Meerut, The Income Tax Department raided two establishments and housing of Meerut wholesale bullion businessman Pawan Kumar Jain (Shyam Ji jewelers in Meerut). Kanpur Head Office Income Tax...
Revenge consumption of diamonds from the US is driving manufacturing items in Surat to work additional time to satisfy the demand. There has been a scarcity of tough diamonds...
Mumbai: Even as there was a complete shutdown of business in June quarter due to COVID-19 related disruptions, diamond jewellery witnessed sharp recovery from October onwards and the industry is expected to...
“Retail jewellery demand has been coming down due to volatile prices,” said Anoop Chemmanur, managing director of Chemmanur Jewellers in Bangalore. BENGALURU/MUMBAI: Retail consumers in India slowed gold purchases this...
Mumbai: After successful and accomplished IIJS Virtual and several Virtual Buyers-Seller Meets, which offered a much-needed opportunity for buyers and exhibitors to connect and transact business...
Shine Shilpi will be shifting to their newer and bigger office 154/158, 1st floor Bhagat Niwas, Kalbadevi road ,opp. cotton exchange building, Kalbadevi, Mumbai-400002 on December...
New Delhi, Dec 10 (PTI) Reducing the import duty on gold is the best way to curb smuggling of the yellow metal, Economic Advisory Council to...
According to a company official, Tanishq retail chain is spread across over 340 exclusive boutiques in more than 200 cities. Chennai: Tanishq, the jewellery brand from the diversified conglomerate TATA...
By Suneeta Kaul Retail jewellery is a crowded space. From big chains to single-store neighbourhood outlets, there is a retail jewellery showroom in practically every corner...
Christmas is always a blissful and exceptionally energizing festival when every heart is full of joy and fervor. Pampering loved ones is an evitable part of...
Titan Co. Ltd’s shares are flirting with their 52-week highs on the National Stock Exchange. On Tuesday, the stock was marginally up, following the firm’s announcement...
Ahmedabad: Muhurat purchases and Diwali season failed to add the needed glitter to gold demand. Consequently, yellow metal imports, even at 2.48MT, declined by a whopping 45%...
The Gemstone Edit by Antara boasts of awe-inspiring designs crafted in precious metal with striking gemstones to up the design quotient in each jewel. Rich radiance...
Kashi Jewellers has added yet another ‘Kohinoor’ to its crown by becoming the best retailer showroom of the country on the basis of its faith, honesty...
NEW DELHI: The average ticket size of gold and silver jewellery sale rose 16 per cent in November compared to the previous month despite gold prices hitting record levels, according...
The suggestions of gems and jewellery industry related to duties and taxes are under consideration of the Finance Ministry, Commerce and Industry Minister Piyush Goyal said on Thursday.Gems...
BERHAMPUR: GST officials on Sunday collected Rs 24 lakh fine from the merchants who were intercepted with gold ornaments weighing 6.7 kg and 239 kg silver jewellery....
During the last few months, we all have been faced with several challenges – be it personal or professional. And it’s true; adversity is the biggest...
By Suneeta Kaul It is not often that retail jewellers find themselves in the limelight because of a Guinness World Record, but that does not mean...
7th December, Mumbai: The Gem and Jewellery sector have shown signs of green shoots of exports after a long pandemic struggle of over 8 months. The...
Several government measures, including the extension of time limit for export credit available on the gold loan, on interest subvention, extension of moratorium on interest and...
Historically, gold and equities have had an inverse relationship. Why? It was based on the fact it was equities that used to attract the majority of...
The Gem and Jewellery Export Promotion Council (GJEPC) proposes several measures like reduction in cut and polished diamonds to 2.5%, reduction in import duty of gold...
The idea of weddings was recently tweaked a little for the Indians. The gathering has shrunk to immediate relatives and close friends, week-long festivities are now...
Dubai: The UAE’s gold and jewellery industry is to see its biggest reforms ever, with the UAE Government set to enforce new standards to ensure greater...
Called “The Marigold – The Ring of Prosperity”, the chunky circular band weighs a little over 165 grams. An elaborate floral-shaped ring sporting 12,638 tiny diamonds...
2021 is all set to bring with it a splash of freshness and a wave of calm with Pantone Colour of the year – Aqua. Put...
How do you see the market from Navratri onwards? During Dussera the business was around 70% of what it was last year. Right now the customers...
How do you see the market from Navratri onwards? The market is picking up very well and it is like adding on more and more customers....
2020 has been a year like none other! And all the challenges of it, put love to the test. While for some, being locked in...
How do you feel about being honored for the ET award? It is an honour to get such a prestigious award and we are very happy...
by Suneeta Kaul The raging corona pandemic has forced retail jewelers to try out many things – new ways of selling their products, novel schemes, interesting brand...
The 12 Building Forever goals focus on leading ethical practices across industry, partnering for thriving communities, protecting the natural world and accelerating equal opportunity De Beers...
