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GJEPC seeks duty cut on gold to 2%, scrapping 80:20 rule

The Gems and Jewellery Export Promotion Council (GJEPC) has urged the government to reduce import duty on gold and silver to 2 percent from 10 percent.

Gems and jewellery exports drop 9% in 2013-14

India's gems and jewellery exports, which contribute about 15 percent of the country's overseas shipments, fell by about 9 percent to USD 39.5 billion in 2013-14.

Gems, jewellery exports glitter in April; see 33% growth

After declining 3 percent in March, India's gems and jewellery exports witnessed a robust growth of about 33 percent to USD 3.38 billion in April 2013.

'India's gems and jewellery exports may grow by 15% in FY14'

The country is estimated to have exported USD 39 billion worth various precious gems and jewellery in the 2012-13 fiscal, GJEPC said.

Gems and jewellery exports down 9.3% in 2012-13

India's gems and jewellery exports declined by 9.3 percent to USD 39 billion in 2012-13 because of lower demand from global markets, especially in the US and Europe.

Gems and jewellery exports down 20% in Oct

Gems and jewellery exports declined 20 percent to USD 2.7 billion in October due to weak demand in western markets, according to the data provided by GJEP.

Gems and jewellery exports dip 14% to $3.72 bn in Sept

During the April-September period this fiscal, the shipments fell by 11.7 percent to USD 19.90 billion.

Gems, jewellery exports decline by 17.69% in March

Gems and jewellery exports dipped by 17.69 percent in March to Rs 22,755.81 crore due to 2 percent import duty on polished diamonds, the Gems and Jewellery Export Promotion Council (GJEPC) said on Thursday.