The gemstone and jewellery sector is witnessing a resurgence in demand now, after taking huge damage during the pandemic in 2020. There are a variety of...
India splurged a record $55.7 billion on gold imports in 2021, buying more than double the previous year’s tonnage as a price drop favoured retail buyers...
Jewellers Association Show (JAS) 2021 is catalyzing that demand and supply relationship with their fundamental mantra of bringing brilliance of Jaipur’s craftsmanship to the fore. At...
MUMBAI: The second quarter of the current fiscal could see a surge in an auction of retail assets by lenders, particularly jewellery and cars offered as...
The pandemic has thrown the jewellery industry into such disarray that there is literally no limit to safety measures. Punjabi Saraf, Indore, has struggled like any...
Paul Fernandes, a 50-year-old waiter in India, last year took out a loan using his gold as collateral to pay for his children’s education after losing...
28th June’21: Tanishq, India’s most loved and trusted jewellery brand from the house of Tata has launched its latest film to celebrate the commitment of the...
Udupi, Karnataka is now facing relaxations from the COVID-19 lockdown. People are finally opening shops to bring back the pace of daily trade. But the city,...
Prince Jewellery is providing free food to almost 100 poor people on daily basis since May.
PB Society has received 60-70 responses for the initiative and all of them have been unprecedentedly heartwarming and inspiring.
This will be used for inoculating those most vulnerable to the disease in the society with limited access to the vaccine, jewellery artisans, employees, investors, and...
In a directive issued by the Government of India, jewellers have been asked to clear out existing stocks of non-hallmark gold and silver ornaments before June...
VK Kamath Committee recommendations for OTR of Gems and Jewellery sector detrimental for Gold (Metal) Loan borrowers observes India’s Apex association for bullion and jewellery Mumbai,...
Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, has announced that it will launch 56 stores globally with...
Despite the steep fall in gold prices and the resultant fall in realisations, retail jewellers are likely to sustain the ongoing demand recovery into the next fiscal with a...
The pandemic has not only changed how companies view business, but has also given them a lot more time in hand to train their employees better....
• Diamond studded Jewellery VBSM is held from 17th to 19th March 2021. This will be followed by Loose Diamond VBSM (to be held from 24th...
Post pandemic and with the sudden rise in gold prices, it made the diamond industry boom. Many diamond merchants and retailers who were in Goa recently...
PATNA: Falling gold prices have brought some cheer for customers ahead of the wedding season, but city jewellers claim that the market is yet to reach the pre-pandemic levels despite...
PNG Jewellers, after witnessing a 35-40% rise in demand for lightweight jewellery, launched a new collection in August last year, which starts at Rs 10,000, much...
Ahmedabad: Falling gold price after the basic customs duty (BCD) cut on gold and silver has left jewellers rejoicing as the business has begun to bounce...
It is that time of the year when one needs to express their sincere gratitude towards the women force who has been the backbone during stressed...
In a landmark development, GJEPC and e-commerce giant eBay signed an MoU that will help Indian manufacturers trade across all 190 countries that it is a...
eBay will enable jewellers to have access to international buyers through eBay Marketplace GJEPC to launch an eCommerce Promotion and Facilitation Desk (“EPFD”) at all its...
Surat (Gujarat) [India], February 20 (ANI/PNN): Gujarat’s biggest gems and jewellery exhibition ‘Surat Sparkle 2021’ organised by the Southern Gujarat Chamber of Commerce and Industry (SGCCI)...
Rajesh Exports said this is the first major order accepted by the company after the outbreak of pandemic. Till recently international passenger flights were not operating...
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...
Jewellery purchase in India has traditionally been driven by touch-and-feel factor. The pandemic forced jewellery firms to adapt new marketing strategies. This included a clutch of...
The times we are in remain unprecedented, with people confined indoors and looking for solace. In search of calm, the four walls have given us the...
A once-in-a-century pandemic has hit us where it hurts the most. Our daily lives and also once-in-a-lifetime occasions like weddings have been skittled around like ninepins....
Jewellery is a luxury buy, but a secure investment too. With fluctuating markets and a drop in customer interests, thanks to the pandemic, the sector is...
Sitharaman explained that the step was taken due to the increase in prices of the precious metals. According to experts, high customs duty on gold helps...
This Valentine’s Day, add a touch of glam to the millennial’s everyday essential with Amaris 2.0 Novo & Maximo diamond-studded apple watch case! Whatever may be...
Natural Diamond Council conducted broad diamond desirability research through 360 Market Reach in the final quarter of 2020 among 5,000 respondents between the ages of 18...
I would like to start out by wishing you and everybody in our industry a happy, healthy, and prosperous 2021. We are all glad that 2020...
A research on Lab grown diamonds to break away from the conventional diamonds are slowly taking over the precious-stone landscape, If the lab grown diamond is...
Manoj Chakraborty If the pandemic wreaked havoc across continents, impacting every life, women got the raw deal again. Now that their work life is taking up...
The Gem & Jewellery Export Promotion Council (GJEPC), in its endeavour to boost export business and to revive the market sentiments post Covid , inaugurated the...
The gems and jewellery industry in India are one of the largest in the world, contributing 20 percent to global jewellery consumption. The jewellery industry has...
The gem and jewellery industry has sought reduction in customs duty on gold to four per cent, withdrawal of tax collected at source (TCS), cut in import duty on polished precious and...
Twenty-three-year-old Shivansh Raj Seth wanted to join his family business since he was a child. With his eyes on the prize, he graduated in commerce and...
