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12 Indian diamond traders detained in China return home

Twelve of the 22 Indian diamond traders, detained in China on charges of smuggling, returned home early on Friday after they were let off following deportation orders by a Chinese court. "We are......

Gems Export Council seeks duty cut on gold to 2%

The Gems and Jewellery Export Promotion Council has urged the government to reduce import duty on gold and silver to 2 per cent from 10 per cent. The jewellery exporters body has also demanded for......

Gems council may leave China

The Gems & Jewellery Export Promotion Council (GJEPC), the apex body set up by the Union ministry of commerce to monitor the jewellery business overseas, says it might call for pulling out of the......

Jewellery exporters scout for new markets

Domestic diamond and gold jewellery exporters have started promoting sales in newer markets, including Japan and the CIS countries. The move follows anticipation of lower sales in the US market in......

Jewellery exports to the US to rise by 35%

Owing to increased demand by Americans, the Gems and Jewellery Export Promotion Council expects a 35 per cent increase in jewellery exports to the US at $5.88 billion this fiscal.Indian exporters......

Jewellery Council to attract $2 bn FDI

Gem and Jewellery Export Promotion Council on Wednesday said it expects to attract foreign direct investment worth $2 billion in this fiscal besides a growth of 20-25 per cent. "We are confident of......

Sonam Kapoor to walk the ramp for Jewellery Week

Actress Sonam Kapoor was named the brand ambassador for India International Jewellery Week's second edition at Grand Hyatt in Santa Cruz, a western Mumbai suburb. The show will commence on July......
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India stares at trade war as Trump readies reciprocal tax

$5-billion worth of pharma exports would be in a tough place if tariffs are revised upwards. Trump signed two proclamations that levied 25% tariff... ...
As loans become scarce, jewellers face working capital crunch

Banks have become more vigilant over the past two weeks, with many more officials involved in loan approval and disbursal. Jewellery manufacturers... ...
Gem and Jewellery Export Promotion Council shows its willingness to suspend Nirav Modi, Mehul Choksi from council

Gem and Jewellery Export Promotion Council has showed its willingness to suspend Nirav Modi and Mehul Choksi from the council if they fail to... ...

The gems and jewellery exports are likely to remain flat this financial year due to global economic slowdown, but might grow at 10 per cent next... ...
Sharp tax cuts on gold among steps mooted by NITI panel

While the government has not made the report public, sources said the panel had recommended a sharp cut in all taxes on the gold business,... ...

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