Sutanuka Ghosal

The subdued trend followed a 15% year-on-year fall in gold sales by volume during Ganesh Chaturthi a month earlier. Jewellers are now counting on Dhanteras, a key gold-buying occasion, to revive demand.

BL Agro plans to invest Rs 7000 crore in Tanzania over the next ten years for international expansion. The company will focus on edible oils, dairy, animal husbandry, agriculture, and manufacturing. This investment aims to build an integrated ecosystem, leveraging Tanzanias agricultural resources with Indian technology.

The FMCG and food manufacturer will invest over 10 years in edible oil processing, dairy, animal husbandry and agriculture, using Tanzania as a potential gateway to East African markets.

NCDEX has launched NDEX and FINNDEX, two equity benchmarks tracking 20 large, liquid Indian stocks and 15 financial sector companies. Their multi-factor methodology incorporates market capitalisation, trading activity, beta and volatility, with semiannual rebalancing.

Titan Company's luxury brand Zoya aims to reach ₹500 crore in revenue by FY27 as India's luxury jewellery market expands. It is targeting high-net-worth individuals who seek exclusive and unique jewellery pieces over traditional options. Zoya specialises in coloured gemstones, offering intricate craftsmanship and a range of prices to appeal to affluent consumers.

On the Multi Commodity Exchange (MCX), silver futures fell ₹6,799 per kg, or 3.4%, to ₹1,92,800 per kg on Friday. Prices have plunged ₹32,955, or more than 14%, over the past 10 sessions. A recent appreciation in the rupee has provided only limited relief against the decline in international prices.

On the Multi Commodity Exchange (MCX), silver futures fell ₹6,799 per kg, or 3.4%, to ₹1,92,800 per kg on Friday.

Titan Company's luxury brand Zoya aims to reach ₹500 crore in revenue by FY27 as India's luxury jewellery market expands.

According to the World Gold Council (WGC), September purchases rose 4% from August while volumes touched 1.7 tonnes, 18% above the long-term monthly average. In January-September, digital gold purchases climbed 76% to 16.3 tonnes from 9.2 tonnes in the corresponding period last year, reflecting growing appetite for accessible gold investments.

Mochatrade has raised $5.5 million in funding to enhance its trading platform for Indian users. The platform allows users to trade US stocks without needing a US brokerage account. It also permits Indian traders to manage funds in rupees, simplifying the entire trading experience. Future plans include introducing contracts linked to pre-IPO companies and other features.