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JEWELLERY SALES DROP
Indian exporters look beyond US, UK amid global uncertainties: PayPal's Abid MurshedIndian MSMEs are shifting focus from initial sales to sustainable global growth, facing challenges in operational realities and cost compet...
Mahindra's SUV output dips up to 15% in June amid supply chain worker crunch; XUV 7XO, Thar production hitMahindra & Mahindra is experiencing a significant drop in SUV production. A shortage of contract workers is affecting key parts suppliers. ...
China's factory inflation hits 3-year high as energy costs surgeChina's producer inflation rose to a near three-year high of 3.9% in May, driven by higher energy costs and AI-related demand, while consum...
Titan's big wager on the premiumisation boom now rests on watches priced above ₹25,000Titan is significantly increasing its focus on premium watches. The company anticipates that timepieces priced above Rs 25,000 will soon ac...
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...
Shopping malls investment: Up to 20% appreciation in these retail mall rentals in Delhi NCR & Mumbai; what retail commercial property investors should knowRetail rental yields in Delhi NCR and Mumbai's Grade A and A+ malls have seen significant appreciation, with Mumbai recording 15-20% year-o...
Senco witnesses 6% drop in gold sales; customers bullish on silver, diamondSenco Gold saw gold volumes decrease by 6% in FY26. However, silver and diamond sales increased significantly. The company achieved its hig...
Modi wants Indians to press pause on gold. But the $5.2 trillion obsession runs deepIndia’s attempt to protect the rupee is now colliding with one of the country’s strongest cultural habits — buying gold. After Prime Minist...
Gold import duty hike threatens decade-low volumes for jewellery retailers in FY27, warns CrisilThe organised gold jewellery retail sector is set for a steep 13–15% volume decline to a decade low in FY27, driven by the government’s imp...
India rolls out new gold math with import duty hike. Who will foot the bill?India has sharply raised import duties on gold and silver to 15% from 6% to curb demand, protect the rupee and preserve foreign-exchange re...
Gold import duty hike triggers buying rush and volume concerns, says Senco Gold MDIndia's gold jewellery market is adjusting to a new reality. An import duty hike is causing consumers to rush purchases. Industry experts p...
Why did the stock market fall today? Sensex tumbles 1,300 pts, Nifty below 23,850. 6 key factorsIndian stock markets experienced a significant downturn on Monday. The Sensex and Nifty saw sharp declines as oil prices surged. Fading hop...
Indians bet on gold, not on the necklace glitter for the first timeFor the first time, India's investment demand for gold surpassed jewellery consumption in the March quarter, reaching 82 metric tons compar...
Akshaya Tritiya sees 30% volume drop in gold buying amid price spikeGold demand during Akshaya Tritiya dropped about 30% in volume as prices, up nearly 60% year-on-year, deterred large purchases. Buyers stay...
'Softening gold prices may spur demand on Akshaya Tritiya', says TanishqGold jewellery purchases may advance for the April-July wedding season. Buyers can book orders on Akshaya Tritiya, April 19. Tanishq CEO Ar...
Gulf crisis drags down gold demandChains such as Malabar Gold & Diamonds, Kalyan Jewellers, Joyalukkas and Titan Company's Tanishq, which together command a significant pres...
Sales of Indian gold jewellery drop in the GulfTraders said they are hoping that the situation will normalise by the last week of June.
40% drop in wedding days in 2015 may dent gold demandIf prices correct at Rs 25,000 per 10 gm-level then the impact will be little less as people will still buy despite wedding dates being les...
Diwali loses its shine; gold & silver sales down by 20% & 40% respectively on DhanterasGold jewellery sales are down almost 20% while silver demand has declined almost 40% though the price of the metal softened on Friday by 3%...
No Diwali glitter for gold; jewellery sales seen plunging 60%"Due to price rise and high inflation the general sentiment for bullion is low, which is getting reflected during the festive season."