rs 25 lakh jewellery

Bank credit surged in FY26, primarily fueled by services and retail sectors. Non-food credit saw a substantial Rs 29.2 lakh crore expansion, with lending to NBFCs, housing, and gold-backed loans leading the charge. Services and personal loans together formed over two-thirds of this growth, highlighting robust demand in these areas.

Indians are increasingly recycling and exchanging old gold jewelry for new pieces due to rising prices and volatility. This trend has significantly boosted exchange programs at retailers like P.N. Gadgil & Sons and Tanishq, with consumers opting for lower caratages and alternative jewelry to manage costs.

In a significant crackdown, Bihar's Economic Offences Unit conducted raids at five sites associated with Amrendra Kumar, the sub-registrar from Supaul. The operation revealed a staggering Rs 10 crore in assets, far beyond what his official salary could justify.

Vigilance sleuths arrested two alleged accomplices of a bank manager in Malkangiri district for their role in embezzling over Rs 1.08 crore in government funds. The duo, Sushree Nibedita Tarai and Nrusingh Prasad Khamari, reportedly received Rs 63 lakh from the manager as part of a conspiracy to avoid detection.

Fed up with their 32-year-old son's drug addiction and abuse, parents and his younger brother allegedly hired a contract killer for Rs 5 lakh to murder him. The mother even sold her jewellery for an advance payment. The son was found strangled to death and his body dumped in a canal.