Page 2 - Gems And Jewellery

Covid-19 second wave to hit Gems and Jewellery; auto dealers: Crisil

Six of 42 sectors covered by study are highly sensitive to a pandemic resurgence, while 20 are moderately sensitive

Minimalism is the new normal for those who just can't stop loving gold

With prices becoming prohibitive, buyers are now choosing dainty designs over dense, light jewellery over heavy sets, as gold retains its glitter in the run up to the wedding season

Lockdown impact: Gems, jewellery exports dip 82% in Apr-May to Rs 4,328 cr

Similarly, gold jewellery exports during the last two months declined 92 per cent to Rs 634.38 crore from Rs 7,927.47 crore in April-May 2019

Akshaya Tritiya was never so dull for jewellery industry: IBJA president

Industry estimates suggest that nearly 30 tonnes of gold is sold on Akshay Tritiya, last year

March Gem & Jewellery exports halve as Covid-19 delivers a body blow

The lockdown is the latest in a string of adverse events to have hit the industry

India hopes to tap $1-billion of jewellery export opportunity to US

US buyers are looking at India favourable as India already exports $10 billion worth jewellery there

Jewellery exports in June decline 16% YoY on slow demand from China, Gulf

Experts say weak trend likely to continue, annual gems and jewellery exports seen dipping by as much as 15%

Gems and jewellery exports plummet in May due to trade war, money crunch

Tough customs scrutiny on rough diamond imports, US-China trade spat among other reasons for the decline

Jewellery exporters expect easier financing as US market prospects improve

Banks have tightened credit flow to the entire gems and jewellery sector for over a year now, limiting its growth

Dubai import duty hike may hit jewellery exports

Several exporters may even set up shop in Dubai, as jewellery made there falls outside the duty net

Gems, jewellery exports up 11% to $14.43 billion in April-August FY'17

The rise in April-August period was mainly supported by exports of cut and polished diamond

Brexit to hit jewellery exports, rough diamond imports to fall in long run

The GBP shed 7.12% against the rupee to close amid high volatility at 92.98 on Friday, after opening even lower at 91.10

Gems and jewellery continues to be top sector for claims in ECGC

The gems and jewellery sector claimed worth Rs 871 crore in the financial year 2015-16