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Budget import duty cut will boost gold jewellery retailers' revenues by 22-25% this fiscal, notes CRISIL report
The organised jewellery sector, which accounts for just over a third of the overall market, is pois…
ANI
Domestic gold prices surge 10% amid global price rally, central bank buying: World Gold Council
The reduction in import duty has ignited a resurgence in gold demand across India. Reports from the…
ANI
Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors
After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…
PTI
P N Gadgil Jewellers' Rs 1,100-cr IPO to open on Sep 10
The Maharashtra-based company's IPO is a combination of a fresh issue of equity shares worth up to …
PTI
Global gold demand drops 6% in Q2 2024 due to slump in jewelry consumption, OTC investment pushes the total to record high
The record-high gold prices took a significant toll on jewelry consumption. Volumes fell 19% YoY to…
ANI
Consumer staples volume will grow in the coming quarters, notes Motilal Oswal report
A marked growth is visible in the consumer staple segment, and the trajectory in volume improvement…
ANI
India will spend ₹4.25 lakh crore on 35 lakh planned weddings in Nov-Dec: PL Capital report
India will spend Rs 4.25 lakh crore on projected 35 lakh weddings planned between November to mid-D…
ANI
India's gold loan market set for rapid growth amid rising prices; unorganized sector holds 63% share, notes recent PwC report
Indian households are estimated to possess approximately 25,000 tonnes of gold, valued at around Rs…
ANI
Benefiting from strong sales, gold jewellers set for 17-19% revenue growth in 2024-25: Crisil
Benefiting from strong sales, organised gold jewellery retailers are set to clock 17-19 per cent re…
ANI
Here's what will get cheaper and costlier after this Budget
One aspect that always garners much traction on the Budget day is what got cheaper and what got cos…
ANI
Jewellery consumption to grow by 10-12 pc value-wise in FY24 amid rise in gold prices: Report
Jewellery consumption, in terms of value, is expected to grow by 10-12 per cent in this financial y…
PTI
Jewellers woo consumers this Dhanteras but experts advise caution
What’s more auspicious than gold, especially as we step into the festive season. Indians believe th…
Gold, silver prices rebound on bullish global trend, strong domestic demand
Silver prices also surged by Rs 2,300 to Rs 85,500 per kg. In the previous close, it had ended …
PTI
Aditya Birla Group to take on Tata, Reliance now in the branded jewellery space
The Aditya Birla Group is set to enter India's heavily competitive branded jewellery market with a …
With oversized interest from QIBs, Senco Gold IPO subscribed 73x on last day
Senco Gold's IPO was oversubscribed 73 times, with the issue subscribed by 181 times on the last da…
Senco Gold’s public issue subscribed 2.6X on day 2
Jewellery retailer Senco Gold's initial public offering (IPO) closed on 6 July having been subscrib…
Brides buy half of all gold jewellery sold in India says World Gold Council report
The World Gold Council reports that jewellery for brides is mostly made of 22-carat gold, and domin…
Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO
Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…
Gold demand went up by 14% in Q3: World Gold Council
According to the WGC, the gold demand in India was at 191.7 ton (value ₹85,010 crore) during Q3 …
Jewellery demand is now back to pre-pandemic levels: World Gold Council
Jewellery demand is now back to pre-pandemic levels: World Gold Council