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India's apex bank, the Reserve Bank of India (<keyword id="19899808" type="General" weightage="20" keywordseo="RBI" source="keywords">RBI</keyword>), went full guns blazing on its <keyword id="20402497" type="General" weightage="20" keywordseo="gold-purchases" source="keywords">gold purchases</keyword> this <keyword id="23288581" type="General" weightage="20" keywordseo="Dhanteras" source="keywords">Dhanteras</keyword> and bought back 102 metric tonnes of its gold from the Bank of England to its domestic vaults between April and September 2024. This was one of RBI's largest-ever moves since India's 1991 economic crisis when RBI had to airlift 47 tonnes of gold. This takes India's total domestically held <keyword id="20344434" type="General" weightage="20" keywordseo="gold-reserves" source="keywords">gold reserves</keyword> to 510.46 metric tonnes as of September 30, up from over 408 metric tonnes at the end of the previous fiscal year. This year, RBI has been buying gold every single month. RBI's overall gold reserves also burgeoned to 854.73 metric tonnes, including 324.01 metric tonnes held in safe custody with the Bank of England and the Bank for International Settlements, as well as 20.26 metric tonnes held in the form of gold deposits. India has been increasingly repatriating its gold reserves from overseas in recent years. In the 2023-24 fiscal year, the country had already moved 100 metric tonnes of gold from the UK to domestic locations. India is looking to significantly reduce its dependence on foreign custodians for safeguarding its assets. "The relocation of gold reserves to domestic vaults is a strategic move by the RBI to strengthen India's economic resilience and autonomy," said Dr. Amrita Sharma, a senior economist at a Mumbai-based think tank. "It signals a shift towards greater self-reliance in the management of the country's foreign exchange assets", she added. These increased domestic gold holdings have also boosted the precious metal's share in India's total foreign exchange reserves, rising from 8.15% at the end of March 2024 to around 9.32% as of September 2024. This comes amidst total global <keyword id="19978688" type="General" weightage="100" keywordseo="gold-demand" source="keywords">gold demand</keyword> also touching a massive $100 billion in the third quarter of 2024, per a recent report by the <keyword id="20195223" type="General" weightage="20" keywordseo="World-Gold-Council" source="keywords" meta.keywordsubtype="org" meta.entityname="World Gold Council" meta.hostid="261" meta.entityid="World Gold Council">World Gold Council</keyword>. Per data, total gold demand increased by 5% YoY and reached 1,313 metric tons. This was more than double the investment demand seen by the yellow metal last year, when it stood at 364 metric tons. <h2> Demand going strong</h2>Just as demand for <keyword id="20050894" type="General" weightage="20" keywordseo="gold-ETFs" source="keywords">gold ETFs</keyword> surged, demand for gold bars and coins dipped by 9%. But despite that, their YTD (year-to-date) demand remains robust at 859 tonnes, much above the 10-year average of 774 tonnes. The rising gold prices dented global demand for gold jewelry, which fell by 12% on a YoY basis, in terms of volume. But a corresponding 13% rise in the value of the jewelry consumed also indicates that consumers are okay spending on premium products, which might be less in quantity. Tech demand also boosted gold demand by 7% YoY, largely on the back of a booming electronics sector. Louise Street, Senior Markets Analyst at the World Gold Council, commented, "Q3 saw increased investment and over-the-counter activity prop up global gold demand and drive price performance. While the higher gold price dampened demand in the majority of consumer markets, the import duty cut in India kept jewelry and bar and coin demand remarkably high in a record-breaking price environment.". India's gold imports, which directly affect our current account deficit (CAD), rose by 21.78% to touch $27 billion during April-September, largely on the back of strong domestic demand emerging thanks to the festive season. The imports stood at $22.25 billion in September 2023-24, making yellow metal around 5% of the country's total imports, thereby pushing India's CAD to $137.44 billion during the first half of the current fiscal. Notably, India is the second largest consumer of gold in the world.

