Jaipur’s gems and jewellery exports may experience muted growth this financial year, with hopes of a boost during the festive season. The city’s export figures may...
As Covid-19 cases surge again and authorities bring back some of the restrictions, gold purchase by jewellers has dropped by 25% in the past one week as...
Mumbai: Nearly 28 per cent of urban Indians are planning to spend on gold in the next three months, signalling a renewed appetite for the yellow...
Starting from 15th September, Bengaluru will face the biggest test of the industry. Covid-19 had given the benefit of doubt to Karnataka, thanks to the safe...
The upshot is that gold loans are unlikely to slow down as Indians would want to ride out covid by putting this liquid asset to use....
New Delhi: PC Jeweller on Saturday reported narrowing of net loss to Rs 65.58 crore for the first quarter ended June 30, 2021. The company had...
GJEPC
Kalyan Jewellers has launchedthe #DosesOfTrust campaign across showrooms in India and Middle East emphasizing around the company’s focus towards providing a safe and sterile retail experience...
Gold prices eased on Friday as the dollar held gains ahead of the much-anticipated U.S. jobs data, while a growing number of Federal Reserve officials signalled...
CHENNAI: Khazana Jewellery has launched a new initiative called the ‘Hearts of gold campaign’, under which the jeweller is sharing a series of inspiring stories of...
In order to pay a tribute to the doctors who are working tirelessly, Prasad Jewellers thanked the real heroes by felicitating them on the occasion of...
Dealers offered discounts of up to $12 an ounce over official domestic prices, inclusive of 10.75% import and 3% sales levies.
Revenue for the year to March 31 rose 23.6% to HK$70.16 billion from HK$56.75 billion a year earlier, driven by retail expansion amid improving consumer sentiment.
With immense financial uncertainty, many have turned to investing in gold as a safe haven.
The monthly exports beat industry’s expectations in April as exports of cut and polished diamonds, lab-grown synthetic diamonds and coloured gemstones alone accounted for over US$...
Punjab Jewels have distributed 40,000 Covid -19 home isolation kits to 8 districts across Indore, Bhopal, Dewas, Ujjain, Vidisha, Dhar and counting.
As opposed to unsecured personal loans, pledging gold as collateral lowers borrowing costs significantly, allowing poorer households to access the credit they would not otherwise be...
Luxury handbags have emerged as the ‘most wanted’ and ‘most desired’ items on shoppers’ lists worldwide, India included.
De Beers sold US$450mln of rough diamonds in its third sales cycle of 2021, revised upwards from its provisional figure of US$440mln, and US$56mln in its...
Business is in disarray, thanks to multiple waves of the novel Coronavirus pandemic forcing state governments to go back and forth on enforcing lockdowns. Such a...
Mumbai: In wake of the Covid-19 pandemic, almost all countries, including ours, are still grappling with the subsequent second and the third waves of the deadly...
Premiums on gold over official domestic prices in India dipped this week amid faltering demand, Reuters reported. Rising prices and strict restrictions to contain the spread...
Baroda-based Narayan Jewellers by Ketan and Jatin Chokshi is among a handful of high-end jewellery houses that have often represented India at global red carpet events...
Gold, a major item in India’s import and export baskets to the UAE, is among a host of goods impacted as stringent restrictions on movement have...
Pune: As weddings are trimmed down, office-working has almost gone bust, and gold prices are heading north again, jewellers, both established and new entrants, said they...
Even as several migrant workers have left Gujarat’s Surat city due to the COVID-19 surge and anticipation of a lockdown, people associated with the diamond industry...
JAIPUR: The gems and jewellery sector in Rajasthan, already hit hard by the first wave of COVID-19, has now been left worried with the pandemic’s second...
In March 2021, Kalyan Jewellers successfully completed its initial public offering (IPO) and raised approximately Rs. 800 Crore (Rs. 8,000,000,000) of primary capital for the Company,...
Gem Diamonds Ltd. (LSE : GEMD), owners of the Letseng Diamond Mine in Lesotho and the Ghaghoo Mine in Botswana, announcing its full year results for...
With Covid-19 making its presence known everywhere, all sectors have been hit. The bridal market has suffered gravely because the festivities have been cut down to...
by Manoj Chakraborty ‘The Couture’ by Khurana Jewellery House satiates the high-fashion needs of local patrons who no longer travel to metros post- Covid and leverages...
NEW DELHI: Physical gold demand in India gained momentum this week as retail buyers and jewellers lapped up bullion at near eight-month low prices, while Singapore...
Jewellery manufacturer and retailer PC Jeweller on Friday reported a surge in consolidated profit after tax at Rs 129.64 crore during the quarter ended December. PC Jeweller PAT stood...
The Tata-owned brand Tanishq has been known for its emotionally affective, memorable advertisements. Last year it launched the ‘Dua Ka Sona’ campaign, which highlighted the social...
