National News
Palmonas Makes North India Debut with New Store in Delhi’s Omaxe Chowk
The demi-fine jewellery brand brings its affordable, everyday wear collection to the heart of Chandni Chowk, with Bollywood star Shraddha Kapoor leading the charge.
Demi-fine jewellery label Palmonas has launched its first retail store in North India, opening doors at the bustling Omaxe Chowk in Chandni Chowk, New Delhi. The store showcases a wide selection of lightweight, stylish jewellery designed for modern women and features promotional visuals of Bollywood actress and brand co-founder Shraddha Kapoor.

“Palmonas was born out of the idea to offer stylish, long-lasting, and affordable jewellery for modern Indian women,” said Shraddha Kapoor, India Retailing reported. “Each piece is crafted to complement everyday looks while making a statement. I’m so excited to see our first North India store come to life at such a vibrant location like Omaxe Chowk, Chandni Chowk.”
The new outlet offers a curated range of necklaces, rings, bracelets, and earrings tailored to Indian shoppers looking for contemporary, budget-friendly jewellery. With its focus on tarnish-resistant, lightweight designs perfect for everyday use, Palmonas has built a strong global footprint, shipping to over 200 countries.
“Omaxe Chowk, Chandni Chowk, with its blend of heritage and modern infrastructure, is emerging as a launchpad for such brands,” said Omaxe Group’s executive director Jatin Goel. “Palmonas’ entry here is not just a store opening—it represents the growing appetite for curated, experiential retail that resonates with the next generation of shoppers.”

Founded in Pune in 2022 by Pallavi Mohadikar and Amol Patwari, Palmonas later welcomed Shraddha Kapoor as a co-founder. With this Delhi debut, the brand joins an elite line-up of jewellery labels at Omaxe Chowk, including Tanishq, Malabar, CaratLane, Kalyan Jewellers, Senco, and Kisna, as it continues to expand its presence in India’s thriving jewellery market.
National News
Gold, Silver Fall As Global Bond Yields Surge
Higher Yields Elevate The Opportunity Cost Of Holding Non-Yielding Assets Like Bullion, Weighing Heavily On Sentiment Across Commodity Markets.
Gold and silver futures slipped on the MCX. The benchmark October contract for gold dipped Rs 69 to Rs 154,193 per 10 grams after opening at Rs 153,900. Prices hovered between a low of Rs 153,900 and a session high of Rs 154,326, down from its yearly peak of Rs 180,779.
MCX Silver: The benchmark September contract dropped Rs 2,181 to Rs 230,238 per kilogram. During the session, prices fluctuated between Rs 229,666 and Rs 230,528, well beneath the yearly high of Rs 420,048.
Despite the immediate pressure from soaring bond yields, commodity strategists note that downside risks may be capped as traders continue to price in reduced odds of further rate hikes by the Federal Reserve, which could offer underlying support to metals over the medium term.
Yields on the benchmark 30-year U.S. Treasury bond touched a 19-year high in morning trading, while sovereign debt yields in major economies spiked to multi-decade peaks. Higher yields elevate the opportunity cost of holding non-yielding assets like bullion, weighing heavily on sentiment across commodity markets.
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