RBI goes high on gold, adds 102 metric tonnes to its reserves between April-Sep, as total gold demand touches $100 billion

Just as India gears up to celebrate Dhanteras tomorrow, in some good news for Indians, <keyword id="19910265" type="General" weightage="100" keywordseo="gold-prices" source="keywords">gold prices</keyword> today witnessed a dip of about Rs 10, with 24-carat gold currently valued at Rs 8,045.3/gram and 22-carat gold at Rs 7,376.3/gram. As per the <keyword id="23632186" type="General" weightage="20" keywordseo="All-India-Sarafa-Association" source="keywords" meta.keywordsubtype="org" meta.entityname="All India Sarafa Association" meta.hostid="261" meta.entityid="All India Sarafa Association">All India Sarafa Association</keyword>, gold prices fell by Rs 400 to Rs 81,100/10 grams in Delhi today. However, silver remained flat at Rs 99,500 per kg. Meanwhile, gold of 99.55 purity declined Rs 400 to Rs 80,700 per 10 grams on Monday. The value of gold as a symbol of wealth and prosperity in our culture is no secret, which is why Indians look forward to buying it on auspicious, festive occasions like Dhanteras. Moreover, with the wedding season setting in, the demand for gold is only set to increase in the months to come. At 24%, the yellow metal's annual return in 2024 has been nothing less than glittering. Compare this with the 14.88% returns gold delivered in 2023. The last time gold returns skyrocketed was at the peak of the pandemic, i.e., in 2019-2020, when gold's annual yields were at 24.45% and 28.24%, respectively. In 2024, gold's demand as a safe investment avenue has only skyrocketed. <keyword id="19955176" type="General" weightage="20" keywordseo="geopolitical-tensions" source="keywords">Geopolitical tensions</keyword> and inflationary pressures have pushed not just individual investors but even central banks to make a beeline for the yellow metal. During the second half of this year, India's RBI and Poland's National Bank were among the largest buyers of gold. Per a report by <keyword id="20046776" type="General" weightage="20" keywordseo="Religare-Broking" source="keywords" meta.keywordsubtype="org" meta.entityname="Religare Broking" meta.hostid="261" meta.entityid="Religare Broking">Religare Broking</keyword>, global official reserves of gold burgeoned by 290 metric tons during the first quarter of 2024. The momentum continued well into the second quarter as well, with global central bank gold purchases jumping by 6% to 183 tons during this period. "We continue to believe that gold has further upside potential wherein any dips could present buying opportunities. According to our recent quarterly report, a correction of 5-7% is plausible and could serve as an accumulation zone," note experts at Motilal Oswal Financial Services. <h2>Returns-wise, how has gold performed?</h2> Data from CapitalMind PMS suggests that between 2000 and 2024, gold has outperformed Nifty and silver in about 7 years. Nifty has been a clear winner overall, outpacing gold and silver in 12 out of 25 years in review. Silver only managed to inch past gold and Nifty in just 6 years. Per data, gold returns peaked at 29.9% in 2011, largely on the back of global financial uncertainty. Years where gold has delivered 20%+ returns <table style="border-width: initial; border-style: none; background-color: rgb(255, 255, 255); font-size: 16px; line-height: 1.6em; box-shadow: none; width: 468pt; font-family: Merriweather; table-layout: fixed; padding-bottom: 10px !important; background-image: inherit !important; background-position: inherit !important; background-size: inherit !important; background-repeat: inherit !important; background-attachment: inherit !important; background-origin: inherit !important; background-clip: inherit !important;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">Year </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">Gold Returns (in %) </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">Nifty Returns (in%) </td></tr><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">2002 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">24.1 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">5.3 </td></tr><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">2008 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">24.5 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">-51.3 </td></tr><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">2009 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">24.9 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">77.5 </td></tr><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">2010 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">21.7 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">19.2 </td></tr><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">2011 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">29.9 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">-23.8 </td></tr><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">2019 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">22.9 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">13.5 </td></tr><tr><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">2020 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">27 </td><td style="border-width: 1pt; border-style: solid; border-color: rgb(0, 0, 0); padding: 5pt; font-size: 16px; vertical-align: top; overflow: hidden; overflow-wrap: break-word;">16.1 </td></tr></tbody><tbody></tbody><tbody></tbody></table>Source: CapitalMind PMS Not just in India, gold has delivered returns exceeding domestic equity markets in most emerging countries like Turkey and Argentina. Per the DSP Netra October report, over the last 26 years, equity markets in Turkey have delivered 21.2% returns, as opposed to gold, which has generated 29.3% returns during the same period. Similarly, in Argentina, equity markets have delivered 38.4% returns, while gold saw 44.3% returns in the same time frame. <h2>Stay put for Silver</h2> However, if experts at Motilal Oswal Financial Services are to be believed, the performance of silver could either match or outperform gold in the medium to long term, as <keyword id="20762025" type="General" weightage="20" keywordseo="silver-prices" source="keywords">silver prices</keyword> are expected to reach Rs 1,25,000 per kilogram on the Multi Commodity Exchange (MCX) and USD 40 per ounce on the COMEX within the next 12 to 15 months. In fact, even the YTD (yield to date) for silver is higher at 31.1% as compared to gold, which stands at 22.6%. However, do not go overboard with silver allocation in your portfolio.

