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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)...

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...

CaratLane reaches the 250-store milestone in India

The 250th store of CaratLane is located at Sargasan, Gandhinagar in Gujarat Bengaluru: Omni-channel jewellery brand CaratLane – a Tanishq Partnership, has reached the milestone of 250 retail stores across 100 Indian cities with the launch of its new store in...

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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Epigamia founder Rohan Mirchandani dies of cardiac arrest

Mirchandani (42), who co-founded Drums Food International in 2013, suffered a sudden cardiac arrest on Saturday.New Delhi: Founder of...
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