Dhanteras

Dhanteras 2025: Festive trade likely to cross ₹1 trillion, says CAIT

Gold and silver sales alone are estimated at ₹60,000 crore; strong demand for Indian-made products boosts festive spending

Maruti Suzuki to cross 50,000 Dhanteras deliveries; Hyundai up 20%

In the month following the GST relief, Maruti Suzuki has seen over 450,000 bookings and 325,000 retail sales, signalling strong post-reform demand

GST cuts boost spending; festive, wedding season sales to cross ₹7 trn

The Centre said that the timing of the GST cuts just before the festival and wedding season proved ideal, boosting consumer sentiment across sectors

PM Modi greets nation on Dhanteras festival, wishes health and prosperity

Prime Minister Narendra Modi on Saturday greeted the nation on Dhanteras, the festival that marks the beginning of Diwali celebrations. "Many happy Dhanteras wishes to all my family members across the country. On this auspicious occasion, I wish everyone happiness, good fortune, and health, Modi said in a post in Hindi on X. May Lord Dhanvantari shower his bountiful blessings on everyone, the prime minister said. Dhanvantari Trayodashi, commonly known as Dhanteras, is considered the first day of Diwali and celebrated on the 13th lunar day of the Krishna Paksha (waning period of the moon) of the Hindu calendar's Ashwin month. Dhanteras is considered the most auspicious day in the Hindu calendar for buying items, ranging from precious metals like gold and silver to utensils.

Why Dhanteras remains India's biggest gold-buying day despite record prices

As gold prices peak, Indian households still spend big on Dhanteras, showing how faith and finance continue to shape the country's festive buying patterns

Happy Dhanteras 2025: Wishes, messages to share with your friends & family

Dhanteras will be celebrated on Saturday, October 18, honouring Goddess Lakshmi and Lord Kuber with prayers and the Pradosh fast - seeking prosperity, wealth, and good fortune

Bullion over bling: Dhanteras buyers rush for coins, bars as gold soars

In Mumbai's bustling jewellery district, stores are packed, with many customers coming in to buy or book gold and silver coins and bars as both festival and investment purchases

Dhanteras 2025: When is Dhantrayodashi? Know date, significance and rituals

Dhanteras marks the beginning of Diwali. On this day, people buy gold,silver, or utensils to seek blessings from Lord Kubera and Goddess Lakshmi for wealth, prosperity, and good fortune

Gold, silver ETF volumes up 5-fold in Dhanteras compared to last year

Gold and silver ETFs from Nippon India Mutual Fund, the largest in the category, alone recorded a combined volume of Rs 228 crore

Dhanteras special: RBI brings home 102 tonnes of gold; here's why

According to the RBI's latest report on foreign exchange reserves, as of the end of September, the central bank holds 855 tonnes of gold, with 510.5 tonnes now stored domestically

Delhi Metro changes schedule for Diwali; last train to commence at 10 pm

To manage the expected increase in passengers during the festive period, the DMRC added 60 extra trips on Tuesday and Wednesday

Gold sparkles less this Dhanteras, silver shines; digital buying picks up

Conservative buyers gravitated toward Shagun coins, while younger ones chose lightweight or 18k jewellery

Dhanteras 2024: Amazon India sees 5-fold jump in sales in luxury fashion

Sales of premium watches jump 6-fold during the ongoing festival season

Gold demand strong as import duty cut boosts Dhanteras buying: MMTC-PAMP

The gold demand in the country has strengthened during the key festival of Dhanteras, buoyed by a recent reduction in import duties and traditional buying patterns, a senior MMTC-PAMP official said on Tuesday. "The market sentiment for gold remains robust this Dhanteras season, with sustained demand for our pure gold products," MMTC-PAMP Managing Director and CEO Vikas Singh told PTI. The reduction in import duty from 15 per cent to 6 per cent has amplified festival season purchases, with consumers showing a strong preference for high-purity gold products, he said. "Customer preference for quality and purity continues to be a key driver in purchase decisions, particularly for our 24K gold products with 99.99 per cent + purity," Singh added. The positive momentum is expected to continue into the upcoming wedding season, which traditionally accounts for approximately half of India's annual gold consumption, Singh said. He noted that beyond seasonal factors, gold demand benefits from

