The organised #jewellery sector and #retail chains have hailed the government’s new #hallmarking rules. However, norms for unique IDs have led to pile-ups at assaying and hallmarking centres impacting the supply chain. Devika Singh writes:
https://www.moneycontrol.com/news/business/companies/new-hallmarking-rules-a-drag-on-supply-chain-ashok-sonthalia-cfo-titan-company-7376451.html?utm_source=telegram&utm_medium=social
https://www.moneycontrol.com/news/business/companies/new-hallmarking-rules-a-drag-on-supply-chain-ashok-sonthalia-cfo-titan-company-7376451.html?utm_source=telegram&utm_medium=social
Moneycontrol
New Hallmarking Rules A Drag On Supply Chain: Ashok Sonthalia, CFO, Titan Company
The organised jewellery sector and retail chains such as Tanishq have hailed the government’s new hallmarking rules. However, norms for unique IDs have led to pile-ups at assaying and hallmarking centres and impacted the supply chain.
#TamilNadu govt announced a waiver on loans against gold jewellery. Should the waiver be based on the gross weight of the mortgaged #jewellery? Or on the net weight? 🤔
This question has put the govt in a bit of a quandary.
KT Jagannathan tells us more ⬇️
https://www.moneycontrol.com/news/india/to-go-gross-or-net-that-is-the-question-weighing-on-tns-jewellery-loan-waiver-plans-7649521.html?utm_source=telegram&utm_medium=social
This question has put the govt in a bit of a quandary.
KT Jagannathan tells us more ⬇️
https://www.moneycontrol.com/news/india/to-go-gross-or-net-that-is-the-question-weighing-on-tns-jewellery-loan-waiver-plans-7649521.html?utm_source=telegram&utm_medium=social
Moneycontrol
To Go Gross Or Net? That Is The Question Weighing On TN’s Jewellery Loan Waiver Plans
The DMK government has announced a waiver on loans against gold jewellery under five sovereigns. However, if the jewellery’s gross weight is taken as the measure, many poor people will be deprived of the benefit. Read on to find out why
Gold and #diamond #jewellery sales surge due to the record number of weddings taking place with the easing of curbs on large gatherings across the nation, reports Devika Singh.
Read more at https://www.moneycontrol.com/news/business/markets/jewellers-make-hay-on-the-back-of-bumper-wedding-season-7857521.html?utm_source=telegram&utm_medium=social
Read more at https://www.moneycontrol.com/news/business/markets/jewellers-make-hay-on-the-back-of-bumper-wedding-season-7857521.html?utm_source=telegram&utm_medium=social
Moneycontrol
Jewellers Make Hay On The Back Of Bumper Wedding Season
Gold and diamond jewellery sales have skyrocketed since November due to the record number of weddings taking place with the easing of curbs on large gatherings across the nation.
#Gem & #jewellery exports from India have rebounded after a Coronavirus-induced lull in the last couple of years, reports PK Krishnakumar.
Data from GJEPC show an increase of 54.13% in exports in FY22, over the previous year, at $39.14 billion. Read at 👇
https://www.moneycontrol.com/news/business/gem-jewellery-exports-rise-after-covid-induced-sluggishness-8394261.html?utm_source=telegram&utm_medium=social
Data from GJEPC show an increase of 54.13% in exports in FY22, over the previous year, at $39.14 billion. Read at 👇
https://www.moneycontrol.com/news/business/gem-jewellery-exports-rise-after-covid-induced-sluggishness-8394261.html?utm_source=telegram&utm_medium=social
Moneycontrol
Gem, jewellery exports rise after COVID-induced sluggishness
As demand bounces back across the globe after the pandemic, manufacturing activities in India are also back to normal. Higher prices for diamonds also raised the value of exports. Also, many countries have turned to India for polished diamond purchases as…
#MCPersonalFinance: On the day gold prices peaked in March, Moneycontrol visited 25 #jewellery shops. All refused to buy #gold jewellery. That puts a question mark on whether gold is ornamental or an #investment.
Read on 👇
https://www.moneycontrol.com/news/business/personal-finance/selling-old-gold-jewellery-getting-cash-in-return-is-difficult-8373771.html?utm_source=telegram&utm_medium=social
Read on 👇
https://www.moneycontrol.com/news/business/personal-finance/selling-old-gold-jewellery-getting-cash-in-return-is-difficult-8373771.html?utm_source=telegram&utm_medium=social
Moneycontrol
Akshaya Tritiya 2022: Selling old gold jewellery? Getting cash in return is difficult
On the day gold prices peaked in March, Moneycontrol visited 25 jewellery shops. All refused to buy gold jewellery. That puts a question mark on whether gold is ornamental or an investment; something to consider this Akshaya Tritiya 2022
#ICYMI: How does one buy #gold when prices have shot up? One way, says Nishit Nanda, CEO of youlry.com & an executive director at #KhimjiJewels, is co-ownership of #jewellery.
