RBI has found irregular practices in the grant of loans against pledges of gold ornaments and jewelry by some entities. It has thus advised all "supervised entities" to comprehensively review their policies, processes, and practices on gold loans to identify gaps.
UBS also predicts gold will climb to USD 2,850 per ounce by mid-2025 and USD 2,900 by the third quarter of 2025, further underscoring its bullish outlook on the metal. The rally in gold prices has been supported by declining US real interest rates, central bank purchases, and a seasonal reco
New Delhi [India], September 28: Kataria Jewellers, renowned for its impeccable craftsmanship and luxurious designs, is set to make waves in the jewellery industry with the opening of its grandest showroom in Madhya Pradesh. This expansive new space promises to be a one-of-a-kind destination
Coimbatore (Tamil Nadu) [India], September 28: The prestigious GJS Nite, an iconic event of the India Gem and Jewellery Show (GJS), took place at the Jio Convention Trade Centre in Mumbai, offering an unforgettable blend of business, entertainment, and celebration. The evening witnessed the
Launching a scathing attack against the Chief Minister Yogi Adityanath-led Uttar Pradesh government over the Sultanpur jewellery store robbery suspect encounter, Samajwadi Party chief Akhilesh Yadav called it condemnable. He further said that tarnishing the image of UP with violence and bloo
Pune (Maharashtra) [India], September 23: In times of financial emergencies or when immediate funds are required, individuals often find themselves searching for convenient and reliable sources of financing. A gold loan emerges as an ideal solution, providing quick access to funds against th
A suspected accused in the Sultanpur jewellers robbery case was killed in an encounter with the Special Task Force (STF) in the Achalganj area of Unnao on Monday, the Uttar Pradesh Police said in an official statement.
The report highlights that gold prices continued to strengthen into September. International gold prices rose by 2.8 per cent, while domestic prices increased by 1.6 per cent over the same period. Despite these gains, Indian gold prices remain 2 per cent below pre-Union Budget levels due to
Somen Verma, Superintendent of Police said that the police had received information this morning that Ajay was roaming on his bike and encountered him in which the police was also injured.
Delhi NCR [India], September 19: With demand for luxury residential properties in India at an all-time high, the market has never experienced such unprecedented growth. Several factors are contributing to this surge, including a preference for large, well-appointed homes in the post-pandemic
Surat (Gujarat) [India], September 18: Suvarna Mahotsav 2.0, a campaign by India's favourite jewellery destination Kalamandir Jewellers, received an overwhelming response from customers. The campaign, celebrating timeless style, elegance and unbeatable offers, ran across all Kalamandir Jewel