Mar 01, 2015 at 13:31 | Source: Moneycontrol.com
The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, has expressed a satisfaction with the measures announced by Finance Minster Arun Jaitly in his maiden budget.
Feb 28, 2015 at 18:42 | Source: Reuters
Gold premiums in top consumer India could jump to as much as USD 5 an ounce over world prices next week, from being almost at par, after Finance Minister Arun Jaitley surprised jewellers by maintaining import duty at a record level in Saturday's budget.
Feb 28, 2015 at 10:19 | Source: Moneycontrol.com
Gold stocks will remain in focus on Saturday as the industry expects cut in import duty in Union Budget 2015-16. Tribhovandas Bhimji Zaveri, Titan Company, PC Jeweller and Gitanjali Gems rallied 1-4 percent on hopes of 2-5 percent cut in import duty compared to 10 percent currently.
Feb 27, 2015 at 20:49 | Source: PTI
Gems and jewelry exports contribute about 15 percent to the country's total outbound shipments.
Feb 26, 2015 at 13:39 | Source: PTI
The industry has sought reduction in customs duty on gold to two percent, from 10 percent now. The gems and jewellery sector, which employs about 35 lakh people, would get a boost from the move. Gold imports in December declined sharply to 39 tonnes, from 152 tonnes in November.
Feb 25, 2015 at 18:08 | Source: Moneycontrol.com
Jewellers may be happy if the government cuts import duty on gold in Union Budget 2015. Any cut in import duty (currently at 10 percent) is likely to boost gold volume, reduce prices and minimise smuggling.
Feb 20, 2015 at 10:24 | Source: Moneycontrol.com
Lypsa Gems & Jewellery has bagged an export order worth Rs 320 millions for the supply of polished diamonds from its UAE based customers. The said order will be executed over a time span of 12 months.
Feb 19, 2015 at 10:00 | Source: Moneycontrol.com
The RBI in a notification also said banks are permitted to import gold on consignment basis. Domestic sales will be, however, permitted against upfront payment only.
Feb 14, 2015 at 13:38 | Source: Moneycontrol.com
Gitanjali Gems has reported a consolidated total income from operations of Rs 3,449.71 crore and a net profit of Rs 96.02 crore for the quarter ended Dec '14
Feb 13, 2015 at 08:43 | Source: CNBC-TV18
Here are top 10 stocks to focus on February 13 - Eicher Motor, Zee Entertainment, BHEL, Coal India, Cipla, Lanco Infra, Tata Communications, Gitanjali Gems, Mangalore Chemicals & Fertilisers and Pipavav.