Page 12 - Jewellery

Jewellery sales up 25-30% on sharp fall in gold prices

Consumers are now shifting from replacement purchases to placing fresh orders on hopes of a correction in gold prices

Organised jewellery sector to grow by 10-12% in FY'17: Report

Higher number of wedding days, festival sales will drive volumes in remaining three quarters, a report released by India Ratings said

Jewellery sales likely to dip

India's jewellery sector is estimated to record around 3% of growth in value this calendar year

Excise relief to jewellers to end with implementation of GST

They also want the government to increase the limit for mandatory PAN card for purchases over Rs 5 lakh instead of existing Rs 2 lakh

Discounts raining for online jewellery customers

Jewelemart.com offers gold-diamond pendant at Rs 999; CaratLane.com locks pure gold at Rs 28,000/10 gms

Jewellery exports rise 25% in April-May

Lack of improvement in fundamentals and uncertainty over global economic growth expected to pull down numbers

Jewellers offer incentives to beat slowdown in sales

The absence of festivals and weddings has hurt sales, even as farmers are holding off on encashing gold for seeds and fertilisers due to a delayed monsoon

Jewellery industry hit by mandatory PAN Card for purchases over Rs 2 lakh

The issues faced by the industry may strengthen smuggling, warns GJF

New tax regime to hit 40% of India's jewellery sales

Jewellers have stopped stocking high-end jewellery worth Rs 2 lakh and above

Excise duty: If common items are taxed, how can luxury be exempted, says Arun Jaitley

Jaitley said corporate jewellers with upto Rs 12 crore turnover last year came under its ambit and upto Rs 6 crore turnover in a fiscal later are exempt from it

Strike effect: Artisans shift to imitation jewellery

Faced with the prospect of joblessness, many migrated from gold and silver jewellery to making imitation jewellery.

North-based jewellers await directive from GJF to open shops

Some jewellers are also waiting for Arun Jaitley to announce liberalisation in policy committed to jewellers for 'no raids and no seizure of stocks'

Jewellers continue stir over Budget duty

Meanwhile, govt constituted a panel under former Chief Economic Advisor to look into the demands of jewellers

Rajesh Exports wins jewellery order worth Rs 1,045 crore

The shares of the company went up by 1%

Jewellery stocks rise by up to 8% as 18-day strike ends

Government assured them that there will be no harassment by excise officials

Rs 6,300 crore business hit in Tamil Nadu, Puducherry due to jewellery strike

TN, Puducherry are home to about 36,000 showrooms, jewellery sector has about 8-10 lakh employees

Jewellery as a safety device

Here's a jewellery range that cares about your safety

Centre shouldn't strangulate jewellery business: Kejriwal to Modi

Kejriwal said Modi, when CM of Gujarat, opposed a similar move by UPA in 2012, making jewellers feel cheated now

Excise on jewellery to stay, but finance ministry ready to ease rules

Jewellers' association digs in, says strike to continue till excise is completely withdrawn

Jewellery demand to rise to 670-685 tonnes in FY17: India Ratings

It further expects an improvement in demand for coins and bars with demand to grow at 3-5% in 2016