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NAC JEWELLERS
Speaking diamond: A buyer’s glossary for India’s new disclosure eraIndia's Bureau of Indian Standards (BIS) now mandates clear labeling for natural versus laboratory-grown diamonds, enhancing consumer trust...- Akshaya Tritiya: Jewellers expect pick up in sales on softening of gold pricesJewellery from 5-33 grams and coins in 1-2 grams range are popular this year, he said, adding that this year, after Hallmarking, jewellery ...
- Akshaya Tritiya: Jewellers expect pick up in sales on softening of gold pricesIndian jewellers have witnessed a rise in demand for gold on the auspicious day of Akshaya Tritiya, thanks to recent softening of gold pric...
- Gold likely to lose sheen on high prices this Akshaya Tritiya; jewellers expect 20% dip in demandDuring Akshaya Tritiya, 40 per cent of the business is done in the south, 25 per cent in the west, 20 per cent in the east and the remainin...
- Rural demand for gold shoots up as farmers obtain good price for cropsThe rising crop prices are also driving rural demand of gold in the southern part of the country. Anantha Padmanabhan, owner of Chennai-bas...
- Indian diamond retailers say sales are steadily increasing, led by millennialsDe Beers India said its sales in January this year were 14% higher than that in the year-ago month. Malabar Gold & Diamonds and NAC Jewelle...
- Falling gold prices boost jewellery demand up by 10-20 per centJewellers said demand is up by 10-20% compared with December, when prices were ruling over Rs 50,000 per 10 gm.
- Online jewellers get boost as e-tools click with shoppersJewellery shopping is a traditional affair around Diwali and Dhanteras, but business was a muted affair due to sharp rise in gold prices an...
- Online jewellers get boost as e-tools click with shoppersJewellery sites are investing in digital tools to replicate the offline buying experience using virtual try-ons, chatbot assistance and liv...
- Large establishments in Chennai's shopping district asked to down shuttersWell-known textile names such as Saravana Stores, Nalli Silks, Kumaran Silks, Pothys, Chennai Silks in addition to popular jewellery brands...
- Banks cut exposure to jewellery trade sharplyIndustry lobby blames PNB scam for reduced exposure; seeks govt help to ease credit flow.
- Jewellers advise public to insist for invoice during diamonds purchaseit as a synthetic diamond.But, heSince, a consumer cannot tell the difference between a synthetic and natural diamond, a few reputed jewell...
- Jewellers see 15% growth in Akshaya Tritiya sales despite higher gold pricesCurrently, 10 grams of 24-carat gold is priced at around Rs 31,000 — higher than last year’s rates, which hovered at Rs 29,000.
- Online market for gold jewellery doesn't glitterWith 48 offline stores in 20-odd cities, co-founder Vishwas Shringi expects offline sales to overtake online soon, online is growing fast, ...
- Contributions to Tamil Nadu flood relief crosses Rs 100 crore markThe contributions for undertaking relief and rehabilitation work in flood affected areas of Tamil Nadu crossed the Rs 100 crore mark.
- Gold sales surge on Akshaya Tritiya, especially in south IndiaGold sales surged 10-20% thanks to the Akshaya Tritiya festival, which has been providing a boost to the precious metal trade since 2005.
- Jewellers see a spurt in Akshaya Tritiya demand, WGC optimistic for entire yearJewellers in south India, where Akshaya Tritiya is a big festival, have seen a surge both in gold and diamond studded jewellery even though...
- Gold rush spooks economy as trade deficit surges to $17.8 bnThe sharp fall in gold prices last month unleashed pent-up demand in India, lifting the import bill for bullion to $7.5 billion in April.
- Wedding bells fails to cheer up silk and jewellery salesHome grown silk and jewellery players, who were hoping that the wedding season would give a fillip to sales, are a disappointed lot.
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