Ahead of Dhanteras 2024, how has gold glittered so far this year?

<ul><li>Jewellers, like every year, have come up with offers to make <keyword id="18712" type="General" weightage="20" keywordseo="gold" source="Orion">gold</keyword> buying attractive on <keyword id="4067" type="General" weightage="20" keywordseo="dhanteras" source="Orion">Dhanteras</keyword>. </li><li>Experts say that if you are buying <keyword id="6354387" type="General" weightage="20" keywordseo="jewellery" source="Orion">jewellery</keyword> for personal consumption then it is a good time to buy. </li><li>However, if you are buying for the purpose of an <keyword id="6355120" type="General" weightage="20" keywordseo="investment" source="Orion">investment</keyword>, there are other investment avenues. </li></ul>What’s more auspicious than gold, especially as we step into the festive season. Indians believe that the more gold you buy during Dhanteras, the better would be your fortunes. While experts are unsure of how good physical gold is for your portfolio, jewellers are doing their best to bring in consumers into their stores. Capitalising on the love for bling, and women who want to add to their jewellery box, retailers are wooing hard this season. Be it free 1 gm gold coins on purchases, or <keyword id="112217" type="General" weightage="20" keywordseo="discounts" source="Orion">discounts</keyword> in making charges — most jewellers want consumers to go for physical gold. “In addition to our collections, we are offering discounts to our valued customers. We are providing discounts on the making charges for gold jewellery. Our goal is to enable customers to make the most of this auspicious opportunity and get the best offers, particularly for the upcoming wedding season,” says Suvankar Sen, MD &amp; CEO of Senco Gold &amp; Diamonds. Tanishq is currently providing a discount of up to 20% on the making charges for gold jewellery. “Most of the jewellers, be it online or offline offer discounts on making charges to attract customers in the festive season. Some jewellers are offering various freebies, premiums over used gold and even a chance to design a unique piece of jewellery this Diwali,” says Sachin Kothari, director At Augmont Gold For All, an integrated gold player. Now, comes the question of gold as an investment. In spite of gold gaining ground as a safe haven asset in times of volatility and a new war, global gold demand in Q3 2023 dropped by six percent, on reduced interest in gold bars and coins, as well as diminished demand from central banks. As Diwali approaches, the price of gold is on the rise thanks to geopolitical tensions and the US Federal Reserve decision to hold on to high-interest rates. However, India, world's second-largest consumer of gold, is bucking the trend. There is an increase of 10% in gold demand in the same period. Globally, jewellery demand dipped by 1% on account of high gold prices. But here too, Indian jewellers hope that consumer love for gold demand will hold on. <cmsannotation type="cmsannotation" annotationid="Experts not keen on physical assets" comment="Subhead" text="Experts not keen on physical assets">Experts not keen on physical assets</cmsannotation> So, should consumers give in to the temptation of building physical gold assets amidst volatile prices and uncertainty? “Dhanteras is basically a time to make a purchase to grow your wealth. What you should do is an investment and not an expenditure. Jewellery is an expenditure. Making charges can be about 25% and further when you sell it you can lose another 10-15%. So it is not worth it,” says B Srinivasan, director and founder, Shree Sidvin Investment Advisors. Som if you are buying some jewellery for the sake of buying jewellery or as a gift, you can do it. With the various offers jewellers are providing it might be a good time to do that. But this will not serve the purpose of an investment. For those looking at an investment, there are better options than bangles, earrings or necklaces. “If you are buying for consumption then obviously physical gold has no other alternative but if your purpose is pure investment then the best is sovereign gold bond (SGB),” says Anant Ladha, founder, Invest Aaj For Kal, a financial advisory firm. There are three major advantages of SGBs. First, there is no making charges or risk of purity. Further one may get 2.5% additional interest over and above per annum. Though the interest is entirely taxable at current tax slabs, any capital gains earned at the end of eight years is entirely tax free. Investing in gold through digital gold platforms, gold Exchange-Traded Funds (ETFs), and gold mutual funds also offer flexible options to invest in gold. Digital gold allows for easy, small-scale investments, while Gold ETFs provide the convenience of stock market trading. Gold MFs, on the other hand, offer professional management of your gold investments. But then again, will it give the same satisfaction of it hanging on your neck as it will in the portfolio? That’s a call that consumers will have to take.

