Connect with us

National News

Platinum Jewellery Sparkles as the Modern Choice for Akshaya Tritiya

Symbolising purity, strength, and timeless elegance, platinum emerges as a popular pick for celebrating prosperity and new beginnings this festive season.

Published

on

As India prepares to celebrate Akshaya Tritiya on April 30, a festival known for ushering in prosperity and fresh starts, many are turning to platinum jewellery to mark the occasion with meaning and style.

Traditionally seen as a time to invest in gold and other symbols of wealth, Akshaya Tritiya is now witnessing a shift as contemporary consumers seek out choices that reflect both heritage and modern values. Platinum — with its naturally white sheen, 95% purity, and resistance to tarnish — is being embraced as a powerful emblem of enduring wealth and spiritual purity.

Reflecting the timeless essence of the festival, platinum jewellery is available in a variety of collections designed to resonate with today’s lifestyle. Women can explore graceful, modern designs through Platinum Evara, men can find strength and character in Men of Platinum, and couples can celebrate their bond with Platinum Love Bands, crafted to honour life’s significant milestones.

Each piece bears the hallmark “Pt 950,” certifying its high purity and enduring value. As a metal that stands the test of time, platinum offers more than just visual appeal — it embodies the lasting emotional and material richness that Akshaya Tritiya represents.

With its blend of tradition and innovation, platinum jewellery continues to shine as a meaningful and lasting way to celebrate this auspicious day — a gift of love, resilience, and prosperity to treasure for generations.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted

National News

Lenders flag signs of stress in gold loans

​Banks and financial companies have been rushing to offer these loans, believing that holding a borrower’s physical gold makes the investment safe and low-risk

Published

on

Two major Indian companies—Bajaj Finance and Piramal Finance—are seeing early signs of trouble with gold loans. Over the past year, lending money against gold has been the fastest-growing part of their business.

Banks and financial companies have been rushing to offer these loans, believing that holding a borrower’s physical gold makes the investment safe and low-risk.

According to official data from the Reserve Bank of India:

Bank gold loans jumped 83% compared to last year, reaching 5.6 trillion rupees.

Non-bank gold loans grew 69%, rising to 3.6 trillion rupees.

Although overall default rates are still low, both companies are urging caution.

Bajaj Finance, which holds 240 billion rupees ($2.54 billion) in gold loans, reported an increase in late payments during its July–September results. The portion of loans overdue by 30 days or more (classified as ‘stage 2’ and ‘stage 3’ assets) rose by 15 basis points compared to the previous quarter.

The lender said overall assets classified as ‘stage 2’ and ‘stage 3’, which reflect loans overdue by more than 30 days rose 15 basis points compared to a quarter ago.

Continue Reading

Trending

JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x