Wedding Demand News Today

The increase in consumption of essential commodities has been witnessed in not only the bigger urban regions but also tier-2 and tier-3 cities with up to 35% year-on-year increase in demand for basmati rice, edible oils, and maida.

Gold Price: The yellow metal touched Rs 64,200 per 10 gm on the Multi Commodity Exchange (MCX) in early morning trade, taking a cue from the international market. Silver, which is termed as a poor man’s gold, also rose to a new high at Rs 78,331 per kg on the MCX. At around 4 pm, gold was trading a bit lower around Rs 63,850.

The yellow metal touched Rs 64,200 per 10 gm on the Multi Commodity Exchange (MCX) in early morning trade, taking a cue from the international market. Silver, which is termed as a poor mans gold, also rose to a new high at Rs 78,331 per kg on the MCX. At around 4 pm, gold was trading a bit lower around Rs 63,850.

After many months, all the listed two-wheeler companies clocked growth both year-on-year as well as sequentially in their wholesale volumes in May aided by wedding demand.

For wedding jewellers, Mumbai topped the demand across the country followed by Delhi and Hyderabad.

Pent-up leisure and wedding demand, and revival in business travel would boost hospitality sector’s earnings

Some planners are even reporting they've pushed bookings to 2023.

Some planners are even reporting they've pushed bookings to 2023.