National News
Sabyasachi Opens Lavish New Flagship Store in Hyderabad for Fine Jewellery and Global Collections
The luxury brand’s new boutique at the Taj Krishna in Banjara Hills highlights its celebrated fine jewellery and global couture collections.
Luxury fashion house Sabyasachi has unveiled its latest flagship boutique in Hyderabad, solidifying its presence in India’s burgeoning luxury market. The new store, located within the iconic Taj Krishna in Banjara Hills, showcases the brand’s renowned fine jewellery along with an exclusive selection of global collections.
Designed to evoke the grandeur of an aristocratic residence, the boutique combines vintage allure with regal elegance. Featuring antique chandeliers, ornate woodwork, and carefully curated art pieces, the store provides an immersive luxury shopping experience. Visitors can explore an expansive collection of high jewellery, couture, and accessories that beautifully blend India’s traditional craftsmanship with contemporary global influences.
With this launch, Sabyasachi continues its mission to redefine the Indian luxury market. The brand, which recently celebrated its 25th anniversary with a glittering fashion showcase, aims to establish India’s first global luxury house. Reflecting on his journey, designer Sabyasachi Mukherjee shared on social media: “From a small team of three in 2001 to over 3,000 artisans today, our mission remains unchanged—celebrating and reviving India’s rich artistic legacy. Luxury is deeply rooted in India’s history, and we’re bringing it back to the global stage.”
This new flagship is another significant milestone in Sabyasachi’s ambitious expansion as it continues to blend heritage and modernity, reshaping the landscape of Indian luxury.
National News
GJC welcomes RBI’s 25 basis point repo rate cut
Seen as a boost to economic growth and sectoral stability
The All India Gem and Jewellery Domestic Council (GJC) welcomes the Reserve Bank of India’s announcement of a 25 basis point cut in the key repo rate. This progressive and timely measure reflects the Hon’ble Prime Minister and the Finance Minister’s commitment to strengthening India’s economic environment.
The gem and jewellery sector, a vital contributor to employment and exports, will benefit significantly from this reduction in interest rates. Lower borrowing costs and improved liquidity will ease financial pressures, enhance business confidence, and support growth across the trade.
Rajesh Rokde, Chairman of GJC, said: “We sincerely appreciate the Government of India and the RBI for this supportive move. The repo rate cut will help the trade stabilise, sustain, and grow in the coming months. It is a welcome relief for our industry and will encourage investment, strengthen retail demand, and create a more conducive environment for expansion.”
Avinash Gupta, Vice Chairman of GJC, added: “This decision demonstrates the government’s proactive approach to nurturing economic growth. By easing financial pressures, the RBI has created an enabling environment for businesses in the gem and jewellery sector to flourish. We urge all our fellow members nationwide to take note of this positive development and utilise the benefit effectively, especially small and medium enterprises that form the backbone of our industry.”
The GJC believes this move will have a cascading positive impact across allied industries, empowering artisans, manufacturers, wholesalers, and retailers. With improved liquidity, jewellers will be better positioned to meet consumer demand during the upcoming festive and wedding seasons, further contributing to India’s economic momentum.
The Council reiterates its gratitude to the Government of India and the Reserve Bank of India for their continued support. This measure will strengthen the sector’s resilience and long-term growth, reinforcing India’s position as a global leader in gems and jewellery.
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