GST, cash flow issues take glow out of gem, jewellery sales

Sale of gem and jewellery is likely to drop 10-15 per cent in the current financial year due to Goods and Services Tax (GST), high gold price and cash flow issues, according to N Anantha Padmanaban, Chairman, All India Gem and Jewellery Domestic Council. In 2016-17, the sale of gem and jewellery was nearly ₹3.60 lakh … Read more GST, cash flow issues take glow out of gem, jewellery sales

Apple Issues Profit Warning, Cuts Revenue Outlook By $9 Billion Amid Pricey iPhone Sales Drop

tomorrow’s prices Apple CEO Tim Cook issued the Silicon Valley company’s first profit warning in 16 years, knocking $9 billion off its revenue outlook for the December quarter blaming the drop in iPhone sales on China’s slowing economy and consumers savvy-ness rather than on years of price gouging and the lack of product innovation. (Photo … Read more Apple Issues Profit Warning, Cuts Revenue Outlook By $9 Billion Amid Pricey iPhone Sales Drop

AR unique: Labour issues mentioned at Gangwar-Dattatreya meet

Minister of Textiles (I/C) Santosh Gangwar met Labour Minister Bandaru Dattatreya to speak about labour issues relating to the fabric industry, with the number one awareness being on the Union government’s recent inspiration to elevate minimum wages for agreement labour to Rs 10,000, a proposal of which the MoT isn’t always in favour. a few … Read more AR unique: Labour issues mentioned at Gangwar-Dattatreya meet

Designers address issues through their collections

Designers address issues through their collections Who said fashion is only about models showcasing designer wear? Fashion brands and designers in India and around the world are grappling with serious issues — political, social and ethical — through thought-provoking designs in their collections and on the runway. Recently, an international luxury label came up with … Read more Designers address issues through their collections