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India’s retail sector witnessed its highest-ever festive season sales this year, with Diwali trade reaching an unprecedented Rs 5.40 lakh crore in goods and Rs 65,000 crore in services, as per a nationwide survey by the Confederation of All India Traders (CAIT). The figures reflect a 25 per cent rise from 2024’s Rs 4.25 lakh…
Dhanteras shines: India’s jewellery markets sparkled this Dhanteras, as robust festive demand pushed nationwide sales to an estimated Rs 85,000 crore over two days, according to the All India Gem and Jewellery Domestic Council (GJC).“Across India, approximately 50 to 60 tonnes of jewellery were sold over the two days of Dhanteras, amounting to nearly Rs…
Gold prices retreated from record highs on Saturday, dropping Rs 2,400 to Rs 1,32,400 per 10 grams in the national capital, even as consumers thronged jewellery stores across India to mark Dhanteras. On Friday, 24-carat gold of 99.9 per cent purity had surged by Rs 3,200 to an all-time high of Rs 1,34,800 per 10…
Silver outshone gold this Dhanteras, with consumer demand for the white metal soaring despite record-high prices. As per news agency PTI, silver coin sales surged 35–40 per cent year-on-year, with overall value more than doubling, even as the All India Gem and Jewellery Domestic Council (GJC) projected a 15 per cent dip in gold volumes…
