Traders in Mumbai’s Zaveri Bazaar stop selling jewellery against credit to retail jewellers

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Traders at Mumbai‘s Zaveri Bazaar, reeling under sales depleted by the Covid-19 pandemic and rising gold prices, have stopped selling jewellery against credit to the retail jewellers. They are insisting that retailers pay upfront for their jewellery taken during the pre-Covid period or return them if they fail to pay. Retailers have already returned a … Read more