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Time of India
11-05-2025
- Automotive
- Time of India
Auto, taxi drivers in U'khand offer free rides for soldiers going back to duty amid India-Pakistan tensions
Dehradun/Pithoragarh: As tension brews along the India-Pakistan border, an unlikely group has quietly mobilised in Uttarakhand -- auto-rickshaw drivers in Dehradun and taxi operators in the hills of Pithoragarh. With an intention to do their bit to help armed forces personnel, they've begun offering free rides to soldiers rejoining their units on emergency call, and to the families seeing them Dehradun, nearly 100 auto rickshaw drivers have joined the effort, ferrying uniformed personnel and their relatives free of charge from key city junctions like the railway station and Rispana bridge. "Those participating in the initiative have pasted stickers on their vehicles mentioning the free offer," said Pankaj Arora, president of Doon Autorickshaw Union (DAU), which launched the service three days ago, following the start of Operation a ceasefire was declared on Saturday, Arora said the service would continue for at least a week. "Many might also be returning from the units after the ceasefire was announced. We believe this is the least we could do in service of the nation in this crisis situation," he Pithoragarh, Bhupendra Singh, a taxi driver, has been offering free rides to Delhi for soldiers returning to base from leave. Singh, whose father fought in the 1971 war, said, "So far, I have offered the service to more than 50 army personnel from different places of Pithoragarh to Delhi without taking any fare. My father is an Army veteran and fought in the war against Pakistan. Hence, I know the value of the men in uniform during wars. I will continue to offer this service in the coming days."Singh's company, which runs eight cars, is part of a small but growing local network of drivers responding to the call of duty in their own way. Narendra Singh, another Pithoragarh resident involved in the initiative, said, "We posted our mobile numbers on social media to enable the armed forces personnel to contact us for the service. We pick them up from their home and drop them off at their destination. Our service will continue till the tensions are completely over."Dehradun/Pithoragarh: As tension brews along the India-Pakistan border, an unlikely group has quietly mobilised in Uttarakhand -- auto-rickshaw drivers in Dehradun and taxi operators in the hills of Pithoragarh. With an intention to do their bit to help armed forces personnel, they've begun offering free rides to soldiers rejoining their units on emergency call, and to the families seeing them Dehradun, nearly 100 auto rickshaw drivers have joined the effort, ferrying uniformed personnel and their relatives free of charge from key city junctions like the railway station and Rispana bridge. "Those participating in the initiative have pasted stickers on their vehicles mentioning the free offer," said Pankaj Arora, president of Doon Autorickshaw Union (DAU), which launched the service three days ago, following the start of Operation a ceasefire was declared on Saturday, Arora said the service would continue for at least a week. "Many might also be returning from the units after the ceasefire was announced. We believe this is the least we could do in service of the nation in this crisis situation," he Pithoragarh, Bhupendra Singh, a taxi driver, has been offering free rides to Delhi for soldiers returning to base from leave. Singh, whose father fought in the 1971 war, said, "So far, I have offered the service to more than 50 army personnel from different places of Pithoragarh to Delhi without taking any fare. My father is an Army veteran and fought in the war against Pakistan. Hence, I know the value of the men in uniform during wars. I will continue to offer this service in the coming days."Singh's company, which runs eight cars, is part of a small but growing local network of drivers responding to the call of duty in their own way. Narendra Singh, another Pithoragarh resident involved in the initiative, said, "We posted our mobile numbers on social media to enable the armed forces personnel to contact us for the service. We pick them up from their home and drop them off at their destination. Our service will continue till the tensions are completely over." Get the latest lifestyle updates on Times of India, along with Mother's Day wishes , messages , and quotes !
Hans India
01-05-2025
- Business
- Hans India
India buys gold worth Rs 12K cr on Akshaya Tritiya
New Delhi: India saw an estimated sale of gold jewellery and related items worth approximately Rs 12,000 crore on Akshaya Tritiya on Wednesday, the Confederation of All India Traders (CAIT) said. In addition, silver trade was estimated at around Rs 4,000 crore on the auspicious day. "Based on estimates, gold jewellery and related items worth approximately Rs 12,000 crore were sold across the country today. In addition, the silver trade was estimated at around Rs 4,000 crore. Despite the steep rise in gold and silver prices, the ongoing wedding season and the traditional belief in the auspiciousness of Akshaya Tritiya contributed to healthy business activity," CAIT National Secretary General and BJP MP Praveen Khandelwal said. Gold is considered one of the best forms of financial investment, which also encouraged buyers to proceed with purchases despite the high prices, he said. The precious metal was priced at Rs 97,500 per 10 grams and silver at Rs 98,000 per kilogram today — historically among the highest levels. "Interestingly, gold prices dropped by Rs 1,000 and silver by Rs 2,000 during the day. Despite high rates, consumer interest remained steady, reflecting the deep-rooted religious and cultural significance of this auspicious occasion," All-India Jewellers and Goldsmith Federation President Pankaj Arora said. Lower prices typically drive higher demand, yet today's sentiment remained strong due to the day's importance, he added. 'Akshaya' means eternal prosperity — something that never diminishes. It is believed that anything purchased or initiated on this day continues to grow and brings lasting wealth. "As gold symbolises purity, prosperity, and wealth, it remains the most favoured purchase on this day. That is why the gold and silver trade sees a massive spike across India on Akshaya Tritiya, and jewellers, goldsmiths, and artisans eagerly await this day each year," CAIT national president B C Bhartia said.
