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
FGLOC to host inaugural Gold Summit in Kochi
Will bring together key industry stakeholders to chart the future roadmap for the gold-loan sector and unlock the potential of gold as a financial asset
The Federation of Gold Loan Companies (FGLOC) will host its inaugural Gold Summit in Kochi on November 17, 2026, bringing together key industry stakeholders to chart the future roadmap for the gold-loan sector and unlock the potential of gold as a financial asset.
The summit aims to strengthen the operational capabilities of gold-loan companies, equipping them to scale efficiently and responsibly. Core discussions will address shared industry challenges while emphasizing corporate governance, regulatory compliance, and sustainable business practices.
Bringing together prominent voices from across the financial ecosystem, the event will examine the evolving role of gold in modern finance, emerging market opportunities, and strategies to expand credit access to underserved populations.
Key areas of deliberation include:
- Policy and regulatory developments
- Responsible lending and consumer protection
- Corporate governance and transparency
- Technological advancements and sustainable growth
Prominent industry leaders scheduled to participate include George Alexander Muthoot, Executive Vice-Chairman of Muthoot Finance; Thomas John Muthoot, Chairman and Managing Director of Muthoot FinCorp; and V.P. Nandakumar, Chairman and Managing Director of Manappuram Finance.
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