Jewellers woo consumers this Dhanteras but experts advise caution

<keyword id="4067" type="COMPANY" weightage="20" keywordseo="Dhanteras" source="Orion">Dhanteras</keyword> is celebrated on the first day of the five day long <keyword id="451596" type="PERSON" weightage="20" keywordseo="Diwali-festival" source="Orion">Diwali festival</keyword>. The suffix ‘Teras’ in Hindi is synonymous with the word Trayodashi in Sanskrit which refers to the thirteenth day of the waning phase of the moon. The different rituals connected to Dhanteras aim at praying for the prosperity of the household and the health and long life of the husband. On the day of Dhanteras, many households perform Laxmi puja. Dhanteras sets the auspicious and celebrative mood for the <keyword id="3405" type="PERSON" weightage="20" keywordseo="Diwali-celebrations" source="Orion">Diwali celebrations</keyword>. Here is a highly interesting mythological story connected to Dhanteras. <cmsannotation type="cmsannotation" annotationid="The mythology story behind Dhanteras" comment="subhead" text="The mythology story behind Dhanteras">The mythology <keyword id="8248231" type="General" weightage="100" keywordseo="story-behind-dhanteras" source="Orion">story behind Dhanteras</keyword></cmsannotation> Once upon a time, there was a king named Hima who ruled over his kingdom with justice and love as the two tools of his governance. He had a son and the astrologers predicted that his son would face the end of his life due to snake bite on his sixteenth year. A sense of deep anguish tormented King Hima’s heart and he searched for ways to save his son’s life. As per the advice of a renowned astrologer, he got his son married to a girl who had a lucky horoscope. The couple lived happily for a few years. The boy neared his sixteenth year and the king started worrying about the impending death of his son. The girl launches an adventure The astrological predictions said a snake would bite the boy when he stepped into his sixteenth year of life on the earth. On the eve of the boy’s sixteenth birthday, the girl hatched a clever plan to save the life of her husband. She gathered all her jewels and piled them up in front of the main door. She advised her husband not to sleep and she too stayed awake throughout the night. She sat near the entrance of the home guarding the main door. Lord Yama arrives story During the appointed hour of taking the boy’s life, Lord Yama, the god of death arrived in front of the house in the form of a serpent. The snake crawled its way to the main door of the house. When the snake was about to enter the door, the pile of ornaments stopped it on the way. The ornaments were so dazzling that the snake could not see anything around it clearly. Meanwhile, the girl kept singing melodious songs throughout the night. The songs were so alluring that the snake stayed at the doorstep enjoying the songs. The time to take the life of the boy elapsed and Lord Yama in the form of snake had to give up his mission. Thus the witty idea of the girl helped save the life of her husband. Dhanteras was born story This legend gave rise to the event of Dhanteras celebrated year on year on the same day of Krishna Paksha Trayodashi in the month of Kartika just before the Diwali festival. The popular belief among the Hindus has helped continue this holy tradition that says Dhanteras is the surest way to invite prosperity into the household and seek the long life of the husband.

