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Sunday, October 26, 2025
TopicJewelry

Topic: jewelry

Kalyan Jewellers IPO to open on 16 March, issue price fixed at Rs 86-87 apiece

The IPO by Kalyan Jewellers comes as gold consumption is set to rebound this year in India after plunging to the lowest in more than two decades in 2020.

Gold sales this festival season to be India’s worst since 2008

Covid and weak economic growth are likely to push sales below last year’s 194 tons to the lowest quarterly numbers since 2008, according to a consultant at Metals Focus Ltd.

India’s gold imports more than double in August as demand returns ahead of festivals

The rebound in demand follows a nearly 80% drop in imports between January and June and comes as India slowly eases restrictions put in place to control the Covid outbreak.

Gift to family helps wipe $2.7 billion off PC Jeweller value

The value of PC Jeweller has dropped after one of its founders gifted some shares to family members through off-market transactions, bringing the company's governance into question.

On Camera

Paper in MoSPI journal flags financial inclusion gap—highest among Hindus, lowest for Muslims

Research paper, however, finds lowest indebtedness level among Muslims at 12.3% & highest among Hindus at 14.9%. Overall national financial inclusion level at 87.2%, indebtedness at 14.7%.

From battle of wits and daring air strikes to artillery fury, new details emerge of Operation Sindoor

Fresh details of operation conducted by IAF, Army have come out in gazette notification giving citations of those who were awarded Vir Chakra for their bravery.

Deepfake on duty: when I asked AI to read Op Sindoor citations

On 21 Oct, a buzz went up that the govt had released full list of gallantry award recipients along with Op Sindoor citations. I put an AI caddy on the job. It took me into a never-ending rabbit hole.