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2 mins read

Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil

Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…

ANI   


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3 mins read

Paytm Q1FY25 results: Revenue from payment services plunges to Rs 900 crore, monthly transacting users in June dip to 7.8 crore

On the payment services front, the quarterly revenue stood at Rs 900 crore, while on the financial …

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4 mins read

Gold, silver import from UAE surged 210% in 2023-24; Need duty revision in FTA: GTRI

India's gold and silver imports from its free trade agreement (FTA) partner UAE have skyrocketed 21…

PTI   


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1 min read

Costco sells a surprising variety of gold and silver – we counted 17 different items

Costco has made headlines selling Swiss and South African gold bars, but its precious metals offeri…

Dominick Reuter   


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1 min read

Costco shoppers are finding it's harder to sell gold than to buy it

Gold bars have been flying off the shelves at Costco, but some buyers are discovering that selling …

Dominick Reuter   


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4 mins read

China's gold rush shows the Chinese still have money to spend they're just not into Starbucks or Gucci

Chinese consumers are holding back on discretionary purchases as its economy faces multiple headwin…

Huileng Tan   


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1 min read

Stock market today: Gold and oil spike and US futures drop after Iran comes under fire

Gold and oil prices jumped following Israel's apparent retaliation against Iran before paring gains…

Polly Thompson   


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5 mins read

No long-tail effect: Zomato banks on demand recovery in future, even as it shuts operations in 225 cities on poor performance

Food delivery platform Zomato has ceased operations in 225 smaller cities as their performance was …

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2 mins read

Price cuts mar HUL’s Q3 show, posts flat revenue and profit growth

Consumer goods major Hindustan Unilever posted a flat 0.5% growth in net profit to ₹2,519 crore in …

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2 mins read

Jewellery consumption to grow by 10-12 pc value-wise in FY24 amid rise in gold prices: Report

Jewellery consumption, in terms of value, is expected to grow by 10-12 per cent in this financial y…

PTI   


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Smuggled gold seizures rise 43% to 2,000 kg during April-September

Smuggled gold seizures have increased nearly 43% to 2,000 kilogramme during April-September, with m…

PTI   


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3 mins read

Senco Gold’s public issue subscribed 2.6X on day 2

Jewellery retailer Senco Gold's initial public offering (IPO) closed on 6 July having been subscrib…

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3 mins read

Two thirds of Senco Gold’s ₹405 crore IPO subscribed on day 1

Jewellery retailer Senco Gold's initial public offering (IPO) was 69% subscribed on its opening day…

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4 mins read

Senco Gold IPO to open on July 4; price band fixed at ₹301-317/share

Jewellery retailer Senco Gold is launching its IPO, aiming to raise ₹405 crore ($54 million) throug…

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4 mins read

Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%

Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …

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2 mins read

Russian mercenary leader Yevgeny Prigozhin's oil, gas, gold and diamond businesses generated $250 million in revenue despite sanctions, report says

One company controlled by the Wagner Group founder saw $134 million in sales from energy concession…

Filip De Mott   


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2 mins read

Sensex, Nifty50 to open on a cautious note ahead of RBI MPC announcement: Reliance Industries, Avenue Supermarts, Nykaa among stocks to watch

India’s equity markets are likely to open on a cautious note on Thursday ahead of the Reserve Bank …

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1 min read

Russia is ramping up sales of yuan from its wealth fund as oil and gas revenue weakens

The Kremlin said oil and gas revenue last month fell short of expectations by 30.6 billion rubles.

Jason Ma   


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1 min read

Rs 2,000 note withdrawal may not impact gold demand, rupee value: Expert

The decision of the Reserve Bank of India (RBI) to withdraw Rs 2,000 denomination banknotes from ci…

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4 mins read

With another wedding season ahead, analysts are upbeat on Titan

Shares of Titan rose 1.5% on Thursday after it reported strong March quarter earnings. The results …