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    INDIA LAB GROWN DIAMONDS

    The myth of India’s extreme inequality: What the data gets wrong

    Recent studies reveal a misrepresentation of income inequality in India, challenging the commonly accepted pre-tax Gini coefficient of 0.61. This figure fails to account for essential government welfare initiatives, including vital provisions like food and housing. These initiatives remarkably alter the inequality landscape, bringing the post-fiscal Gini down to approximately 0.

    West Asia crisis poses risks to India's trade and macroeconomic stability: NITI Aayog report

    Geopolitical tensions in West Asia are impacting India's trade and economy. NITI Aayog reports these tensions widen the current account deficit and pressure the exchange rate. The India-Gulf Cooperation Council Free Trade Agreement is also slowed. Despite challenges, India's merchandise and services trade show resilience.

    22k gold rate today: Check 24k, 22k, 18k gold prices (April 20, 2026) in New Delhi, Mumbai, Chennai and other cities

    Gold rate today: Gold and silver prices are seeing movement ahead of Akshaya Tritiya. Geopolitical events are influencing market trends. Consumers can check rates from Tanishq, Joyalukkas, Kalyan Jewellers, and Malabar Gold & Diamonds. IBJA also provides indicative retail selling rates. These prices are for April 20, 2026.

    Gold price in Chennai today (April 20, 2026): 24K, 22K gold rates at leading jewellers in the city, IBJA

    As per the prices quoted by leading jewellery retailers in the city, the price of 24 karat gold was over Rs 15,500 per gram, down from Rs 15,400 per gram levels on Friday. 22 karat gold was largely priced between Rs 13,980 to Rs 14,235 per gram.

    Deccan Gold Mines shares rally 16% on India’s first private gold mining project. Check details

    Shares of Deccan Gold Mines Ltd surged 16% as the Jonnagiri Gold Project, India’s first private gold mining venture, nears commercial production. The development boosts earnings visibility and supports domestic supply, amid strong investor interest in the company’s expanding gold and critical minerals portfolio.

    Razorpay set for confidential IPO filing; valuation may fall to around $5 billion

    The fintech startup, last valued at $7.5 billion, is expected to be questioned on growth sustainability and the road to profitability; Walmart-backed PhonePe paused its $1.3 billion IPO last month, citing West Asia conflict.

    The Economic Times
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