With digital fast becoming the new normal, GJSCI ramps up the transformation of the gem and jewellery industry by employing weapons in the form of artificial...
The world’s natural diamond market all but shut down at the start of the Covid-19 pandemic. More than eight months later, experts say the market is...
In accordance with GJEPC chairman Colin Shah, slicing import duties would assist India change into a producing and buying and selling hub. The Gems and Jewelry...
Titan’s jewellery arm Tanishq introduced a new purchase plan, RivaahAashirwaad, to help customers buy jewellery ahead of the wedding season. Through this, consumers can plan their...
With rapid thrust in the digitisation of the sector, the CII brought in delegates and industry leaders to connect with the government in its discussion over...
The Central Board of Indirect Taxes and Customs (CBIC) issued the clarification on the export of Gems and Jewellery via Courier. The CBIC has received various...
Ranka Jewellers recognised the efforts taken by brave hearts who have contributed in society and made an impact. Manoj Chakraborty On the auspicious occasion of Navratri,...
BR Designs finds an innovative way to increase the value proposition for its customers — by not offering price discounts. Manoj Chakraborty Jeweller s often feel...
Mumbai, October 28, 2020: With an aspiration to increase the Indian gems and jewellery exports to $70Bn in the next five years by 2025, the Gem...
In 2019, the Kansara family of Ahmedabad exited its gold refining business after running it for nearly 28 years. At its peak, Gujarat Gold Centre —...
BR Designs finds an innovative way to increase the value proposition for its customers— by not offering price discounts. — Manoj Chakraborty Jeweller s often feel...
A more than a century old global conglomerate was bestowed upon with Industry Innovation of the year – Technology and Outstanding Enterprise of the Year –...
Global gold demand dropped by 19% y-o-y to 892t in Q3, as consumers continued to feel the impact of the COVID-19 pandemic. This was the lowest...
Titan Company reported an 89% recovery in Sales in Q2 of FY 2020-21 led by sharp recovery in the Jewellery division post the significant disruption caused...
The Gem and Jewellery Export Promotion Council of India (GJEPC) in a statement said that it has also proposed for amendment in taxation provisions to allow...
On the auspicious day of Dussehra, PNG Jewellers presented a unique offering to Lord Ganesha at the Shrimant Dagdusheth Halwai Sarvajanik Trust. 108 beads were made...
SURAT: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has organized three virtual buyer-sellers meets (VBSM) in November. It is all geared...
The Company has adhered to the strictest safety protocols to keep everyone safe at our offices, manufacturing locations, logistics centres and stores and to give comfort...
No other gemstone evokes the emotion of love and a sense of commitment like the diamond. This year, as the world battled with an unusual virus,...
Bangalore, October 26, 2020: Abaran Timeless Jewellery, one of the finest jewellery houses in the country, today opened the doors for a new store at Residency...
NEW DELHI: The government has revived the proposal to bring the Bureau of Indian Standards (BIS) under the commerce ministry from the consumer affairs department. Former minister late Ram Vilas...
jewellery business is expected to reach 65% of pre-covid, during dussehra People are gradually venturing to purchase jewellery, as things are moving towards normalcy with the...
26th October, Mumbai: After the success of the Virtual Buyer-Seller Meets for Loose Diamonds and Plain Gold Jewellery, GJEPC is all geared up for the Diamond Studded...
BENGALURU/MUMBAI: Gold premiums in India jumped to their highest in nearly three months this week, as jewellers continued to stock up on hopes of more customers visiting stores as the...
HYDERABAD: With Covid-19 restrictions forcing people to rein in the urge to splurge on lavish weddings, jewellers have their fingers crossed that the savings in wedding budgets will...
Shares of Titan Company Ltd jumped 4.5% on Wednesday on NSE after the company’s September quarter update indicated performance has been better than expected. Titan said...
Ahmedabad: The auspicious muhurat of Dussehra fuelled the release of long pent-up demand for precious metals – gold and silver. Gold and silver jewellery sales remained...
Currently, diamond mining companies including De Beers, Alrosa, Rio Tinto etc. only display the diamonds for viewing purpose at the SNZ. According to the SNZ norms,...
KISNA Diamonds launches its latest collection of the finest jewellery ahead of the festive season with “Desire Luxury”. The collection, featuring over 750 new & unique...
By Suneeta Kaul When it comes to retailing gold, there are many big names to take inspiration from, but not many retailers in India devote themselves...
Gold and diamond jewellery retail chain Malabar Gold and Diamonds on Wednesday announced the launch of ‘One India One Gold Rate’, an initiative offering uniform gold...
While no festival is complete without the signature Tanishq collection, we were thinking things may be a little different this year because a pandemic has struck...
Leads Digital Transformation and stimulates business for the sector Approx. Rs. 1000 crore (USD 137 million) business transacted at IIJS Virtual 5 Halls, 330+ exhibitors; 10000+ Buyers...
Until a week ago, bullion dealers were offering discounts on gold. But with the onset of Navratri demand, they have started charging a premium over the...
