GJEPC (The Gem & Jewellery Export Promotion Council), the apex body of gems and jewellery industry in the country held a webinar on May 06, 2020...
With gold being considered the safest investment haven, Kalyan Jewellers has announced the extension of the Gold Ownership Certificate initiative. The unique facility enables customers across...
Hit hard by the spread of coronavirus, jewellery sales are expected to take several years to return to pre-pandemic levels, said experts during a webinar organised...
Nearly 350,000 Bengali gold jewellery karigars or artisans are returning from the jewellery hubs of Tamil Nadu, Kerala and Karnataka to West Bengal, raising concern over whether they...
The diamond cutting and polishing hub of Surat will lose business to rivals China, Thailand and African countries unless it quickly comes out of the lockdown and resumes...
Gold has been a store of value for thousands of years since the start of human race. It was then a medium of exchange in barter...
As soon as the 43-day lockdown was lifted, business picked up in Hassan city, with people thronging jewellery and textile showrooms and other shops, in large...
The World Federation of Diamond Bourses is excited to announce the launch of its Young Diamantaires (YDs) website www.ydts.org. The organization has worked for the past...
Finally, the shutters have rolled up, the jewellery stores have been opened and with that, hope is building up with each walk-in customer. Read on to know how...
The diamond industry in Surat has heaved a sigh of relief with the resumption of exports, though in a small quantity. Though exports to Hong Kong, a major...
Gems and Jewellery exporters have urged the government to grant them permission to start factories in the Santacruz Electronic Export Processing Zone (SEEPZ) and to set up...
The gold market in India might see a significant shift in consumer behaviour once the nationwide lockdown is lifted. While Indian buyers have traditionally preferred...
India’s gold imports plunged 99.9 per cent year-on-year in April to their lowest in nearly three decades, news agency Reuters reported citing a government source. The...
The Committee of the Bharat Diamond Bourse (BDB) put out a statement today commending the efforts of the Hon’ble Prime Minister of India Shri Narendra Modi...
“It is a matter of great pride for the Surat Hira Bourse (SHB) to serve the diamond industry in the times of lockdown,” said CEO of...
The Customs department has seized just 900 kgs of gold between January and March period, as against more than 1,000 kgs during the year-ago period. And...
“In this crisis, there is a stage of impact to revival. Currently we are in the ”impact stage which we are working towards sustenance. By the...
India’s net Bullion imports contracted 56% year- on -year to 78.4 tonnes in the March quarter of the current year . Jewellery demand in the world’s...
Bharat Diamond Bourse committee commends the effort of our Prime Minister Shri Narendra Modi and Maharashtra Government, CM Shree Uddhav Thakrey to fight the war against...
Jewellers in Thailand were grappling for cash as people came in large numbers to sell gold, prompting PM Thailand Prayuth Chan-Ocha to tell them to “not...
India’s gold demand crashed 36% year-on-year in the March quarter, far underperforming a 1% rise globally, as the Covid-19 outbreak and sharp rise in prices deterred...
As shutters remain down and sentiments remain low, jewellers introduce innovative campaigns and fun activities to engage consumers, stay connected and add a happy chapter to...
De Beers Group today announced a $200,000 donation across its four producer partner countries of Botswana, Canada, Namibia and South Africa to assist women’s shelters and...
In a move aimed at protecting the interests of diamond processing industry, the apex body of the gem and jewellery industry has put forth a proposal...
High gold prices, economic uncertainties, and a lockdown towards the end of the Jan-Mar quarter saw India’s gold demand fall by 36% on year to 101.9...
Show to support large number of buyers to get back into business by offering a much wider variety of products and increased number of exhibitors through...
Banks’ outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago With the epicentre of the Covid-19...
Driven by investors’ clamour for insurance against economic turmoil and the potential devaluation of assets and currencies, some predict a bull run reminiscent of gold’s price...
This year on Akshaya Tritiya jewellery sales was nothing as compared to previous years. But it can be safely said that Akshaya Tritiya has delivered more...
On the auspicious occasion of Akshaya Tritiya, Divine Solitaires today announced the launch of an exciting offer for customers which enables them to contribute towards India’s...
Covid-19 has ensured that companies innovate in the times of social distancing. To this end, 150-year C Krishniah Chetty Group of Jewellers has unveiled the concept...
The initiative salutes and acknowledges the administration, police personnel and frontline health workers who are working relentlessly to fight the global pandemic. Amritsar: Maliram Jewellers in...
Jewellers have witnessed encouraging customer response on their digital platforms this Akshay Tritiya. Customers have also made token purchases of gold to celebrate this auspicious day on...
Already having missed out on Hindu calendar new year sales during the spring harvest time due to abrupt lockdown, jewellers across the country are pulling out...
As stocks and bonds as investment avenues do not show much hope under current market conditions, gold could be the asset to put your money in....
