GST, weak demand, falling exports continue to hound branded apparel makers

Branded apparel manufacturers and retailers are yet to overcome the implications of the goods and services tax (GST) rollout in July. The tax reform had directly impacted the entire textile chain due to cascading burden. And post GST, poor consumer sentiment and falling exports have only made matters worse for the business. The September quarter results … Read more GST, weak demand, falling exports continue to hound branded apparel makers

India’s 2016 Gold Demand Seen Falling To Lowest Level In Seven Years

Mumbai: India’s gold demand could fall as much as 24 per cent in 2016 to the lowest level in seven years due to higher prices and increased smuggling as the government seeks to bring transparency to bullion purchases, the World Gold Council (WGC) said. Lower demand from the world’s No. 2 gold consumer could hurt … Read more India’s 2016 Gold Demand Seen Falling To Lowest Level In Seven Years

‘Miracle cat’ spends eight days in the post after falling asleep in box of DVDs

A PET cat has spent eight days in the post after falling asleep in a box. Cupcake’s owner Julie Baggott accidentally sealed her into a package of DVDs and then sent her on a 400km journey by post. The Siamese cat was stuck in the cardboard box for more than a week — but arrived … Read more ‘Miracle cat’ spends eight days in the post after falling asleep in box of DVDs

Is the jewellers’ unity falling apart?

Post 19th March 2016, the entire jewellery industry is clearly divided into two parts – one who supports GJF/GJEPC/IBJA decision to call off the strike and other brigade who clearly not in the mood to relent and continue to strike, as of today. At present, North and West India have continued with their protest against … Read more Is the jewellers’ unity falling apart?