Jaymin Vora of Romil Jewellery feels tha IIJS Virtual will be the place to be for all jewellers who want to experience a state-of-the-art technology What...
Part of a booming global sector, jewellers hardly go out of reckoning. As the industry grows at a stunning pace, most retailers and manufacturers look out...
The digital revolution has finally hit the jewellery sector and the transition has not been easy for many. While most of us are grappling for solutions,...
On August 7, gold touched a price of $2,074/ounce in international markets and Rs 56,254/10 gm. The geopolitical uncertainty between the US and China means an...
AHMEDABAD: In a boost to jewellery sales ahead of the festive season, gold prices declined sharply by Rs 1,000 per 10g over the past two days....
Pursuant to the demand notice issued dated 17th September 2020 in select newspapers in Pune naming chairman and managing director of PNG Jewellers as a “Guarantor”...
New Delhi: Slack demand leading to lower cash accrual, elevated inventory levels and curtailed bank finance will lead to moderately negative credit outlook for gold jewellery...
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...
by Suneeta Kaul Union Consumer Affairs Minister Ram Vilas Paswan recently announced that the deadline for mandatory hallmarking of gold jewellery and artefacts would be extended by...
KOLKATA: After months of depressed sales due to the lockdown, India’s gold jewellery trade is showing early signs of recovery, with the metal’s restocking reducing the...
The world’s second-biggest consumer of the precious metal imported around 60 tonnes of gold in August, up from 32.1 tonnes a year ago India’s gold imports...
Currently, gold hallmarking is voluntary in nature. However, it will be made mandatory from June 2021. Gold sold by jewellers will need to have ‘hallmark’ quality...
Kalyan Jewellers India Limited (“Kalyan Jewellers” or “Company”), one of the largest jewellery companies in India based on revenue as of March 31, 2020, according to...
Themed ‘Meaningful Tomorrows’, the 9th Edition of the Forevermark Forum Addresses Today’s Challenges and Tomorrow’s opportunities Mumbai: 20 August, 2020 – Staying true to the resilience...
Pratap Kamath, managing director of Abaran Timeless Jewellery, talks to Samit Bhatta, publisher, The Retail Jewellers magazine, on his Forevermark journey Samit Bhatta (SB): How has...
mirrAR is the first ever real-time Augmented Reality (AR) tech platform for the Gems & Jewellery Industry that lets shoppers virtually try-on jewellery without physically wearing it,...
Jewellers across the country are unlikely to achieve 100% gold hallmarking by June 2021, the new deadline set by the government, according to the India Bullion...
In view of the coronavirus pandemic, the government has extended deadline for mandatory hallmarking of gold jewellery and artefacts by over four months. The deadline has been extended...
In view of the coronavirus pandemic, the government on Monday announced the extension of a deadline for mandatory hallmarking of gold jewellery and artefacts by over...
The Rs 475,000-crore Indian jewellery sector has entered a consolidation phase with jewellers renegotiating for a 25-30 per cent of cut in rent, reducing store sizes and inventories,...
More than 100 jewellery outlets across Dubai have launched promotions for the Dubai Summer Surprises (DSS) 2020, the Dubai Gold & Jewellery Group (DGJG) said on...
Customer-centricity is the key to omnichannel success. As brick-and-mortar Jewellery retailers make their transition into omnichannel retail, they often fall short in meeting demanding customer expectations....
Most of the artisans, or karigars, who work at jewellery manufacturing hubs in the country hail from West Bengal. Jewellers are ready to take them to...
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...
Jewellers have started melting newer ornaments to reduce inventory as recession has started affecting their businesses. Gold prices on Monday jumped to Rs 48,320 from Rs 48,...
India’s gold imports plunged 86% year-on-year in June due to record high prices and as international air travel was banned and many jewellery shops closed amid a...
Written by Praveer Sinha Lockdown or no lockdown, brands across industries have shown that there no dearth in creativity when it comes to reaching out to...
BSE, Asia’s oldest exchange and the world’s fastest exchange with the speed of 6 microseconds executed maiden delivery of Gold mini on ‘Options in Goods’ framework....