Kishorkumar Shah, Director, Chandukaka Saraf and Sons, Pune Our gold and silver products were selling well, but our diamond products were not. To counter this, we...
With Akshaya Tritiya just around the corner, jewellers are trying to lure customers through various innovative offers to keep the business tide through difficult times amid...
It is unfortunate that the impact of the current lockdown on the gold jewelry industry is extremely stressful. In fact, once the lockdown is lifted this...
Faced with an unprecedented decline in demand, the World Gold Council (WGC) is planning to start consumer marketing of gold in India. In a conference call, David Tait, chief executive officer...
The countrywide lockdown is showing the jewellers’ community in a warm new light. All the citizenry can see that jewellers, too, are patriots who stand with...
April 22nd, 2020 Mumbai – This Earth Day, Forevermark has released its latest podcast episode, Levison Wood: Walking with Elephants on “The Power of the Diamond”...
India is a uniquely diverse nation where people of all kinds – rich, poor, educated, uneducated, theist, atheists…everyone lives in harmony and come crisis, this peculiarity...
Titan’s jewellery division, which accounts for about 80 per cent of the company’s total revenue, reported a dip of 5 per cent in revenue in March because...
The Madras Jewellers and Diamond Merchants Association has so far received nearly 15,000 online applications from goldsmiths across the State for cash assistance. In Chennai alone,...
Pradeep Agarwal, Director, Baijnath Ramkishore Jewellers, Kanpur During Diwali, a middle-aged couple visited our shop looking for jewellery for their son Vishal’s wedding in January 2020....
Gold jewellery retail is a shimmering business in ways more than one. But a warren of risks that have built up of late – such as higher import duty,...
Amit Shikherjee, Owner, Devika Jewellers A few months ago, I introduced the Victorian jewellery style by using rose-cut diamonds and colour stones. Designing jewellery in this...
Hyderabad April 20, 2020: Continuing with their industry initiative to create positive conversations around natural diamonds, the Diamond Producers Association (DPA) has gone regional in their latest...
Sachin Jain, Owner, Vardhaman Jewellers, Bhiwani, Haryana A couple of years ago, a new customer came to our shop. He was looking for small jewellery boxes...
Top jewellers have decided that for the period of Akshaya Tritiya they will sell gold online accompanied by digital certificates of possession and give physical delivery...
MUMBAI – Gold contracts on the Multi Commodity Exchange of India hit a fresh record high of 47,138 rupees per 10 gm today as the rupee hit a...
Customer’s satisfaction comes first, no matter what Last month, a client visited my shop to order jewellery for her daughter’s wedding. We started working on the...
Kamlesh Soni, Partner, Om Markendeshwar Jewellers, Ankleshwar, Gujarat Ankleshwar is a small town, so spending money on outdoor advertisements and hoardings won’t give you the desired...
Thanks to the coronavirus-induced global economic uncertainty and the developments surrounding it, the price of gold — the precious metal generally accepted as a safe haven asset and a hedge...
Gold imports, which have a bearing on the country’s current account deficit (CAD), fell 14.23 per cent to $ 28.2 billion during 2019-20, according to commerce...
Gold prices in India touched new highs today, crossing the ₹46,700 level per 10 gram in futures market. On MCX, June gold futures rose as much as...
With COVID-19 cases increasing with each passing day, markets across all the sectors have been affected because of this pandemic. India’s jewellery industry has also been...
To provide relief to the gems and jewellery industry, the Confederation of Indian Industry (CII) has written to the government, recommending measures, including setting up a...
NEW DELHI – The Indian diamond industry, which is already reeling under severe stress since last year, has more hardship in store as demand for luxury...
The government will issue sovereign gold bonds beginning 20 April offering an annual interest rate of 2.50 percent to domestic investors, the Reserve Bank of India said...
What falls after spring and before autumn has a special place in everyone’s life. We are talking about summer, the season that is synonymous with sunshine,...
Mysore/Mysuru: The 812-km run Unique World Record title holder Dr. Boby Chemmanur of Chemmanur Jewellers has donated one helicopter free of cost to the Government to transport COVID-19...
MUMBAI: Gold prices have hit the levels that were prevalent during demonetisation on November 8, when bars, coins and jewellery, among other goods, were purchased at...
Kolkata- based Senco Gold & Diamonds, which has presence in other metros too, on Wednesday announced that there would be no salary cuts and the company...
Jayesh Baphana, Director, A Baphana’s Diamond Galaxy, Nashik A to-be-married client came to our shop from Mehsana, Gujarat. She actually came to the city to buy...
Television Actress Sonyaa Ayodhya known for her cheerful personality and her roles in the television series Nazar and Kasautii Zindagi Kay 2 chose pieces from The...
Bengaluru: Titan said revenue of its jewellery business fell 5% in the fourth quarter, hurt by weak business in March due to closure of malls and...
