Gems and jewellery exports down 7% in H1 of FY18 due to GST, gold policy

There has been a sharp decline in orders from Japan and Europe this year for India’s gems and jewellery. Data compiled by the Gems and Jewellery Export Promotion Council (GJEPC) says G&J net export declined 7.4 per cent to $16.8 billion in April-September, the first six months of this financial year, from $18.2 bn in the comparable period … Read more Gems and jewellery exports down 7% in H1 of FY18 due to GST, gold policy

Gurgaon: Jewellery stores see heavy rush, but only token purchases

Residents thronged jewellery shops and malls in the city on Tuesday past midnight on the occasion of Dhanteras. On Wednesday, too, markets were crowded with last-minute shoppers, but all the frenzy has not translated into much revenue as compared to the Diwali sales last year. Dhanteras, which was celebrated on Tuesday, is considered an auspicious … Read more Gurgaon: Jewellery stores see heavy rush, but only token purchases

Jewellers see no sparkle in sales this Dhanteras

Gold and jewellery sales may remain flat this Dhanteras amid sluggish demand from consumers despite relaxation in KYC norms for purchase, even as people fancied automobiles and electronic items, according to industry players. However, organised players like P C Jewellers, Kalyan, Talwar Sons and Jewellers are expecting 10-35 per cent jump in sales, thanks to … Read more Jewellers see no sparkle in sales this Dhanteras