As the impact of Covid 19 deepens across industries, Platinum Guild International (PGI) commissioned a quantitative research across its key markets to study the impact of...
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...
Written By Suneeta Kaul Even as the corporate sector faces the post-Covid world with trepidation, the jewellery industry is hopeful of putting up a fairly good...
India’s Finance Ministry is considering an amnesty program for residents with illicit stash of gold, as part of an effort to crack down on tax evasion...
Kolkata, 26 July 2020: Senco Gold and Diamonds, the largest jewellery retail chain from Eastern India now focusing more on omni channels to reach customers during...
From 12th to 14th September, many excellences from the entire supply chain, all the Italian districts and from abroad at Vicenza Expo Centre. New products to...
The stand-off between India and China has brought to the fore a shrill cry to reduce India’s trade dependency with its more prosperous Asian neighbour, but...
Western investors piling into gold in the pandemic are more than making up for a collapse in demand for physical metal from traditional retail buyers in...
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...
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...
Sales of gold jewellery in the UAE have plunged by up to 85 percent due to the pandemic and have yet to pick up even after...
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...
Gold price today rose from Rs 46,479 to Rs 46,844 per 10 gram, while silver slipped from Rs 47,800 to Rs 47,695 per kilogram, according to...
In one of the world’s biggest diamond vaults, hidden inside a nondescript office compound on the dusty outskirts of Botswana’s capital, the precious stones just keep...
The consistent fall in bank credit to the gem and jewellery industry may exert further pressure and delay the recovery of the sector which is already...
Kolkata: The unrest in the major cities of the United States over the death of an unarmed black man in police custody has sparked concerns among...
A nationwide lockdown and closed jewellery shops across India have led to a severe fall in gold demand, leading to near-negligible gold imports in the month...
Shenzhen’s multi-brand jeweller Ideal has transformed its 18-year-old traditional business model to a New Retail business virtually overnight in light of the coronavirus crisis. The retailer...
Gold and silver edged higher on Friday after Sino-US tensions over Hong Kong escalated further while India continued to report an increasing number of new cases...
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...
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...
Kochi: With the easing of lockdown, jewelleries were allowed to function in the state. As the shops opened after two months, heavy rush was experienced everywhere....
With global economy sinking, safety issues in operations and Covid-19 load, the Surat Diamond Association is focussing on migrants’ return and not revival of the industry....
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...
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...
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...
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...
Indians spend billions buying the precious metal as a status symbol, dowry for daughters, investment and a gift to temples. If there’s one thing that Indians...
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...
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...
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...
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...
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...
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...
Gold eased back on Friday from its highest in nearly two weeks, as investors grew hopeful about economies reopening after COVID-19 lockdowns, but a continued wave...
GJEPC (The Gem & Jewellery Export Promotion Council), the apex body of gems and jewellery industry in the country held a webinar on May 06, 2020...
Nearly 350,000 Bengali gold jewellery karigars or artisans are returning from the jewellery hubs of Tamil Nadu, Kerala and Karnataka to West Bengal, raising concern over whether they...
The diamond cutting and polishing hub of Surat will lose business to rivals China, Thailand and African countries unless it quickly comes out of the lockdown and resumes...
Gold has been a store of value for thousands of years since the start of human race. It was then a medium of exchange in barter...
Gems and Jewellery exporters have urged the government to grant them permission to start factories in the Santacruz Electronic Export Processing Zone (SEEPZ) and to set up...
The Committee of the Bharat Diamond Bourse (BDB) put out a statement today commending the efforts of the Hon’ble Prime Minister of India Shri Narendra Modi...
The Customs department has seized just 900 kgs of gold between January and March period, as against more than 1,000 kgs during the year-ago period. And...
Banks’ outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago With the epicentre of the Covid-19...
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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