Even as several migrant workers have left Gujarat’s Surat city due to the COVID-19 surge and anticipation of a lockdown, people associated with the diamond industry...
Nearly two months after a UK court allowed the Indian government’s request seeking extradition of diamond merchant Nirav Modi, the UK Home Secretary has ratified the...
There are people who get confused between carat and karat. The ‘C’ and ‘K’ are defining factors. Many don’t understand the difference between 18k jewellery and...
MUMBAI: The magic, splendor and grandeur of India can be felt in it’s festivals. Every region in India follows different culture and celebrates the New Years...
In the small town of Koduvalli in Kerala’s Kozhikode district, every third or fourth shop can be found selling jewellery. But footfall is visibly low in...
A new business intelligence report released by HTF MI with title “Global Gems and Jewelry Market Report 2020 by Key Players, Types, Applications, Countries, Market Size,...
In these constantly changing times, if there is one thing that remained constant for couples it is the love that they share. They managed to be...
AstaGuru’s upcoming Heirloom jewellery auction in May 2021 is all about timeless elegance that has been passed on for generations. Here is an exclusive peek into...
NEW DELHI: The government on Tuesday said it is fully prepared to implement mandatory hallmarking of gold jewellery and artefacts from June 1, 2021. Gold hallmarking...
MUMBAI: Maharashtra State Chief Minister Uddhav Thackeray again this year allowed gems and jewellery export operations to resume with restrictions in number of people working in...
Following one’s father into business is a well-trodden path but one the pursuer does not always welcome. In fact, rebellion at an early stage seems par...
In India, wedding rituals and jewellery are closely connected and go together. Tanishq, India’s most trusted and loved jewellery brand has unveiled a new brand proposition...
The weekend lockdown and restrictions imposed in Maharashtra to curb rising Covid cases will impact jewellery sales on Gudi Padwa, the New Year for Maharashtrians and...
VK Kamath Committee recommendations for OTR of Gems and Jewellery sector detrimental for Gold (Metal) Loan borrowers observes India’s Apex association for bullion and jewellery Mumbai,...
MILAN, ITALY: MARCH 23, 2021— CIBJO, the World Jewellery Confederation, has announced the appointment of Jonathan Kendall as the association’s Executive Vice President. His nomination was...
The decline in gold imports has helped in narrowing the country’s trade deficit to USD 84.62 billion during the 11-month of the current fiscal, as against...
Ahmedabad: Dwindling gold jewellery exports have dented the business of several small-scale jewellery manufacturing units in Gujarat, as their order volumes declined. According to gems and...
The coronavirus pandemic and the disruption in the supply chain dimmed the glitter of the world’s largest diamond cutting and polishing centre in Surat. However, Christmas...
The gems and jewellery industry in India are one of the largest in the world, contributing 20 percent to global jewellery consumption. The jewellery industry has...
The recent announcement of the Central Board of Indirect Taxes and Customs, allowing export of jewellery using courier services, is all set to give a fillip...
New Delhi, Gems and jewellery exporters have been permitted to send their goods across the globe to their buyers using the convenience of cost effective and reliable courier services. The...
Mumbai: After successful and accomplished IIJS Virtual and several Virtual Buyers-Seller Meets, which offered a much-needed opportunity for buyers and exhibitors to connect and transact business...
The suggestions of gems and jewellery industry related to duties and taxes are under consideration of the Finance Ministry, Commerce and Industry Minister Piyush Goyal said on Thursday.Gems...
With rapid thrust in the digitisation of the sector, the CII brought in delegates and industry leaders to connect with the government in its discussion over...
The Central Board of Indirect Taxes and Customs (CBIC) issued the clarification on the export of Gems and Jewellery via Courier. The CBIC has received various...
For an industry that is huge and an important player in the country’s Gross Domestic Product (GDP), there is not enough being done to promote it....
Mumbai, October 28, 2020: With an aspiration to increase the Indian gems and jewellery exports to $70Bn in the next five years by 2025, the Gem...
A more than a century old global conglomerate was bestowed upon with Industry Innovation of the year – Technology and Outstanding Enterprise of the Year –...
The Gem and Jewellery Export Promotion Council of India (GJEPC) in a statement said that it has also proposed for amendment in taxation provisions to allow...
Chennai: Year-on-year growth in exports of gems and jewellery dropped by 27% to $2.4 billion and 25% in Rupee terms, in September. Form April-September, the overall...
AHMEDABAD: The imposition of 0.075% tax collection at source (TCS) from October 1, has left jewellers and gold traders staring at severe working capital crunch, amid an already slowed business. According to...
In the backdrop of the upcoming virtual India International Jewellery Show (IIJS), Colin Shah, Chairman, GJEPC, shares his expectations from the event with Samit Bhatta of...
The Directorate General of Foreign Trade (DGFT) , Government of India, issued a notification dated 28th September permitting the amendment of technical nature, typographical errors or...
30th September 2020: Mr. Manoj Kumar Jha and Mrs. Poonam Jha of Kamakhya Jewels were honoured with the prestigious and most coveted Economic Times – ET...
Gem & Jewellery Export Promotion Council, the apex body of gem & jewellery trade in India, in its endeavour to boost exports from India , is...
21st September, 2020, Mumbai: GJEPC kickstarted its first Plain Gold Jewellery Virtual Buyer Seller Meet (VBSM) on 21st September, which follows closely on the heels of...
Traditionally, workers in Surat get a fortnight to a month-long holiday for Diwali, said industry executives. Nearly 650,000 workers in Surat, the world’s largest diamond cutting and...
Gems and jewellery exports showed signs of recovery in August, rising 29.18 per cent to Rs 13,160.24 crore ($1,764.06 million) in August compared with the previous...
According to data provided by the Gem & Jewellery Export Council (GJEPC), exports in this segment touched $1.7 billion in August. It was higher than the...
The steadfast diligence and entrepreneurial spirit of Surat diamond manufacturers shines through even in the times of the pandemic. Mumbai 10th Sept. 2020: Surat, the world’s...
Colin Shah, Chairman, Gems & Jewellery Export Promotion Council, asserts that while MSMEs in the sector are benefiting from the redefinition and Aatma Nirbhar Bharat Scheme,...
India’s diamond exporters are growing wary of the Chinese market owing to the rising tension between the two countries over the border issue and the move...
The two-day meet will have Virtual Reality , real life experience for buyers and sellers of diamond trade. Mumbai, September 3, 2020: The Gem and Jewellery Export Promotion...
GJEPC representation meets Finance Minister to raise concerns about Equalisation Levy (EL) on diamond trade Mumbai, 27 August 2020: Smt. Nirmala Sitharaman, Hon’ble Minister of Finance,...
By Suneeta Kaul In a significant move, US President Donald Trump recently ended the preferential economic treaty signed with Hong Kong, thus bringing to a close...
KGK Group, a global conglomerate operating in all verticals of gems and jewellery sector, announces its expansion in Thailand in the jewellery manufacturing segment. Spread across...
“We will discuss lowering the e-invoice threshold for the gold and jewellery trade at our next meeting,” Thomas Isaac, Kerala FM who is part of the...
Imports of the yellow metal stood at $13.16 billion (about Rs 91,440 crore) in the corresponding period of 2019-20. New Delhi: India’s gold imports, which have a...
JNA Awards, one of the most prestigious award programmes in the international jewellery and gemstone industry organized by Informa markets since 2012, recently hosted its first...
During the time of the global pandemic, Sanjay Kothari, Chairman, GJSCI led Gem and Jewellery National Relief Foundation (GJNRF) on the behalf of the gems and...
In view of the coronavirus pandemic, the government on Monday announced the extension of a deadline for mandatory hallmarking of gold jewellery and artefacts by over...
Surat: While the global coronavirus pandemic has prevented the diamantaires from visiting Dubai, Antwerp and Botswana to purchase rough diamonds to keep their units operational, industry...
