A nationwide lockdown and closed jewellery shops across India have led to a severe fall in gold demand, leading to near-negligible gold imports in the month of May. The gold imports in the month have fallen by 99 per cent on-year, Reuters reported citing a government source. India, which is the world’s second-largest gold consumer … Read More →
Jalandhar: Amit Chopra, owner of Leader Jewellers, feels that the current situation due to the corona outbreak in different parts of the world is certainly affecting the jewellery business in a big way, but he is hopeful of some normalcy in the coming months. On a daily basis, 60-70 per cent customers are visiting our … Read More →
Gold jewellery and cash were stolen from the house of a property dealer on the intervening night between Tuesday and Wednesday. Rupinder Pal Singh, 64, complained to the police that they slept on Tuesday night without locking the back gate of the house. When they woke up on Wednesday, they found someone had stolen money, … Read More →
Gold necklace on display at Dwarkadas Chandumal Jewellery store in the Zaveri Bazaar area of Mumbai, India, on Thursday, Apr. 18, 2013. (Image source: Dhiraj Singh/Bloomberg) India Ratings and Research (Ind-Ra) on Monday said it expects jewellery sales to decline by 25 per cent in 2020-21 (April-March) on account of over 40 days of lockdown … Read More →
SINGAPORE : When normalcy returns and when cross-border travel is allowed, Indian visitors who come to Singapore to shop, may see changes to their usual shopping haunts. The retail industry is almost certain to emerge from the COVID-19 pandemic dramatically different. Singapore is scheduled to exit its planned 8-week “circuit breaker” economic shutdown in about … Read More →
HYDERABAD: As stores open in green zones, shopping malls are letting their customers about the new normal. Shoppers Stop, a fashion and beauty destination in Hyderabad, released a video reassuring customers on the precautionary steps taken to ensure a healthy and safe shopping experience. With the stores opening in green zones customers can now shop … Read More →
The Lehigh Valley Auto Show will be done virtually this year amid the coronavirus pandemic. The Greater Lehigh Valley Auto Dealers 2020 Virtual Auto Show will premier Saturday, May 9 at 6:30 p.m. on WFMZ-TV. The show will also be broadcast on WFMZ-TV on Saturday, May 16 at 6:30 p.m. and on Monday, May 18 … Read More →