Hans India
30-04-2025
- Business
- Hans India
India buys gold worth Rs 12,000 crore on Akshaya Tritiya, silver purchase at Rs 4,000 crore
New Delhi: India saw an estimated sale of gold jewellery and related items worth approximately Rs 12,000 crore on the occasion of Akshaya Tritiya on Wednesday, the Confederation of All India Traders (CAIT) said. In addition, silver trade was estimated at around Rs 4,000 crore on the auspicious day, according to the leading trade body. "Based on estimates, gold jewellery and related items worth approximately Rs 12,000 crore were sold across the country today. In addition, the silver trade was estimated at around Rs 4,000 crore. Despite the steep rise in gold and silver prices, the ongoing wedding season and the traditional belief in the auspiciousness of Akshaya Tritiya contributed to healthy business activity," CAIT National Secretary General and BJP MP Praveen Khandelwal said. Gold is considered one of the best forms of financial investment, which also encouraged buyers to proceed with purchases despite the high prices, he said. The precious metal was priced at Rs 97,500 per 10 grams and silver at Rs 98,000 per kilogram today — historically among the highest levels. "Interestingly, gold prices dropped by Rs 1,000 and silver by Rs 2,000 during the day. Despite high rates, consumer interest remained steady, reflecting the deep-rooted religious and cultural significance of this auspicious occasion," All-India Jewellers and Goldsmith Federation President Pankaj Arora said. Lower prices typically drive higher demand, yet today's sentiment remained strong due to the day's importance, he added. In 2022, gold was Rs 52,700 per 10 grams and silver Rs 65,000 per kg. 'Akshaya' means eternal prosperity — something that never diminishes. It is believed that anything purchased or initiated on this day continues to grow and brings lasting wealth. "As gold symbolises purity, prosperity, and wealth, it remains the most favoured purchase on this day. That is why the gold and silver trade sees a massive spike across India on Akshaya Tritiya, and jewellers, goldsmiths, and artisans eagerly await this day each year," CAIT National President B.C. Bhartia said.
Mint
30-04-2025
- Business
- Mint
Akshaya Tritiya 2025: Muhurat timing to buy gold on Akha Teej
Akshaya Tritiya 2025: Akshaya Tritiya, also referred to as Akha Teej, is a significant and sacred day for Hindu communities. It will be observed on April 30, Wednesday. Muhurat timing to buy gold on Akshaya Tritiya is between 5:41 AM and 12:18 PM. Akshaya Tritiya is considered to bring good fortune and success. Many individuals purchase gold on this occasion as it is thought that acquiring gold on Akshaya Tritiya leads to prosperity and increased wealth in the future. Moreover, it is believed that gold purchased on Akshaya Tritiya will never lose its value and will continue to appreciate over time. At present, the price of gold has reached ₹ 1 lakh for 10 grams, in contrast to ₹ 73,500 on Akshaya Tritiya last year. Likewise, silver prices have risen to ₹ 1,00,000 per kilogram, an increase from ₹ 86,000 per kilogram in 2023. As per reports, the domestic jewelry market is expected to experience a "mixed trend" in gold and silver purchases on the auspicious occasion of Akshaya Tritiya, in light of the significant increase in precious metal prices, stated the Confederation of All India Traders (CAIT) on Tuesday. Pankaj Arora, President of the All India Jewellers and Goldsmith Federation, has estimated a business turnover of ₹ 16,000 crore on Akshaya Tritiya, which falls on April 30. This year's Akshaya Tritiya is anticipated to see gold sales reach approximately 12 tonnes valued at nearly ₹ 12,000 crore, along with around 400 tonnes of silver worth ₹ 4,000 crore, totaling an estimated business of ₹ 16,000 crore, according to All India Jewellers and Goldsmith Federation President Pankaj Arora, as per reports. The term Akshaya translates to 'never diminishing.' Therefore, the advantages of performing any Japa, Yajna, Pitra-Tarpan, or Dan-Punya on this day are everlasting and stay with the individual indefinitely. Akshaya Tritiya occurs during the Shukla Paksha Tritiya in the month of Vaishakha. When Akshaya Tritiya coincides