Tag: tanishq

Gold monthly payment schemes gain traction: In response to soaring gold prices, consumers are curbing their gold purchases, but monthly payment programs are gaining traction. According to an ET report, leading jewelry retailers are witnessing a remarkable uptick in purchases facilitated by deferred or monthly payment schemes. Several major jewelry retailers have reported a substantial increase, with some seeing over a 50% surge in purchases through monthly schemes.Tata Group’s Tanishq got Rs 3,890 crore in FY23 through this deposit scheme, marking a 44% rise from Rs 2,701 crore...