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Exports up 10.22% in June; trade deficit at 11-month high

The trade deficit rose in June as gold imports jumped 65.13 percent to USD 3.12 billion from USD 1.88 billion in the same month last year.

Gold imports to decline by 41% this year: MMTC chief

Gold imports are likely to decline by 41 percent to 500 tonnes this financial year on account of curbs imposed by government, a top MMTC official said Wednesday.

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 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.

Gold jewellery exports fall 70% in July

Exports of gold jewellery from India fell 70 percent in July due to non-availability of the raw material, while silver jewellery shipments more than doubled in the same period, the Gems and Jewellery Export Promotion Council (GJEPC) said.

Gold imports set to resume after four-week halt as export rule clarified

Indian traders stopped imports on July 22 due to confusion over a rule issued by the Reserve Bank of India that was aimed at stemming the flow of gold into the country, not stopping it completely.

Gold may get costlier due to RBI measures to boost exports

Gold may get costlier after the RBI made it mandatory to export 20 percent of imports in a bid to arrest the rupee's fall and improve the current account deficit (CAD), traders and jewellers said Monday.

Govt may announce incentives for gold jewellery exporters

The government is considering incentives for gold jewellery exporters hit by restrictions imposed on import of the metal to contain current account deficit (CAD).

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.

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, jewellery exports lose glitter in July

Gems and jewellery exports declined by about 12 percent year-on-year to USD 2.8 billion in July due to weak demand in major markets like Europe.

Exporters want opening of gems, jewellery trade with Pak

With prospects of Pakistan granting MFN status to India getting brighter,the gems and jewellery exporters have started pitching for opening of trade in the sector between the two neighbours.