You are here

Cash crunch hits India's jewellery retailers; gold demand set to tumble

Singapore

A SELF-IMPOSED cash shortage in India is creating chaos for jewellery retailers in one of the world's biggest gold-buying countries. Sales are plunging.

Just ask Renita Ferreira. While her Feb 24 marriage ceremony has been set for a year, she and her fiance haven't bought...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes