Surat SEZ Diamond, Gems, and Jewellery Exports Fall by Rs.12,765 Crore in FY 2023-24
Surat's Special Economic Zone (SEZ) faced a significant setback in FY 2023-24, with diamond, gems, and jewellery exports dropping by Rs.12,765 crore compared to the previous fiscal year. This decline reflects ongoing economic challenges in major international markets such as China, the U.S., and Europe, which have impacted demand for luxury and high-value goods
Tanishq and De Beers Forge Strategic Alliance to Boost Diamond Jewellery in India
Retailers Eye Growth as Diamonds Account for 30% of Sales
India's Gem & Jewellery Exports Plunge 21.9% in July Amid Global Economic Uncertainty
India's gem and jewellery exports took a significant hit in July 2023, plunging 21.93% to USD 1,665.4 million (Rs 13,922.03 crore) compared to the same period last year
The Indian Jewellery market has grown from USD 50b in FY18 to USD 80B in FY24
Motilal Oswal Financial Services Ltd (MOFSL) suggest that the size of the Indian jewellery retail sector was close to USD80b (INR6,400b) in FY24
Banking Institutions Appeal to RBI for Permission to Provide Silver Metal Loans to Jewellery Manufacturers
Point to Gold Loan Triumph as Silver Jewelry Demand Surges Amid Festivals and Exports
Gold Mid-Year Outlook 2022
World Gold Council’s report reveals research findings on gold rates, factors affecting investors, gold demand and comments on other important findings
Gold remains resilient amid heightened global uncertainty: WGC
The World Gold Council’s latest Gold Demand Trends Report reveals gold ETFs had their strongest quarterly inflows of 269t since Q3 2020, more than reversing the 173t annual net outflow from 2021, and driven in part by the rising gold price
According To This Delhi-Based Jeweller, Being A Good Human Being Before Being A Good Businessman Is Most Important
Himanshu Shekhar, director, Manohar Lal Sarraf & Sons Jewellers, Delhi recalls how he overcame challenges during the past year and shares some vital insights
What This Jeweller Learnt Standing In A Queue At Mcdonald's
Customer is the king when it comes to G & J business – especially in recent times of excessive business competition, pandemic, economic slowdown and uncertainty. Vastupal Ranka recalls an incident, which offers immense learning and value
What Jewellers Across India Expect From Union Budget 2021? Reduce Import Duty On Gold, Simplify Import Process, Nurture MSME Gold And Jewellery Traders
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
Strong Growth In Global Investment Demand For Gold In Q3 Partially Offset Weakness Elsewhere As Consumers Battled The Effects Of COVID-19
Global gold demand dropped by 19% y-o-y to 892t in Q3
India's gems and jewellery exports declined by 38% to $1.36 billion in July
Overall gross exports of gems and jewellery in the month of July this year declined by around 38%
Gem, Jewellery Exports Dip 34.72% in June: GJEPC
During April-June this fiscal, the exports dipped by 54.79 per cent to USD 2.75 billion as against USD 6.07 billion in the same period last year
Gold Retailers Announce Attractive Discounts to Lure Customers to Beat Escalating Gold Prices
Restrained retail demand for gold in India compels dealers to offer discount on purchase of gold
The New Normal Series: Kerala
It’s Not All Glitter in God’s Own Country
Jewellers in the coastal State of Kerala are looking for ways to battle the economic downturn resulting from the pandemic…
