Gross exports of gems and jewellery have declined for nine months in a row this financial year. It fell by 2 per cent YoY in December to $2,436 million. It had seen a YoY decline of 3 per cent in November. The quantum of de-growth in gross exports in the nine months of FY20 is … Read More →
On Feb. 28, when Glenda Bailey stands in the Musée des Arts Décoratifs of the Louvre, presiding over the opening of a new photography retrospective, “Harper’s Bazaar: First in Fashion,” it will mark her final act as editor of the storied magazine. Hearst, the publication’s owner, announced on Wednesday her move to become a “global consultant” after 19 … Read More →
The Rebate of State and Central Taxes and Levies (RoSCTL) scheme, which the Indian government said in March would be soon available for the apparel and made-up segments, is yet to be made available. The Merchandise Exports from India Scheme (MEIS), discontinued from August 1 and reinstated later for other export sectors, is also not … Read More →
According to her, more than 8,000 exporters are facing this working capital crunch. Chennai: Apparel and made-up exporters are facing a huge working capital crunch for the past few months, as refunds of over Rs 5,000 crore under the MEIS scheme have been blocked. This could continue to pull down apparel exports in the coming months … Read More →
The Animal Crossing: New Horizons goodies just keep coming, this time thanks to a bumper reveal of new products from accessory maker, Hori. The company has announced six new items which are due to be released in March, around the release of the upcoming Switch game itself. Below, you’ll find a Nintendo Switch Lite cover, a Nintendo … Read More →
Online Gold jewellery shopping in India Vs Offline buying: Buying jewellery either online or online can be tricky unless you are an aware customer. When it comes to choosing between buying jewellery online or offline, both have their advantages that may suit to customers with different shopping tastes respectively. Nevertheless, in the second decade of the … Read More →
Rising gold prices and a subdued consumer environment are likely to weaken demand for the yellow metal in one of the world’s top markets for gold in FY2020, ratings agency ICRA said in its outlook for the Indian gold jewellery retail sector on Wednesday. ICRA expects gold jewellery demand to be subdued in FY2020 with … Read More →