Dhanteras 2023: what is the story behind Dhanteras

<keyword id="4067" type="COMPANY" weightage="20" keywordseo="Dhanteras" source="Orion">Dhanteras</keyword>, the thirteenth day of the waning phase of the <keyword id="7501472" type="General" weightage="20" keywordseo="lunar-month" source="Orion">lunar month</keyword> in the month of Kartika marks the beginning of the five day long Diwali festival. For quite a long time in the cultural and religious history of India, people strongly believe that doing and buying a few things on Dhanteras can open the gates to luck and prosperity. Here is a list of things to do and buy on Dhanteras to get lucky. <cmsannotation type="cmsannotation" annotationid="Auspicious things to do on Dhanteras" comment="subhead" text="Auspicious things to do on Dhanteras">Auspicious things to do on Dhanteras</cmsannotation> Dhanteras is good for starting any things that must grow progressively. You can start a new business or launch new projects on this day. This day is also a good one to start the constructions or renovations of homes and offices. During the Pradosh Kaal on Dhanteras that lasts for about two hours from sunset, it is good to perform Lakshmi Puja. This puja is extremely important for business community to invite luck and prosperity. Some people fast on the day of Dhanteras concluding it in the evening after Lakshmi puja. A ritual known as the lighting of Yamadeep is done on this day in the evening placing the lamp at the entrance of the house. This is said to keep the god of death away from the home. <cmsannotation type="cmsannotation" annotationid="What you can buy on Dhaneras 2023" comment="subhead" text="What you can buy on Dhaneras 2023">What you can buy on Dhaneras 2023</cmsannotation> - The beliefs associated with Dhanteras has fueled the shopping mania of people. Almost all businesses do extremely well on this day as people throng at the shops to buy a long list of things that are believed to bring them luck and prosperity. - Buy silver or brass utensils and keep them in the eastern direction of your home. - Buying a broomstick on this day is said to ward off the poverty from home. - This is also the best day to buy electronic items like refrigerator, electric oven, laptops and mobile phones. Such things need to be kept in the north-east direction of the home. - Business owners can buy account books on this day and start a new account. You can also buy the stationery and tools required for your profession. Place these account books and stationery items in the western direction of the house. It is auspicious to place these objects in worship on this day. - Buy 11 Gomti Chakras on Dhanteras, wrap them in a yellow cloth and place the bundle in a safety locker for inviting good luck. - One of the most auspicious items to buy on this day is a gold coin with the image of Goddess Lakshmi imprinted on it. This item can be worshipped on this day and kept in the safety locker or treasure chest. - Jewelry, silver coins, swastika symbol and cosmetic items are best bought on this day. <cmsannotation type="cmsannotation" annotationid="What you must not buy or do on Dhanteras" comment="subhead" text="What you must not buy or do on Dhanteras">What you must not buy or do on Dhanteras</cmsannotation> While many people suggest you the list of items you can buy on Dhanteras, there are a few items that you must never buy on this day if you do not want to fall into misfortune. Never buy sharp objects, iron items, stainless steel utensils (they have a big percentage of iron in them), black color things, glass objects, fake gold and oil. If you wish to buy a car on the day of Dhanteras, do not make the payment on this day. It is also not auspicious to give away gifts on this day. On the day of Dhanteras, do not make loan repayments or pay past bills. Never give or take any loans on this day.

