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IMPORTANCE OF GOLD IN INDIAN CULTURE
India has got a $5 trillion sleeping giant: Can govt wake it up?India holds an estimated $5 trillion worth of gold in households and temples, yet continues to spend billions importing more every year. As...- In 1998, South Korea urged people to save the country from bankruptcy. Millions lined up with gold wedding rings and baby bracelets, raising $2.1 billion in just four monthsIn January 1998, millions of ordinary South Koreans voluntarily donated gold, including wedding rings and baby bracelets, to help their nat...
- Jewellers may be louped in for idle gold mobilisationThe government is exploring a revamped Gold Monetisation Scheme, aiming to involve jewellers for the first time to tap into the vast amount...
- Buffer stocks, imports to keep pulse prices steadyPulse prices are set to remain steady until December, defying concerns over delayed sowing and rainfall. Ample government reserves, coupled...
- India not exporting fuel directly to Russia, any supplies are trader-led: PuriIndia's Oil Minister, Hardeep Singh Puri, has stated that Indian companies are not directly supplying refined fuels to Russia. While report...
- Indian immigrants ‘completely changing the face of Texas,’ says American resident targeting work visa holders in public meetingA public meeting in Frisco, Texas, saw a resident voice controversial opinions against Indian immigrants and proposed religious sites. The ...
- Free trade agreements to give major boost to toy exports: IndustryIndia's toy exports are poised for a surge following the finalisation of free trade agreements with the UK and the European Union, offering...
- Validity of FY26 gold import quota licences under India-UAE trade pact extended till September 30Gold importers under the India-UAE free trade agreement have received an extension until September 30, 2026, to utilize their tariff rate q...
- Why are gold and silver prices down today, and will precious metals continue to drop or rise again? Gold slips as Treasury yields and rate hike expectations increaseGold and silver prices declined as U.S. Treasury yields moved higher and expectations of another Federal Reserve interest rate hike increas...
- India's June crude imports hit record high as Russian supplies surge despite West Asia tensionsIndia's crude oil imports hit a record 4.93 million barrels per day in June, bolstered by substantial purchases from Russia, which solidifi...
- PM Modi appeal impact: Gold import growth down substantially in MayGold imports saw a significant slowdown in May, a welcome development following Prime Minister Modi's calls to curb consumption. This decel...
- World MSME Day: Gem & jewellery sector calls for MSME-led innovations amid global uncertaintyDespite challenges like fluctuating gold prices and evolving consumer tastes, experts highlight opportunities in design-led, innovative pra...
- Households rush to cash out old gold amid fears of a crashIndian households are cashing in on high gold prices, selling nearly 50 tonnes of old jewellery in the last quarter, a 43% jump year-on-yea...
- Startup founder claims foreign client honoured contract after dropping project internally, compares it to India's "adjust kar lo" cultureStartup founder's X post highlighted an international client's commitment to a paused six-month contract, contrasting it with India's often...
- Diamonds shine as gold buyers adapt to price volatilityAs Indian consumers face rising gold import duties and erratic prices, they are changing their buying habits for jewellery. The Indriya bra...
- India swings to premium on price retreat; China demand mutedIndian gold markets are seeing a premium return after a price dip, with buyers cautiously re-entering despite affordability concerns. This ...
- Gold poised for fourth weekly loss as hawkish Fed bets buoy dollarGold is poised for its fourth consecutive weekly decline, weighed down by a strengthening dollar amid expectations of U.S. interest rate hi...
- Bengaluru techie reveals why she is still excited to walk into Microsoft office after 5 years, and it's not about perksA Microsoft employee in Bengaluru, Deepika Koul, has captured social media attention for her enduring enthusiasm at work after five years. ...
- Madhavan’s watch grabs eyeballs at Padma Shri ceremony. It comes with 18 karat-gold case. Check its jaw-dropping priceActor R Madhavan's recent Padma Shri award ceremony was a style highlight, with his choice of a rare Titan Nebula Jalsa Flying Tourbillon w...
- Universities should blend Indian culture, tradition with modernity: President Droupadi MurmuPresident Droupadi Murmu urged educational institutions to blend Indian culture and tradition with modernity for students. Speaking at Rani...
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