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Jewellery Sales to Surge Despite High Price
Mumbai: The festive season in India is a prime time for jewellery sales, driven by major festivals such as Diwali, Dussehra, Navratri, and the wedding season. This period, typically from September to November, sees a surge in demand for gold, silver, diamond, and other precious jewellery, fueled by cultural and traditional significance. Jewellery sales in India are expected to soar during this period, contributing significantly to the annual revenue of the sector, which accounts for around 7 per cent of
Jewellery Sales to Surge Despite High Price
Mumbai: The festive season in India is a prime time for jewellery sales, driven by major festivals such as Diwali, Dussehra, Navratri, and the wedding season. This period, typically from September to November, sees a surge in demand for gold, silver, diamond, and other precious jewellery, fueled by cultural and traditional significance. Jewellery sales in India are expected to soar during this period, contributing significantly to the annual revenue of the sector, which accounts for around 7 per cent of
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Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have
Gold Smuggling Arrests Jump 750% YoY in India
Mumbai, 14th April: While cases of gold smuggling in India have jumped 265% from 40 in 2012-13 to 146 in 2013-14, the number of people arrested has shot up by 750%, from 30 in 2012-13 to 255 in 2013-14, data from the Directorate of Revenue Intelligence shows, according to a report published in Mineweb. “Gold imports through the legal channel have