DIWALI 2023
Indians buy 30% more gold after recent price correction
Indians showed a significant increase in gold and silver purchases during Dhanteras-Diwali this year. Gold buying rose by 30% while silver demand increased by 10% compared to last year. Consumers bought 52 tonnes of gold valued at ₹72,000 crore and 300 tonnes of silver worth ₹5,400 crore. The rise in purchases was fueled by lower prices and upcoming wedding season. Jewellers expressed optimism about continued consumer interest in precious metals.
Why are we becoming 'vishwaguru' in air pollution: Kharge targets Modi govt
Congress president Mallikarjun Kharge has accused the BJP government of failing to tackle Delhi's worsening air pollution, questioning Prime Minister Narendra Modi over unspent environmental funds and missing PM2.5 readings at monitoring stations. He demanded accountability, citing pollution-linked deaths, poor utilisation of clean-air funds and recurring government assurances.
Sanju Samson serves biryani to elderly residents at old age home, his latest video leaves fans impressed
Sanju Samson celebrated Diwali by visiting an old-age home, where he served food to elderly residents, interacted with them and posed for photographs. A video shared by the Sanju Samson Foundation has crossed five million views. Established in 2023, the foundation was co-founded by Samson and Charulatha Remesh.
Ramayana beats Pushpa 2, Dhurandhar 2: How Diwali holiday helped Ranbir Kapoor's film overtake two box-office blockbusters
Ramayana: Rise of a Legend, starring Ranbir Kapoor and Yash, has shattered box office records across India. Its triumphant opening week saw ticket sales soar during the Diwali festival, with more than 1,11,830 tickets sold in just one hour, surpassing two blockbuster hits - Dhurandhar 2 and Pushpa 2.
Air quality deteriorates in north India post-Diwali; Delhi records highest AQI since 2021
A significant increase in air pollution was observed across north India following the recent Diwali celebrations. The Air Quality Index (AQI) levels in Delhi, Haryana, Punjab, and western Uttar Pradesh surpassed 350, indicating poor air quality. Many cities reported severe pollution, with readings at 439 recorded at Delhi Technological University. Residents experienced health issues such as breathing difficulties and eye irritation after the celebrations.
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Pune teacher sells father's land to teach 10 poor students, all clear MPSC exams; now he runs a Rs 20 crore campus in his village but still lives in a rented house
After selling his inherited house and farmland in 2005, Pune-based teacher Yajurvendra Mahajan started educating 10 underprivileged students. All cleared MPSC exams. His Deepsthamb Foundation now supports around 600 students, including persons with disabilities, orphans and transgender people, offering free education, accommodation, counselling and employment assistance.
From petrol pump attendant to Rs 6,70,00,00,000 investment scam: How Hyderabad's Nanavath Bhupal Naik, who also worked as mason, built massive empire by luring 7,400 investors
Nanavath Bhupal Naik, a former mason and petrol pump attendant, is accused of masterminding an alleged Rs 670-crore investment scam involving around 7,400 investors. The Cyberabad Economic Offences Wing is investigating two companies, Shares Bazaar Pvt Ltd and Kisaan Parivar Ltd, which allegedly promised monthly returns of 4% and tax-free annual returns of 24%.
Congress slams Modi govt for being in 'denial' on impact of air pollution on mortality
Congress general secretary Jairam Ramesh condemned the Modi government for denying air pollution's significant mortality impact. He referred to a FICCI-EY report indicating around 2 million death cases linked to pollution in 2023. The report urges reforms like tightening PM2.5 and ozone standards to WHO levels for better public health. Ramesh emphasized the need for revamping the National Clean Air Programme to address these alarming issues.
Honasa Consumer shares climb 5% as Jefferies raises target price after Q2 show. Why is the brokerage bullish?
Honasa Consumer, the firm behind Mamaearth, saw a remarkable boost in its shares after revealing impressive quarterly earnings. The company recorded a nearly 87% increase in consolidated net profit for the September quarter compared to the same period last year. This surge in revenues marked the greatest growth since Honasa’s market debut. Jefferies has also upgraded its target price for the company, citing strong performance and promising future profitability.
