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Tag Archives: Billion

08Apr 2022

Gold Imports Rose To $45 Billion In April-February Of 2021-22

by Loknath Das

  India’s gold imports rose 73 per cent to $45.1 billion during the April-February period of the current financial year owing to higher demand, according to data released by commerce ministry. The imports had stood at $26.11 billion in April-February period of 2021. Gold imports have a bearing on the country’s current account deficit. In February … Read More →

31Jan 2020

Government targeting $80 billion jewellery exports in next five years: Official

by Loknath Das

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 →

26Dec 2018

How Allbirds went from Silicon Valley fashion staple to a $1.4 billion sneaker start-up

by Loknath Das

In 2012, Tim Brown called it quits on an eight-year professional soccer career that included a trip to the 2010 FIFA World Cup as New Zealand’s vice captain. After retiring, one thing from Brown’s playing days would not stop bugging him: the sneakers. Throughout his playing career, Brown’s teams (he played in the U.S., Australia … Read More →

31Jul 2017

Government targets $60 billion gems and jewellery exports by 2022

by Loknath Das

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 →

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