Jewellery demand expected to fall by 71% in Q4 due to jewellers’ strike

Jewellery demand is expected to record a sharp fall of 71 per cent to 40-50 tonnes in the March quarter against the 173 tonnes logged in the December quarter. This is largely due to the 21-day strike by jewellers to protest against the levy of 1 per cent excise duty, in the Budget.....Read More