Samarth Bajaj, Director, KRSALA, Hyderabad Two years ago a customer came to the shop looking for jadau jewellery. After going through our latest collections, he looked...
MUMBAI: Diamond prices fell in March as the spreading coronavirus led to a dramatic decline in the global economy. Diamond markets are under pressure and facing...
Kolkata-based Senco Gold & Diamonds Group in its continued commitment towards supporting the nation in its fight against COVID-19, has pledged INR 1.5 Crores towards the...
70 percent of the retailers in India expects the business recovery to happen in more than six months due to the ongoing COVID-19 crisis which has hit the retail sector...
Dinesh Jain, Director, Rajmandhir Jewellers, Chennai An NRI lady customer wanted us to customise a long gold necklace with diamonds in it and an engagement ring...
Kalyan Jewellers today announced that it will be supporting the daily wage worker community from the Gems and Jewellery industry, as well as the Film industry,...
Life comes a full circle, and its journey is nothing short of fabulous! On that note, Irasva introduces an exquisite range of fine jewellery namely, Circled. A...
Treasurable, precious and personal touch are the adequate ingredients for recipe of a perfect Mother’s Day gift. For all who are considering a dozen roses, chocolates,...
At a time when most companies are exploring ways to reduce operational costs in the wake of novel coronavirus outbreak, a Kerala-based entrepreneur has announced a...
Abhay Agarwal, Owner, Kanhaiyalal Sarraf Jewellers, Varanasi Two years ago a family of seven members came to the shop. It was around 11 am and we...
Ahmedabad-based Laxmi Goldorna’s IPO received an enthusiastic response from investors amid challenging market conditions with the issue getting subscribed by 1.15 times in NSE EMERGE platform....
Gold and silver leaped higher on Tuesday amid investor rush to safe-haven assets as the coronavirus cases rose over 4,000 in India, making riskier assets like...
As economies around the globe slip into recession, gold is taking centre stage. Somasundaram PR, managing director, India, World Gold Council, tells us how investors should...
Saurabh Dhomne, Partner, MT Dhomne Jewellers, Wardha A customer wanted us to make a special customised ‘Jaiswal Nath’ as per their family tradition. The customer was...
Gold prices surged today in global markets today as concerns about the impact of coronavirus on global economy continued to stoke the safe-haven demand for the...
Kolkata: The US, Europe’s richer neighbourhoods, and much of Northeast and West Asia – the main consuming markets for India’s diamond jewellery output – are shuttered,...
The world stands crippled against the deadly Coronavirus and it won’t be wrong that it has impacted various industries across the world. And, the jewellery sector...
India’s gold imports plunged more than 73% year-on-year in March to their lowest in 6-1/2 years as record domestic prices and a lockdown to curb the spread of...
Statement by Mr. Pramod Agrawal, Chairman, GJEPC “GJEPC, the apex body of gem and jewellery trade in India has decided to contribute Rs. 21 Crore to...
Mandeep Kishore, Proprietor, Shri Ram Jewellers, Gurgaon Seven to eight months ago a customer along with his wife came to the shop to buy gold jewellery...
Kamal Singhania, Director, Abhushan (India) Pvt Ltd, Jamshedpur A first-time customer with a budget of Rs 1-2 lakhs visited the shop to buy gold jewellery. As...
Mining as well as stores closed, expos cancelled and transportation stopped. The gems and jewellery sector in India is facing a bleak future. “We lost 50...
Kolkata: Sales of old gold are likely to surge once the 21-day lockdown is over as people will likely liquidate the yellow metal, which is now...
The gems and jewellery exports are expected to witness a sharp decline in March as well as in the first quarter of the next fiscal due to disruptions...
Do you want to increase your sales? This post will definitely help you by giving a closer look at how different retailers used technology and various...
Meenu Paul, Proprietor, Le Khanna Jewellers, Ludhiana shares the other side of him. Read more to find out what he likes to eat, what is his...
IRASVA, the fine jewellery destination for modern women, strongly believe that Jewellery is an artistic form of self-expression. Presenting ‘Starring You’ by Irasva, exquisite jewels symbolizing...
Training employees, particularly sales staff, and motivating them to put their best foot forward has become an essential practice in the corporate world, more so in...
Gold imports took a sharp hit in FY20 following a series of developments — the latest being the coronavirus pandemic — which, on the other hand, pushed the...
With the exception of the rally that we witnessed last week, gold has been fairly slow in reacting to the kind of easy money that is...
It’s a success story that can inspire many. It’s a story of how thinking big and dreaming big can make you big in life, with proper...
Jewellery, as an industry is grappling with zero cash flows due to COVID-19 driven lockdown in the country, says Titan Company Ltd. However, the company said...
New Delhi | Kolkata: The country’s labour-intensive export sectors such as leather, textiles, gems and jewellery, carpets and handicrafts have borne the brunt of the Covid-19 pandemic...
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