India Gold Demand Moderates as Duty Hike and Price Volatility Weigh on Buying
India’s gold market slowed through May and early June as higher import duties, price volatility and seasonal factors curtailed jewellery demand, while ETF outflows and imports also declined.
Isha Ambani Unveils Reliance Retail’s Foray into Luxury Jewellery and Expanding Fashion Horizons
Isha Ambani, Director of Reliance Retail Ventures Limited (RRVL), has announced the company’s bold entry into the luxury jewellery market, a move that signifies a strategic expansion into an elite sector
Promotional schemes and new store openings could propel 10-11% growth in retail jewellery sector
This is based on an analysis of 50 CRISIL-rated jewellery retailers, which together account for about half of the revenues of the organised jewellery retail market in India
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