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BHIMA JEWELLERS
Gold demand drops 70% after sharp duty hike in IndiaDemand fell to about 7.5 tonnes in the fortnight ended May 27 from around 25 tonnes a year earlier, according to industry estimates. The go...- Duty hike may bring out more old gold into marketIndustry executives said promoting sales of lower carat jewellery like 14K and 9K can reduce imports by 20-30%, and discouraging investment...
- Akshay Tritiya: Malabar Gold & Diamonds, Bhima Jewellers, and Kalyan Jewellers report strong salesJewellers from South India such as Malabar Gold & Diamonds, Bhima Jewellers, and Kalyan Jewellers saw strong demand during this year's Aksh...
- Make Your Diwali Gifts Shine With Up to 21% Off on 8 Best Gold Bars in India (2023)Seize the opportunity to elevate your Diwali gifting game with up to 21% off on Gold Bars in India during this festive season. Discover exc...
- Bhima Jewellers forays into Chennai market; sets up flagship storeThe new retail store in Chennai is spread over 12,000 square foot. It includes four floors. The showroom's design is in accordance with saf...
- Physics gold medallist wants to build golden throne for Shivaji84-year-old Sambhaji Bhide was booked by the Shikrapur police for incitement in the Koregaon Bhima violence on January 1, once held forth o...
- High VAT may encourage illegal trading: Kerala jewellersJewellers fear that the steep difference between gold prices in Kerala and neighbouring states would encourage customers to buy jewellery f...
- Kalyan group owner is the wealthiest jeweller in IndiaHe opened his first jewellery shop in Thrissur in 1993 with only $100,000, and his business has now expanded to 32 showrooms across South I...
- Surprise investor financing for Kalyan Jewellers and Mindhelix lifts hopes of Kerala entrepreneursA lot of money is floating around and companies here are bracing to expand. Labour unrest, the bugbear of enterprises in Kerala, is now a t...
- NRIs and jewellers top Kerala's rich listThird in the list is Sunny Varkey, founder and executive chairman of Dubai-centered Gems Education, whose net worth is valued at Rs 9,000 c...
- India’s top jewellers doing brisk trade even as gold prices declineEven as gold prices decline, jewellers are doing brisk trade. ET profile six of India’s leading jewellers who are leaving behind a glitteri...
- Festival season to rev up gold jewellery businessGold jewellers in the south are upbeat on the marriage and festival season that has just begun.
- South India accounts for 40% of gold purchasesHigh gold consumption in the south can be confirmed by the proliferation of jewellery showrooms in the region in recent years.
- Retail sale of gold jewellery to see 10-15% growth in India: World Gold CouncilIn spite of skyrocketing prices, retail sale of gold jewellery is expected to see a 10-15 per cent growth this year in India during the fes...
- Gold sales clock 20% jump on Akshaya TritiyaThis year's Akshaya Tritiya has seen a 15%-20% rise in gold sales according to initial trade assessments.
- State govts gain from gold, silver rally; report higher tax revenuesRising bullion prices are filling state govt coffers, thanks to value added tax on gold and silver.
- State govts gain from gold, silver rally; report higher tax revenuesRising bullion prices are filling state govt coffers, thanks to valueadded tax on gold and silver. States have reported higher tax revenues...
- Gold prices soar but buyers bet on Akshaya TritiyaThough prices of 22 carat gold used in making jewellery have gone up by 30% y-o-y, jewellers have introduced new offers to attract consumer...
- Rich farmers now buy silver bars, not jewelleryFlush with funds, farmers go for metal in coins or blocks, betting on its investment appeal.
- Bhima sees gold glittering in South; mulls expansionWhile Kerala-based jewelers are busy expanding their footprints across the country and spreading wings abroad, particularly in the Gulf cou...
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