Dhanteras 2023: What we can do and buy on Dhanteras

Festival messages help us stay connected with our near and dear ones. People exchange messages, greetings and wishes during festivals in order to share their joys and wishes with their contacts. The internet and digital technology have made it extremely easy to send festival messages. A few years back, selling greeting cards was a thriving business. People bought pre-printed greeting cards from shops, scribbled their personal messages in them and posted them to their dear ones. Today, we no more see any shops for greeting cards. People use social media sites like Facebook, Twitter, Instagram, WhatsApp, Email and messaging apps to send festival messages. In this way, you can send personalized messages instantly without spending much time and effort. Above all, sending messages on the internet does not cost you anything. As you do not have to buy printed cards, your messages have become environment friendly. Dhanteras also known as Dhantrayodashi is an important day that marks the beginning of the five day Diwali celebrations. On the day of Dhanteras, people buy silver, gold, utensils, vehicles, furniture and household items as a sign of inviting good luck into homes. Pujas performed on Dhanteras aim at seeking the blessings of goddess Lakshmi and Kuber for the welfare of the family members. Greet your dear ones on Dhanteras with some apt messages choosing from the ones below. - May this Dhanteras bring in new dreams, fresh hopes, undiscovered avenues, different perspectives, everything bright and beautiful and fill your days with pleasant surprises and moments. Happy Dhanteras. - May Goddess Lakshmi bless your business to do well in spite of all odds like the enduring charms of gold and diamonds. Happy Dhanteras 2023! - May your life be full of happiness and harmony with enough wealth to give you all comforts you ever wished. Stay blessed. Happy Dhanteras! - Wishing a very Happy Dhanteras to everyone. May the blessings of Lord Kuber and Lord Dhanvantari showers on you always. - May this Dhanteras bring new dreams, new hopes and fill your days with pleasant surprises and moments. Happy Dhanteras to you and your family! - DHANTERAS ka shubh din aya. sabke liye nayi khushiya laya. LAKSHMI GANESH viraje apke ghar me. sada rahe sukho ki chhaya.HAPPY DHANTERAS - Warm wishes on the auspicious occasion of Dhanteras to you. May Lord Kuber shower you with wealth and prosperity for a beautiful life. - Sun glows for a day, candle for an hour, matchstick for a minute, but a wish can glow days forever. So here is my wish for a glowing Dhanteras. Happy Dhanteras. - God’s blessing may come as a surprise and how much you receive depends on how much your heart can believe. May you be blessed beyond what you expect. Happy Dhanteras! - Ye dhanteras kuch khaas ho, Dilon mein khushiyaan, ghar mein sukh ka vaas ho, here, moti par aapka raaj ho, mitey duriyaan, sab aapke paas ho. Happy Dhanteras!

Dhanteras 2023 messages and wishes for your dear ones

<keyword id="4067" type="COMPANY" weightage="20" keywordseo="Dhanteras" source="Orion">Dhanteras</keyword> marks the beginning of the five day Diwali festival. Celebrated one or two days before the major Diwali festival, Dhanteras falls on the thirteenth day of the waning phase of the lunar month in the month of Kartika. Dhanteras is a special occasion for the Hindu households and business communities as it carries a lot of material, religious and spiritual significance. <cmsannotation type="cmsannotation" annotationid="Dhanteras 2023" comment="subhead" text="Dhanteras 2023">Dhanteras 2023</cmsannotation> Goddess Lakshmi, the source of all wealth and prosperity is invited on Dhanteras with an elaborate puja. In some houses, small footsteps are drawn in vermilion in a row from the entrance to the puja room indicating that the goddess walks inside the household to bless the puja and fill the home with prosperity and auspiciousness. In the evening of Dhanteras, earthen lamps are lit at the entrance and the entire household in order to dispel the evil spirits and also get the blessings of Lord Yama. Business people celebrate Dhanteras with pujas to Lakshmi and Kuber, the god of wealth. People buy gold, silver and copperware on the day of Dhanteras as a mark of bringing good luck and prosperity to the household. Cows are also worshipped on this day in many regions. <cmsannotation type="cmsannotation" annotationid="Do's for Dhanteras Puja" comment="subhead" text="Do's for Dhanteras Puja">Do's for Dhanteras Puja</cmsannotation> Perform Lakshmi puja on the day of Dhanteras without fail. The tradition says Lakshmi puja must be performed on the day of Dhanteras during Pradosh Kaal which means the two hours duration that immediately follows the sunset. Performing Lakshmi puja during this time can bring prosperity and good luck into the household. Dhanteras also known as Dhantrayodashi is the best day for buying gold. It is said the gold bought on this day will multiply in a lucky manner. The other items that you can buy on this day to bring auspiciousness and luck into the homes include copperware, silver and gold coins, silver idols of Lakshmi, Kuber and Ganesh. Cow worship and feeding the cows with jiggery and fodder on this day is considered to be highly auspicious. Dhanteras is the day when Lord Dhanvantri, the Lord of Medicine emerged from the ocean. Hence it is highly auspicious to buy medicines and donate them to poor people. Especially donating eye and ear drops to people on Dhanteras can bring good luck. <cmsannotation type="cmsannotation" annotationid="Don'ts for Dhanteras Puja" comment="subhead" text="Don'ts for Dhanteras Puja">Don'ts for Dhanteras Puja</cmsannotation> If you wish to enjoy good health and prosperity, avoid indulging in any kind of sexual activity on Dhanteras day. On the day of Dhantrayodashi, abstain from consuming liquor and non-vegetarian foods. Never speak ill of the people whom you do not like and exercise a good control over your tongue. Never inflict any kind of troubles on anybody during the course of Diwali festival and especially on the day of Dhantrayodashi. Do not give money to anyone on this day. Do not make any bill payments on Dhanteras. Avoid activities like paying back loans on this day or borrowing money from others. Symbolically this must be the day of receipts and not debits. On Dhanteras, do not buy items with sharp edges, leather items and items that are made of iron. Avoid buying black color things on Dhanteras.

