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JEWELLERY VOLUME IMPACT
Exchange of old gold has risen almost 60% year-on-year, say jewellery retailersGold prices are soaring in India, prompting a surge in old gold exchanges. Consumers are trading in existing jewellery to buy new pieces. T...
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
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...
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...
Jewellery retailer DP Abhushan posts 88% rise in PAT; revenue crosses Rs 4,000 croreDP Abhushan Ltd reported an impressive 88% surge in annual profit for FY26, reaching Rs 211.84 crore, driven by strong store demand and net...
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...
High gold prices, import duty hike to drag jewellery demand: CrisilIndian organized gold jewellery retailers anticipate a 13-15% sales volume decline this fiscal due to high gold prices and import curbs. De...
Pharma seen as safe bet amid currency volatility, says Ambareesh BaligaMarket veteran Ambareesh Baliga suggests pharmaceutical stocks offer a safe haven amidst currency volatility and cautious foreign investor ...
Gold imports jump 82 pc to USD 5.62 bn in April; silver by 157 pcIndia saw a significant jump in gold imports in April, reaching USD 5.62 billion. This surge was driven by high prices. However, the govern...
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 volume growth may dip 10–15% after duty hike, say jewellersIndia's gold and silver import duty hike may affect jewellery sales volumes initially. Industry leaders believe demand will stay strong due...
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...
The 2013 ghost returns: Will higher gold duties actually restrict imports or just fuel the grey market?India’s shock hike in gold and silver import duty to 15% has revived memories of the 2013 crisis. While the move aims to curb dollar outflo...
Rising duties may cut India’s gold imports sharply: Mohammed ImranIndia's bullion market faces a significant reset as the government hikes import duties on gold and jewellery. Analysts predict this will co...
Gold import duty hike to hurt jewellery trade, spur grey market: GJCGold import duty hike: The Indian gems and jewellery sector anticipates difficulties following a significant increase in gold import duty t...
India raises gold import duty back to 15%: What’s behind the moveIndia has significantly raised import duties on gold, silver, and platinum. This move aims to safeguard the nation's economy and foreign ex...
India’s gold import duty hike to 15% may remain for a year, says Senco MD Suvankar SenIndia's higher import duty on gold and silver could impact jewelry demand for a year, Senco MD Suvankar Sen said. Senco Gold predicts volum...
- Jewellers say people were already recycling, exchanging old gold instead of new purchases amid PM Modi's appeal
Indians are smartly buying gold. High prices mean more people are exchanging old jewellery for new. This reduces the need for fresh gold im...
No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...
Sameer Dalal warns Indian markets may lag as oil import costs riseIndian markets face headwinds from elevated crude oil prices, unlike the US which benefits from exports. Market expert Sameer Dalal warns t...