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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.
Lower prices add glitter to Dhanteras gold sales
Fresh impetus to festive buying was seen as gold prices corrected, boosting jewellery sales on Dhanteras. Sales volume increased by 8-10% and value growth reached 18-20% compared to last year. Consumers in both metros and smaller cities showed significant demand for lightweight jewellery, coins, and smaller-ticket purchases. Jewellers reported a surge in footfalls and sales, particularly in traditional and diamond pieces.
Jewellers report brisk Dhanteras sales as gold price drop lures buyers; volumes seen flat
Volumes, however, are likely to remain roughly flat from a year earlier because prices are still well above last year's levels, said Rajesh Rokde, chairman of the All India Gem and Jewellery Domestic Council (GJC).
Gold taxation explained: How much tax you pay on selling physical gold, ETFs, fund of funds and SGBs
Tax on capital gains from gold investment: Investing in gold can yield gains, but investors must be informed about the associated tax liabilities. Different types of gold investments, including physical gold, ETFs, and FoFs, have varying tax implications. Gold held for less than 24 months generates short-term capital gains, while long-term gains apply to gold held longer. Sovereign Gold Bonds (SGBs) have specific tax exemptions if held until maturity, which investors should note.
Dhanteras gold, silver sales may rise 10% despite buyers opting for lighter jewellery: AIJGF
Sales of gold and silver jewellery for Dhanteras are expected to rise approximately 10% this year. The All India Jewellers and Goldsmith Federation predicts a sales figure of around Rs 66,000 crore. Consumers are opting for lighter jewellery due to elevated prices while managing their budgets. Despite the increase in value, total quantities sold may remain below last year’s levels.
Diwali Abroad 2026: How NRIs in the US, UK and Gulf Are Keeping Indian Traditions Alive Thousands of Miles From Home
Diwali 2026 is bringing Indian communities together across the US, UK and Gulf, with celebrations ranging from Times Square and London's Trafalgar Square to Dubai's Festival of Lights and temple gatherings in Abu Dhabi. As November 8 approaches, NRIs are marking the festival through cultural performances, traditional food, diya lighting, family pujas, festive shopping and community events. Here is how the Indian diaspora is celebrating Diwali abroad this year.
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Apple’s robust India quarter; Giva’s $100 million funding
Apple posted record sales in India in the September quarter. This and more in today’s ETtech Top 5.
Physical gold vs gold ETF: Which can be more tax-efficient for investors?
During Diwali, many choose to invest in gold due to its cultural significance and potential financial returns. It's crucial to grasp the tax implications when deciding between physical gold and gold ETFs. Purchasing physical gold triggers GST and varied capital gains taxes depending on how long it's held. Conversely, gold ETFs offer more favorable conditions for capital gains. Investors need to weigh their goals to make the best choice.
Buying gold on Dhanteras? 7 things you must check before paying the jeweller
Buying gold on Dhanteras and Diwali is a significant tradition observed in many Indian households. It is essential to check several factors, including purity, weight, and gold rates, before making a purchase. Understanding making charges and the jeweller’s buyback policy can also affect the decision.
How jewellers calculate gold jewellery price: This formula reveals the final bill - Don't ignore these costs
Gold jewellery price calculation: Gold jewellery is available in different purities, including 22KT, 18KT and the increasingly popular 9KT, with higher karatage indicating greater gold content. The gold value is calculated by multiplying the net weight by the applicable per-gram rate for its purity. However, know that diamonds are priced separately. Their value depends on the 4Cs: carat weight, cut, colour and clarity.
Sold property? You may pay zero tax if these Section 82 rules under Income Tax Act 2025 are met
For Tax Year 2026-2027, Income Tax Act, 2025 is applicable and this means you need to be versed with the renumbered Sections in order to continue your financial plan as usual. If you want to claim income tax exemption on selling property then note that Section 54 is now renumbered as Section 82 of the Income Tax Act, 2025.
Weak returns at home fuel India's overseas retail investing boom
Indian retail investors are increasingly venturing into global markets, significantly boosting their overseas investments. In response, domestic asset managers are introducing new funds to meet the rising demand for international exposure. With the Reserve Bank of India's limits on overseas investments nearing their cap, many investors are exploring tax-friendly locations like GIFT City.
Gold demand gains traction as market enters key festive & wedding season
Bar and coin demand, meanwhile, has reportedly moderated as price momentum has eased, tempering some of the investment-related buying seen during the earlier price rally.
Weak domestic returns fuel India's overseas retail investing boom
Indian investors are turning to global funds as domestic market performance remains weak and opportunities abroad increase. A surge in overseas investments, particularly in AI-related assets, has been noted recently. Fund managers are launching various international funds to cater to this growing demand. Regulatory limits on overseas investments are in place, but tax-neutral hubs offer solutions.
Indian office boy, 3 other expats from Kerala, Mumbai and Bengaluru win 200g gold bars worth Rs 23 lakh each in Abu Dhabi lottery
An Indian office boy based in Bahrain is among four Indian expatriates who have each won a 200-gram, 24-carat gold bar in Abu Dhabi’s Big Ticket October e-draw. Aruna Krishnappa Kidiyoor, Jijoy Viswan, Sadathulla Sharief and Manisha Harshal Kasat are the winners. Here is what they plan to do with their prizes, how much the gold bars are worth and how eligible participants can buy Big Ticket tickets from India.
