Jewellery stocks fall after import tax raise on gold

Mumbai: Shares of jewelers tumbled after finance minister Nirmala Sitharaman in the Union Budget announced its proposal to raise import tax on gold to 12.5% from 10%. Titan slid 3%, Tribhovandas Bhimji Zaveri 5%, PC Jeweller 4%, Thangamayil Jewellery Ltd fell 3%. “Today’s announced import duty hike on gold from 10% to 12.5% will negatively impact … Read more Jewellery stocks fall after import tax raise on gold

ITF seeks govt help to curb fall in apparel exports

A shift in the textile manufacturing ecosystem is the need of the hour, say industry insiders Despite government support by way of special package and incentives, the Indian textile industry has hit roadblocks on exports. The likely reasons may be the industry’s focus on select markets/zones — where it has been unable to compete on … Read more ITF seeks govt help to curb fall in apparel exports

AEPC concern over apparel exports fall; envoys meet CEA

India’s Apparel Export Promotion Council (AEPC) has expressed concern over the decline in apparel exports by about 40 per cent in October compared to the same month last year and has been engaging with policymakers for an early resolution of the issue that is hampering the apparel industry post implementation of the goods and services … Read more AEPC concern over apparel exports fall; envoys meet CEA

Vera Wang unveils her Fall 2018 bridal collection and we’re blown away. See pics

For the new season, designer Vera Wang (who has dressed many celebrities including Michelle Obama) has created a series that conjures up a dreamy elegance, veering away from the elaborate styles of her previous, bohemian collection. “I am seeing that girls today are ready for a return to classicism; there is a wanting for something simpler…it’s not necessarily … Read more Vera Wang unveils her Fall 2018 bridal collection and we’re blown away. See pics