National News
Indian Gold ETF investments surge in October amid global outflows
Investments in physically backed gold exchange-traded funds (ETFs) by Indian investors were the third highest globally in October, even as major Western markets such as the UK and Germany saw sustained outflows, according to the latest data from the World Gold Council.
From January 1 to October 31, India emerged as the fifth-largest contributor to global gold ETF inflows. Notably, October proved to be a pivotal month, accounting for nearly one-third of India’s total inflows for the period. As of November 7, Indian gold ETF holdings had reached $2.91 billion, supported by a strong monthly inflow of $849.8 million in October.
However, preliminary data for November suggests a shift in sentiment across key markets. In the first week of the month, US gold ETFs registered outflows worth $77.6 million, while investors in other regions collectively withdrew $38.3 million. Comparable figures for Indian ETFs during this early-November window have not yet been reported.
According to the WGC, physically-backed gold exchange-traded funds are an important source of gold demand, with institutional and individual investors using them as part of well-diversified investment strategies.Investments in gold in various forms have increased over the past two years on rising geopolitical crisis and uncertainty over trade wars, particularly between the US and other nations such as China, Brazil and Canada.
National News
Hari Krishna Group Turns Anniversary into Contribution: 459 Units Donated, Total Blood Collection Reaches 21,863
On its 13th anniversary, Hari Krishna Exports Pvt. Ltd. reinforces its commitment to social responsibility with a landmark blood donation drive and preventive healthcare initiative in Mumbai.
Hari Krishna Exports Pvt. Ltd. (HK), a globally recognised diamond manufacturing company known for ethical sourcing and transparency, celebrated its 13th anniversary at The Capital, Bandra Kurla Complex (BKC), Mumbai, with a strong commitment to social responsibility and sustainable impact.
For the past 13 consecutive years, the company has marked its anniversary by organising a blood donation drive, reflecting its belief that true growth is measured by the positive difference made to society. Continuing this meaningful tradition, this year’s drive resulted in the collection of 459 units of blood, taking the organisation’s total contribution to 21,863 units of blood donated till date.
In a first-time initiative, HK also organised a Blood CBC (Complete Blood Count) Check-up Camp, which received an encouraging response. A total of 162 participants registered and completed their CBC tests free of charge, promoting preventive healthcare and well-being.
The event was attended by Sabyasachi Ray, Executive Director of Gem & Jewellery Export Promotion Council (GJEPC), along with representatives from the banking sector, members of the gems and jewellery industry, employees, and well-wishers, all coming together in the shared spirit of saving lives and supporting community welfare. Qualified medical professionals ensured proper screening and safe procedures throughout the day.
Addressing the gathering, founder Ghanshyambhai Dholakia shared that sustainability for the organisation goes beyond manufacturing and selling diamonds. He emphasised that alongside business growth, the company remains committed to sustainable practices aligned with broader Sustainable Development Goals, and continuously encourages employees and industry partners to actively participate in meaningful social initiatives such as blood donation drives.
As HK steps into another year, its focus remains clear — growth with responsibility, sustainability in action, and progress that benefits both business and society.
source :Hari Krishna Exports Pvt. Ltd
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