GJEPC

GJEPC hails GST council decision on rough diamond import

GJEPC hails GST council decision on rough diamond import

Pandya also welcomed the formation of the special committee to look after GST rules in relation with exports under the Chairmanship of Revenue Secretary.

Sep 11, 2017, 18:42 PM IST
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.

May 15, 2017, 14:25 PM IST
Gems, jewellery exports likely to rise 10% in FY17: GJEPC

Gems, jewellery exports likely to rise 10% in FY17: GJEPC

Gems and jewellery exports are likely to witness a growth of about 10 per cent this fiscal due to increasing demand in the US and Europe, according to the industry's apex trade promotion body.

Jan 29, 2017, 13:39 PM IST
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.

 

Aug 25, 2016, 15:45 PM IST
Jewellers' strike against 1% excise duty enters 21st day

Jewellers' strike against 1% excise duty enters 21st day

The strike by a large number of jewellers and bullion traders continued for the 21st day today to protest against the Budget proposal to impose 1 per cent excise duty on non-silver jewellery, despite the government constituting a panel to look into their demand.

Mar 22, 2016, 16:29 PM IST

Jewellery industry incurs Rs 60,000-70,000 crore loss in 18-day stir

The 18-day long strike by jewellers, which ended last night, is estimated to have caused loss of Rs 60,000-70,000 crore to the industry.Meanwhile, a three-member committee has been set up to look into issues of jewellers and it would submit a report to the government within two months.

Mar 20, 2016, 16:50 PM IST

India's Q1 gold jewellery imports rise by 10%: GJEPC

Currently, the premium on gold has come down to Rs 1 per gram of gold from Rs 200 per gram in April.

Aug 03, 2014, 11:35 AM IST

GJEPC wants domestic insurers to chip into bullion cover

The apex industry body Gems & Jewellery Export Promotion Council (GJEPC) Saturday demanded alternate channels of insurance coverage for the sector as the Export Credit Guarantee Corporation is under-capitalised currently to cover the rising bullion trade.

Jun 28, 2014, 23:59 PM IST

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.

Jun 20, 2014, 08:43 AM IST

India's gem and jewellery imports drop 9% in 2013-14

India's imports of gems and jewellery fell by 9 percent to Rs 1,85,883 crore in 2013-14 on a sharp decline in shipments of gold bars and jewellery due to government curbs, the industry body said.

May 01, 2014, 17:36 PM IST

India's gem and jewellery imports drop 9% in 2013-14

India's imports of gems and jewellery fell by 9 percent to Rs 1,85,883 crore in 2013-14 on a sharp decline in shipments of gold bars and jewellery due to government curbs, the industry body said.

May 01, 2014, 17:31 PM IST

Gold jewellery exports climb, set to keep rising

Gold jewellery exports from India rose for a second straight month in March as raw material supply improved after the RBI allowed more banks to import bullion, with industry officials saying the upward trend looks set to continue.

Apr 30, 2014, 11:43 AM IST

India's gems and jewellery imports up by 8% in January

Import of gold bars fell 30 percent to Rs 2,824.56 crore from Rs 4,037 crore in January 2013.

Mar 06, 2014, 15:13 PM IST

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.

Jan 27, 2014, 18:52 PM IST

Gems and jewellery bourse to come up in Jaipur

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.

Dec 22, 2013, 21:26 PM IST

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.

Dec 04, 2013, 19:19 PM IST

Gold jewellery exports fall 6.9% in October

Exports of gold jewellery from India fell 6.9 percent on month in October to USD 608.95 million, an industry body said on Monday.

Nov 25, 2013, 15:07 PM IST

Gems, jewellery exports drop 10.25% in August

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.

Oct 08, 2013, 17:43 PM IST

Gold buyers rush to order as import rules clarified

Gold buyers lined up to restart imports on Wednesday as the customs department clarified new rules, putting the world's biggest bullion buyer back in the market after a six-week gap and threatening government efforts to underpin the rupee.

Sep 05, 2013, 12:20 PM IST

Jewellery exports may dip by 20% in FY14 on less stocks: GJEPC

Jewellery exports are likely to be hit and decline by up to 20 percent in FY14, due to limited availability of gold inventory in the domestic market following the government's steps to curb demand, according to export promotion body GJEPC.

Jun 30, 2013, 12:35 PM IST