Gold jewellery sales in India plummeted by 30% recently, averaging 1,600 kg, as prices surged nearly 5%. This decline is attributed to rising gold prices, which dampened consumer demand despite an initial boost following Akshaya Tritiya.
Crude at $120 poses multi-channel risk, but demand still resilient: Aurodeep Nandi
Rising Brent crude prices and a weakening rupee are raising concerns for India’s economy. Policy interventions, including controlled fuel prices and tax reductions, are currently