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Budget 2018: Revamping gold monetization scheme is a victorious decision for the gems and jewellery sector

The Finance Minister’s announcement about Government to soon come-up with a gold monetization scheme is a victorious decision for the gems and jewellery sector, said Nitin Khandelwal, Chairman, All India Gems and Jewellery Trade Federation (GJF) commenting on the...

GJF expects 20-30 pc growth in jewellery sales this Akshaya Tritiya

The All India Gems and Jewellery Trade Federation (GJF) expects robust sales this Akshaya Tritiya (April 28) across India. Consumer demand is expected to be strong due to the wedding season and traditional custom to buy gold on the occasion...

GJF urges Govt to levy 1.25 pc GST on jewellery sector

The All India Gems and Jewellery Trade Federation (GJF) has urged the Government to levy 1.25 per cent Goods and Service Tax (GST) on the industry as against the proposed four per cent. According to a PTI report: Over the...

Retail industry stalwarts hope Budget 2017 will be salve to note ban wounds

With numerous expectations and curiosity around what is in it for various stakeholders, India’s 2017-18 budget is one of the most sought after events. Just like every other sector, retail stalwarts have also pinned their hopes on Finance Minister...

Jewellery sector to reap benefits of note ban in long run

The jewellery industry, which suffered and saw about 80 per cent drop in demand following the demonetization, is slowly recovering, although it may take over a year for things to become normal, market experts said. "After Prime Minister Narendra Modi...

Jewellers claim 85-90 pc dip in domestic business, exports unaffected

When Satyaprakash Pande of Dheersons Jewellers sees an individual approaching his shop located in the bustling Karol Bagh market in central Delhi, he becomes hopeful of getting a customer -- an entity that has become rare in the last...

Narendra Modi urges G&J sector to create Make in India brand

The Prime Minister Narendra Modi has urged the members of gems and jewellery sector to step up to the next level and create "Make in India" Brand. Speaking at a felicitation  programme organized by GJEPC, GJF and AIJAC, PM assured...

Jewellers call off 18-day strike, losses pegged at Rs 70k cr

Finally, the 18-day long strike by jewellers has ended after an assurance by the Government that there will be no harassment by excise officials and no inspector raj. The strike has incurred an estimated loss of Rs 60,000-70,000 crore...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey

According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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