Indian economy

18 Oct

Dhanteras Sales Touch ₹1 Lakh Crore as Indians Splurge on Gold, Silver Despite Record Prices

Rajeev Sharma0 CommentsBusinessCAIT, Dhanteras 2025, Diwali spending, Gold Prices, Indian economy, silver sales

New Delhi, October 18, 2025: Indian consumers spent an estimated ₹1 lakh crore during this year’s Dhanteras festival, marking one of the highest festive spending sprees in recent years. According to the Confederation of All India Traders (CAIT), the surge was driven largely by strong demand for gold and silver, even as prices hit historic highs.CAIT reported that bullion sales alone contributed ₹60,000 crore to the total, showing a 25% increase compared to last year. Gold prices soared nearly 60% year-on-year to cross ₹1,30,000 per 10 grams, yet jewellery markets across India witnessed an unprecedented rush.“The past two days have…

30 Jun

Indian Economy Stays Robust Amid Global Uncertainty, Says RBI

Rajeev Sharma0 CommentsBusinessFinancial Stability Report, Indian economy, Reserve Bank of India

New Delhi, June 30, 2025 — The Indian economy continues to stand out as a key driver of global growth, buoyed by strong macroeconomic fundamentals and prudent policy measures, the Reserve Bank of India (RBI) stated on Monday in its bi-annual Financial Stability Report (FSR).Despite heightened global economic and trade policy uncertainties, which have put the resilience of the world economy and financial systems to the test, India’s financial sector remains stable, the central bank said.“Financial markets remain volatile, especially core government bond markets, driven by shifting policy and geopolitical environment. Alongside, existing vulnerabilities such as soaring public debt levels…