The age-old business of liberation & salvation
Moksa, or spiritual investment, mirrors historical practices like indulgences sold by the Church five centuries ago. Islamic finance offers similar concepts, rebranding interest-based transactions while still capitalizing on profit. In India, wealth managers curate portfolios aligned with moral principles while sidelining ethical considerations about labor. Temple towns, including Tirupati, create systems where money enhances access to religious experiences for the wealthy.
Surging gold prices take sheen off jewellery sales in festive season
The subdued trend followed a 15% year-on-year fall in gold sales by volume during Ganesh Chaturthi a month earlier. Jewellers are now counting on Dhanteras, a key gold-buying occasion, to revive demand.
China export ban hits tungsten, crucial metal for defence, industry
Tungsten prices have reached record highs since China imposed export restrictions in mid-2025. Manufacturers are now forced to explore alternative supply sources to meet rising demand for tungsten. This metal is crucial for various industries, including aerospace, automotive, and defense. Several global projects are being initiated to extract and recycle tungsten, aiming to reduce dependence on China.
PC Jeweller shares soar 26% in just two sessions. Here’s what’s triggering the sharp surge
PC Jeweller shares rallied 26% in two sessions after Cupid promoter Aditya Kumar Halwasiya bought 5.10 crore shares worth Rs 73.60 crore. The jewellery maker recently repaid its dues to 14 consortium banks, achieving debt-free status ahead of schedule.
PC Jeweller, Shanti Gold & other jewellery stocks rally up to 10%. Here's why
Jewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses temporarily restricted fresh subscriptions to gold ETF Fund of Funds. With the festive and wedding season approaching, analysts expect resilient gold demand, while organised retailers could benefit from market share gains.
Beyond Titan and Kalyan: Analysts pick these jewellery stocks as potential market winners. Do you own any?
As the festive season approaches, India's gems and jewellery sector braces itself for an influx of consumer demand. Analysts believe that sustained purchases tied to weddings could boost sales, even amid rising gold prices. While Titan Company and Kalyan Jewellers remain prominent, Senco Gold and Lalithaa Jewellery Mart are capturing investor interest.
Titan Jewellery CEO Arun Narayan bullish on festive demand, but watchful on rural trends
Titan Jewellery division CEO Arun Narayan expects a strong festive season, with Tanishq’s new Dhanteras collection, Adhyantara, catering to consumers balancing high gold prices against their desire to buy jewellery. More than 50% of Tanishq’s store transactions now involve gold exchange, helping reduce dependence on fresh bullion.
India’s hidden gold chest is giving imported bullion a run for its money
Soaring gold prices are prompting Indians to exchange old jewellery for new designs this festive season rather than cut back on purchases. Old-gold exchanges now account for over 50% of transactions at Tanishq, more than 55% of sales at Kalyan Jewellers and 73% at Joyalukkas in August.
Jewellery stocks ahead of festive season: Can Q2 deliver sustained growth amid rising rates, bond yields?
Indian jewellery stocks present a mixed picture ahead of the festive season. Despite rising gold prices and macro headwinds, Q2 business updates show robust revenue growth. With the festive calendar shifting demand to Q3, analysts weigh in on valuations, earnings trajectory, and top stock picks for H2FY27.
Gold buying picks up after price correction, but shoppers prioritise affordability
Gold prices have fallen nearly 4% in a month to around Rs 1.47 lakh per 10 grams from Rs 1.53 lakh, prompting selective buying ahead of the festive and wedding season. Consumers are increasingly opting for lightweight and studded jewellery, lower-carat designs and old-gold exchanges to manage costs while balancing affordability and style.
Gold prices rise Rs 1,500/10g; silver up Rs 3,100/kg ahead of US economic data, softer yields. Buy, sell or hold?
Gold and silver prices gain on MCX as a weaker US dollar and easing Treasury yields support bullion. Investors assess inflation risks and the Federal Reserve’s rate outlook, while traders track key support and resistance levels.
Malabar Gold in Pakistan drama: Indian jewellery brand makes surprise appearance in Dar-e-Nijaat, netizens react
An Indian jewellery brand spotted during Abu Bakr and Zaryab’s nikah in Pakistani drama Dar-e-Nijaat has caught viewers’ attention online. Clips of the wedding scene circulated on Instagram, prompting users to discuss the Indian jewellery brand’s appearance and check whether it has an authorised presence in Pakistan. Some viewers also praised the jewellery designs seen in the scene.
No drama but no handshakes either in India-Pakistan Asiad cricket final
India triumphed in the Asian Games cricket final, defeating Pakistan by 19 runs to secure their gold medal once more. The match proceeded with remarkable sportsmanship, as both teams placed their emphasis on cricket, avoiding the customary handshakes that are often clouded by rivalry. Pakistan earned silver and Sri Lanka claimed bronze, with the medal ceremony unfolding without any disruptions from the surrounding political climate.
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