GSI, NEW YORK – October 20, 2020 – Gemological Science International (GSI), one of the largest gemological organizations in the world, announces the launch of its new online...
Chennai, 18 October 2020: Kirtilals, India’s premium diamond and gold jewellery brand revered by its patrons launches its second showroom in Chennai at Anna Nagar. The...
Dubai, UAE; 20 October 2020: The United Arab Emirates (UAE) ranks among the top three global commodity trading hubs, according to DMCC’s latest Future of Trade...
October20, 2020: Reliance Jewels, one of India’s most trusted jewellery brands, has launched an exquisite jewellery range, Utkala, to mark the beginning of the festive season....
Surat: Even as the demand for polished diamonds has improved in the international market ahead of Christmas season, it has failed to bring cheer among the...
MUMBAI, India, Oct. 19, 2020 /PRNewswire/ — The New Guinness World Record for Most Diamonds Set in One Ring is achieved by Kotti Srikanth, Owner of The Diamond Store by...
Kalyan Jewellers’ promoter T S Kalyanaraman would be offloading shares worth up to Rs 250 crore, while Highdell Investment Ltd would sell up to Rs 500...
India, October 2020: Forevermark, the diamond brand from the De Beers Group launched three more doors in partnership with Fortofino in North India this week. The...
The pandemic-induced lockdown dragged down Q2 demand , but with restrictions easing steadily since then and many weddings deferred to the fourth quarter, jewellery demand is...
Dubai — Kalyan Jewellers has announced the much-awaited festive season offers with the latest ‘Big Discount Sale’. These offers come at a time when festivals like...
The event had over 330 exhibitors, and over 10,000 buyers visited the show. Besides, 9,900 meetings were conducted and visitors registered from the US, UK, UAE,...
Launches Diwali ad focusing on the #TraditionOfTogetherness while also saluting frontline warriors for selfless service in the fight against COVID-19 Mumbai, 15th October 2020: Kalyan Jewellers...
Our business has recovered to about 75% of pre-Covid levels, led by the jewellery category, which has recovered to about 98% in the second quarter, compared...
October 15 (ANI): Prices of polished diamonds, especially those below 30 cents and one carat have risen by 10-25 per cent, according to diamond traders in Surat....
Diamond exports from India, which polishes about 90% of the world’s rough diamonds, will collapse by as much as a quarter this year as the pandemic crushes demand...
Spot gold prices in India(Rs. 50560.0) have increased since yesterday(Rs. 50550.0). Although, it was lower than the average gold price observed this week (Rs.50594.29) by 0.07%....
Mia by Tanishq, one of India’s most fashionable jewellery brands launched a new campaign as a toast to the light inside every woman – featuring its...
Today, the retail jewelry industry is suffering – to say the least. There are efforts in the short term to promote jewelry and incentivizing consumers for...
Chandraprakash Siroya of Siroya Jewellers is looking forward to the focused attention that the virtual format of the IIJS will bring. What do you feel about...
Deepa Agarwal of Sona Chandi Jewellers thinks that the losses suffered during the lockdown will be covered in the next six months. What are your views...
Mumbai: 14th October 2020 – In today’s world where change is inevitable, diamonds hold meaning and purpose. Reflecting the current consumer sentiment, Forevermark, the diamond brand...
Sunil Modi, the proprietor of Jaipur Diamonds, is geared up for the wedding season to boost sales What do you think about the IIJS virtual? I...
Dipu Mehta of Orra feels that the pent-up demand from the previous months, coupled with the festive and wedding seasons will spell a fortune shower for...
Siddharth Bafna of Ratanlal C Bafna Jewellers thinks the IIJS is the best thing to have happened to the industry under the current circumstances What are...
Mohit Anand of Harsahaimal Shiamal Jewellers feels marketing and good stocks will be the key to making up for most of the lost business What do...
THE Indian jewellery industry has turned bullish about the upcoming festive season, with a majority of industry representatives hoping that the period will kickstart a revival...
The proprietors of Sanghi Jewellers in Hyderabad are quite upbeat about the virtual format of the IIJS. Why? They are all about breaking barriers and doing...
Aayod Jain of Trident Corporation is banking on his mangalsutras to do the trick at the IIJS Virtual this year What do you think about the...
Sanjeev Mehta of Apranje Jewellers thinks the market will come back to normal in 6 months and the next year will see unexpected numbers What do...
Chennai: Year-on-year growth in exports of gems and jewellery dropped by 27% to $2.4 billion and 25% in Rupee terms, in September. Form April-September, the overall...
Akshay Kumar Pandya of Naqsh Jewellery is rooting for the IIJS to succeed and ice wings to his business What do you think will be the...
Darshit Hirani of P Hirani Exports Pvt Limited thinks coloured diamonds have a great future in India and IIJS is the perfect platform to enhance sales How...
Peeyush Prakash of Alankar Jewelarts Pvt Ltd will be looking at jewellery for the bridal season at the IIJS What are your thoughts about the virtual...
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