The dos and don'ts rule during Dhanteras 2023 puja time and date

<ul><li>Over the years, there were growing calls by the Hindu community to declare <keyword id="188" type="General" weightage="100" keywordseo="diwali" source="Orion">Diwali</keyword> a school holiday. </li><li>Banks said <keyword id="6355838" type="General" weightage="80" keywordseo="new-york" source="Orion">New York</keyword> City is home to the whole world and children from all communities and backgrounds go to school here.</li><li>Consul General of India in New York Randhir Jaiswal thanked Adams for making Diwali a school public holiday.</li></ul> In a significant decision, Diwali will be a public school holiday in New York City starting 2023, with Mayor Eric Adams saying this sends a message about the significance of the city's inclusiveness and this "long overdue" step will encourage children to learn about the festival of lights. Adams, joined by New York Assembly Member Jenifer Rajkumar and New York City Schools Chancellor David Banks, said Thursday that in conversations on the campaign trail around how to run the state better, he "learned so much" about the Diwali holiday and what this festival means. He said that by declaring Diwali a holiday in New York City public schools, "we wanted to send a loud and clear message to the countless number of people who acknowledge this period of time of celebration. "At the same time, this is an educational moment because when we acknowledge Diwali, we are going to encourage children to learn about Diwali. We're going to have them start talking about what it is to celebrate the festival of lights, and how to turn the light on within yourself," he said. Consul General of India in New York Randhir Jaiswal thanked Adams for making Diwali a school public holiday. "This had been a long pending <keyword id="15308237" type="TOPIC" weightage="60" keywordseo="Demand" source="TOPIC" sourcekeytype="economy,investopedia" meta.keywordsubtype="null" meta.msid="92562122" meta.seopath="d/demand" meta.entityname="Demand" meta.hostid="153" meta.entityid="demand">demand</keyword> of the Indian-American community. The recognition gives a deeper meaning to diversity and pluralism in New York City while allowing people from all walks of life to experience, celebrate and enjoy Indian ethos and heritage," he told PTI. Rajkumar, the first South Asian-American woman ever to be elected to a state office in New York, said that today she is proud to say that "our time has come. The time has come to recognise over 200,000 New Yorkers of the Hindu, Buddhist, <keyword id="28599" type="General" weightage="50" keywordseo="sikh" source="Orion">Sikh</keyword> and Jain faiths who celebrate Diwali, the festival of lights." Adams said "as we deal with so much darkness that is around us, we fail to realise the overwhelming amount of light that is around us. And when we take this period to acknowledge Diwali, we are acknowledging the light that is within us, the light that clearly can push away darkness and that is why this is so significant." Adams added that the city has identified public holidays like <keyword id="15315768" type="General" weightage="50" keywordseo="eid-and-lunar-new-year" source="Orion">Eid and Lunar New Year</keyword>. "We do it with so many other days and so many other cultures that we acknowledge. It is long overdue to say to our Hindu, Sikh, Jain, and Buddhist students and communities that, we see you, we acknowledge you. The inclusiveness of this city is extremely significant and this is our opportunity to say that in a loud way." Over the years, there were growing calls by the Hindu community to declare Diwali a school holiday given the hundreds of thousands of Indians living in the area. Once the legislation goes through, Diwali will be a school holiday in the City of New York starting next year. Rajkumar noted that people have said that there is simply not enough room in the <keyword id="15315767" type="General" weightage="50" keywordseo="new-york-city-school" source="Orion">New