Over 50% Indians now use credit, debit and prepaid cards for international travels: Report
Indian globetrotters spend most on duty-free shopping, electronics and jewellery.
Banks cut exposure to jewellery trade sharply
Industry lobby blames PNB scam for reduced exposure; seeks govt help to ease credit flow.
‘Jewellery exports may jump to $3 billion if US extends duty sops’
Indian exports of Gold jewellery articles stood at $1.78 bn in 2018, down ...
Budget 2019: Disappointment for jewellery industry; fears 30% rise in grey market
All India Gem And Jewellery Domestic Council chairman N Anantha Padmanaban told PTI here that the increase in customs duty and GST will hike the prices by 15.5 per cent, which will benefit the grey market.
Play with reds, stock up on silver jewellery: Designer Ritu Kumar’s guide to acing festive dressing
The first lady of Indian fashion dishes out tips that answer all your sartorial questions.
US move to hit gem, jewellery exports further
India exported gem and jewellery worth $12.22 billion to the USA in calendar 2018.
Gem and jewellery industry seeks lower customs duty on gold
The council has also urged the government to allow EMI purchases of jewellery, which the RBI currently does not allow, as gold is declared an asset class.
India readies for its 2020 FATF review
A high-level inter-ministerial coordination committee has raised concern about absence of effective regulatory mechanism for gems & jewellery and real estate sectors to curb money laundering and counter terror financing ahead of India’s case coming up for review before FATF in October 2020. Countries on FATF grey list could could face restrictions from international financial system.
Net scrap supply of gold could jump 70% in Q3
Exchange offer jump in average quarterly price a big reason.
Tweak policy, revive demand: Gold trade
The 35 per cent demand slump year-onyear has affected a large number of workers involved in the trade.
Get patriotic this Raksha Bandhan: Surat jewellery shops sell Tricolour, Article 370-themed rakhis
Surat jewellery shop owners decided to come up with a theme that signifies the importance of August 15.
Gold imports up 35.5% in first quarter
India is the world’s largest importer of gold, with annual consumption at 800-900 tonnes. Imports were $8.45 billion in the same period of 2018-19.
Govt may soon announce measures to boost exports
Finance and commerce ministries have held several round of talks on these measures, the official said.
Titan’s 20% guidance for jewellery biz will hold in H2 of FY20: Bhaskar Bhat
There are some stressed savings and people are holding back a little.
Titan, Rajesh Exports retain the glitter among jewellery stocks
The underperformers on the list are generally ones that have high debt.
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