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GOLD JEWELLERY LOANS
Manappuram Finance, Muthoot Finance, other gold financier stocks drop up to 3%. Here's whyShares of gold financiers declined as a sharp fall in gold prices and a stronger US dollar weighed on sentiment. Expectations of further US...
Rajesh Exports denies wrongdoing, says SEBI order stems from 'confusion' over Valcambi revenuesRajesh Exports has responded to SEBI's interim order, denying allegations of revenue misrepresentation. The company states its reported rev...
Credit keeps its lead over deposits as gold loans shine brightBank credit is growing faster than deposits. Lending to industries is slowing down due to global uncertainties. Loans against gold jeweller...
Monetise idle household gold, ease compliance burden to build Viksit Bharat: Kotak MF's Nilesh ShahNilesh Shah of Kotak Mutual Fund suggests India must unlock its vast household gold reserves. He also calls for easing business regulations...
How gold ETFs, tax changes, and recycling incentives can reduce India’s dependence on gold importsOne of the objectives of the gold ETF was not merely financial innovation but to reduce, or at least postpone, the import of physical gold....
Jewellery retailer DP Abhushan posts 88% rise in PAT; revenue crosses Rs 4,000 croreDP Abhushan Ltd reported an impressive 88% surge in annual profit for FY26, reaching Rs 211.84 crore, driven by strong store demand and net...
Gold loans rise 50% to Rs 19 lakh crore in FY26Gold jewellery loans have seen a massive 50 percent jump year-on-year, reaching ₹19 lakh crore. This makes it the fastest growing retail lo...
India's gold loan market has huge potential, there's lot of idle metal: George Alexander MuthootThe rise in prices will add to the growth momentum as it will give more borrowing power to those who are pledging gold. The uncertainties w...
Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
Metal stocks shine as global base metal rally lifts investor sentimentMetal stocks surged on Tuesday, mirroring a sharp rally in global base metal prices driven by supply disruptions and robust demand. Gold lo...
How did a Marwari family become crorepatis in less than 10 years? Finance expert reveals: ‘They had Rs 56 lakh worth of gold…’A Marwari family transformed gold worth Rs 56 lakh into a multi-crore asset in nine years. They pledged their gold for a loan to buy land w...
Explainer: Why India's higher tariffs are unlikely to dent gold, silver demandIndia has increased import duties on gold and silver to 15 percent. This move aims to reduce imports and protect foreign exchange reserves....
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
Manappuram Finance, IIFL Finance, other stocks rally up to 11% as gold prices soar after import duty hikeShares of gold financiers Manappuram Finance, Muthoot Finance and IIFL Finance rallied sharply after the government raised import duty on g...
Higher gold import duty may boost gold loan demand, says Nirmal JainIncreased import duties on gold, while potentially impacting jewellery demand, present new opportunities for the gold loan industry. Higher...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
Did Indira Gandhi ask people not to buy gold in 1967? Here's the truthA social media image claiming Indira Gandhi urged against gold purchases in 1967 is fake. The Hindu newspaper confirmed the image is digita...
When former PM Indira Gandhi donated her gold jewelleryAn old photograph of Indira Gandhi donating her jewellery during the 1962 India-China war has resurfaced amid current debates on gold purch...
Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
As Modi urges restraint on gold buying, jewellers’ body pitches mobilisation & recycling frameworkThe All India Jewellers & Goldsmith Federation proposes mobilising India's idle gold stocks. This approach aims to save foreign exchange wi...