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Rise in gold prices to restrain jewellery consumption growth to 6-8% in FY2025: ICRA

Gold prices rose 14% in FY24 on a YoY basis, and the current prices are higher by 19% over the FY24 averageBengaluru: Domestic jewellery consumption growth (in value terms) is expected to moderate to 6-8% in fiscal year (FY)...

WHP Jewellers secures $10 million in its first funding round

The funding will be utilised to expand its reach and innovate offerings Bengaluru: Online jewellery brand WHP Jewellers has secured $10 million in its first funding round from a Singapore-based investment firm, the company said in a press release on Wednesday....

How Risham Jewelry carved a niche in the jewellery segment

Risham Jewelry increased its revenue two times in 2022 and is looking to diversify into another jewellery category in the near futureBengaluru: Risham Jewelry is transforming the market through its unique approach to creating handcrafted designer bead jewellery. The...

Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds

India's gem and jewellery industry is dependent on imports for raw materials, including gold, diamonds, silver, and coloured gemstonesMumbai: Ahead of the Union Budget, the Gem and Jewellery Export Promotion Council (GJEPC) have urged the government to reduce import...

Jewellers come up with new collections to commemorate Ram temple consecration

Senco Gold & Diamonds has launched its 'SiyaRam' collection, while Kalyan Jewellers introduced 'Nimah', a heritage jewellery line-upKolkata: Several jewellery retailers have joined the bandwagon of the Ram Temple consecration, unveiling new collections with temple-style motifs and imagery of...

Malabar Gold & Diamonds opens its 7th outlet in Mumbai

Located at L.T. Road in Borivali, the store spans over 10,000 sq. ft. and was inaugurated by Bollywood actor Anil Kapoor Mumbai: Jewellery retailer Malabar Gold & Diamonds launched its seventh store in Mumbai on 21 October 2023, the company...
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Varun Beverages to raise Rs 7,500 cr to fund expansion plans

The fund would be raised in "one or more tranches" and would be "subject to receipt of approval of...
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