National News
JOS ALUKKAS Announces Special Offers for Akshaya Tritiya
Festive Deals Include Up to 50% Off Making Charges, Diamond Discounts, Gold Rate Protection & Exclusive Cashback Benefits
Jos Alukkas, a trusted name in quality, innovation, and trendy jewellery in India, has announced an array of special offers as part of Akshaya Tritiya celebrations, which fall on 19th & 20th April 2026.
Booking offers are currently available at Jos Alukkas, allowing customers to pay just 10% and benefit from gold rate protection, providing an enhanced and rewarding shopping experience with a wide selection of gold, platinum, and diamond jewellery.
Customers can avail a flat 50% discount on making charges for selected gold, diamond, and platinum jewellery. In addition, an exclusive offer of a flat 30% discount on diamond value is available on all collections.



Customers can also receive a free gold coin with every purchase of 10 grams of gold jewellery, as well as a free gold coin per carat on diamond purchases. Additionally, there is a 0% loss on the exchange of old 22kt gold.
Commenting on the campaign, Paul Alukkas, Managing Director, Jos Alukkas, said:

“Akshaya Tritiya is a significant and celebratory occasion for us at Jos Alukkas, just as it is for our customers. This year, we are presenting an exquisite and diverse range of jewellery across categories, offering something for every preference. We are also witnessing a growing demand for lightweight, contemporary designs. Our specially curated festive offers reflect our commitment to blending tradition with evolving consumer preferences, making this occasion truly memorable.”
As part of the festive promotion, customers purchasing gold jewellery can receive a cashback of Rs. 100 per gram from stores. This cashback can be redeemed between 19th April and 3rd May and is not applicable to gold coins, gold bars, or silver purchases.
National News
Govt Sources Have Rejected Bloomberg Report That RBI May Have Sold $12bn Worth Of Gold In The Two Weeks
The Share Of Gold In India’s Forex Reserves Rose From 13.92% At End-September 2025 To 16.70% On March 31, 2026, And Further To 16.85% As Of May 22, 2026.
A news report published by Bloomberg stating that RBI may have sold gold amounting to approximately USD 12 billion is fake. The FactCheck by PIB on X clarified this claim is fake. According to the Bloomberg report, a decline in the reported value of the RBI’s bullion reserves came despite an increase in import duties on gold, which would ordinarily have boosted the value of the central bank’s gold holdings.
According to RBI , the share of gold in India’s foreign exchange reserves rose from 13.92% at end-September 2025 to 16.70% on March 31, 2026, and further to 16.85% as of May 22, 2026.
The RBI has been actively repatriating its bullion holdings in recent years. By the end of April 2026, the central bank held 880.52 metric tonnes, with 77% of its massive gold stash physically secured within India. The steady increase in gold repatriation over recent years suggests that the RBI, like several other emerging-market central banks, has become more cautious about keeping a large share of its reserves abroad. Concerns over the safety of overseas-held assets intensified after Western nations froze Russian reserves following the outbreak of the Ukraine conflict.
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