#gold-jewellery
Gold fever in India: How higher import duty sparked a buying rush across jewellery, ETFs and digital gold
If you purchased gold, how did the import duty change affect your gold purchase locally? The import duty prices are included by the jeweller in the gold prices, which also fluctuate based on other conditions.
Duty hike to push gold jewellery volumes to decadal low, but credit profiles seen stable: Crisil Ratings
Sales volume for the sector, comprising jewellery, coins and bars, is expected to decline 13-15% on-year this fiscal, after an 8% contraction last fiscal
Deepa Jewellers, Cotec Healthcare receive Sebi approval for IPOs
Deepa Jewellers, a B2B hallmarked gold jewellery processor based in Hyderabad, and Cotec Healthcare, a pharmaceutical CDMO, both received SEBI approval for their IPOs. Deepa's IPO includes a Rs 250 crore fresh issue and an offer for sale by promoters.
High gold prices, import duty hike to drag jewellery demand: Crisil
Indian organized gold jewellery retailers anticipate a 13-15% sales volume decline this fiscal due to high gold prices and import curbs. Despite this, robust revenue growth of 20-25% is expected, driven by higher realisations, leading to stable credit profile…
Reduction in gold jewellery buying can impact jobs of over 1 cr people: All India Gem and Jewellery Domestic Council
Prime Minister Narendra Modi's appeal to reduce buying gold jewellery could impact employment linked to the jewellery industry, which supports more than one crore people directly and several allied sectors indirectly, highlighted Rajesh Rokde, Chairman, All I…