PN Gadgil Jewellers, Maharashtra’s second largest organised jewellery player, will launch its IPO on September 10, aiming to raise Rs 1100 crore. The funds will be used for opening new stores, debt repayment, and general corporate purposes. The company has shown significant growth in revenue and profit over recent years.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per