Gem

Indian companies may access $122 billion UK procurement market, including NHS

Gem, jewellery exports decline 12.9% to $1,986 mn in Nov: GJEPC

Cut and polished diamonds export in November declined 39.81 per cent to USD 666.01 million compared to USD 1,106.53 million for the same period last year.

Procurement through GeM crosses Rs 1.24 lakh cr in Q1; platform to become world's largest in FY24-25

The portal provides a wide range of products from office stationery to vehicles. Automobiles, computers and office furniture are some of the major product categories

At 11.4 GW, India's coal proposals hit record high since 2016: Global Energy Monitor

Along with the government’s pledge to double coal production within the next four years, these developments make it clear that, despite recent progress toward increasing India’s renewable energy capacity, the country has no intentions of phasing coal down or out, the report stated.

Procurement through govt's online marketplace GeM crosses Rs 4 lakh crore so far this fiscal

The portal provides a wide range of products from office stationery to vehicles. Automobiles, computers and office furniture are some of the major product categories

Discovery Series: Intellect Design Arena, a long-term growth play

A rise in the platform business and deal wins put Intellect in a sweet spot to grow revenue at a double-digit rate and achieve margins, like global players which enjoy over 30 percent operating margins.

Gem and jewellery exports could drop to a 5-year low in FY24

However, green shoots of recovery have been sighted in January 2024, presaging rosier days ahead for the industry.

Gem & jewellery sector body seeks duty cuts on gold, cut and polished diamonds

Gem and Jewellery Export Promotion Council (GJEPC) urges government to lower import duty on gold and diamonds for global competitiveness

Procurement from GeM portal crosses Rs 2 lakh crore so far this fiscal

The government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments.

India's shift to green power may cost 73,800 jobs at Coal India by 2050: GEM report

If plans were implemented to phase down coal to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit), only 250,000 miners - less than 10 percent of the current workforce - would be required worldwide, the GEM report stated.

Uber integration with Government E-Marketplace complete 

Here, Uber would provide the service at a fixed price with zero cancellation charges and no surge pricing, as per officials.

Gem, jewellery exports decline 23.7% to Rs 21,501.96 crore in March; marginally up in FY23

The total gem and jewellery exports during 2021-22 stood at Rs 2,93,193.19 crores (USD 39,331.71 million), the Gem and Jewellery Export Promotion Council (GJEPC) said in a statement.

Public procurement via GeM portal to cross Rs 2 lakh crore in FY23

The procurement crossed Rs 1.5 lakh crore on February 1.

India Stack will evolve to include artificial intelligence layer: Rajeev Chandrasekhar

Many countries around the world are interested to adopt India's digital public architecture, says Union minister

Gem, jewellery exports decline 15% to Rs 25,844 crore in October: GJEPC

India's robust gem and jewellery export performance in the first 6 months of 2022-23 helped maintain growth for the period April-October, despite a sharp dip in exports last month

Govt-registered startups have created 7.5 lakh jobs till now, DPIIT data shows

Earlier this year, the DPIIT had begun a plan to enable the creation of 20 lakh new jobs in the sector by officially registering 50,000 new startups over the next four years.

Cabinet approves inclusion of cooperatives in govt e-marketplace portal

With this inclusion, apart from government departments, cooperatives can also procure through the GeM portal, reported CNBC-TV18.

Exclusive| Govt's first foray into e-retail through 'Bharat Craft' portal shelved for now

Bharat Craft, a project drawn up by the MSME ministry back in 2019, was envisaged as a platform for rural and tribal businesses to showcase their products online. But after a series of challenges, work on the portal has been put on the back burner.

Commerce Minister Piyush Goyal cautions against collusion on Govt e-Marketplace GeM

The minister asked for bringing more transparency to the system. He said that operations should be audited regularly to ensure that all technical and financial aspects of GeM stay strong all the time.

GeM to roll out mobile app to facilitate MSME sellers get instant loans

The number of MSEs registered on the GeM platform has increased by over 62 percent since the last FY (2019-20). In FY2016-17, 3000 MSMEs were registered on GeM.

Public procurement from GeM portal crosses Rs 1 lakh crore: CEO Talleen Kumar

The Government e-Market (GeM) portal was launched on August 9, 2016, for online purchases of goods and services by all the central government ministries and departments.

Government e-Marketplace eyes orders worth Rs 1  lakh crore  in FY22

Orders on the GeM increased to Rs 37,000 crore in FY21, from Rs 23,000 crore in FY20

Got crystals? Gem mining could be your full-time job

Mine owners aren’t the only ones with bright prospects. Some entrepreneurs are finding ways to carve out new careers in gemstones, too.

Government's e-commerce portal directs sellers to specify product's country of origin

A Make in India filter has also been enabled on the portal. With this, buyers can choose to buy only those products that meet the minimum 50 percent local content criteria

Govt clocks Rs 40,000cr in public procurement transactions through GeM portal

Stressing that the focus of public procurement system is on economy, rigour, fairness and transparency, he said the efficiency of procurement makes a big difference to the fiscal discipline of government.