Ramayana box office collection day 4: Ranbir Kapoor, Yash's film enters Rs 500 crore club worldwide, beats Tiger 3
Since its release on November 5, Ramayana: Part 1 has dominated the box office, amassing an impressive Rs 56.15 crore on its fourth day, bringing its Indian total to Rs 285.20 crore. With an additional Rs 45 crore from international markets, the film's global earnings have soared to Rs 499.20 crore, smashing the Diwali record previously set by Tiger 3.
Emmanuel Macron, Mark Carney, Anthony Albanese, leaders from across the world call for peace, prosperity on Diwali
World leaders, including Emmanuel Macron and Anthony Albanese, extended warm Diwali greetings, celebrating the festival's message of joy and unity among diverse communities. The festivities were marked in India along with vibrant celebrations in Canada, Australia, and the UAE. Additionally, Thailand's Amazing Thailand Grand Diwali Festival showcased the richness of cultural diversity, symbolizing the enduring ties of the global Indian diaspora.
Manipur government releases Rs. 5.88 crore as festival relief for 58,863 IDPs
The Government of Manipur released Rs. 5,88,63,000 to assist 58,863 Internally Displaced Persons for festive celebrations. This financial assistance amounts to Rs. 1,000 per eligible individual and was transferred through Direct Benefit Transfer. The funds were allocated to Deputy Commissioners in ten districts for timely distribution after verification. Yumnam Khemchand Singh expressed gratitude for the government's efforts and extended Diwali greetings to citizens.
PM Modi to visit soldiers this Diwali, continuing annual tradition; extends greetings to nation
Prime Minister Narendra Modi shared Diwali greetings with citizens across India, emphasizing the festival's commitment against evil. He expressed that the nation is beautifully lit up as people celebrate the festival. Modi shared his tradition of visiting soldiers during Diwali, which he continues each year. He conveyed his wishes for everyone to have a prosperous time during the festival. The Prime Minister's annual message reflects his enthusiasm for the celebration.
Diwali Patakha from China: The world's fireworks capital is reinventing its centuries-old industry
Liuyang in China's Hunan province is a significant hub for global fireworks production. The county supplies around 60% of the domestic fireworks market and 70% of exports. This industry has evolved to incorporate advanced technology, like digital ignition and AI. Although safety measures have improved since past catastrophic incidents, risks still exist.
Quick commerce emerges beyond Diwali shopping panic to breathe on the necks of e-commerce giants
Quick-commerce platforms in India are increasingly including fashion, beauty, and gifting items for Diwali shopping. Myntra and Amazon are experiencing significant growth in orders and customer engagement during the festive season. Quick-commerce is projected to account for a larger share of online retail, boosting convenience for consumers. The demand for immediate shopping solutions is prompting a shift in purchasing behaviours.
Winning at Diwali gifting: Ditch the mithai, bring on the bling
Diwali is celebrated with vibrant decorations, festive gatherings, and traditional rituals in India this year. Businesses are experiencing a significant increase in online sales leading up to the holidays. Families gather to enjoy rich cultural customs and unique gifting practices during this festive season. Various products, ranging from gold coins to luxury home items, are popular during this time.
Ramayana box office collection day 1: Ranbir Kapoor, Yash-starrer fails to beat Adipurush and Dhurandhar 2 in India. Earns Rs 77 crore
Ramayana Part 1 made its global debut on November 5, receiving a mix of audience and critic reviews. The film raked in a first-day net collection of Rs 77.50 crore in India, showing strong performance against top Bollywood releases. Although it didn't exceed the opening day figures of Jawan, Adipurush and Dhurandhar 2.
From India to Dubai: Why investors may be watching Dubai South's booming property market: Anarock study
Dubai South’s residential market is seeing rapid growth, with home sales in the first eight months of 2026 already surpassing the full-year 2025 total. Demand is increasingly concentrated in studios and one-bedroom apartments, making investments more accessible despite rising prices per square foot. However, heavy reliance on off-plan sales and a large supply pipeline could pressure demand and rental yields.
