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Tag "Covid-19"

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 jeweller

Survival of the safest jeweller 0 Updated

🕔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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74% Indian consumers to prefer digital payments in 6-9 months: Report

74% Indian consumers to prefer digital payments in 6-9 months: Report 0

🕔19:13, 14.May 2020

Around 74 per cent of consumers in India will prefer carrying out payments through the digital medium in the next six to nine months, according to a report by Capgemini Research Institute. The change comes in view of the coronavirus pandemic. As per

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COVID-19 | Remonetise gold to tide over the economic crisis

COVID-19 | Remonetise gold to tide over the economic crisis 0 Updated

🕔17:31, 14.May 2020

The value of gold in India is estimated to be 40 percent of the nominal GDP. Monetising 10 percent of this will ensure a liquidity of Rs 13 lakh-crore, which can be used to overcome the crisis As the COVID-19

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Jewellery retail needs express bailout package to survive

Jewellery retail needs express bailout package to survive 0 Updated

🕔15:56, 14.May 2020

Retail sales of jewellery collapsed as gold retailers downed shutters across the country to comply with the lockdown norms. The shutdown came as a tipping point for the gold retailers who were already struggling to keep head above water as

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Covid-19 – THE #SAFEBUSINESS by IEG PROJECT IS READY: OROAREZZO AND VICENZAORO SEPTEMBER, CLOU SHOWS FOR THE JEWELLERY WORLD IN TOTAL SAFETY

Covid-19 – THE #SAFEBUSINESS by IEG PROJECT IS READY: OROAREZZO AND VICENZAORO SEPTEMBER, CLOU SHOWS FOR THE JEWELLERY WORLD IN TOTAL SAFETY 0 Updated

🕔22:28, 13.May 2020 Rimini (Italy), 13th May 2020 – Holding and taking part in trade shows in Italy in complete safety, in total respect of the rules and healthcare protocols, protecting the health of companies and visitors. #SAFEBUSINESS by IEG is the name of Read Full Article
P.C. Chandra Jewellers opens its stores in Bengal and Tripura

P.C. Chandra Jewellers opens its stores in Bengal and Tripura 0 Updated

🕔17:50, 13.May 2020 KOLKATA: P.C. Chandra Jewellers, one of the leading jewellery houses of eastern India, has reopened its six showrooms across Bengal and Tripura. The company has restarted its operations in Bankura, Purulia, Durgapur (City Centre), Katwa, Balurghat and Agartala. Being a Read Full Article
Ind-Ra sees jewellery sales declining 25 pc in FY21

Ind-Ra sees jewellery sales declining 25 pc in FY21 0

🕔18:34, 12.May 2020

India Ratings and Research (Ind-Ra) on Monday said it expects Jewellery sales to decline by 25 per cent in 2020-21 (April-March) on account of over 40 days of lockdown following COVID-19 pandemic and overall reduction in disposable income. Jewellery demand, which

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Coronavirus impact: Jewellers incur Rs 45,000 crore revenue loss during lockdown

Coronavirus impact: Jewellers incur Rs 45,000 crore revenue loss during lockdown 0

🕔11:46, 12.May 2020

After losing business worth over Rs 45,000 crore in a span of 45 days of lockdown, India’s jewellery industry is set to resume operations from next week in permitted zones in the country. Kalyan Jewellers on Saturday said it is re-opening

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Cheer among jewellery exporters, as Govt. of Maharashtra allows limited diamond and jewellery operations during lockdown

Cheer among jewellery exporters, as Govt. of Maharashtra allows limited diamond and jewellery operations during lockdown 0 Updated

🕔21:15, 11.May 2020

Thousands of gems and jewellery exporters in Mumbai took a breath of relief, as the government of Maharashtra today in a landmark decision, allowed designated export units of diamond and jewellery to begin their operations in Mumbai. However, considering the

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