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GJEPC wants domestic insurers to chip into bullion cover

Last Updated: Saturday, June 28, 2014, 23:59

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.

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.

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

Last Updated: Thursday, May 01, 2014, 17:36

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.

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

Last Updated: Thursday, May 01, 2014, 17:31

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.

Gold jewellery exports climb, set to keep rising

Last Updated: Wednesday, April 30, 2014, 11:43

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.

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

Last Updated: Thursday, March 06, 2014, 15:13

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

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.

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 fall 6.9% in October

Last Updated: Monday, November 25, 2013, 15:07

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.

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.

Gold buyers rush to order as import rules clarified

Last Updated: Thursday, September 05, 2013, 12:20

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.