Bengaluru reports 10 to 15% spike in gold sales
The Hindu
Business has recovered to better than 2019 levels, say jewellers
Gold traders in the city have reported a 10 to 15% surge in sales both in value and volume in the last one month, a trend mostly seen by the entire trading community that comprises over 50,000 jewellers in the city, according to industry watchers.
“Gold suddenly has become the new currency for many people as they slowly come out of the pandemic. The customer profile has rapidly expanded. Earlier, it was mostly traditional wedding customers and families, but now youngsters, pensioners, and the elderly are showing interest in investing in gold, a trend the industry hasn’t seen,” obsevered Dinesh Pagariya, former director, Jewellers’ Association, and MD of JJJ Jewellers in the city.
Bombay High Court grants bail to Chetan Patil in Shivaji statue collapse case; sculptor Jaydeep Apte's plea pending.
Deadly rinderpest outbreak devastates Mudumalai Wildlife Sanctuary, highlighting the threat of diseases from domestic cattle to wild populations.
Suryanarkoil Mutt's history, traditions, and leadership succession explained in detail with references and comparisons to other Saivaite Mutts.
Upalokayukta takes action against officials for neglecting century-old Kelageri Tank in Dharwad, setting 20-day deadline for rejuvenation.
On World Fisheries Day, India launches projects for marine and inland aquaculture, aiming to transform the fisheries sector and blue economy.
Lokayukta police raid uncovers ₹26.6 crore in assets from government officials in Karnataka, leading to investigations and cases filed.
Court boycott by advocates in Tamil Nadu demands Advocates Protection Bill for safety, affecting litigants from remote villages.
Army faces allegations of harassment and torture in Kishtwar, Jammu; probe ordered, sparking concerns over human rights violations.
Karnataka’s software and services exports crossed ₹4.11 lakh crore during fiscal 2023-24 (March 2024) from ₹3.2 lakh crore a year ago, marking a 27% year-on-year growth, Minister for IT&BT, Priyank Kharge, said here on Thursday quoting Software Technology Parks of India (STPI) data.
Continuous rainfall in Thoothukudi has caused severe hardship for residents as rainwater has inundated several areas. Efforts to drain stagnant water in the city have been intensified
Indictment details Adani bribery scheme to secure solar power contracts, involving Adani Green Energy and Azure Power executives.