Dhanteras festivities spark Rs 60,000 cr sales; China faces Rs 1.25 tn loss

This festive season, traditional markets like Chandni Chowk are bustling with buyers, particularly for gold, silver, and brass items, with gold sales alone estimated at Rs 20,000 crore

Dhanteras 2024: History, traditions, and what to buy for good fortune

Dhanteras is traditionally seen as highly auspicious for purchasing gold, silver, and valuables to welcome wealth and fortune into homes

BigBasket, Blinkit, Swiggy deliver gold, silver in 10 min this Dhanteras

Dhanteras 2024: Quick commerce platforms are offering 10-min delivery of gold from major jewellers including Tanishq and Malabar amid the festive rush

Dhanteras begins on slow note; jewellers expect footfalls to rise

Dhanteras has begun on a slow note and jewellers expect footfalls to pick up and sales to increase even as the high gold price is likely to dampen the festive demand for the yellow metal. "Being a weekday we are seeing few footfalls in the morning hours as people are going to attend office. However, we are expecting the rush from afternoon, that is 2-2.30 pm, till late evening," All India Gem And Jewellery Domestic Council chairman Saiyam Mehra told PTI. He said, volume-wise sales will be impacted due to the ruling high gold prices and expect to do business either 5 per cent lower than last year or same as last year this Dhanteras, which is considered an auspicious day for purchasing precious metals, gold and silver jewellery. "We are expecting 20 tonnes of sales this Dhanteras, which is the same as last year, however, higher gold prices may impact the sales," he added. Gold prices fell Rs 400 to Rs 81,100 per 10 grams in the national capital on Monday. The precious metal of 99.9 p

Dhanteras gems and jewellery sales may cross Rs 30K cr amid rising prices

Dhanteras and Diwali demand for gems and jewellery this year is anticipated to remain strong despite rising prices, with Diwali sales potentially crossing Rs 30,000 crore in the domestic market, according to industry experts. Price hikes in precious metals are prompting consumers to view gold as a reliable asset, while silver is gaining popularity among people due to its relatively lower price and high industrial demand. Some experts estimate sales growth in value terms of 10-15 per cent year-on-year this Diwali across the country, though there may be a dent in volume. Silver has emerged as the top performer with returns exceeding 40 per cent, followed by gold at 23 per cent, significantly surpassing stock market benchmark returns. Eastern Regional Chairman of the Gems & Jewellery Export Promotion Council (GJEPC) said, Gold continues to shine due to global uncertainties and geopolitical conditions, while silver is drawing substantial interest as an affordable option. The Council .

Gold ETFs inflow up amid rising prices ahead of Dhanteras: ICRA Analytics

Inflows in Gold Exchange Traded Funds (ETFs) witnessed a surge in the current calendar year, amid gains in yellow metal prices ahead of Dhanteras. Inflows into these funds have increased by nearly 88 per cent since the beginning of 2024, totalling Rs 1,232.99 crore in September, ICRA Analytics said in a statement. Gold prices advanced Rs 450 to hit another record of Rs 79,350 per 10 gram in the national capital on Thursday on the back of continued buying by jewellers and stockists, according to the All India Sarafa Association. Investors are drawn to gold ETFs due to their liquidity, transparency and global price alignment, which remains firm due to geopolitical headwinds. Concerns about physical gold storage, purity and theft have also contributed to the growing interest in such funds, ICRA said. According to ICRA Analytics Senior Vice President and Head Market Data, Ashwini Kumar, the US Federal Reserve's potential interest rate cut in the coming months is further boosting the .