Page 10 - Jewellery

Covid-19: Bullion traders to resort to online channels for jewellery sales

Hit hard by the Covid-19 pandemic, bullion traders here have decided to sell their jewellery products through websites and apps also

Titan's Q4 margin surprise fails to impress over pressure in jewellery biz

Expectations of margin pressure, mainly in jewellery business, which contributes over 80% of Titan's overall operating profit, is a key reason why the Street is worried.

Titan defers launch of jewellery collections, expects demand to be muted

Company says Covid-19 situation to adversely affect profitability during the first half of this year

Gold up 1.7% in Mumbai as north India opens up its jewellery stores

Retailes in Delhi NCR fix non-hallmarked buying price at Rs 36,000 per 10 grams

It will take years for jewellery sales to reach pre-Covid levels: Experts

Zero making charges may not work any more; store sales to be impacted as consumers buy online

Jewellery exporters seek permission to start diamond bourse, SEZ in Mumbai

The industry would like to commence operations at the earliest to avoid cancellation of pending orders

Gold on top of Indian investors' mind, says World Gold Council report

As many as 1,005 rural and 1,280 urban investors were surveyed

Jewellers stare at missed Akshaya Tritiya opportunity due to virus lockdown

Likelihood of customers coming to sell their own gold holdings when stores open adds to their worries

Never copy-only create made Cartier stand out: Francesca Cartier Brickell

The first and second generation had only one member each but the third generation had three members and that was fundamental to success

Titan's jewellery business braves economic slowdown storm in Q3

Better jewellery product mix led to sales rise, gold price trend will be key hereon

Govt aiming to take jewellery exports to $80 bn from $40 bn in 5 years

The Centre also expects the jewellery industry to generate additional employment of 2 million, Rupa Dutta, Economic Advisor, Ministry of Commerce, said

Tougher norms for high-value gems and jewellery transactions on cards

Preliminary discussions have taken place, said an informed source. Aadhaar is considered better for this purpose than the idea of a PAN (income tax) number

Gold imports dip 7% in Apr-Nov to $20 bn, jewellery exports down 1.5%

The decline in gold imports has helped in narrowing the country's trade deficit to $106.84 billion during the eight-month period

Jewellery with hidden strings

In the past, and even to some extent today, silver jewellery used to be an accurate indicator of a family's creditworthiness

Will work with gems, jewellery industry on import duty demand: Piyush Goyal

He also asked the industry to follow legal practices such as doing digital transactions to enhance the integrity of the sector

Duty drawback rates for gold, silver jewellery exports raised sharply

The move is expected to help genuine exporters who were hit by govt restrictions on the advanced authorisation scheme

Muted demand, hedges hit Titan's jewellery sales, Q2 revenues down 2%

Analysts estimate a 60-100 bps compression in operating margin

Jewellery e-comm firm Melorra raises $12 mn series C from Lightbox, others

The company had earlier raised $12 million from Lightbox, which bring its total fund-raise to date to $24 million

Soon, govt may re-introduce credit insurance scheme for jewellery exporters

Since the $2-billion Punjab National Bank scam was discovered last year, the entire gems and jewellery sector has faced a massive liquidity crunch, as banks have put it on a negative list

How to account for jewels, cash not disclosed when filing I-T return

Those earning over Rs 50 lakh a year need to disclose all jewellery, cash in their returns