But how? 🤔 Read here 👇
https://www.moneycontrol.com/news/business/personal-finance/cant-afford-gold-jewellery-this-jeweller-may-have-an-alternative-8487111.html?utm_source=telegram&utm_medium=social
But how? 🤔 Read here 👇
https://www.moneycontrol.com/news/business/personal-finance/cant-afford-gold-jewellery-this-jeweller-may-have-an-alternative-8487111.html?utm_source=telegram&utm_medium=social
Moneycontrol
Can’t afford gold jewellery? This jeweller may have an alternative
Fractional ownership might just become an option to buy gold jewellery. Nishit Nanda, executive director at Khimji Jewels, says jewellers may soon start co-ownership schemes to make gold jewellery more affordable
Our pick in the #jewellery space viz Thangamayil Jewellery delivered shiny performance with the #stock significantly outpacing #Nifty since our recommendation both in March as well as August last year.
Subscribe to #MCPro for more such interesting insights and analyses! 👇
https://bit.ly/3xMZQCU
Subscribe to #MCPro for more such interesting insights and analyses! 👇
https://bit.ly/3xMZQCU
#IdeasForProfit 💡 #MCPro has picked out a quality #jewellery stock with steady return ratios. Current valuations provide comfort, & hence we advise investors to add the stock to your portfolio.
📹 Watch the video to know more 👇
https://www.youtube.com/watch?v=i2On3v_AnOo
📹 Watch the video to know more 👇
https://www.youtube.com/watch?v=i2On3v_AnOo
#Dhanteras & #Diwali are big occasions to buy gold. If your intention is to accumulate gold to convert it into #jewellery later, or you think you may sell it sometime in the future, #GoldCoins are a better alternative.
Read more about it
https://bit.ly/3gsfUUE
Read more about it
https://bit.ly/3gsfUUE
Moneycontrol
Why coins could be your choice of gold this Diwali
Dhanteras and Diwali are big occasions to buy gold. If your intention is to accumulate gold to convert it into jewellery later, or you think you may sell it sometime in the future, gold coins are a better alternative; they are purer than gold jewellery and…
With the withdrawal of Rs 2000 notes, many wondered whether customers would now start using these denominations to buy other things like gold jewellery in order to dispose of the cash.
Moneycontrol went to Zaveri Bazaar to figure out what the situation is on the ground.
Watch!
https://www.youtube.com/watch?v=HTp8lXTAyPw&t=196s
Moneycontrol went to Zaveri Bazaar to figure out what the situation is on the ground.
Watch!
https://www.youtube.com/watch?v=HTp8lXTAyPw&t=196s
YouTube
Are People Exchanging Rs 2000 Notes For Gold Jewellery? | Report From Zaveri Bazaar, Mumbai
With the withdrawal of Rs 2000 notes, many wondered whether customers would now start using these denominations to buy other things like gold jewellery in order to dispose of the cash. To find out whether people were trying to use more cash to purchase gold…
#Budget2024 | Gems & jewellery sector's Budget 2024 wishlist: EMI options for jewellery and lower gold import duties on the table after talks with Finance Minister Nirmala Sitharaman. 💎
Stay informed!⤵️
https://www.moneycontrol.com/news/business/budget/budget-2024-wishlist-of-gems-jewellery-sector-from-emi-options-for-jewellery-purchases-to-gold-import-duty-cut-12761635.html#google_vignette
#Gems #Jewellery #EMI #GoldImportDuty #FinanceMinister #NirmalaSitharaman
Stay informed!⤵️
https://www.moneycontrol.com/news/business/budget/budget-2024-wishlist-of-gems-jewellery-sector-from-emi-options-for-jewellery-purchases-to-gold-import-duty-cut-12761635.html#google_vignette
#Gems #Jewellery #EMI #GoldImportDuty #FinanceMinister #NirmalaSitharaman
Moneycontrol
Budget 2024 wishlist of gems & jewellery sector: From EMI options for jewellery purchases to gold import duty cut
Last week, the industry leaders held a pre-Budget consultation meeting with Union finance minister Nirmala Sitharaman and other government officials