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'Organised jewellery players set to capture 45% market share by FY30'

The Business Guardian

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October 01, 2025

Organized players in the Indian gold jewellery industry are expected to grow faster than the overall industry and capture a 45 per cent market share by FY3O, according to a report by Nomura.

- TDG NETWORK

The report highlighted that the Indian jewellery market has seen significant expansion over the last few years. It grew from USD48 billion in FY18 to USD9O billion in FY25, reflecting a compound annual growth rate (CAGR) of 9 per cent. Looking ahead, the market is projected to expand further to USD1S50 billion by FY33E. It stated “Over FY18

PLUS D'HISTOIRES DE The Business Guardian

The Business Guardian

The Business Guardian

Diesel crack surge, INR depreciation and retail tailwinds support Reliance outlook: JP Morgan

Reliance Industries Limited (RIL) is expected to benefit from the recent surge in diesel cracks, seasonal demand, and depreciation of INR, according to a report by JP Morgan, which has maintained an Overweight (OW) rating on the stock with a September 2026 price target of Rs 1,695.

time to read

1 mins

October 02, 2025

The Business Guardian

The Business Guardian

EVICTION DRIVES PART OF LARGER PUSH TO COUNTER DEMOGRAPHIC SHIFTS

Assam grabbed national headlines in the wake of eviction drives in forest land, khas or government land and in wetlands.

time to read

6 mins

October 02, 2025

The Business Guardian

The Business Guardian

Cabinet approves 3% hike in DA for central government employees

The Union Cabinet, chaired by Prime Minister Shri Narendra Modi, has approved a 3 per cent increase in Dearness Allowance (DA) for Central Government employees and Dearness Relief (DR) for pensioners, effective from July 1, 2025.

time to read

1 min

October 02, 2025

The Business Guardian

The Business Guardian

KIA ROLLS OUT PV5 PILOT PROJECT WITH SAUDI ARABIA'S RSG

Kia launches a pilot project in Saudi Arabia with Red Sea Global to test its PV5 vehicle for eco-friendly tourism mobility.

time to read

1 mins

October 02, 2025

The Business Guardian

The Business Guardian

ADB approves $190 million loan for Indore Metro rail project

The Asian Development Bank (ADB) has approved a USD 190 million loan to support the development of the Indore Metro Rail Project, a transformative initiative aimed at enhancing urban mobility, reducing pollution, and promoting inclusive growth in Madhya Pradesh, as per a company press release.

time to read

1 min

October 02, 2025

The Business Guardian

The Business Guardian

GST collections rise 9.1% to Rs 1.89 lakh crore in September

India’s Goods and Services Tax (GST) collections continued their upward trajectory in September 2025, rising by 9.1 per cent to Rs 1,89,017 crore compared to Rs 1,73,240 crore in the same month last year.

time to read

1 mins

October 02, 2025

The Business Guardian

The Business Guardian

Delhi to expand underground power cable project to markets

The Delhi government is preparing to extend its project of shifting overhead power cables underground to major marketplaces in the city, aiming both to improve aesthetics and reduce hazards, officials said on Wednesday.

time to read

1 min

October 02, 2025

The Business Guardian

The Business Guardian

Sommet Education joins WEF to boost Global Hospitality advocacy

Sommet Education, global leader in hospitality, luxury and culinary arts education and training, today announced a strategic alliance with the World Economic Forum (WEF) designed to elevate global awareness, dialogue and knowledge exchange around one of the most pressing issues for the hospitality, travel, and tourism sector: the future ofits workforce.Hospitality and tourism contribute over 10% of global GDP and are projected to employ more than 460 million people by 2035. Atthe same time, the industry faces acute workforce challenges, with nearly half of its core skills expected to change by 2028 and significant shortages already forecast in leadership and management roles. Addressing these issues requires not only investment in education and training but also global dialogue among public and private stakeholders to create coordinated solutions and implement joint innovative approaches.

time to read

1 min

October 02, 2025

The Business Guardian

All India Notebook Manufacturers Association Raises Concern Over GST 2.0 Impact on Notebook Industry

The situation is delicate as the cost of imported notebooks at 0% GST works out cheaper than Indian notebooks: Request for immediate remedial measure to the Govt.

time to read

1 min

October 02, 2025

The Business Guardian

The Business Guardian

INDIA AIMS FOR RS 25,000 CRORE MOUS AT BIRC 2025: PREM GARG

The Bharat International Rice Conference, set for October 30-31 at Bharat Mandapam in Delhi, aims to boost India's rice exports and benefit thousands of farmers.

time to read

2 mins

October 02, 2025

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