BANKING & FINANCE DGFT Simplifies Silver Bullion Import Authorisations For Eligible Applicants

The Directorate General of Foreign Trade (DGFT) has simplified procedures for expediting import authorisations for silver bullion, aiming to reduce processing time for eligible applicants. Under Trade Notice No. 30/2026-27, dated October 13, 2026, applications covering specified ITC (HS) codes may qualify for expedited processing. Applicants must declare that imports will attract generally applicable customs […]

CW Bureau · Oct 14, 2026

RETAIL/FMCG Namra Jewels To Launch Exclusive Men’s Jewellery Festive Collection

Namra Jewels Pvt Ltd, a wholly owned subsidiary of Mini Diamonds (India) Ltd, is set to launch an exclusive men’s jewellery collection as it expands its consumer-facing product portfolio. The collection will be introduced progressively across the brand’s online and offline channels throughout the festive season, with new designs and styles being added during the […]

CW Bureau · Sep 22, 2026

RETAIL/FMCG India’s Gem And Jewellery Exports Surge 3.14% To $2.30 Bn In August

India’s gross gem and jewellery exports increased 3.14% in US dollar terms and 12.52% in rupee terms year-on-year to $2.30 billion (₹21,946 crore) in August 2026. Exports stood at $2.23 billion (₹19,504 crore) in August 2025, according to the Gem & Jewellery Export Promotion Council (GJEPC). Value-added jewellery gains momentum A notable trend during the […]

CW Bureau · Sep 21, 2026

RETAIL/FMCG Kalyan Jewellers Invests ₹350 Cr In Arm Candere For Loan Repayment

Kalyan Jewellers India Ltd has invested ₹350 crore in its wholly owned subsidiary Candere Lifestyle Jewellery Pvt Ltd through a rights issue, with the capital infusion earmarked entirely for repayment of a loan extended by the holding company. Kalyan Jewellers subscribed to 17,50,000 equity shares of Candere with a face value of ₹10 each as […]

CW Bureau · Sep 19, 2026

RETAIL/FMCG PC Jeweller Repays Debt To 9th Bank, Targets Debt-Free Status This Month

PC Jeweller Ltd has cleared and repaid all outstanding debt owed to one more consortium bank, moving closer to its target of becoming debt-free in the current month. The repayment has been completed under the terms of the Settlement Agreement dated September 30, 2024. The company said the repayment was made ahead of the scheduled […]

CW Bureau · Sep 3, 2026

RETAIL/FMCG Renaissance Global To Invest In Middle East Jewellery Firm Naman

Renaissance Global Ltd’s step-down subsidiary Renaissance Jewellery Middle East FZCO has agreed to make a strategic investment in branded jewellery company Naman Trading FZC. The two companies have signed a Share Purchase Agreement (SPA), with the acquisition expected to be completed within 24 months. The cash consideration is $220,000 a share. Initial investment of 20% […]

CW Bureau · Sep 1, 2026

RETAIL/FMCG Kalyan Jewellers To Open 150 Stores, Advance Multi-Brand Expansion Plan

Kalyan Jewellers plans to open 150 new showrooms across Kalyan Jewellers, Candere and a new regional brand in FY27, as the jewellery retailer steps up expansion through a broader multi-brand strategy. The expansion will be driven by the company’s asset-light operating model, enabling it to scale its retail network while maintaining capital efficiency and healthy […]

CW Bureau · Aug 20, 2026

RETAIL/FMCG PNG Jewellers Opens New Gurugram Store To Expand Delhi NCR Presence

Jewellery retailer PNG Jewellers has opened a new company-owned and company-operated store in Gurugram, strengthening its presence in the Delhi NCR market. Spread across 3,500 sq. ft., the showroom has been launched to meet growing customer demand and support the company’s retail expansion across key markets. New store targets local demand The store offers PNG […]

CW Bureau · Aug 16, 2026

RETAIL/FMCG India’s Gem & Jewellery Exports Rise 13.58% To ₹87,078 Cr In Q1 Of 2026

India’s gross gem and jewellery exports rose 13.58% to ₹87,078 crore during April-July 2026 from the corresponding period last year. In US dollar terms, exports increased 2.44%. The growth was led by value-added segments. Studded gold jewellery exports rose 21% to $2.24 billion, while silver jewellery exports surged 72% to $508 million. Value-added segments drive […]

CW Bureau · Aug 14, 2026

RETAIL/FMCG PNG Jewellers Rebrands Litestyle As YOOU, Targets 100 Stores By 2030

PNG Jewellers has rebranded its lightweight diamond jewellery brand Litestyle as YOOU, marking a new phase in its strategy to expand the category and appeal to younger consumers. YOOU aims to become a preferred destination for lightweight diamond jewellery in India and plans to open 100 new stores through shop-in-shop (SIS) and exclusive brand outlet […]

CW Bureau · Aug 9, 2026

RETAIL/FMCG Kalyan Jewellers Ups Recycled Gold Share To 46% In Q1, Targets 55-60%

Kalyan Jewellers has sharply increased the share of recycled gold in its business following its “Shine with India” campaign, with recycled gold accounting for more than 46% of revenue in Q1FY27 and exceeding 55% in June, as the jeweller seeks to reduce its dependence on imported gold amid elevated crude oil prices and forex pressures. […]

CW Bureau · Aug 8, 2026

ECONOMY India Seeks Tariff Relief As Gem & Jewellery Exports Face Pressure

The Gem & Jewellery Export Promotion Council (GJEPC) has urged the US to provide tariff relief for natural diamonds and coloured gemstones under the new tariff regime. The new tariff came into effect on July 24. The duty remains unchanged at 10% for Indian gem and jewellery exports. Calls for bilateral trade pact India’s placement […]

CW Bureau · Jul 28, 2026