Happy polluted Diwali! Get ready for severe air pollution as AQI monitoring agency sounds warning this year
Delhi AQI News: Get ready for severely polluted Delhi this year as the national capital is likely to face severe air pollution this year, with AQI forecast to cross 400. Stubble burning, firecracker emissions and unfavourable weather conditions could worsen the capital's air quality, raising concerns about another post-Diwali pollution spike.
Delhi vehicle registrations hit 2026 high ahead of Diwali
Vehicle registrations in Delhi rose by 8.67% month-on-month to reach 91,153 in October 2023. Two-wheelers constituted a large percentage of the registrations, while car registrations saw a sharper month-on-month increase. The festive season, especially around Dhanteras and Diwali, influenced buying trends significantly this year. Electric vehicle registrations also grew substantially, indicating a shift towards sustainable transport. November's data will be critical in understanding ongoing vehicle purchase trends.
New York woman wanted American children to experience Diwali. How a mother's rangoli kits became a funded business
Indian American businesswoman Akriti Babaria established Kulture Khazana to enhance the visibility of Diwali and Indian cultural customs in the US. What started as an idea at a kitchen table has expanded into a toy brand serving more than 45,000 families, schools, and organizations, familiarizing American children with Indian festivals via books, rangoli kits, puzzles, and crafts.
Raj Thackeray's MNS cancels Dipotsav in Mumbai over drought, urges restraint during Diwali
Maharashtra Navnirman Sena chief Raj Thackeray announced the cancellation of Dipotsav this year to address the severe drought. He urged the citizens to celebrate Diwali mindfully in light of the challenges faced by farmers. The state government declared 85 percent of Maharashtra drought-hit following inadequate rainfall. An interim aid of Rs 5,000 has been announced for affected farmers before the festival.
Jailer 2 box office collection day 20: Can Rajinikanth's film reach the Rs 1000 crore mark worldwide?
Jailer 2 was released on October 15 and has shown impressive box office performance throughout its run. The film, starring Rajinikanth, is heading toward reaching the Rs 850 crore mark. So far, it has earned a significant amount both domestically and internationally. It will face competition from new releases during the upcoming Diwali weekend. Read on to know how much it earned on day 20 in India.
36-48 months of salary as Diwali bonus, rumours or true? Micron's bonanza to Indian employees confirmed by techie
Micron employees in India are reportedly receiving massive Diwali bonuses, with some payouts allegedly running into several times their annual salaries. Reddit discussions and posts on X have highlighted claims of employees receiving lakhs in cash and additional stock awards. One recently hired employee reportedly received Rs 12 lakh in cash and Rs 8 lakh worth of RSUs against an annual package of Rs 7-8 lakh.
India’s illegal gold imports surge 1,500% after tax hike
India's illegal gold imports surged dramatically in the third quarter of 2023, reaching 50 metric tons. This rise is attributed to the government's recent duty hike on gold and silver imports. The increase in informal shipments is linked to previous tax increases that incentivized smuggling and cash sales. Gold demand typically rises during major festivals, though year-on-year metrics indicate a decline.
Indian auto's real test lies ahead after firecracker start to festive season
India’s passenger vehicle dispatches crossed the 5-lakh mark for the first time in October, with wholesales estimated to grow 13-15% year-on-year to 5.25-5.3 lakh units. Maruti Suzuki and Hyundai reported record monthly sales, while commercial vehicle makers also posted strong growth.
How Indian investors’ portfolios are changing: From property and gold to SIPs and ETFs
Indian households are re-evaluating their asset allocations as gold holdings rise and equity investments remain stable. Recent data reveals a significant increase in household wealth, particularly in gold and real estate. Households are moving from traditional savings to market investments, notably through systematic investment plans. Meanwhile, financial behaviors are changing, with more monthly contributions being made to equities.
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