JNI

Author name: JNI

Titan’s Jewellery Segment Experiences 19% Growth in Q4 FY24

Titan Company Limited, India’s top jewellery retail chain, announced a strong performance in its jewellery business during the fourth quarter of fiscal year 2024. The Bengaluru-based company’s jewellery income increased by 19% in Q4 FY24, hitting ₹8,998 crores. The company’s India business experienced a 20% rise, resulting in profits before interest and tax (EBIT) of […]

Titan’s Jewellery Segment Experiences 19% Growth in Q4 FY24 Read More »

Exclusive Akshaya Tritiya discounts at Bhima Jewellers.

Offers valid till May 12 at all Bhima Jewellers stores. As the auspicious anniversary of Akshaya Tritiya approaches, Bhima Jewellers announces exceptional discounts to enhance celebrations. From April 19 to May 12, clients may immerse themselves in a world of magnificent jewellery while taking advantage of exclusive offers. Bhima Jewellers provides a wonderful surprise to

Exclusive Akshaya Tritiya discounts at Bhima Jewellers. Read More »

RBI warns banks on gold loan disbursements via fintechs

The Reserve Bank of India (RBI) has urged banks against disbursing gold loans through fintech businesses. The central bank has highlighted worries about the review process used by these banks and fintechs, particularly where the gold is obtained from. The regulator has informally addressed its concerns to a number of banks, requesting that they take

RBI warns banks on gold loan disbursements via fintechs Read More »

WGC predicts a four-year low in India’s demand as gold prices rise.

India’s gold demand increased by 8% in the March quarter compared to the previous year, but recent price increases could reduce total consumption in 2024 to its lowest level in four years, according to the World Gold Council (WGC). Demand for gold from India might be between 700 and 800 metric tons in 2024, with

WGC predicts a four-year low in India’s demand as gold prices rise. Read More »

India’s diamond jewellery market to grow to US$ 17 bn by 2031: says De Beers at GJEPC’s InnovNXT, Forty Under 40 Leadership Summit

National, 3rd May 2024: Indian diamond jewellery market will grow to US$ 17 bn by 2031 out of India’s total gem & jewellery of US$ 120 bn from $ 79 bn in 2021. 2024 is likely to be a record year for gold mine production and jewellery demand will be firm but vulnerable to gold

India’s diamond jewellery market to grow to US$ 17 bn by 2031: says De Beers at GJEPC’s InnovNXT, Forty Under 40 Leadership Summit Read More »

De Beers is considering lowering LGD prices.

De Beers is considering lowering the prices of the lab-grown diamonds it sells under the Lightbox jewellery brand.”The wholesale prices of lab-grown diamonds are falling sharply, leading to financial challenges at some leading lab-grown diamond producers,” parent firm Anglo American reported in its 2023 results. “These price declines are expected to lead to further substantial

De Beers is considering lowering LGD prices. Read More »

Malabar Gold & Diamonds unveils 350th global showroom in Naperville, Illinois, USA.

Malabar Gold & Diamonds, the world’s sixth largest jewellery store with an annual turnover of USD 6.2 billion and 350 showrooms in 13 countries, has recently opened its fourth location in the United States, in Naperville, Illinois. This raises the global jewellery brand’s total showroom count to 350, including 5 in North America. Malabar Gold

Malabar Gold & Diamonds unveils 350th global showroom in Naperville, Illinois, USA. Read More »

India Silver Conference 2024 comes to a good conclusion.

ISC 2024 served as a foundation for the advancement of the silver industry. The successful conclusion of the India Silver Conference 2024 not only marked a historic milestone, but also laid the groundwork for the silver industry’s future growth. ISC 2024 was a lively forum where more than 260 renowned participants gathered to discuss and

India Silver Conference 2024 comes to a good conclusion. Read More »

In Lakhimpur Kheri, Uttar Pradesh, Karisma Kapoor inaugurates new stores for Candere and Kalyan Jewellers.

Kalyan Jewellers, one of India’s most trusted and leading jewellery shops, has opened a new showroom on D.C. Road, near D.M. Residence, Naurangabad in Lakhimpur Kheri, Uttar Pradesh. Bollywood diva Karisma Kapoor opened the showroom, which showcases a wide range of designs from Kalyan Jewellers‘ numerous collections. Candere, Kalyan Jewellers‘ lifestyle brand, was also launched

In Lakhimpur Kheri, Uttar Pradesh, Karisma Kapoor inaugurates new stores for Candere and Kalyan Jewellers. Read More »

KISNA opened its first private showroom in Ahmedabad.

KISNA Diamond & Gold Jewellery continues its strategic expansion by opening an exclusive showroom in Mani Nagar Ahmedabad, Gujarat. This is KISNA‘s first exclusive showroom in Gujarat, and the 23rd overall in India. KISNA‘s presence in Mani Nagar, Ahmedabad, is more than just a retail operation; it represents a dedication to engaging with the local

KISNA opened its first private showroom in Ahmedabad. Read More »

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