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Gems, jewellery export may hit $41-42 billion this fiscal: GJEPC

Gems, jewellery export may hit $41-42 billion this fiscal: GJEPC

Higher demand in the Middle-East and South-East Asia could help India's gems and jewellery export grow this fiscal to about USD 42 billion, an export promotion body said on Monday.

Levy 1.25% GST on jewellery sector: GJF urges govt

The All India Gems and Jewellery Trade Federation (GJF) on Friday urged the government to levy 1.25 percent Goods and Service Tax (GST) on the industry as against the proposed four percent.

Budget 2017: Govt may cut gold import duty, announce incentives for gems and jewellery

Budget 2017: Govt may cut gold import duty, announce incentives for gems and jewellery

The government is expected to announce steps like cut in the gold import duty and incentives to set up gems and jewellery parks in the next Budget to promote growth of the industry.

Demonetisation: Jewellers claim 85-90% dip in domestic business, exports unaffected

Demonetisation: Jewellers claim 85-90% dip in domestic business, exports unaffected

Many jewellers estimate an 85-90 percent dip in business post-demonetisation -- but exports have been unaffected.

Jewellery sales to witness 25% growth during Dhanteras

Jewellery sales to witness 25% growth during Dhanteras

Gems and jewellery retailers are expecting around 25 percent growth in sales during Dhanteras, considered auspicious to buy precious metal, compared to last year due to good monsoon and pent up consumer demand, experts say.

Gems, jewellery exports up about 12% in Apr-Jul FY17

Gems, jewellery exports up about 12% in Apr-Jul FY17

Exports of gems and jewellery grew 11.7 percent to USD 11.4 billion during the first four months of the current fiscal, driven largely by demand in India's major markets like the US.

 

RBI to fine tune gold monetisation scheme

Till November 18, the gold monetisation scheme had garnered 400 grams of physical gold.

 

Jewellery retailers may see 12% revenue growth in FY16: Ind-Ra

Gems and jewellery retailers are likely to outshine exporters by registering up to 12 percent growth in revenue on rising domestic demand this fiscal year, India Ratings and Research (Ind-Ra) Thursday said.

India imports gold worth $26 billion in Apr-Dec period

India imported gold worth about USD 26 billion during the April-December period of the current fiscal, Parliament was informed on Tuesday.

'Govt may consider import duty cut on gold in Budget'

With decline in gold imports, the government may consider 2-4 percent reduction in import duty on it in the forthcoming Budget, a move that could help boost exports and manufacturing of gems and jewellery, sources said.

Budget 2015: Key Expectations of Gems and Jewellery Sector

Surendra Mehta, secretary of The Bombay Bullion Association Ltd shared his views on expectations of the gems and jewellery sector for the Budget 2015.

Commerce Ministry calls meeting with jewellers on gold import issues

The Commerce Ministry has called a meeting of gems and jewellery exporters Wednesday to discuss issues regarding gold imports for the sector.

Gems and jewellery exports dip 4% to $3.59 bn in Feb

Declining for the fourth month in a row, gems and jewellery exports in February fell by 4.15 percent to USD 3.59 billion due to sluggish demand in key markets such as the US and Europe.

India's gems and jewellery imports decline 11% in December

India's imports of gems and jewellery fell over 11 percent to Rs 15,735 crore in December.

Gems, jewellery exports glitter in October, up 21.8%

India's gems and jewellery exports rose by 21.8 percent year-on-year in October to USD 3.37 billion boosted by rising demand from western markets ahead of Christmas.

Gems and jewellery export may rise for 3rd straight month in Oct

The country's overseas sale of gems and jewellery in October this year is likely to exceed by 36 percent from Rs 14,475 crore achieved in the same month last year, it stated.

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.

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.

Mamata wants rollback on customs duty on gold

Mamata Banerjee is angry with the Congress yet again. This time it has to do with the rollback of another policy measure proposed by the Union Finance Minister Pranab Mukherjee. The proposal relates to the gems and jewellery sector figured in the Union Budget 2012.