With Akshaya Tritiya approaching, India’s jewellery and precious metals market is witnessing evolving consumer behaviour, with early purchases, design-led demand and a tilt towards investment-oriented buying emerging as key themes despite elevated gold prices. Industry expets indicate that while the festival continues to hold cultural and financial significance, buying patterns are becoming more planned and…
SBI Mutual Fund has launched two Constant Maturity Index Funds in the financial services segment, tracking short-tenor debt indices. The New Fund Offer (NFO) opens on April 15 and will close on April 20. The schemes include the SBI CRISIL-IBX Financial Services 3–6 Months Debt Index Fund and the SBI CRISIL-IBX Financial Services 9–12 Months…
Gold and silver prices in the international market moved higher on Wednesday (April 15), supported by a softer oil price environment and improving global risk sentiment amid expectations of renewed US-Iran talks. COMEX gold rose 0.41% to $4,869.90 per ounce. Silver outperformed, gaining 1.22% to $80.50 per ounce, with prices nearing session highs. The uptick…
Investors in Sovereign Gold Bonds (SGB) 2019-20 Series V are set to realise gains of about ₹11,221 per unit on premature redemption due on Wednesday (April 15), based on the notified redemption price of ₹15,009. The tranche was issued on October 15, 2019, at ₹3,788 per unit, implying a return of nearly 296% over the…
The staff side of the National Council–Joint Consultative Machinery (NC-JCM) has submitted a detailed 51-page memorandum to the proposed 8th Central Pay Commission, outlining a set of revisions to salaries, allowances and pay structures for central government employees and pensioners. In its recommendations, the body has proposed a minimum basic pay of ₹69,000, based on…
Investors poured ₹31,561 crore into gold exchange-traded funds (ETFs) in the March 2026 quarter, marking an almost six-fold jump from ₹5,654 crore a year earlier. Sequentially, inflows rose 36% to ₹23,132 crore, reflecting sustained investor interest through the quarter even as monthly momentum eased towards the end. In March, gold ETFs recorded net inflows of…
360 ONE Asset on Tuesday (April 14) said it has secured commitments worth ₹2,000 crore for its private investment in public equity (PIPE) strategy, indicating investor interest in structured investments in listed companies. The firm said the strategy focuses on investing in publicly listed companies and late-stage opportunities through negotiated transactions such as block deals…
India’s retail trading activity moderated in FY26, with the number of active clients on the National Stock Exchange (NSE) declining 7% year-on-year. Active client accounts fell from 4.92 crore in March 2025 to 4.57 crore in March 2026, a drop of nearly 35 lakh accounts. The decline persisted through much of the year, with several…
The Wealth Company Mutual Fund, part of Pantomath Group, has announced the launch of a specialised investment fund (SIF) named ‘WSIF’, marking its entry into a relatively new category within India’s mutual fund landscape. The new fund offer (NFO) will open on April 15 and close on April 29. The fund will offer two strategies:…
With Akshaya Tritiya set to be observed on April 19, India’s jewellery industry is likely to see steady to moderately strong demand this festive season, even as elevated gold prices continue to shape consumer behaviour. Industry experts indicate that while high prices may weigh on volumes, overall demand in value terms could remain stable, supported…