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...
State Bank of India (SBI) has mobilised 13,212 kg of household and institutional gold through the Gold Monetisation Scheme (GMS), according to the state-owned bank’s annual...
After lockdown restrictions were eased in Unlock 1.0, jewellery stores reopened, with measures such as visual trials, displaying jewellery on video calls, and appointment-based shopping. However,...
The angadia, who has an office in the BDB , shuttered it on Wednesday noon , well before normal closing hours, and has been incommunicado since,...
Now that the lockdown is easing, how are sales looking and what are the early trends that you are picking up? The stores started opening from...
Gold imports by India slumped by about 99 per cent for a second straight month in May, disrupted by lockdown. Inbound shipments fell to 1.3 tonnes...
Jewellers and bullion traders have urged the government to extend the deadline for mandatory hallmarking by a year to January 2022, saying the loss of business...
Asia’s largest jewellery and bullion hub, Zaveri Bazaar, bore a deserted look on Day 2, as stores remained shut due to paucity of staff, many who...
Gold price today jumped from Rs 46,200 to Rs 46,210 to per 10 gram, while silver slipped from Rs 47,400 to Rs 47,410 per kilogram, according to...
BENGALURU/MUMBAI: Physical gold dealers in India offered the highest discounts in about two months this week as customers kept away with corona virus cases in the country continuing to mount,...
The brightly lit neon signboards of jewellery stores across the city have flickered to life, rekindling hope of a rebound in business for lakhs of skilled...
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...
Retail Jeweller Market speaks to a cross-section of jewellers to get an overview of the impact of the lockdown on the industry at present and post...
When life gives you lemons, making lemonade is the only great idea. This is precisely what jewellery retailers seem to doing as they embrace technology to...
Ten gm of pure gold (24 carat) is inching toward Rs 50,000, a deterrent for many admirers of the yellow metal. Yet, ardent Puneites are at the counters...
Dev Shetty, President and CEO, Fura Gems in a conversation with Samit Bhatta, Publisher, The Retail Jeweller shares his company’s vision for 2024 and his future...
Not unlike many other sectors, the gold industry has been lulled into a silence since the country went into a lockdown two months ago in a...
Jewellers operating in states like Kerala , Maharashtra and Goa, whose governments have eased restrictions in certain areas , said Most customers were placing orders rather...
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...
New Delhi: Gold prices on Tuesday rose by Rs 104 to Rs 45,885 per 10 gram in futures trade as speculators created fresh positions on firm...
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...
Jewellers, who have opened their stores in green zones, are witnessing thin sales. Most people coming to their stores either want to sell their jewellery or...
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...
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...
The Ministry of Home Affairs (MHA) has allowed shops to open during the lockdown, which has been extended till May 18, for essential commodities and standalone...
The issue price for the next tranche of Sovereign Gold Bonds has been fixed at Rs 4,590 per gram of gold, the Reserve Bank of...
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...
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...
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...
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...
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...
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...
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...
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...
The indigenous gem and jewellery sector in the country has come to a “standstill” amid the coronavirus pandemic and is in immediate need of relief measures...
Customer handling has become one of major challenge in today’s competitive world. It requires lot of patience and positive attitude from the retailers’ side. The Retail...
The World Gold Council (WGC) is looking to put in place a prescribed set of principles, or a code of conduct, called the Retail Gold Investment...
The Income-Tax (I-T) department has issued recovery orders against several jewellers across India over cash deposits made in 2016-17 after demonetisation, Business Standard reported. There is fear...
India has been myopic about so many things. One of them, tragically, is gold. It has forgotten to exploit its own mines. It gave out licences...
Mumbai: There is a ray of hope for diamond houses and jewellers which have been hurt by slow demand, tight liquidity, and a trust deficit in...
Bhubaneswar: The State government has collected Rs 3.77 lakh fine after raids at 45 jewellery shops in six cities of the State. During the search carried out...
Veeresh Hiremath It has been a roller-coaster ride for the world precious metals market in September after touching a new six-year high the previous month. The...
