For the first time in a decade, excluding the Covid-affected FY21, India’s two largest jewellery chains, Tata-owned Tanishq and Reliance Retail, reported declines in consumer deposits for deferred gold jewellery purchase schemes during the last financial year. With gold prices continuing their steady climb, industry executives warn the pressure on sales volumes will intensify. Titan’s deposits through Tanishq dropped 19% to ₹3,458 crore in FY25, while Reliance Retail, which runs Reliance Jewels, saw a 5% decline to ₹333 crore.
Dense Fog Disrupts Operations at Delhi Airport, over 140 Flights Cancelled and 150 Delayed
Operations at Delhi’s Indira Gandhi International Airport (IGIA) were severely affected on Wednesday due to dense fog and extremely low visibility. Airport officials reported that at least 148 flights were cancelled and...
