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.
Gold demand in India dropped by 30 per cent during the July-September quarter to 86.6 tonnes, compared to the same period last year due to Covid-19 related disruptions and ruling high prices, the World Gold Council (WGC) said in a report.
A summary of sports events and sports persons, who made news on Wednesday
The Ram-Leela actors talk about their relationship on The Front Row.
The stunning actress turns 32 today, September 11.
'If there were ever a PR exercise to fix the seemingly irreparable image of Australian cricket in the aftermath of the most notorious on-field scandal in recent memory, then this is it,' observes Dhruv Munjal.
'If today, I have to take up a nude role, I will, if I like the script and the director.'' 'It has to affect me as a script and be meaningful.' 'It should not be to titillate the audience.'
A lot of AIDS vaccine research is going on, but it is hard to say when it will be available, says Mark Feinberg, president and CEO of the International AIDS Vaccine Initiative.
Sreejesh to lead India as team will experiment with different combinations and execute new tactics
'Everybody fears them and rightly so. Who in his right senses wouldn't fear these agencies?' 'They can take away everything in seconds with near zero recourse to law.'
'It was unfair to expect him to continue to keep on supplying vaccines without being given a firm commitment or a financial grant of any sort.'
The RJD leader, who is the Mahagathbandhan's chief ministerial face, said that if voted to power, providing jobs to unemployed youth would be his topmost priority.
Photographs of 'The princess of Instagram' and her lavish lifestyle
Indian hockey team's captain PR Sreejesh has apologised for letting the nation down after his team's 1-3 loss to Belgium in the quarter-finals at the Rio Olympics on Sunday.
The USS John Paul Jones acted like a dog marking the lamp post, observes Ambassador M K Bhadrakumar.
Consumer inflation has been averaging nearly 10 per cent for the past two years.
Currently, the firm has 250 people in India
Russia is the worst but India is not too far behind
Rajesh Karkera meets the glamorous women who rock the fashion week offstage with their quirky styles
Dhoni scored a brace and was fittingly awarded the 'man of the match'
The Indian economy appears to have slowed down in 2018-19 due to lower private consumption, tepid growth in fixed investment and muted exports, a finance ministry report has said.
Don't be surprised if you see cars from the two manufacturer in a foreign land. The carmakers are supplying their vehicle in over 11 countries.
This fasting season, go slow on the calories and eat healthy.
Industry estimates over 30 tonnes of gold were sold on Akshaya Tritiya this time.
Still finding his feet in the Twenty20 format, Cheteshwar Pujara knows that he cannot be "flamboyant" like some of his Kings XI Punjab teammates in the IPL but the Indian says he is hoping carve a niche for himself by emulating South African legend Jacques Kallis.
IIM Lucknow recently hired a PR agency along with other top schools like ISB, Hyderabad and MDI Gurgaon.
Recently retired Australian pacer Mitchell Johnson won't play in the Big Bash League this season after opting to spend time with his family.
Deputy Chef de Mission Balbir Singh Kushwaha said that facilities at the Games Village were good.
World No 5 India won all five matches during the tour, beating Belgium 2-0 in the opening match, and registering 6-1 and 5-1 wins over Spain in the next two games, before finishing off their Tour with two more wins (2-1 and 5-1).
Don't feel like indulging in a heavy meal? Try this tasty salad preparation.
The 19-year-old fired in from the edge of the box in the 66th minute to break stiff Chinese resistance in the Group B encounter.
The Board of Control for Cricket in India's all-powerful Working Committee is to meet in Mumbai on Sunday afternoon at its headquarters to find a pathway to satisfy the latest directive of the Supreme Court in the case related to corruption in last year's Indian Premier League.
However, in 2020, gold demand in India -- the world's second biggest consumer after China -- could increase to 700-800 tonnes on hopes of increased acceptance of high price level and likely economic reforms boosting consumer confidence, World Gold Council said.
Companies such as Amazon, Uber are looking at expanding their hubs in Canada.
With monsoon rainfall 16% below the long-period average, total sowing area is down by 7% at 56.7 million hectares so far this season.
Varun Kumar converted a penalty corner in the 24th minute to hand India the lead before Simranjeet Singh (55th) scored a diving field goal from skipper Manpreet Singh's brilliant pass to secure full three points for the five-time champions.
According to our sources, Shah Rukh will shoot for the Star Plus show on October 27 or 28.
What if Sajid Khan, who recently gave us Humshakals, touched our classics? Would cinema be as good? We take a look.