By Manoj Chakraborty With five showrooms across Maharashtra and a staff strength of 350, Karan Kothari Jewellers is looking at an upward graph. With innovative inventory...
By Suneeta Kaul The colour gemstone sector of India is on the cusp of exciting opportunities, but it also faces significant challenges, especially in view of...
De Beers raised diamond prices for the first time since the outbreak of global pandemic, signaling growing confidence in a rebound for the struggling industry. Prices...
The DMCC – a Free Zone and Government of Dubai Authority on commodities trade and enterprise – announced that it has successfully hosted the largest rough...
Gold prices surged in recent months, so did the demand for gold loans. At the same time, robberies have boomed too. According to a report from...
As we bring curtains down to 2020 and look forward to the New Year ahead, 2021 will usher in a new Post COVID era as the...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Platinum Guild India has launched its new initiative – Season of Hope. This unique retail initiative on platinum jewellery pans out across 1200 stores in India...
By Suneeta Kaul The month of Adhik Maas, which is added to the Hindu calendar once every three years or so, and which falls between September...
Due to corona, the summary for the 36th Intergem from 2 to 5 October is a mixed one. Many participants reported good sales, whilst others declared...
The COVID19 situation has caused unprecedented challenges in India as well as globally and has left many reeling from its impact. It has been particularly harsh on...
Khushboo Ranawat and Novil Ranawat from Swarnshilp talk about the virtual future that lies ahead for the sector, and how IIJS will contribute the most towards...
Raghava Rastogi of Jugal Kishore Jewellers says that one should not try new products just for the sake of it. There should be innovation and a...
Samir Shah of Indigo Jewellery says that the markets are opening up and the IIJS will be an excellent bandwagon to ramp up market strategies in...
Jewellery retailer Tanishq is looking at innovations in the material it uses in its range of jewellery to introduce light-weight pieces, as it looks to serve shoppers at...
Mansukh Kothari, director of Vasupati Jewellers, is hoping for a share of the success pie from IIJS Virtual. An 18-year old-timer at the IIJS, he hopes to...
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...
In view of rising gold prices, demand for lightweight gold jewellery has shot up in the past couple of months. Concomitantly, consumers are also showing a...
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...
Deepak Choksi of CVM thinks preparing ahead is the way to tackle any loss that one may have suffered during the pandemic. The IIJS Virtual, he...
Premprakash Goyani from Mumbai’s Lotus Jewels is looking forward to the IIJS Virtual because it gives him a chance to venture into local areas, and expand...
Gold may remain vulnerable to further losses in the short term, as markets are being impacted by movements in the US dollar, mainly due to the...
25th September 2020: After a gloomy first half that 2020 left behind, consumer sentiments are gradually returning to normalcy and consumers are now gearing up to...
Gem & Jewellery Export Promotion Council, the apex body of gem & jewellery trade in India, in its endeavour to boost exports from India , is...
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...
24th September, 2020: Malabar Gold & Diamonds, one of the largest gold and diamond retail chains in the country, is all set to inaugurate its 13th...
India’s gold trade may face a working capital problem following the imposition of 0.1 percent tax collected at source (TCS NSE -3.78 %) effective from October...
21st September, 2020, Mumbai: GJEPC kickstarted its first Plain Gold Jewellery Virtual Buyer Seller Meet (VBSM) on 21st September, which follows closely on the heels of...
KOLKATA: The pandemic has not deterred big retail jewellers from adding new space to spruce up their businesses in the current fiscal. Retail jewellers like Tanishq,...
A face to reckon with, Ana de Armas has become the face for Natural Diamond Council. The latest Bond girl opens up about the association, what...
When everything real is meeting with a shake of the head, IIJS Virtual, the digital edition of Gem & Jewellery Export Promotion Council’s (GJEPC) flagship show,...
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...
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 steadfast diligence and entrepreneurial spirit of Surat diamond manufacturers shines through even in the times of the pandemic. Mumbai 10th Sept. 2020: Surat, the world’s...
Colin Shah, Chairman, Gems & Jewellery Export Promotion Council, asserts that while MSMEs in the sector are benefiting from the redefinition and Aatma Nirbhar Bharat Scheme,...
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...
The two-day meet will have Virtual Reality , real life experience for buyers and sellers of diamond trade. Mumbai, September 3, 2020: The Gem and Jewellery Export Promotion...
GJEPC Chairman is seeing “multiple reasons to be optimistic about the holiday season ahead” In an interview with Rough & Polished, Colin Shah, Chairman of The...
The resurgence came in the same week that Tiffany said its monthly jewellery sales improved, adding to optimism the entire industry is rebounding For the past...
Optimism of a rebound will bring relief to a supply chain that’s been paralysed since the pandemic hit London FOR the past six months, the global...
The pandemic, which has torn through the world, has had a severe impact on all industries, but there has also been a flip side to it....
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...
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...
150 years C. Krishniah Chetty Group Of Jewellers today have launched a limited edition of ‘Vinayati Ganapathi’ for the auspicious occasion of Ganesh Chaturthi to help save the world through...
The Forevermark Forum 2020 began on August 18, the first time on a virtual plane, and gave us an insight into the future of the diamond...
Imports of the yellow metal stood at $13.16 billion (about Rs 91,440 crore) in the corresponding period of 2019-20. New Delhi: India’s gold imports, which have a...
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...
Stocking the right diamonds in the right quantity saves many-a-regret later, said Vinod Hayagriv, Managing Director of C. Krishniah Chetty & Sons Pvt Ltd, in a...
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...