York City School</keyword> calendar to have a Diwali school holiday. This week, Rajkumar introduced legislation in the state <keyword id="15311128" type="TOPIC" weightage="60" keywordseo="Capital" source="TOPIC" sourcekeytype="finance,investopedia" meta.keywordsubtype="null" meta.msid="92540240" meta.seopath="c/capital" meta.entityname="Capital" meta.hostid="153" meta.entityid="capital">capital</keyword> that makes room for Diwali in the school calendar. She said her legislation removes Anniversary Day, an "obscure and antiquated" day created in the 1800s so that it can be replaced with Diwali, "celebrated by a growing number of New Yorkers." "When this is done, the New York City Department of Education will be able to institute the Diwali holiday on the school calendar," she said, adding that she has brought this bill to the table so that all South Asian and Indo-Caribbean New Yorkers will have a seat at the table. According to New York State education laws, there must be a minimum of 180 days of school instruction. However, in order to meet this 180-day minimum requirement, no more holidays could be instituted in the school calendar. Rajkumar said that by removing the antiquated Anniversary Day school holiday that is observed by no one, her legislation makes the room for Diwali to be a school holiday while also meeting the 180-day minimum requirement for days of school instruction. She thanked Adams for his support, saying this is the first time in the history of the city that a mayor has committed to making Diwali a school holiday. "For over two decades South Asians and Indo-Caribbeans in New York have been fighting for the Diwali school holiday. I stand on the shoulders of those advocates. And now we are finally going to realise that goal," she said. "Next week we will celebrate Diwali, a celebration of good over evil, light over darkness, of the human ability to overcome, exemplified by <keyword id="52950" type="General" weightage="50" keywordseo="rama" source="Orion">Rama</keyword>'s defeat of evil. We will celebrate the Hindu principles of interfaith, harmony, love, and tolerance for all New Yorkers. The same Hindu principles inspired the great American civil <keyword id="15315769" type="TOPIC" weightage="60" keywordseo="Rights" source="TOPIC" sourcekeytype="entertainment,investopedia" meta.keywordsubtype="null" meta.seopath="r/rights" meta.entityname="Rights" meta.hostid="153" meta.entityid="rights">rights</keyword> hero, <keyword id="95368" type="General" weightage="50" keywordseo="martin-luther-king" source="Orion">Martin Luther King</keyword>. We will celebrate our culture's place in the great civil rights tradition of our country. The sky is the limit for our community," she said. Banks said New York City is home to the whole world and children from all communities and backgrounds go to school here. "And it is important that we honour and we recognise all of our young people. And so the recognition of Diwali is yet another opportunity for us to begin to celebrate, to uplift and to honour those young people, their family and their faith. The celebration of light, the triumph of light over darkness is critically important." SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/tech/news/ed-freezes-bitcoins-worth-rs-7-12-crore-in-e-nuggets-gaming-app-case/articleshow/95002038.cms">ED freezes Bitcoins worth Rs 7.12 crore in E-nuggets gaming app case</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/international/news/diwali-celebrations-begin-at-times-square-vp-kamala-harris-and-former-prez-donald-trump-to-attend/articleshow/95001470.cms">Diwali celebrations begin at Times Square: VP Kamala Harris and former Prez Donald Trump to attend</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/personal-finance/news/should-you-buy-gold-this-dhanteras/articleshow/94997439.cms">Should you buy gold this Dhanteras?</a>

You Searched For "Dhanteras 2023" and got 8 results

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