with a Rohini Nakshatra day and a Wednesday, it is deemed highly auspicious. The day of Akshaya Tritiya is presided over by Lord Vishnu, the preserver in the Hindu Trinity. According to Hindu legends, the Treta Yuga commenced on Akshaya Tritiya. Typically, Akshaya Tritiya and Parashurama Jayanti, which celebrates the birth of the 6th incarnation of Lord Vishnu, occur on the same day, although the starting time of the Tritiya Tithi may cause Parashurama Jayanti to fall one day. According to Drik Panchang, Akshaya Tritiya is on Wednesday, April 30, 2025. Akshaya Tritiya Puja Muhurat - 05:41 AM to 12:18 PM Duration - 06 Hours 37 Mins Tritiya Tithi Begins - 05:31 PM on Apr 29, 2025 Tritiya Tithi Ends - 02:12 PM on Apr 30, 2025 Pune - 06:08 AM to 12:32 PM New Delhi - 05:41 AM to 12:18 PM Chennai -05:49 AM to 12:06 PM Jaipur- 05:49 AM to 12:24 PM Hyderabad- 05:51 AM to 12:13 PM Gurgaon- 05:42 AM to 12:19 PM Chandigarh- 05:40 AM to 12:20 PM Kolkata- 05:05 AM to 11:34 AM Mumbai- 06:11 AM to 12:36 PM Bengaluru- 05:59 AM to 12:17 PM Ahmedabad- 06:07 AM to 12:37 PM Noida- 05:41 AM to 12:18 PM On April 29 - Akshaya Tritiya Gold Purchase Timings - 05:31 PM to 05:41 AM, Apr 30 Duration - 12 Hours 11 Mins Auspicious Choghadiya timings overlapping Akshaya Tritiya Evening Muhurat (Labha) - 08:16 PM to 09:37 PM Night Muhurat (Shubha, Amrita, Chara) - 10:57 PM to 03:00 AM, Apr 30 On April 30 - Akshaya Tritiya Gold Purchase Timings - 05:41 AM to 02:12 PM Duration - 08 Hours 30 Mins Auspicious Choghadiya timings overlapping Akshaya Tritiya Morning Muhurat (Shubha) - 10:39 AM to 12:18 PM Morning Muhurat (Labha, Amrita) - 05:41 AM to 09:00 AM Disclaimer: The views and recommendations above are those of individual analysts, experts and broking companies, not of Mint. We advise investors to check with certified experts before making any investment decision. First Published: 30 Apr 2025, 06:48 AM IST
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Business Standard
29-04-2025
- Business
- Business Standard
Akshaya Tritiya biz may touch Rs 16K cr, market to see mixed trend: CAIT
The domestic jewellery market is likely to witness a "mixed trend" in gold and silver buying on the auspicious day of Akshaya Tritiya amid sharp rise in prices of precious metal, Confederation of All India Traders (CAIT) said on Tuesday. All India Jewellers and Goldsmith Federation President Pankaj Arora has projected a business of Rs 16,000 crore on Akshaya Tritiya, a Hindu festival celebrated on April 30. "This year, jewellery markets across the country are witnessing mixed trends ahead of Akshaya Tritiya, mainly due to the sharp rise in gold prices in recent weeks," CAIT said in a statement. Currently, gold prices have touched Rs 1 lakh per 10 grams, compared to Rs 73,500 on the day of Akshaya Tritiya last year. Similarly, silver prices have touched Rs 1,00,000 per kilogram, up from Rs 86,000 per kilogram in 2023. All India Jewellers and Goldsmith Federation President Pankaj Arora said, "Typically, Akshaya Tritiya sees a surge in purchases, but this year, elevated prices have affected consumer demand." On this year's Akshaya Tritiya, sales are expected to reach around 12 tonnes of gold worth nearly Rs 12,000 crore and about 400 tonnes of silver worth Rs 4,000 crore, making a total estimated business of Rs 16,000 crore, he said. A slight slowdown in customer buying sentiment is expected due to the high prices of gold and silver, he added. Global economic uncertainty, rising crude oil prices, weakening of the Indian rupee against the dollar, and increased investor interest in gold as a safe-haven asset have driven up the prices of gold and silver. Additionally, geopolitical tensions and fluctuations in interest rates have also contributed to the price surge. CAIT's National President, B C Bhartia said the ongoing wedding season in India has prevented a complete drop in jewellery demand. Jewellers have also introduced attractive offers to draw in customers. Trade leaders have urged customers to purchase only BIS hallmarked and certified jewellery and to always insist on a proper bill. They also advised buyers to transact only with trusted jewellers to ensure pricing transparency. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
