Jewellery exports fall 4.74% in November: GJEPC
In November 2018, the overall gems & jewellery exports stood at Rs 19,039.10 crore, according to data given by the Gems & Jewellery Export Promotion Council (GJEPC). Overall exports declined by 4.85 percent to Rs 1,76,540.39 crore between April and November 2019 from Rs 1,85,543.57 crore a year ago.
From January 2021, jewellers across India can only sell hallmarked gold items. But are retailers and buyers ready?
A great change is coming t...
Hallmarking to be mandatory for gold jewellery from 2021: Paswan
The department of consumer affairs will issue a notification by January 15, ...
Hallmarking to be mandatory for gold jewellery from 2021: Ram Vilas Paswan
Union Minister of Consumer Affairs, Food and Public Distribution Ram Vilas Paswan on November 29 announced that hallmarking will be mandator...
Fine jewellery redefined: Show yourself some love with Irasva's new line of ornaments
The new range of everyday fine jewellery helps create personalised and timeless memories.
Hallmarking move may change gold market dynamics
The non hallmarked jewellery is largely sold in small cities and rural areas where consumers are not fully aware of hallmarking and its benefits.
Will work with gems, jewellery industry on import duty demand: Piyush Goyal
"I think it is important that we have a dialogue and I am also working to support the industry request on the duty structure of gold, other precious stones and diamonds, so that we can bring back a lot more business which is possibly gone out of the country and bring that back to India," he said here.
Skagen brings ‘Hygge-inspired’ fashion jewellery line; launches simple, minimalist designs for millennials
Skagen feels that India is ready to look at fashion jewellery in a new light.
Govt raises duty drawback rates for gold, silver jewellery exports
The drawback rates have been raised to Rs 372.9 per gram for gold jewellery from Rs 272 per gram, according to a notification of the finance ministry. Similarly, for silver jewellery, it has been raised to Rs 4,332.2 per kilogram, from Rs 3,254. "This notification shall come into effect from November 16, 2019," the notification has said.
Singer Iggy Azalea and rapper boyfriend Playboi Carti report burglary; say jewellery worth $366,000 stolen
Kelly was alone in the basement of her rented Atlanta home when she heard footsteps in the second-floor dining room.
The grand heist: Thieves steal 'priceless' 18th century jewels from Dresden museum
German officials said the jewels would be impossible to sell in the open market.
LVMH is close to buying Tiffany in a $16.7 bn deal, ending jewellery-maker's 182-year history as a stand-alone brand
The transaction would be the largest-ever in the luxury sector.
Jewellery exports dip 5.49% in October to Rs 24,583 crore: GJEPC
The exports stood at Rs 26,010.87 crore in October 2018, according to data given by the Gems and Jewellery Export Promotion Council. The decline in exports is mainly due to a decline in demand in the main export markets following the US-China trade war, protests in Hong Kong and the implementation of VAT in the Middle East, GJEPC added.
Nirav Modi's diamond swindle is hurting India’s economy in grip of slowdown
India’s gems industry employs almost 5 million workers and contributes about 7% of the GDP.
How a tough Indian market is making De Beers change its policy
De Beers, once-inflexible diamond company, allows traders to return rough stones, cuts prices.
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