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Dhanteras 2024: Jewellers report slower than expected sales due to rising gold prices
Jewellery sales start slower than expected on Dhanteras due to high gold prices and weekday timing,…
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
Gold imports dip 4.23% to $12.64 billion in Apr-July 2024
In April, the imports jumped to $ 3.11 billion from one billion in April 2023. According to a jewel…
PTI
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
Gem, jewellery exports drop 21.9% to $1.67 billion in July
"The exports are mainly affected due to decline in demand following geopolitical disturbance in…
PTI
Gold prices likely to reach around Rs 70,000 per 10 grams in 2024, says industry body
Global economic uncertainties and geopolitical tensions are likely to take gold prices to a new hig…
PTI
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
The luxe experience: Expanding global brands to drive retail leasing in 2024
Indian brands are turning cautious with their retail expansion. Hence, the leasing in the sector is…
Sectors like jewellery, apparel, hotels, aviation to gain traction with the onset of wedding season
With the onset of wedding season, sectors like jewellery, apparel, hotels, aviation and other relat…
Gold and silver jewellery to get a lot more expensive
Jewellery is set to get a lot more expensive, as customs duty on precious metals, articles of gold,…
Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO
Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…
Not just jewellery, lab grown diamonds used in satellites, computer chips too
The global market for lab grown diamonds (LGD) that the Indian government has decided to focus on i…
Gold set to shine bright in 2023 as world heads towards recession
Economic weakness usually bodes well for gold, as it is seen as a good hedge against risk. Amid all…
Jewellery brands deck up in hope of bumper festive sales ahead
The ongoing festive season, which comes after two years of COVID, has made gold, diamonds and plati…
Indian brides go austere with lower priced, light-embroidery trousseaus this season
The wedding season in India has seen no growth or even a drop in sales for clothing retailers, with…
Adani may be the richest Indian but Ambani’s RIL retains the top spot on Hurun's list of most valuable companies
The Adani Group dominated the list of top value gainers this year, with five of its group companies…
A Lagos-born diamond expert shares the struggles she faced as a Black creative in the industry, from explicit bias to funding challenges
Diamond expert Thelma West explained her route to success in the diamond industry, detailing the st…
Zahra Tayeb
SBI for insurance cover for lending to jewellery industry
"Absence of an insurance cover is hurting lending tothe gems and jewellery industry by banks. If th…
PTI
Budget 2021: Gems and jewellery industry seeks reduction of import duty to 4%
He further urged the government to keep goods falling under HSN-71 (Harmonised System Nomenclat…
PTI
Indians are buying more gold from the money they would otherwise have spent on big fat weddings
Ramesh Kalyanaraman tells us how intimate weddings emerging as a trend has affected the jewellery i…