Gross exports of gems and jewellery have declined for nine months in a row this financial year. It fell by 2 per cent YoY in December to $2,436 million. It had seen a YoY decline of 3 per cent in November. The quantum of de-growth in gross exports in the nine months of FY20 is … Read More →
Drops 14 per cent to $2.84 billion in August 2019. Gems and jewellery exports continued its downtrend registering a fall of 14 per cent in August to $2.84 billion against $3.32 billion logged in the same period last year. In rupee terms, exports were down 12 per cent to ₹ 20,242 crore (₹ 23,077 crore). The hike in … 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 →
A ring with a diamond set into an opal, and inlaid into a chrysoprase. Courtesy Boghossian Grand auction houses pride themselves on sourcing unusual pieces from contemporary jewellery maisons to tempt collectors and connoisseurs. And later this month, an exceptional bracelet that flows with the fluidity of silk and is set with some extraordinarily rare … Read More →
NEW DELHI: Taking a cue from the Gujarat elections, the finance ministry is planning to dole our special package for the textile and gems & jewellery sectors in the upcoming Budget. Despite badly hit by the GST, people in the state decided to vote for the economic agenda of the Bharatiya Janata Party government. “There … Read More →
Surat: The apex body of India’s gems and jewellery sector has predicted that the exports are likely to remain flat in this financial year due to weak demand in the overseas market and the Goods and Service Tax (GST) implementation in India. In the recently published trade data for FY18, the Gems and Jewellery Export … Read More →