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RJ Market Watch

Surat’s diamond industry starts operations with reduced workforce

Surat’s diamond industry starts operations with reduced workforce 0

🕔12:55, 20.May 2020

After government gave relaxation for opening the industries while taking necessary precautions during the fourth phase of lockdown, the diamond industry in the city opened on Tuesday. However, the industries are operating with a reduced workforce. Nilesh Bodke, who is

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Buying Diamonds is Not Obsession But a Sense of Achievement For Young Working Women

Buying Diamonds is Not Obsession But a Sense of Achievement For Young Working Women 0

🕔11:50, 20.May 2020

Sushmita Sen, a working woman, single mother, and an amazing person at heart, never looked for society’s approval to live her life. If you are one of her ardent fans, you must have noticed her sporting a 22-carat diamond ring.

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Gold up 1.7% in Mumbai as north India opens up its jewellery stores

Gold up 1.7% in Mumbai as north India opens up its jewellery stores 0

🕔20:16, 19.May 2020

Jewellery stores in north India have decided to keep the buying rate for 22-carat non-hallmarked jewellery a shade above Rs 36,000 per 10 gram, subject to further deductions in case of extra impurities. This even as the price of standard gold in the city jumped

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Natural diamond jewellery will emerge stronger, says Richa Singh of Diamond Producers Association

Natural diamond jewellery will emerge stronger, says Richa Singh of Diamond Producers Association 0 Updated

🕔19:45, 19.May 2020

In an interaction with BestMediaInfo.com, Singh, Managing Director, India, Diamond Producers Association, says consumer needs and ways of making a purchase decision are going to change drastically post Covid-19. To minimise the damage and disruption, the association is staying flexible,

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COVID-19 impact | Jewellery fabricators to slowly reopen but the damage has been severe

COVID-19 impact | Jewellery fabricators to slowly reopen but the damage has been severe 0

🕔15:56, 19.May 2020

The impact on overall fine gold consumption has been acute with there being almost no real demand for fresh gold from this segment. Asia dominates this sector, at over 75 percent of global fabrication, and it is these markets in

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Gems, jewellery exports falls 38.8 pc in Mar; down 8.9 pc in FY20

Gems, jewellery exports falls 38.8 pc in Mar; down 8.9 pc in FY20 0

🕔19:57, 18.May 2020

Mumbai, May 17 (PTI) Gems and jewellery exports in March declined 38.81 per cent to Rs 13,744.60 crore compared due to weak demand in importing countries following economic slowdown and the COVID-19 pandemic. The overall exports stood at Rs 22,463.17

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Masked burglars heighten risk of theft at Jewellery stores

Masked burglars heighten risk of theft at Jewellery stores 0

🕔19:33, 18.May 2020

Jewellery shops have only one-third the staff and only masked men are allowed in. That heightens the risk of daylight robbery, and jewellers are jittery. Leading jewellers including Tanishq, Kalyan Jewellers, Joyalukkas and Senco Gold & Diamonds have opened their showroom with one-third the normal staff, but

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Survival of the Safest

Survival of the Safest 0

🕔18:31, 18.May 2020

Neither great designs nor attractive offers, in the post-COVID world, customers will pick what is safe for them and pre-empting this, the jeweller community has introduced various precautionary measures at their stores. Nothing that worked until now will work anymore.

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India’s Affluent Diamond Industry Loses Its Sheen to Pandemic

India’s Affluent Diamond Industry Loses Its Sheen to Pandemic 0

🕔19:13, 16.May 2020

New Delhi (Sputnik): The economic repercussions of the lockdown have jeopardised the prospects of the booming luxury goods market, including the diamond industry, in India. Faced with the challenge of falling demand and an exodus of labour, diamond units in

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Growing risk of liquidation of gold in India: Chris Wood

Growing risk of liquidation of gold in India: Chris Wood 0

🕔18:43, 16.May 2020

Mumbai: Christopher Wood, global head of equity strategy at Jefferies, believes that there is a growing risk of liquidation of gold in India caused by the collapse in economic growth because of the lockdown. “…in India there is probably a

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