After taking storytelling and consumer engagement to a whole new level with their ‘golden bond’ campaign last year, Verma Jewellers have come up with its second...
Weak Q4 set the seal on an 11-year low for annual 2020 gold demand. The global gold market was ravaged by COVID-19 disruption throughout the year,...
Manoj Chakraborty After Covid-19 hit the jewellery sector, bridal sales have become the industry’s lifeline because they border on essential buys. Jewellers across India are pulling...
The Gem & Jewellery Export Promotion Council (GJEPC), in its endeavour to boost export business and to revive the market sentiments post Covid , inaugurated the...
At the inaugural ceremony of 5-day e-IGJS organised by GJEPC, the minister stated that the trade fair at an ideal time as demand for gems and...
The coronavirus pandemic and the disruption in the supply chain dimmed the glitter of the world’s largest diamond cutting and polishing centre in Surat. However, Christmas...
Gold jewellery sales in Hong Kong fell by almost 80 per cent this year as the Covid-19 pandemic spoiled countless wedding parties and other celebrations, according...
While a majority of sectors have been negatively impacted by the coronavirus pandemic, raw diamond cutting and polishing units in and around Surat city of Gujarat...
DUBAI: Jewelry has been a passion in Nasser Farsi’s family for over a century, says the 34-year-old Saudi from Jeddah, who is keeping the tradition alive....
While for most of us 2020 has been an unforgettable year in a negative sense due to the pandemic and all the hardships it brought, Nepalese...
Dubai: Around 100 gold and jewellery stores shut down in the UAE this year after the pandemic struck – and that’s not a bad thing, according...
With the pleasant sight of snowflakes settling ever so calmly on our window panes while we find ourselves sipping hot cuppa, December is the month that...
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 of India (GJEPC) in a statement said that it has also proposed for amendment in taxation provisions to allow...
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...
The company that sells watches, jewellery and eyewear said it witnessed 98% recovery (excluding sale of raw gold) in the jewellery division in Q2 compared to...
GIA India organised the Knowledge Webinar ‘September Birthstone: Sapphire’ for members of the gem and jewellery trade across India More than 150 participants attended this webinar...
During a typical Diwali and wedding season, there is always a rush for gold, jewellery and gems. New Delhi: After a tough six months of pandemic (and...
30th September 2020: Mr. Manoj Kumar Jha and Mrs. Poonam Jha of Kamakhya Jewels were honoured with the prestigious and most coveted Economic Times – ET...
The economic impact of Covid 19 outbreak is progressing from a supply shock, to a demand shock as incomes and jobs shrink according to a survey...
The board of directors of Expo Centre Sharjah announced that the 48th edition of the Watch and Jewellery Middle East Show (WJMES), which was scheduled to...
Dubai: UAE’s shoppers are staying away from jewellery stores after gold prices touched record highs – but that doesn’t mean these retailers are losing a lot...
De Beers thinks the recovery is at an early stage and that it will take some time to get back to pre-pandemic levels of demand. De...
The pandemic Covid-19 has devoured many businesses across the globe hence, slashing the world economic growth to almost half. The jewellery sector is also adversely affected...
French luxury goods giant LVMH (MC.PA) has ended plans to buy Tiffany (TIF), prompting a law suit to try and force the deal through. LVMH said in...
India’s diamond exporters are growing wary of the Chinese market owing to the rising tension between the two countries over the border issue and the move...
On Friday, the drive continued and the officials had found no SOP was followed and no rapid antigen tests were done at three diamond factories identified...
Kolkata: Recovery in diamond sales is primarily coming from tier-II cities in India, rather that tier-I or the mega cities, says Forevermark (India) president Sachin Jain. The leading diamond brand from De...
NEW DELHI: A 47-year-old jeweller and his 42-year-old brother allegedly died by suicide in their shop in north Delhi’s Chandni Chowk on Wednesday afternoon, according to police, who also...
Celebrating the humane side of the Indian G&J Industry, Gems & Jewellery Export Promotion Council (GJEPC) in association with the World Gold Council felicitated the real...
An Israeli jewellery company is working on what it says will be the world’s most expensive coronavirus mask, a gold, diamond-encrusted face covering with a price tag of...
Diamond and gold jewellery exporters are witnessing a gradual improvement in shipments with the reopening of global markets and expect the recovery to become steep in...
by Suneeta Kaul The Big Fat Indian Wedding does not exist only in movies – it is a reality that spans metros, smaller cities, towns, and...
GIA India organised a Knowledge Webinar on “July Birthstone: Ruby” for members of the gem and jewellery trade across India. More than 170 participants attended this...
Incentives are not new to the business of sales or marketing, however over the years the way we use incentives to create a better, holistic customer...
