India Gem and Jewellery Domestic Council (GJC) has sought reduction in import duty on gold in the upcoming Budget. “The 10 percent import duty on gold was levied to curb Current Account Deficit (CAD). However, India’s trade deficit narrowed to 2.5 percent of GDP in 2019,” said GJC Chairman Anantha Padmanaban. He further said that … Read More →
Mumbai: 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. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied … Read More →
On the onset of the Union Budgetfor 2019-20, the gems and jewellery sector has unanimously sought reduction of gold import duty to 4 percent to check smuggling in a big way. In a representation, the All India Gem and Jewellery Domestic Council (GJC) said the 10 percent import duty on gold was levied to curb current … Read More →
Keeping up with trends in fashion, entertainment, food, and technology is an important part of living the so-called ‘millennial lifestyle.’ And, this applies to jewellery as well, despite it being a traditional concept in India. And there are a large number of businesses vying for a piece of the pie. The gems and jewellery industry … Read More →
New Delhi, May 30 (KNN) Exports of cut and polished diamonds from India dropped by 17.64% year-on-year during the month of April 2019, while gold jewellery (plain and studded) exports rose by 11.41% y-o-y during the same month, according to provisional data released by Gem & Jewellery Export Promotion Council (GJEPC). According to the GJEPC release, … Read More →
Dubai: Gold jewellery prices in the UAE dropped to their lowest level in weeks as the US dollar strengthened, offering a much-needed price relief to consumers. Retail rates across the stores and souks posted a decline of approximately Dh2.50 per gram on Monday, with the 24-karat gold selling at Dh154.50 per gram, down by 1.6 … Read More →
It’s the summer of excess: camp, bright yellow, tie-dye, feathers and glitter. How can you expect jewellery to be anything but loud and colourful? After many seasons of wearing delicate designs in stacks and layers, jewellery lovers are now turning to bold maximalism and jewellery that makes a statement. The mood-boards are dominated by rainbows, … Read More →