olympic qualification process after the coronavirus pandemic forced a postponement of the Tokyo Games to 2021. There have been growing calls to freeze the world rankings after cancellations and postponements wrecked the sport's calendar. Indian shuttlers Saina Nehwal, B Sai Praneeth, Parupalli Kashyap and H S Prannoy have been leading the way in expressing concerns.
Novak Djokovic is still uncertain whether he will take part in the 2022 Australian Open but will soon make a decision, the World No 1 said after Serbia's 2-1 defeat by Croatia in the Davis Cup semi-finals on Friday.
Investments are at risk if operators are unable to resolve concerns of authorities and customers after the rape accusation.
Maharashtra ministers Chandrakant Patil and Shambhuraj Desai, appointed for coordinating the state's border dispute with Karnataka, are unlikely to visit Belagavi on Tuesday as both have various meetings scheduled in Maharashtra during the day.
Ishan Kishan is the only option we have and he will open with me: Rohit
'Unless it becomes really a big epidemic in India where a huge number of people are getting sick and lakhs of people dying, I do not see a major impact on the insurance sector.'
If you are a BJP backer, you'd ask why Modi and Shah would even bother about Rahul Gandhi and Congress. But they do. Because they are serious politicians who win elections. That's why their priority is to ensure Rahul cannot shed his 'Pappu' image, points Shekhar Gupta.
'I've known you as a kid and I've known you as a man. Own it. Own everything you experience. They are your gifts. Trust me.'
The 'black cats' will reflect a dashing sheen to the parade as they will be dressed in their trademark black coloured overalls, balaclava headgear and special assault rifles MP-5 along with the iconic commando dagger.
Pakistan Cricket Board has suffered massive revenue losses but it doesn't need India to 'survive' and keep its finances flowing, PCB chairman Ehsan Mani said on Tuesday. Terming the BCCI as 'unreliable', Mani said Pakistan cricket is vibrant and strong enough despite not playing any bilateral series with India for a long time now.
France, who were 2-0 up courtesy of Arthur Rinderknech and Adrian Mannarino, faced little resistance from Ecuador as wins for Benjamin Bonzi and the doubles pair of Pierre-Hugues Herbert and Nicholas Mahut secured victory for the 10-times champions.
Images from Day 6 of the 2023 Australian Open at Melbourne Park on Saturday.
Red Bull have given "a definite no" to four-times Formula One world champion Sebastian Vettel's hopes of returning to them next year, team boss Christian Horner said on Friday. The German, who is out of contract with Ferrari at the end of the season and facing an uncertain future, had said on Thursday he would say yes to a Red Bull drive if one was offered.
In these tough times, Bollywood stars have some good advice for you!
Amid a war between Russia and Ukraine, Prime Minister Narendra Modi on Thursday said India's several needs are connected to the involved countries but it is on the side of peace and hopes that all problems get resolved through dialogue.
Talking of the crisis and its impact on sports, Nieva said things would never be the same again but asserted that people will not give up on live sports either.
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.
The International Tennis Federation (ITF) has said it is working on additional measures, including a new relief fund, to support lower-ranked professionals who have been left in the lurch due to coronavirus-led lockdowns.
The consumer buying patterns and preferences have changed significantly with categories like health and pharma, FMCG and agriculture seeing a surge and exponential growth along with the rising number of first-time online shoppers.
Laxmi Sorte and Kaustav Ghosh are on a 101-day road trip across India to support and encourage local businesses affected by the pandemic.
India's neglect of villages shows up in many other ways.
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