Tanishq, India’s leading and most trusted jewellery brand from the house of Tata today introduced new safety features adding to the existing set of safety measures...
The vice chairman of All India Gem and Jewellery Domestic Council had been battling Covid-19 since the past few weeks Shaankar Sen, chairman and managing director...
Dubai gold jewellers have assured shoppers that the jewellery they try on at the local outlets is safe, as they are regularly sterilised to protect consumers...
Gold jewellery prices vary across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. Gold prices on Friday surged...
Gold Rate In India: Domestic gold and silver futures soared to touch new all-time highs on Tuesday. MCX gold futures, due for delivery on August 5, gained...
“Diamond markets will be shut but safe deposit vaults will be allowed to be opened for traders for four hours on July 20 and July 24...
While jewellery shows the world over are postponing until next year or morphing into digital-only experiences due to the Coronavirus pandemic, boutique event The Jewellery Cut...
The demand for gold jewellery has picked up in the country, to the surprise of even the industry. Even as the COVID-19-linked turmoil is going on, gold jewellerry...
Promotes Chief Operating Officer, Mr. Sanjay Raghuraman, to the position of Chief Executive Officer Strengthens leadership team by appointing ex-Shoppers Stop CEO, Mr. Salil Nair and ex-L&K...
With contracting global output, global economies in a deeper recession than anticipated, and dearth of good returns in many other asset classes, gold has emerged as...
We have seen a substantial jump in ETFs in the last few weeks, says PR Somasundaram Gold continues to shine bright and clearly that risk aversion,...
Giving details of the newly-developed ventilator, Director of DRC Techno company Vipul Sutariya said, “Respiwin is a low-cost ventilator which has been developed by 15 engineers...
Surat, the world’s largest diamond cutting and polishing center, is getting back to business with “a new protocol to fight the spread of COVID-19”, according to Rough &...
A strong global demand for gold, along with a depreciating rupee, helped the yellow metal to breach the Rs 50,000-per-10gm mark in Mumbai’s retail market on Wednesday. This...
Gold prices in India fell after rising near record highs in early session. On MCX, August gold futures were down ₹50 to ₹48,250 per 10 gram after rising...
Of the total 19 deaths reported from the state, two were from Surat district and one from Surat city. Remaining 13 were reported from Ahmedabad city,...
Chinese brides are major contributors to the world’s diamond purchases, helping China become the world’s second-largest consumer of the precious stones, right after the United States....
Surat: Shaken by the sudden spike in the Covid-19 cases among its workforce, the majority of the big diamond units in Katargam zone of Surat city...
Amid gloomy economic outlook and continued uncertainty, if there is one asset class that looks likely to flourish, it is gold. With domestic prices at record...
If there is one thing that’s glittering amid all the Coronavirus gloom, it’s the yellow metal. Gold has been on a record-busting spree and zipped past the Rs...
Covid-19 has changed the way we look at things. Not only has the global pandemic affected our lives in unimaginable ways, but also impacted our habits...
Bengaluru’s 150-year old jewellery brand, C Krishniah Chetty Group of Jewellers has taken a definitive step to stop offering cultured pearls which are suspected to originate from China,...
The increasing number of COVID-19 cases among Surat’s diamond industry workers has made the authorities sit up. A meeting has been convened on Monday to chalk...
India’s gem and jewellery exports plunged nearly 84% year-on-year in April-May owing to the trade disruption caused by Covid-19 while the fall in exports of cut...
Zaveri Bazaar reopened last week after 75 days of lockdown and according to industry sources, after suffering a loss of 14 to 15 thousand crores. Home...
The extended lockdown and the global pandemic has taken sheen out of the diamond industry. The export of polished diamonds between April and May fell by...
The angadia, who has an office in the BDB , shuttered it on Wednesday noon , well before normal closing hours, and has been incommunicado since,...
The price of gold declined 1 per cent on Monday, following the global movement, over poor retail consumer demand and weak equity market sentiment. Standard gold...
Fura Gems updated investors on Wednesday on its 76%-owned Coscuez emerald mine in Colombia, where operations have begun again with 50% of the workforce. Since acquiring...
ORRA, India’s leading house of finest bridal jewellery announced the re-opening of its retail stores after receiving government approvals. The brand has commenced operations in all...
The brand in order to capitalize on the festive season is offering deals available across all Tanishq stores in West...
In addition to the new campaigns, Lightbox has introduced two new jewellery collections: “Reminiscence” and “City Lights” Mumbai: Lightbox, the...
The puja-themed video comprises all the quintessential elements of the festival and highlights four distinct jewellery styles portrayed by each...
The brand’s social media page prominently showcases a variety of reels and shots from the music video, capturing the essence...
The Gold Jewellery Mela campaign, like in its previous editions, attracted primarily bridal jewellery consumers, with about 70% of the...
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