Imports too declined by 12.71 per cent to $38.11 billion in November, narrowing the trade deficit to $12.12 billion. Cumulatively, during April-November 2019, exports were down 1.99 per cent to $211.93 billion while imports contracted by 8.91 per cent to $318.78 billion.
As news of Sidharth Shukla's shocking death spread, his friends from the television and film industry arrived at Mumbai's Cooper Hospital, where Shukla's body was taken, to pay their last respects.
Gitanjali Gems and Firestar Diamonds together account for 5.8 per cent of the diamond and jewellery trade in India.
Tributes poured in for violin maestro T N Krishnan, who died in Chennai at the age of 92, with Prime Minister Narendra Modi, Home Minister Amit Shah and the world of Carnatic music mourning the doyen's demise and recalling his rich contributions.
Since most banks have tightened lending to diamond merchants and others are about to do so, many medium and small diamond dealers are approaching large players for credit facility within the industry
'The sweetest, warmest and loving man ever, always smiling, very innocent and child-like.'
Three-four big gem and jewellery firms are showing financial weaknesses and might find it tough to withstand shocks
The country's exports jumped by 60.29 per cent to $34.45 billion in March even as the outbound shipments contracted by 7.26 per cent during the full 2020-21 fiscal to $290.63 billion. Imports too grew by 53.74 per cent to $48.38 billion in March, but dipped by 18 per cent to $389.18 billion during April-March 2020-21, according to the government data released on Thursday. Trade deficit during March 2021 widened to $13.93 billion from $9.98 billion in March 2020.
'Rezang La was a unique battle.' 'It was not a large scale battle like the Battle of Kohima which involved a large number of troops.' 'Here there was just a company that fought it out till the last man.'
'Pancham was way ahead of his times. Picture chale na chale, RD's music was damn good.'
'You become a critic because the job entails watching a 100 films a year, out of which there will be five or six good films.' 'It's really a glutton for punishment, but you're also optimistic and want to see exciting things.'
'Every single Indian dish is a jewel.'
At risk of entrenched rough times are sectors like hospitality and those with discretionary spends.
Subhash K Jha picks 5 Hindi films that celebrate sibling bonding.
The country's exports rose by 48.34 per cent to $32.5 billion on account of healthy growth in shipments of petroleum products, gems and jewellery, and chemicals, leather and marine goods, according to the data released by the Commerce Ministry on Thursday. Imports in June too rose by 98.31 per cent to $41.87 billion, leaving a trade deficit of $9.37 billion as against a trade surplus of $0.79 billion in the same month last year. During April-June 2021, the exports increased by 85.88 per cent to $95.39 billion.
When you think of Indian Maharajas of yore what is the one thing that comes to mind? Jewels! And that is exactly what the world will witness at Christie's, New York during its upcoming auction -- "Maharajas and Mughal Magnificence". The "unprecedented group" of objects is from The Al Thani Collection of the royal family of Qatar. It is expected to see competitive bidding from across the globe. As per Christie's, this collection is poised to be the most valuable auction of jewellery and jewelled objects. The current record is held by The Collection of Elizabeth Taylor, which totals $144 million (Rs 1,003 crore). Mughal emperor Shah Jahan's jade hilted dagger, the priceless jewels of the Nizams of Hyderabad, and a string of pearls belonging to Rajmata Gayatri Devi of Jaipur are among the 400 royal artefacts that would be auctioned on Wednesday. Here's a glimpse of the astounding jewels that will be auctioned.
On his 40th birthday on September 28, Sukanya Verma draws up a playlist of 40 riveting Ranbir songs.
Basu Chatterjee's films have wonderful songs, 10 of which Joginder Tuteja lists here.
'It's very difficult, almost impossible, to select my favourite duets with Kishoreda.'
'His shocking demise is a reminder to us to take life slow.'
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
India processes around 90% of the world's supply of rough diamonds.
Many cricketers hailed R Ashwin on social media.
Raveena shares a wow throwback picture...Tisca shares her OTT binge list...
Rajkummar wraps up Bheed... Huma is proud of Saqib...Farah gets nostalgic...
After contracting for six months in a row, the country's exports grew by 5.27 per cent to $27.4 billion in September, Commerce and Industry Minister Piyush Goyal said on Thursday.
Ranbir Kapoor's larger-than-life daku depiction in and as Shamshera is old school at its spectacular best. While we wait to watch the actor in one of the most raw, rough and rustic outings of his career, here's Sukanya Verma's list of 25 daku roles we love, ranked in an ascending order.
Veteran santoor player and music composer Pt Shiv Kumar Sharma died in Mumbai on Tuesday morning following a heart attack, family sources said. He was 84.
'While we conversed in Marathi, she would always make it a point to ask me in English, "Are you okay? Have you eaten?"' 'I sorely miss that care and concern.'
Homegrown auto major Mahindra & Mahindra on Tuesday said it plans to launch 16 electric vehicles (EVs) by 2027 across SUV and light commercial vehicle categories to strengthen its leadership position in India's electric mobility segment. The company, which has set a cumulative revenue growth target of 15-20 per cent by 2025, is keeping its options open to either bring in private equity investors or carve out its EV business into a separate entity to drive its growth. M&M, which has already announced plans to invest Rs 3,000 crore in EVs, is also considering a new brand name for the electric SUVs that it will launch by 2027.
India's merchandise exports in October surged 42.33 per cent to $35.47 billion on the back of good performance by the engineering and petroleum sectors, as per provisional data released by the government on Monday. The exports stood at $24.92 billion in October 2020 and $26.23 billion in October 2019. "India's merchandise exports in October 2021 was $35.47 billion, an increase of 42.33 per cent over $24.92 billion in October 2020 and an increase of 35.21 per cent over $26.23 billion in October 2019," as per an official statement.
India's exports in April jumped nearly three-fold to USD 30.63 billion from USD 10.36 billion in the same month last year, according to government data released on Friday.
The diamond merchant wanted in India on charges of fraud and money laundering in the estimated $2-billion Punjab National Bank scam case, lost his legal battle against extradition as a UK judge ruled that he does have a case to answer before the Indian courts.
Prime Minister Narendra Modi had asked exporters to prepare a strategy for the next five years and start working in that direction.
The country's exports jumped by 58.23 per cent to $34 billion in March as key sectors such as engineering, gems and jewellery and pharmaceuticals recorded healthy growth rate during the month, according to the Commerce Ministry's provisional data. Exports during April-March 2020-21, however, dipped by 7.4 per cent to $290.18 billion compared to $313.36 billion in 2019-20, the data showed. Imports during 2020-21 contracted by 18 per cent to $388.92 billion compared to $474.71 billion during 2019-20. In March 2020, the exports stood at $21.49 billion, which was a decline of about 34 per cent over March 2019 due to global slowdown induced by the Covid-19 crisis.
'Mamata Didi is the only politician who can take on the might of Modi.'
Blocked working capital worth Rs 1,500 crore, in the almost-defunct job work diamond polishing units, is expected to be released even as diamantaires will issue fresh orders to such units following the GST relief.
According to a senior government official, the plan is to do "collective bargaining" for certain medical devices and implants by assuring a bulk requirement to the manufacturers. "The requirement for these devices runs into millions. We assure them that the requirement is going to be in bulk. In return, they should offer us better rates," he said.
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