Jewellery Retailer Bluestone plans to utilise the funds to support its upcoming ₹1,000 crore IPO debut, following board approval for the offering in December. Jewellery Retailer Bluestone has raised ₹40 crore in debt from Blacksoil Capital and Caspian Debt, according to data from Tofler. Founded in 2011 by Gaurav Singh Kushwaha and Vidya Nataraj, Bluestone…
India’s silver production has increased 20-fold from a meagre 47 tonnes in 2002 to 700 tonnes now, thanks to Hindustan Zinc’s disinvestment. According to the World Silver Survey 2023, silver production has nearly doubled over the past decade, rising to 22.5 million ounces (moz) in 2024 from 12 moz in 2012. The increase in production…
Gold prices plunged ₹1,800 to ₹95,050 per 10 grams in the national capital on Thursday amid a decline in precious metal rates in the overseas markets, according to the All India Sarafa Association. The precious metal of 99.5 per cent purity slumped Rs 1,800 to Rs 94,600 per 10 grams (inclusive of all taxes). Gold…
Gold ($3,205/ounce) was down 3.6 per cent whereas silver ($32.30/ounce) lost 1.2 per cent last week. Similarly, in the domestic market, gold futures (₹92,441/10 gm) depreciated 4.2 per cent and silver futures (₹95,318/kg) fell by 1.5 per cent. MCX-Gold (₹92,441) Gold futures (June) saw a notable decline in price over the last week. Nevertheless, the…
FILE PHOTO: The gold prices in Mumbai on May 19 were ₹9,272 for 1 gram of 24-carat gold (up by ₹37) and ₹74,176 for 8 grams of 24-carat gold (up by ₹296). | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat…
“The import policy of the ITC(HS) codes under Chapter 71 of ITC (HS) 2022, Schedule (Import Policy), newly created under the Finance Act, 2025 dated March 29, 2025, is notified with immediate effect,” per a notification issued on Monday The Directorate General of Foreign Trade has amended the import policy and policy conditions of specific…
Gold prices down | Photo Credit: FRANCIS MASCARENHAS Gold prices in India saw decrease today across all cities. The price for 8 grams of 24-carat gold also dropped in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: Gold prices in India today were…
Gold prices up across India | Photo Credit: RAVINDRAN R Gold prices in India saw an increase today across all cities. The price for 8 grams of 24-carat gold also rose in all cities compared to yesterday. Below is a detailed breakdown of gold prices in key cities. Gold rates in India: The gold prices…
De Beers Group CEO Al Cook De Beers Group CEO Al Cook outlined plans to collaborate with Indian manufacturers on low-carbon diamond supply chains during his visit to Mumbai, building on the company’s renewable energy investments in mining operations across Africa. “When you buy a natural diamond jewellery in India, you have confidence, not only…
Despite a surge in interest around gold as a strategic hedge against market volatility and inflation, institutional investors remain hesitant to significantly increase their exposure, according to a report by Liechtenstein-based investment and asset management firm Incrementum. According to an analysis of the global markets, family offices allocate just one per cent of their portfolios…
