Word: padmavathi
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...upstairs in a small office. It shows a tall crown studded with 4,000 diamonds and made from seven kilograms of gold. Four craftsmen from NAC Jewellers spent six months making the crown, at a cost of about $700,000. It now rests on a statue of the goddess Padmavathi Devi at the Tiruchanur Shrine in South India. Anantha Padmanaban, a partner of NAC Jewellers, proudly shows off a photo album full of snapshots of the work his shop has done for other Hindu shrines: a gold-plated archway for the temple at Guruvayur, a silver crown...
...They have no other choice. They must buy gold for weddings." Won't Indians stop buying once they begin to understand they can get better returns in stocks and mutual funds? Sitting under a portrait of the seven-kilogram crown of gold that his shop crafted for the goddess Padmavathi Devi, Padmanaban begins to rock with laughter. "It may happen, but it'll take a hundred years...
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