AHMEDABAD: As gold prices rallied to a record high on Monday, breaching the Rs 37,000-mark per 10g, jewellers became jittery of a further drop in demand....
Small businesses taking deposits from friends and relatives for purely business purposes will not come under the preview of Banning of Unregulated Deposit Scheme Bill, the...
All India Gem & Jewellery Thanks Honourable Finance Minister Shri Nirmala Sitharaman ji for the Union Budget 2019 – 20. However, Gold will now become more...
NEW DELHI: Gold imports in May jumped 49 per cent from a year earlier to 116 tonnes as a correction in local prices during a key...
New Delhi: Gold prices Monday rose by Rs 75 to Rs 33,195 per 10 gram in the national capital on fresh buying by jewellers amid firm...
India’s dream of gold monetisation appears far-fetched even after three years of its introduction, with a meagre 15 tonnes, a fraction of the 25,000 tonnes of...
BENGALURU: Digital payment firms are seeing increased sales during festivals like Akshaya Tritiya backed by attractive offers. Bengaluru-based PhonePe said that it saw a six times...
Leading jewellers in the state have registered higher sales on the auspicious day of Akshaya Tritiya, with growth rates ranging from 5% to 25% in Kerala, said the industry...
Chennai: Gold imports in the March quarter went up by 20 per cent as optimistic jewellers started stocking up inventory ahead of Akshaya Tritiya. Retail demand has...
Verma Jewellers of Solan which has the pride of having pioneered the launch of Hall Marked jewellery in Himachal Pradesh some 17 years ago, and having...
Jewellers are expecting an increase of 10% -30% in sales this Akshay Tritiya, which falls on May 7, in comparison to last year. They said that...
MUMBAI: The Diamond Producers Association (DPA) will soon be starting a project with the Gem and Jewellery Export Promotion Council in India to evaluate the feasibility of...
Major jewellers in the country have appealed to the government for standardisation in hallmarking of gold, contending that multiple measures of purity involved in the process was creating...
Digital gold accounts in the country have risen significantly, taking the customer base past the 80 million mark by March end. This is more than twice...
A pan-India association of jewellers has requested to the Delhi’s chief electoral officer (CEO) to ensure ease of movement of gold and other precious metals across...
Jewellers enjoyed a good Saturday, as jewellers flocked to their businesses on the occasion of Gudi Padwa. As against the jewellery expectation of a 10 percent...
KOLKATA: Jewellers have approached the chief election commissioner and his state-level counterparts to restrain the police, alleging harassment by law enforcement after the model code of conduct came...
Even a month after banning unregulated deposits, some questions are still unanswered whether deposits taken by jewellers from customers is acceptable especially when jewellers are not regulated. Jewellers initially feared that the...
The Maharashtrian Festival of Gudi Padwa marks the beginning of the New Year as per the Lunar Hindu calendar. As we know this is an auspicious...
JAIPUR: Rajasthan income tax (I-T) department held a public auction of seized golds, silver as well as precious and semi-precious stones in the city on Wednesday. While...
The most selective jewellery trade show in India, IIJS Signature held its 12th edition at Bombay Exhibition Center during February 10-13, 2019. In arguably the best...
MUMBAI: Jewellers offering gold savings programmes, wherein buyers pay every month to receive the contracted piece of ornament at the end of the year, must necessarily...
Machines replaced human hands in the manufacturing of gold jewellery a few decades back. The need, back then, was to cut costs, and cater to the rising popularity of machine...
Gold prices on Wednesday declined marginally by Rs 25 to Rs 34,450 per 10 gram at the bullion market in the national capital on muted demand...
[vc_row][vc_column][vc_column_text]With Valentine’s Day just around the corner, brands are all out to lure their customers with their latest captivating collections. From heart shaped jewellery, featuring stackable rings,...
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...
We bring you a weekly wrap of the most significant retail happenings absolutely free of cost. A free subscription to Retail DIVE will keep you ahead in business and know-how!
We bring you a weekly wrap of the most significant retail happenings absolutely free of cost. A free subscription to Retail DIVE will keep you ahead in business and know-how!