A strong appetite for gold on Friday's Dhanteras is expected this year due to auspicious reasons and geopolitical concerns, continuing the 2022 trend driven by pent-up COVID demand. Compared to last year's Dhanteras, gold prices have jumped 22 per cent and silver prices by 21 per cent, respectively. "Gold and silver are good for portfolio diversification, especially in times of geopolitical turbulence.
Corporate margins and profits in India remain vulnerable to changes in crude oil prices in the international market. Historical quarterly data from listed companies (excluding banks, finance and insurance, oil and gas, and power sectors) indicate an adverse correlation between corporate margins and crude oil prices.
A new era of Indian equity market outperformance compared to China "appears to be dawning", according to Morgan Stanley. The firm has upgraded India to overweight in its Asia Pacific-excluding Japan (APxJ) list, making it their most preferred market not only in the region but also in the global emerging market (GEM) pack. India now holds the top position in this category, with an overweight of 75 basis points, a significant increase from nil previously.
India were sitting pretty on 473/8 in 120 overs at stumps on the second day for an overall lead of 255 runs.
2019 was the Bharatiya Janata Party's breakout year, when it stretched the boundaries of what was thought possible and ended up with 303 seats on its own steam. Now it is forced to play defence, on a pitch queered by too many variables, asserts Prem Panicker.
Fight the high season and ridiculous prices with these simple and easy travel hacks.
Over 14,000 policemen were deployed across the city for the security of Adityanath.
Actor-turned-designer Poornima Indrajith has some Onam style tips as well.
Ever wondered why Hrishikesh Mukherjee's 1973 musical Abhimaan, the story of two singers who happened to be married to one another, has three voices singing for Amitabh Bachchan but only one voice, Lata Mangeshkar, for Jaya Bachchan?
Mumbai-based diamond processing and jewellery manufacturer Gitanjali Gems aims to become a global retailer. Lately, the Rs 3,500-crore (Rs 35 billion) company has been in the news for international acquisitions, consolidation in the domestic market and diversification in lifestyle retailing.
Malaika had an extraplanetary glow about her.
India, the world's largest diamond cutting and polishing centre, exported gems and jewellery worth $9.1 billion in the past year ended March 31, up 21 per cent from the previous year, a leading trade body said on Thursday.
Jewellers in India, the world's second largest gold consuming country after China, have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs 2,000 notes from circulation. However, there is no panic buying of the precious metal unlike the situation witnessed in 2016 during demonetisation, jewellers body GJC said on Sunday. In fact in the last two days, the actual gold purchase has been less in exchange of Rs 2,000 notes due to strict Know your Customer (KYC) norms although sources said some jewellers have started charging a 5-10 per cent premium, taking the gold prices to Rs 66,000 per 10 grams level.
Contracting for the third month in a row, India's exports declined by 8.8 per cent to $33.88 billion in February due to slowdown in global demand, even as the trade deficit touched about a year low of $17.43 billion during the month, according to official data released on Wednesday. Imports also declined by 8.21 per cent to $51.31 billion as against $55.9 billion recorded in the corresponding month last year. Cumulatively, however during April-February this fiscal, the country's overall merchandise exports rose by 7.5 per cent to $405.94 billion.
Sukanya Verma recaps all those events from 25 years ago.
Exports contracted by 2.6 per cent to $34.47 billion in September even as the country's merchandise trade deficit narrows to $19.37 billion during the month under review, according to the government data released on Friday. Easing commodity prices helped in cutting down the country's import bill by 15 per cent to $53.84 billion in September, the 10th consecutive month of decline. During April-September this fiscal, exports contracted by 8.77 per cent to $211.4 billion.
India's exports in January dipped by 6.58 per cent to $32.91 billion, as against $35.23 billion in the same month last year, according to the data released by the commerce ministry on Wednesday. Trade deficit in January stood at $17.75 billion.
The emergence of these young talents from India and Pakistan presents an exciting glimpse into the future of the subcontinent's cricket.
