The past many years had been bad for the sector as demonetisation and GST were big put-downers and this is the first Akshaya Tritiya since 2016 that is showing some visible volume uptick.

The good and the bad of Modi government's economic performance.

Growth in luxury spending is now moving beyond the three metros (Delhi, Mumbai and Bangalore). Kolkata, Chennai, Pune and Hyderabad have emerged as new centres of luxury consumption

The golden visa is issued against investment of 2 million pounds in UK government bonds, share capital or companies. Applicants, however, cannot invest in companies engaged in property investment.

Nirav Modi, the main accused in the $2 billion PNB fraud case also schemed to exploit the Foreign Direct Investment (FDI) route for circular transactions, the ED alleged.