Recent Highlights
All Stories for Gems And Jewellery
Gems and jewellery exports dip 5.49% in October to Rs 24,583 cr: Industry body GJEPC
• 5 years agoThe 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
WTO cuts global trade growth forecasts to 1.2% for 2019 on escalating trade tensions; projection to not augur well for India
• 5 years agoWTO Director-General Roberto Azevedo said the darkening outlook for trade is discouraging but not unexpected.
Exports rise 2.25% to $26.3 bn in July, imports down 10.4%; trade deficit narrows to $13.4 bn
• 6 years agoIndia's exports grew by 2.25 percent to $26.33 billion in July, government data showed on Wednesday
Bankers want jewellery industry to become more transparent, compliant to regain trust after Nirav Modi, Mehul Choksi scam
• 6 years agoIncidents like the Nirav Modi and Gitanjali Gems have broken down the trust level for the gems and jewellery industry.
Union Budget 2019: Gems and jewellery sector seeks cut in gold import duty to 4%
• 6 years agoOn 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
PC Jeweller gets board's nod for export division demerger, amalgamation of subsidiary; scheme to enable independent listed company
• 6 years agoThe board of the demerged company that the commercial activities of the two verticals are distinct and diverse from each other
Mehul Choksi claims innocence, says not related to two firms involved in over Rs 14,000 cr PNB fraud
• 6 years agoIn a statement issued by his lawyers, the raids against Choksi were on the basis of "an old and dated (KYC) document" given to PNB
Exports to hit $330 bn in 2018-19; nine sectors identified to achieve 16% growth this financial year: Suresh Prabhu
• 6 years agoHe said the country's merchandise exports have seen high growth in the past six years through sector-specific interventions, focused export promotion initiatives, and quick resolution of issues.
Integrated gold policy likely soon; govt to promote growth of yellow metal industry, jewellery exports, says Suresh Prabhu
• 6 years agoIn February, Finance Minister Arun Jaitley announced formulation of a comprehensive gold policy to develop gold as an asset class.
Exim Bank says export growth to surge 7% in Oct-Dec; Nov merchandise shipment shrinks
• 6 years agoThe Exim Bank estimate said merchandise exports will go up to $82.39 billion for the third quarter of the fiscal year, as against $77 billion.