National News
Gold discounts in India widened this week to their highest point in nearly eight months
Gold discounts in India widened this week to their highest point in nearly eight months, as a surge in prices to a record high dampened demand, while customers in other key hubs also remained on the sidelines. Indian dealers this week offered a discount of up to $39 an ounce over official domestic prices, including 6 per cent import and 3 per cent sales levies, up from a discount of $10 to $21 last week.
Indian dealers this week offered a discount of up to $39 an ounce over official domestic prices, including 6% import and 3% sales levies, up from a discount of $10 to $21 last week.
“Jewellers are not keen on building high-cost inventory at the end of the financial year, as they are busy closing accounts,” said a Mumbai-based dealer with a bullion-importing bank. India’s financial year runs from April until March 31.
India’s gold imports are set to tumble 85% in February from year-ago levels, reaching their lowest levels in 20 years, as demand is dampened by record-high bullion prices.
In China, the world’s largest consumer, gold traded at a discount of $1 to an $18 premium over spot prices. Meanwhile, dealers in Hong Kong charged premiums ranging from par to $2 per ounce.In Japan, bullion was sold between a discount of $3 and a premium of $0.5, a trader said. In Singapore, gold traded between a $0.50 discount and a $3 premium
National News
Aspiri Honoured With “Upcoming Franchise Opportunity Of The Year – Jewellery” Award
- Recognising the brand’s innovative retail approach, strong franchise proposition, & potential to create a new benchmark in the evolving jewellery retail landscape.
- The recognition marks an important milestone in Aspiri’s journey as the brand continues to expand its presence by bringing together the legacy of jewellery craftsmanship with a modern, lifestyle-focused retail experience.
Aspiri, the retail jewellery brand from Hastmilap Pvt. Ltd., has been honoured with the prestigious “Upcoming Franchise Opportunity of the Year – Jewellery” award, recognising the brand’s innovative retail approach, strong franchise proposition, and potential to create a new benchmark in the evolving jewellery retail landscape.
The recognition marks an important milestone in Aspiri’s journey as the brand continues to expand its presence by bringing together the legacy of jewellery craftsmanship with a modern, lifestyle-focused retail experience.


The recognition further validates Aspiri’s vision of building a strong and scalable franchise ecosystem. Through its franchise model, the brand aims to empower partners with a differentiated jewellery proposition backed by design expertise, merchandising support, operational guidance, and a strong brand foundation.
The recognition strengthens Aspiri’s position as an emerging jewellery retail brand with a clear roadmap for growth. As the brand continues its expansion journey, Aspiri remains focused on creating a strong franchise network, delivering differentiated customer experiences, and shaping the future of accessible luxury jewellery retail.
Aspiri’s franchise approach focuses not only on expansion but on creating a consistent brand experience across markets. From store selection and design support to marketing, merchandising, and operational assistance, the brand aims to build long-term partnerships with entrepreneurs looking to participate in the growth of India’s organised jewellery retail sector.
Speaking about the achievement, Mr. Vishal Dholiya, Founder & Managing Director, Aspiri, said:

“This recognition is a proud moment for us as it reflects the vision behind Aspiri, to create a jewellery brand that combines craftsmanship, innovation, and accessibility. Over the years, we have understood that the future of jewellery lies in creating experiences that connect with evolving consumer aspirations. Through Aspiri, our aim is to bring a fresh perspective to jewellery retail while creating meaningful opportunities for our franchise partners. This award reinforces our belief in the brand’s potential and motivates us to continue building a strong retail presence across markets.”
Built on the foundation of Hastmilap’s expertise in jewellery manufacturing and design, Aspiri represents the next step in the brand’s evolution – moving from creating exceptional jewellery to building a consumer-facing retail ecosystem. With a focus on fashion-forward designs, premium gold vermeil jewellery, lab-grown diamonds, and natural diamonds, Aspiri aims to bring stylish, accessible, and contemporary jewellery experiences closer to today’s consumers.
Aspiri has been created to cater to the changing mindset of the consumers by offering jewellery that blends elegance, affordability, and modern design sensibilities – allowing customers to experience luxury beyond traditional occasions.
With its positioning as a youthful and contemporary jewellery brand, Aspiri aims to redefine everyday luxury by creating collections that are designed for the modern Indian consumer from professional settings and everyday wear to celebrations and special occasions.
About Aspiri
Aspiri is the retail arm of Hastmilap Pvt. Ltd., created with the vision of bringing a fresh, youthful, and contemporary jewellery experience to today’s style-conscious generation. The brand specialises in fashion-forward jewellery crafted in gold vermeil on silver, lab-grown diamonds, and natural diamonds, offering designs that are made to complement everyday style, celebrations, and modern lifestyles. Backed by Hastmilap’s expertise in jewellery manufacturing, Aspiri combines craftsmanship, innovation, and trend-driven design to make premium jewellery experiences more accessible. With a focus on curated collections and franchise-led expansion, Aspiri is building a retail ecosystem that connects customers and entrepreneurs with a new-age jewellery brand.
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