
Pulse of the Public
Imaginary ImageBengaluru witnessed a massive shopping spree for the Varamahalakshmi festival, with markets bustling and prices for flowers and fruits soaring. However, the festive spirit was dampened by a reported theft of gold jewellery worth Rs 22.5 lakh from a family's home during their preparations.
India's retail sales expanded by 8% year-on-year in July 2026, according to a recent survey, with footwear and apparel categories driving significant growth. The jewellery segment also contributed to the overall positive trend, recording a 4-6% increase.
The Karnataka Food Safety and Drug Administration Department has suspended the food licenses of major e-commerce platforms including Amazon, Swiggy Instamart, and BigBasket. This action follows the discovery that these platforms were listing and selling toxic Datura fruits and seeds as food products for human consumption.
Gold and silver prices in India have experienced fluctuations recently, influenced by global economic factors such as US inflation data, dollar strength, and bond yields. Despite some dips, analysts anticipate an upward momentum driven by festive season demand and ongoing investment interest.