Jewellery exports dip 5.49% in October to Rs 24,583 crore: GJEPC
The exports stood at Rs 26,010.87 crore in October 2018, according to data given by the Gems and Jewellery Export Promotion Council. The decline in exports is mainly due to a decline in demand in the main export markets following the US-China trade war, protests in Hong Kong and the implementation of VAT in the Middle East, GJEPC added.
How a tough Indian market is making De Beers change its policy
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Price, preference raise platinum demand 30%
In 2018, India had imported 6 tonnes of platinum.
Young, rich Indians have started a gem of a trend as demand for rubies, sapphires grow
Demand for precious stones in jewellery is growing with urban buyers willing to pay top price for them.
Jewellery designer Viren Bhagat found validation of his work in a lost job opportunity with Gianni Bulgari
The 62-year-old credits meeting one of his heroes, Gianni Bulgari, as a turning point in his career.
High gold prices hit Titan’s jewellery sales in Q2; key takeaways
The watches business recorded an income of Rs 719 crores against Rs 676 crores in the previous year
PC Jeweller surges 11% as jeweller settles case with Sebi
The company paid Rs 19,12,500 towards full and final settlement of the alleged default.
Titan Q2 profit inches up 2% YoY to Rs 320 crore, misses Street estimates
The company had posted Rs 314.38 crore profit in the year-ago period.
Jewellery, apparel sales hit in Diwali amid slowdown: Report
Groceries and restaurants are the standout categories of segments that witnessed an increase in average spends of 11 per cent and 32 per cent, respectively, in 2019 festivities, the company said.
Gold trade, investors in tizzy as jewellery retailers remain uncontactable
Market sources said mid and small level jewellers were facing stress as consumer demand for the metal had fallen.
Paytm Gold can now be redeemed at jewellery stores
This is a part of Paytm Mall's overall O2O strategy and it has collaborated with Kalyan Jewellers, Malabar Gold & Diamonds, PC Jeweller, Senco Gold & Diamonds and Caratlane to enable users to purchase jewellery by redeeming their accumulated gold.
Jewellery stocks trade lower on Dhanteras, PC Jeweller drops by 5.6%
Dhanteras is considered as an auspicious day to make new purchases.
Here's the list of BIS licensed jewellers selling hallmarked gold, silver jewellery
Due to the high price of gold and silver products, purity is always a concern. Though BIS hallmarking of gold and silver products helps to ensure the purity of product but to be surer BIS also provides a list of licensed jewellers.
‘Consumers spent more on travel and food this Diwali’
Though jewellery spending was flat, banks like Axis Bank saw an increase in the total value of purchases in electronics and travel during the festive season. Axis saw a 100 per cent increase in electronics purchases.
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