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Reliance Retail Q1 net profit down 14%; FMCG revenue doubles

Mumbai/Bengaluru, July 17 -- Reliance Retail, the retail arm of Reliance Industries Ltd, on Friday reported a net profit of Rs.2,805 crore for the April-June quarter (Q1FY27), down 14.1% year-on-year,... Read More


US-Iran tensions rattle India's consumer firms as fears of higher oil prices return

Mumbai/Bengaluru, July 8 -- The collapse of the US-Iran peace deal in less than a month has rattled India's consumer sector, reviving fears that higher oil prices and fresh supply-chain disruptions co... Read More


Old is still gold in India's jewellery market

New Delhi, June 16 -- Walk through the lanes of Mumbai's Zaveri Bazaar, one of India's oldest jewellery markets, and one trend is impossible to miss. Small stores prominently advertise: "Old gold exch... Read More


Jewellers adapt as government measures make gold costlier

MUMBAI/BENGALURU, May 13 -- Indian jewellery retailers and industry bodies are recalibrating their strategies as gold becomes more expensive following the government's latest import duty hike. Compani... Read More


Jewellery stocks slide after Modi urges Indians to buy less gold

MUMBAI/ BANGALORE, May 11 -- Shares of Indian jewellery retailers tumbled on Monday as investors and industry executives weighed the fallout of Prime Minister Narendra Modi's appeal to curb gold purch... Read More


High gold prices cushion volumes, but demand woes persist

New Delhi, May 11 -- Mumbai, Bengaluru : Even though Indian gold retailers sold less jewellery in the March quarter as soaring prices forced shoppers to cut back on purchases, higher rates helped pr... Read More


High gold prices offset volume fall, but demand woes persist

New Delhi, May 11 -- Mumbai, Bengaluru : Even though Indian gold retailers sold less jewellery in the March quarter as soaring prices forced shoppers to cut back on purchases, higher rates helped pr... Read More