Gems And Jewellery

The Rs 20,000-crore Credit Guarantee Scheme will ease access to bank finance for exporters but may not offer any relief for existing NPAs.

PM Modi meets exporters; discusses ways to increase India's competitiveness in global trade

Representatives from sectors, including apparel, leather, gems and jewellery, handicrafts, engineering, and seafood participated in the meeting

Trump tariffs dented India’s labour-intensive exports in September, but marine shipment defied odds

Unsurprisingly, exports of electronic goods, unaffected by Trump’s steeper tariffs, grew a massive 50.5 percent on-year to $3.1 billion last month, nearly double the growth registered in August.

Trump’s tariff hike threatens India’s $11 bn gems & jewellery exports

In FY 2023-2024, India exported gems and jewellery worth $32.85 billion globally, with the US accounting for $9.95 billion or 30.28%. In calendar year 2024, India accounted for $11.58 billion or 12.99% of America’s total gem and jewellery imports worth $89.12 billion.

Trump's tariff to hurt these sectors most-exposed to US; may shave off up to 50bps of growth

Market experts said the IT sector, along with gems and jewellery sector could be staring at a negative impact, given the heavy reliance on US demand. EMS may not get as badly affected owing to concessions for manufacturing in India. Even though Trump’s tariff threat was getting digested by the market in phases, the near 50 percent tariff rate is no good for the short term, analysts agreed.

India mulls over easing tariffs on gems & jewellery, garments via trade pact with US

On February 13, India and US agreed on a new goal for bilateral trade – "Mission 500” – aiming to more than double total bilateral trade to $500 billion by 2030. The two sides also announced plans to negotiate a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall of 2025.

How to layer jewellery pieces, a fashionable way to amp up your outfit

Layering jewellery lets you mix and match different pieces to create a look that’s uniquely yours. You can pair delicate pieces for a soft, elegant style or go bold with statement pieces for a more dramatic effect. Here’s how you can dress up for the festive season and add sparkle and glamour to your outfits.

Jazz up your festive outfits with these jewellery choices, from gold nosepins to silver anklets, more 

This festive season, don’t just light up your home; light up your look with carefully selected jewelry pieces that are perfect for both traditional and modern outfits. Celebrate the festivals with these jewelry items that reflect the joy and beauty of the season.

India’s trade with the UAE is nearing $100 billion

India’s trade with the UAE has risen faster after the signing of CEPA but 65 percent is still oil and jewellery-dependent

Evil eye jewellery isn’t just about protection, here’s how to wear it in 5 different ways

Trendy evil eye jewellery: The trend of evil eye jewelry is more than just a passing fad. It’s a blend of age-old beliefs with modern design. Here are 5 different ways you can wear them.

Curated capsule collection: 8 expert-recommended jewellery pieces for timeless style

Essential jewelry pieces: If you struggle to choose jewelry that's versatile and timeless, we've got you covered with 8 pieces that fit the bill perfectly. From solitaire earrings to tennis bracelets, these essentials will elevate your style for any occasion.

Current growth in exports will continue if more FTAs are signed: GJEPC chairman Colin Shah

The removal of a 5 percent duty on plain and studded gold jewellery from India as part of the recent free trade agreement with the UAE is expected to increase exports by $5 billion.

Gem & Jewellery exporters bank on India International Jewellery Show 2022 to sustain post-Covid growth

Considered to be the largest such show in India, and the third largest in Asia, IIJS 2022 is the 38th edition of the show and is expected to have more than 40,000 visitors. Previous year's show did $6.75 billion worth of business.

India-UAE trade deal| First major trade pact under Modi govt set to boost jewellery, apparel exports

The ‘early harvest’ deal includes tariff reduction and market access for more exports, and will be followed by a comprehensive free trade agreement later. Announced in September 2021, negotiations on the deal were completed in record time.

Want key points on hallmarking on BIS website, in FAQs: Gem and Jewellery Council writes to Piyush Goyal

The GJC in its statement noted the BIS website and FAQs fail to capture many key points on hallmarking, which were discussed during a meeting on June 15

Gems, jewellery exports dip 7.8% to $2.7 billion in January: GJEPC

Export of cut and polished diamonds (CPD) contracted 23.43 percent to $12.5 billion during April-January this fiscal.

Jewellers expect dull business in FY21 amid COVID-19, geopolitical tension

Jewellers are keeping their finger crossed for the upcoming festive season in the wake of the coronavirus outbreak, Swarna Shilpa Bachao Committee secretary Bablu Dey said.

Bankers want jewellery industry to become more transparent

The current liquidity crisis in the gems and jewellery industry and bank's non-performing assets have coincided affecting the lenders giving loans to the industry, Handa said.

Gems, jewellery exports decline 0.75% in April-August

According to the Gems and Jewellery Export Promotion Council (GJEPC) data, exports stood at USD 13.28 billion in April-August period of 2017-18.

Gems and jewellery industry asks bankers not to reduce credit limits

The Gems and Jewellery Export Promotion Council (GJEPC) said it will release this paper in Mumbai on May 11 at a banking summit.

Gems and jewellery exports dip by 8.67% in FY18

The exports stood at Rs 2,89,207.47 crore in 2016-17, according to data by the Gem and Jewellery Export Promotion Council (GJEPC) of India.

PNB scam fallout: Jewellery apex body likely to cancel memberships of Nirav Modi, Mehul Choksi

A showcause notice has been issued to the duo.

How PSBs fail to learn a lesson from the likes of Modi, Mallya and Mehta

This Nirav Modi-chase last week was a déjà vu, except for different names and faces such as Vijay Mallya and Jatin Mehta. Also, barring one, rest of the defaulters hail from gems and jewellery sector

Gems & jewellery Q1 exports rise 4%

In the April-June quarter of last financial year, the sector's exports aggregated to USD 8.84 billion, according to the data from Gems and Jewellery Export Promotion Council (GJEPC).

Gems & jewellery exports rise 11% during April-May

In April-May last year, the sector's exports aggregated to USD 6.1 billion, according to the data from Gems and Jewellery Export Promotion Council (GJEPC).