National News
Madonna Sebastian Becomes Brand Ambassador for Kevabox, Inaugurates New Store in Kochi
Actress and singer celebrates womanhood as she unveils the latest Kevabox store in Forum Kochi, Kerala
In a stunning collaboration, actress and singer Madonna Sebastian has been named the brand ambassador for Kevabox, the modern jewelry brand that is taking the Indian jewelry market by storm. Sebastian inaugurated the new Kevabox store at Forum Kochi, Kerala, in February 2025, marking an exciting chapter for both the actress and the brand.
Sebastian, who is well-known for her versatile roles in South Indian cinema and her captivating musical talents, joins hands with Kevabox, a sub-brand of City Gold and Diamonds. Kevabox has quickly earned its place as India’s fifth largest lightweight jewelry brand, known for its exquisite designs and innovative approach.
The brand’s popular “For the Women” collection, which was celebrated during the store opening, beautifully honors the essence of womanhood. With pieces designed for women and their loved ones, Kevabox has established itself as a go-to choice for those seeking timeless yet modern jewelry.
Kevabox, which also offers online shopping for its customers, currently has stores in Calicut, Kochi, Bangalore, and Mangalore. Customers can easily get in touch with the brand for further details and to explore their extensive collection.
As the brand ambassador, Madonna Sebastian will play a key role in promoting the elegance, strength, and beauty that Kevabox jewelry represents.
In the domestic market (MCX), gold and silver have hit unprecedented levels. Gold is currently hovering near the Rs. 1.53 lakh per 10-gram mark, while MCX silver has surged past Rs. 2.45 lakh per kg.
On the global stage, the momentum is slightly more restrained due to a powerhouse US Dollar, which has climbed to 99.3.
- Spot Gold: Trading marginally higher above $4,710 per ounce.
- Spot Silver: Initially rose to $76 per ounce before facing pressure and slipping toward the $75.6 range.
Crude Oil: Fueling Inflation Fears
As the conflict enters its ninth week, energy markets are on edge. Brent Crude has breached $106 per barrel, while US WTI rose above $95. These prices reflect the severe supply risk posed by the effective closure of the Strait of Hormuz, a critical chokepoint for global oil transit.
The failure of a second round of peace talks has dashed hopes for a swift resolution.
- Diplomatic Collapse: President Trump cancelled a high-profile meeting in Pakistan that was intended to bring US and Iranian envoys to the table.
- The Naval Standoff: Tehran refuses to negotiate while the US Navy blockade remains in place.
- The Nuclear Factor: While Iran expressed a willingness to reopen the Strait of Hormuz, they have shown no intent to abandon their nuclear program—a non-negotiable demand for Washington.
Investors are now bracing for a heavy week of policy decisions.
- The Fed Transition: The Federal Reserve is expected to hold rates steady this Wednesday. This meeting is particularly significant as it likely marks Jerome Powell’s final session as Chair, with Kevin Warsh anticipated to succeed him in May.
- Global Policy: Decisions from the ECB, Bank of England, and Bank of Japan are also due this week.
With inflation risks rising alongside oil prices, there is growing concern that central banks may be forced to keep interest rates higher for longer to combat the economic fallout of the Middle East crisis.
Market Sentiment: Fragile and uncertain. The “nerve-wracking” tension in the Middle East continues to act as the primary driver for both commodities and currency volatility.
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