The Delhi government today launched a flagship scheme to enable students avail education loan of up to ₹ 10 lakh. Deputy Chief Minister and Education Minister Manish Sisodia kick-started the scheme by distributing cheques to the first 25 beneficiaries. Around 30 students were issued sanction letters to whom cheques would be issued subsequently. Cheques worth ₹ 75 lakh in … Read More →
Dutta said there has been decline in the growth of jewellery exports this fiscal owing to global slowdown. The government is aiming at USD 80 billion of jewellery exports in the next five years from the present level of USD 40 billion, a senior official said on Thursday. The Centre also expects the jewellery industry … Read More →
The atypical nature of an e-commerce transaction necessitates a consumer protection framework, the draft e-commerce policy said. Online shoppers are set to get respite from promotional messages and emails spamming their devices from e-commerce marketplaces as the government aims to regulate them with a legal framework. “Unsolicited commercial messages (on various platforms including but not limited to … Read More →
Mohammed Arif, said to be a manufacturer and dealer of bullbars, has sought to implead himself in a public interest litigation (PIL) filed by Aarshi Kapoor and Sidharth Bagla, which claimed that bullbars interfere in the opening of airbags, and also have the potential to injure/kill pedestrians and other road users. Mr. Arif has a different … Read More →
Although the downward trend witnessed in the global markets, the country’s gems and jewellery exports showed upward trend, which is very positive sign. MUMBAI: The government hopes the gems and jewellery sector to grow 6-7 per cent per annum and has set at target of $60 billion exports by 2022 from the present $43 billion, a senior … Read More →
The government’s decision to exempt small scale jewellers from excise duty will give a boost to the trade, the gems and jewellery industry said on Thursday. “On behalf of GJF, we appreciate the government’s support towards the gems and jewellery industry. This will boost the trade as the industry was eagerly awaiting the clarifications on the levy of excise duty,” … Read More →
Arun Jaitley’s budget speech with its `9 pillars’ of growth may have soared the hopes of many, but his one sentence, announcing 1% excise duty on all gold jewellery as well as studded jewellery ornaments, floored the entire gems & jewellery trade. For, a trade that pinned its hopes of a reduced import duty on … Read More →