Latest News on Gems And Jewellery
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Gems And Jewellery - Total results - 24
Apr 16, 2020
Exports plunge 34.6% in March to $21.4 bn, steepest fall since FY09; imports down 28.7%India's exports plunged by a record 34.57 per cent in March due to a steep decline in shipments of leather, gems and jewellery and petroleum products, dragging the total exports in 2019-20 down to $314.31 billion, official data showed on Wednesday
Apr 10, 2020
Coronavirus Outbreak: Exports sector may witness 15 million job losses, increase in NPAs, says industry bodyAbout 15 million people face job losses in India's exports sector following cancellation of over half of the orders and gloomy forecast for global trade due to the Covid-19 pandemic, exporters' body FIEO said on Friday
Mar 30, 2020
Coronavirus Outbreak: Gems, jewellery exports stare at steep fall in Q1 next fiscal as disruptions hit operations: ReportA 41 percent annual decline in cut and polished diamond exports led to a cumulative exports fall of 19 percent year-on-year for the overall gems and jewellery industry in February 2020, it added.
Dec 13, 2019
Exports contract marginally to $26 bn in November; trade deficit narrows to $12 bnIndia's exports contracted marginally by 0.34 percent in November to $25.98 billion, while imports slowed to $38.11 billion, bringing down the trade deficit to $12.12 billion
Nov 12, 2019
Gems and jewellery exports dip 5.49% in October to Rs 24,583 cr: Industry body GJEPCThe gems and jewellery exports continued to be affected following geopolitical tensions as the overall shipments in October declined by 5.49 percent to Rs 24,583.19 crore compared to the same month last year
Oct 01, 2019
WTO cuts global trade growth forecasts to 1.2% for 2019 on escalating trade tensions; projection to not augur well for IndiaWTO Director-General Roberto Azevedo said the darkening outlook for trade is discouraging but not unexpected.
Aug 14, 2019
Exports rise 2.25% to $26.3 bn in July, imports down 10.4%; trade deficit narrows to $13.4 bnIndia's exports grew by 2.25 percent to $26.33 billion in July, government data showed on Wednesday
Jul 04, 2019
Bankers want jewellery industry to become more transparent, compliant to regain trust after Nirav Modi, Mehul Choksi scamIncidents like the Nirav Modi and Gitanjali Gems have broken down the trust level for the gems and jewellery industry.
Jun 27, 2019
Union Budget 2019: Gems and jewellery sector seeks cut in gold import duty to 4%On the onset of the Union Budget for 2019-20, the gems and jewellery sector has unanimously sought a reduction of gold import duty to 4 percent to check smuggling in a big way
May 13, 2019
PC Jeweller gets board's nod for export division demerger, amalgamation of subsidiary; scheme to enable independent listed companyThe board of the demerged company that the commercial activities of the two verticals are distinct and diverse from each other