The Budget has not addressed any of the concerns of the gem and jewellery industry, leaving the industry disappointed

Gold prices are soaring, and instead of causing demand to slow down, the opposite is happening, as it does often, when it comes to gold sales in India, discovers R Sugandha

There is no consensus among retailers regarding the impact the high gold prices will have on the buying pattern of customers this Akshaya Tritiya. While some feel that the unprecedented jump will dampen spirits, others are of the opinion that it will be business as usual, finds out Suneeta Kaul

Gauging the buying capacity of customers is a complicated issue – retailers have to make an assessment based on the body language and reactions of buyers, as well as their attire and accessories, says Suneeta Kaul

Gems & Jewellery Council’s maiden initiative is appreciated and lauded by the industry

Agra-based Abhushan Jewellers opened its second store at Crossroads Mall, Sikandra

Amidst several concerns, long meetings, continual discussions and more, the landmark regulation related to mandatory hallmarking becomes a reality in India – all set to change the course of the Indian G & J Industry completely. Opinions from across the industry highlight the upsides and downsides of thisregulation, says Sugandha R

Mandatory hallmarking has finally become a reality and many jewellery retailers are having mixed opinions – on the whole they welcome the move and are eager to fulfill all requirements of hallmarking

Couture India Holiday Edition, held at Goa from March 19 to 21  was a grand success and as the first offline show to be held since the pandemic, it brought together topmost manufacturers and retailers and therefore stood out from the rest of the G & J exhibitions and shows conducted worldwide – with its distinctive content, format, eclectic exhibitors of fine gems and jewellery

Customs duty on gold and silver decreased to 7.5 per cent from 12.5 per cent with an addition of 2.5 per cent AIDC (Agri Infra & Development Cess) – in effect reduced to 10 per cent -- applauded unanimously by the whole G & J industry

Customs duty on gold and silver decreased to 7.5% from 12.5% with an addition of 2.5% AIDC (Agri Infra & Development Cess) – in effect reduced to 10% -- applauded unanimously by the whole G & J industry

Anand Prakash, Abhushan Jewellers, Agra has been through a lot during the past year and with sheer grit he transformed every adversity into an opportunity. He shares his anecdotes with IJ

India’s economic slowdown which began before the lockdown of 2020, eventually brought the whole economy on its knees. Therefore this budget will have to be truly ground breaking in order to resurrect the Indian economy. Here’s what industry personnel expect of the Union Budget of 2021
 

It was conceptualised to give a very high end consumer a unique luxury experience and to bring at the forefront the talent and creativity amongst the leading ladies of Agra, while also engaging charitable cause with it