Political opponents are not enemies and politics is not about division and hatred, National Conference vice president Omar Abdullah said on Friday.
Looking for Treasures From Mizoram to embrace through 2024 and beyond.
With clean blue waters and golden-white sands, these super beaches have a magic that is hard to keep away from.
India's trade ties with Israel have only strengthened in the years after 2019. The total value of trade rose to $10.5 billion on a rolling four-quarter basis in June 2023 from $5.5 billion in the same month in 2019, shows a Business Standard analysis of data from the Centre for Monitoring Indian Economy (CMIE). A rolling four-quarter number provides a comparable figure across different time periods.
Aditya Birla Group has announced its foray into the branded jewellery space with an investment of around Rs 5,000 crore and will battle it out with Titan's Tanishq and Reliance Industries- Reliance Jewel. The business will be housed in a new venture, "Novel Jewel", and will open large-format exclusive stores across the country with its in-house jewellery brands, the company said in its release. "The new venture will seek to transform customer experience by creating an aspirational national brand with unique designs and a strong regional flavour.
As the talented actress continues to spread her wings across Indian cinema, Namrata Thakker looks at her FABULOUS life through her Instagram feed on her 27th birthday on April 5.
Alizeh demonstrates smarts as sharp as her cheekbones and a restless fire in her eyes raging to conquer the world.
Celebrating Freedom with an unusual automobile convoy!
On her 50th birthday on November 1, Sukanya Verma raises a toast to Bollywood's Golden Girl and 15 of her noteworthy performances.
Is this what the stars will be wearing in summer?
Pakistan registered a comfortable seven-wicket victory to keep their semi-final hopes alive.
Here are Aseem Chhabra's picks -- 'films that mattered to me, entertained me and will stay with me through the year.'
Gems you can enjoy from the time he was at his handsome and magnetic best.
Hitesh Harisinghani/Rediff.com visited Jogeshwari caves and returned with some amazing stories
Milind Makwana, according to his close friends and family, spoke at the City Council meeting on July 18 against SB403, the anti-caste discrimination bill in California State Assembly.
India's merchandise exports spurted to a record high of $418 billion in the 2021-22 fiscal on higher shipments of petroleum products, engineering goods, gem and jewellery and chemicals, according to official data released on Sunday. Outbound shipments touched an all-time high of $40 billion in a month in March 2022, Commerce and Industry Minister Piyush Goyal told reporters. Exports stood at $34 billion in March 2021.
Using snatches of a cult favourite or evergreen classic in its original form for action, comedy or romance can transform the entire vibe of a scene.
IMAGES from the ICC World Cup match between New Zealand and Sri Lanka at the M Chinnaswamy stadium, in Bengaluru, on Thursday.
Subdued demand from developed countries and blocs like the US and EU is impacting exports of key sectors including engineering, gems and jewellery and may have implications on India's exports in case the global situation does not improve in coming months. Global inflation, Russia-Ukraine war, simmering China-Taiwan crisis and supply disruptions are hurting economic growth worldwide, leading to poor demand, experts say. The world merchandise trade volume is expected to grow 3 per cent in 2022 against the earlier forecast of 4.7 per cent, mainly due to the ongoing war between Russia and Ukraine, according to the World Trade Organization forecast, released in April.
Finance Minister Nirmala Sitharaman on Tuesday announced cutting import duty on cut and polished diamonds and gemstones to 5 per cent while on sawn diamond to nil in order to boost the sector. At present, import duty on cut and polished diamonds as well as gemstones is 7.5 per cent. Presenting the Budget for 2022-23 in the Lok Sabha, Sitharaman also announced that the government will facilitate export of jewellery through e-commerce for which it will implement a "simplified regulatory framework" by June this year.
The diamantaire's counsel said there is a vigilance manual circular that the consortium can lodge only one FIR. Each consortium member cannot lodge separate FIRs, he said.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances