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Gold imports up 40.79 pc to USD 2.68 bn in Jan

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The country’s gold imports in January rose by 40.79 per cent to USD 2.68 billion on account of increasing domestic demands, according to commerce ministry data.Gold imports stood at USD 1.9 billion in January 2024.Cumulatively, imports during April-January this fiscal year rose 32 per cent to USD 50 billion against USD 37.85 billion in the same period last fiscal year.

The increase in imports also indicates strong investor confidence in the precious metal as a safe asset. The other reasons include asset diversification towards gold due to global uncertainties, increasing demand from banks, and cut in customs duties.Prices of the yellow metal have increased 11 per cent so far this year to ₹88,200 per 10 gram in the national capital.

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Novel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC

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Tanvi Group successfully inaugurated NPIM 2026, India’s biggest Pre-IIJS exclusive jewellery preview, at the Bharat Ratnam Mega CFC, SEEPZ, Mumbai, bringing together leading jewellers, manufacturers and industry professionals under one roof.

The inauguration ceremony was graced by Aneesh H. Kumarr, Head – New Product Development, Novel Jewels, attended as the Chief Guest and officially inaugurated the event in the presence of Bipin Viradiya, Founder & Chairman, Tanvi Group & Family, and other industry dignitaries.

NPIM 2026 showcased an impressive range of new product innovations and exclusive jewellery collections from YUG, AARU, and Tanvi & Co. The preview offered visitors an early glimpse into the latest trends and designs set to make an impact at the upcoming IIJS Bharat Premiere 2026 exhibition.

The successful inauguration reaffirmed Tanvi Group’s commitment to creating a strong platform for innovation, business networking and industry growth ahead of one of the country’s largest jewellery trade exhibitions.

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