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

Last Updated: Friday, June 20, 2014, 08:43

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.

Gold import may increase by 10-15 tonnes/month: GJF

Last Updated: Thursday, May 22, 2014, 18:31

Gold import by India may increase by 10-15 tonnes per month following the latest relaxations by RBI, and emergence of stronger government.

Gems and jewellery exports drop 9% in 2013-14

Last Updated: Sunday, April 20, 2014, 12:18

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

Last Updated: Thursday, March 13, 2014, 17:33

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

Last Updated: Monday, January 27, 2014, 18:52

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

Gems and jewellery bourse to come up in Jaipur

Last Updated: Sunday, December 22, 2013, 21:26

The gems bourse will come up on a 40,000-square meter plot of the Rajasthan State Industrial Development & Investment Corporation's (RIICO) Gem Park.

Commerce Ministry for easing of gold import norms for exporters

Last Updated: Sunday, December 22, 2013, 12:38

In a letter to Economic Affairs Secretary Arvind Mayaram, Commerce Secretary S R Rao has asked him to "look into the matter (gold imports by exporters) and issue necessary instructions to RBI for removal of the anomaly.

Gems, jewellery exports glitter in October, up 21.8%

Last Updated: Wednesday, December 04, 2013, 19:19

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.

Gold jewellery exports likely to dip by 50% in FY14: Industry

Last Updated: Wednesday, November 27, 2013, 20:38

Gold jewellery exports were Rs 1,293 crore in 2012-13, according to the Gems and Jewellery Export Promotion Council.

GJF seeks measures to rescue gems, jewellery trade

Last Updated: Friday, November 22, 2013, 21:06

The All India Gems and Jewellery Trade Federation (GJF) today sought measures, which includes reducing import duty to five per cent and bringing back stand-by letter of credit (SBLC), to "rescue" the industry.

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

Last Updated: Monday, November 04, 2013, 18:28

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 drop 10.25% in August

Last Updated: Tuesday, October 08, 2013, 17:43

India's gems and jewellery exports dropped 10.25 percent year-on-year to USD 2.8 billion in August, due to inadequate availability of gold.