Dhanteras: Gold Sales Fall 5% In Volume, Rise 20% In Value
The Morning Standard|October 30, 2024
Dhanteras, which marks the beginning of the festival season, saw a significant gold sales boom, as it garnered sales of about 20-22 tonnes of gold, which is worth nearly ₹16,000 crore.
UMA KANNANI MONIKA YADAV
Dhanteras: Gold Sales Fall 5% In Volume, Rise 20% In Value

All India Gem and Jewellery Domestic Council (GJ C) chairman Saiyam Mehra said though compared to last year, this year witnessed 5% fall in volume, it saw 15-20 % increase in value. "While there were gold sales of about ₹16,000 crore, the full jewellery sector saw ₹18,000-₹20,000 crore sales," he said.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the {{IssueName}} edition of {{MagazineName}}.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM THE MORNING STANDARDView all
Peru in state of emergency killings in public surge as
The Morning Standard

Peru in state of emergency killings in public surge as

PERU’s president declared a state of emergency in the capital and ordered the deployment of soldiers to help police address a surge of violence, amid widespread outcry a day after the killing of a popular singer.

time-read
1 min  |
March 19, 2025
District units to be focal point of party organisation: Jairam; meet on Mar 27
The Morning Standard

District units to be focal point of party organisation: Jairam; meet on Mar 27

THE Congress will hold a meeting of District Congress Committees from across the country for three days ahead of its All India Congress Committee session on April 8 and 9 in Ahmedabad.

time-read
1 min  |
March 19, 2025
The Morning Standard

Sambhal admin denies nod to traditional mela

THE western UP district of Sambhal has been in the news for quite some time for reasons galore.

time-read
1 min  |
March 19, 2025
4% Quota Bill for Minorities in Govt Contracts Tabled in House
The Morning Standard

4% Quota Bill for Minorities in Govt Contracts Tabled in House

LAW and Parliamentary Affairs Minister HK Patil on Tuesday tabled the Karnataka Transparency in Public Procurements (Amendment) Bill, 2025, in the Assembly to provide 4% reservation for people, including Muslims and other minorities, under Category 2B of Backward Classes while awarding government contracts for civil works.

time-read
1 min  |
March 19, 2025
Maha, Guj biggest beneficiaries of PLI scheme; eastern states fail to cash in
The Morning Standard

Maha, Guj biggest beneficiaries of PLI scheme; eastern states fail to cash in

MAHARASHTRA has emerged as the biggest beneficiary of the Production-Linked Incentive (PLI) scheme, with 212 approved manufacturing units under the initiative.

time-read
1 min  |
March 19, 2025
The Morning Standard

Beer consumption goes up in Kerala, toddy intake down

KERALA is experiencing a beer boom.

time-read
1 min  |
March 19, 2025
The Morning Standard

Modi Shares Trump's Commitment to Peace, Says Gabbard

STRESSING that 'America first' doesn't mean 'America alone,' United States National Intelligence Director Tulsi Gabbard said on Tuesday that Prime Minister Narendra Modi shares President Donald Trump's commitment to peace.

time-read
1 min  |
March 19, 2025
The Morning Standard

Make in India Is Working, Believe in It: Sitharaman

BRUSHING aside the opposition criticism of the 'Make in India' programme, Finance Minister Nirmala Sitharaman on Tuesday said the scheme is yielding \"good results\" as the government has taken multiple steps to strengthen the manufacturing sector, including defence production.

time-read
1 min  |
March 19, 2025
ED Summons Lalu in Land-for-Job Scam Case Today
The Morning Standard

ED Summons Lalu in Land-for-Job Scam Case Today

RJD supremo Lalu Prasad has been asked to appear before the Enforcement Directorate on Wednesday for questioning in the money laundering case linked to land-for-job scam in the Railways.

time-read
1 min  |
March 19, 2025
Punctuality ‘on track’ as Vaishnaw tears into Oppn
The Morning Standard

Punctuality ‘on track’ as Vaishnaw tears into Oppn

RAILWAY Minister Ashwini Vaishnaw on Tuesday dismissed Opposition allegations regarding train punctuality, informing the Lok Sabha that 32 railway divisions have achieved over 90% punctuality while 17 out of 68 divisions maintain more than 80% punctuality.

time-read
1 min  |
March 19, 2025