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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
Karwa Chauth festivities to boost economy by ₹22,000 crore
Deeply rooted in Indian culture and spirituality, the festival of Karwa Chauth has grown into a sig…
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
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…
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
Jewellery retail chain Joyalukkas withdraws ₹2,300 crore IPO
Kerala-based jewellery retail chain Joyalukkas India withdrew its ₹2,300 crore initial public offer…
Young & luxurious: How new buyers are pushing luxe retail growth in India
Indians no longer have to fly abroad to buy Valentinos, Balenciaga, or shop at Tiffany & Co. — as t…
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
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…
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…
Motisons Jewellers subscribed 15x on day 1 with outsized retail interest
The initial public offer of Jaipur-based Motisons Jewellers was lapped up by investors within an ho…
RBI tightens norms on personal loans for banks, NBFCs
The Reserve Bank on Thursday tightened norms for unsecured personal loans for banks and non-banking…
PTI
Online jewellery platform BlueStone to hire 400 people in the next 3-4 months
The existing two other manufacturing units of the company are located in Mumbai with a total w…