US President Donald Trump has signed an order to end preferential economic treatment for Hong Kong, after China enacted a new security law there. Hong Kong...
Gold prices on Monday jumped to Rs 48,948 from Rs 48,888 per 10 gram, while silver prices edged marginally lower to trade at Rs 51,740 from...
As face masks have been made mandatory across the country after the coronavirus outbreak, a jewellery shop in Surat came up with an idea of selling...
Can you give us some insights on consumer sentiment? Consumer sentiment is far better for this category. In bigger cities— Mumbai, Delhi, Chennai and Kolkata —...
The stand-off between India and China has brought to the fore a shrill cry to reduce India’s trade dependency with its more prosperous Asian neighbour, but...
A depreciating rupee is set to improve India’s competitiveness in the world market and thus help boost exports of agricultural products, textiles and gems and jewellery, experts say. The rupee has depreciated...
The Gem and Jewellery Export Promotion Council (GJEPC), apex body for gems and jewellery trade in India, under the aegis of Ministry of Commerce, Government of...
The extended lockdown and the global pandemic has taken sheen out of the diamond industry. The export of polished diamonds between April and May fell by...
The consistent fall in bank credit to the gem and jewellery industry may exert further pressure and delay the recovery of the sector which is already...
Bhuvan Goel, a first-generation jeweller and owner of SKA Diamonds in New Delhi, always wanted to do something on his own. Although his father runs an...
India is a uniquely diverse nation where people of all kinds ‘rich, poor, educated, uneducated, theist, atheists’ everyone lives in harmony and come crisis, this peculiarity...
Retail Jeweller Market speaks to a cross-section of jewellers to get an overview of the impact of the lockdown on the industry at present and post...
The import of the yellow metal stood at USD 3.97 billion in April 2019, according to the commerce ministry’s data. India’s gold imports contracted for the...
Under the scheme, the government would provide subsidy for any technological upgrade of the sector to help it foray into high-value added products besides reducing cost...
Mumbai, May 17 (PTI) Gems and jewellery exports in March declined 38.81 per cent to Rs 13,744.60 crore compared due to weak demand in importing countries...
Thousands of gems and jewellery exporters in Mumbai took a breath of relief, as the government of Maharashtra today in a landmark decision, allowed designated export...
Gems and Jewellery exporters have urged the government to grant them permission to start factories in the Santacruz Electronic Export Processing Zone (SEEPZ) and to set up...
Banks’ outstanding loans to the gems and jewellery sector declined 16.8% in February 2020 after growing 2.6% a year ago With the epicentre of the Covid-19...
With Akshaya Tritiya just around the corner, jewellers are trying to lure customers through various innovative offers to keep the business tide through difficult times amid...
New Delhi | Kolkata: The country’s labour-intensive export sectors such as leather, textiles, gems and jewellery, carpets and handicrafts have borne the brunt of the Covid-19 pandemic...
Can you differentiate between a test-tube baby and a normally-conceived baby?” Pratik Patade, a salesman at Fiona Diamonds in Mumbai’s Bandra, asks his three customers. “No,”...
SURAT: For the first time in many years, pre-Christmas sales at speciality jewellery stores in the United States slipped 5% year on year in the first...
Today, Gems and Jewellery National Relief Foundation (GJNRF) and Bharat Diamond Bourse (BDB) donated 2 vans to Roti Bank, one of Mumbai’s largest non-profit organisation which bridges the gap between hunger...
The Gemological Institute of America is geared up to launch Diamond Origin Report in Indian Market. Launched in June 2019 at JCK Las Vegas show, the GIA...
In a major relief for jewellery exporters, the government has exempted gems and jewellery shipped for display in overseas exhibitions and trade shows, from three per...
Shyam Sundar Co Jewellers announced Ushoshi Sengupta as the face of ‘Adi-kriti’ – their brand of high-fashion gold jewellery, at an event in a premier city...
The Indian diamond industry has a historical background. The industry upholds the Indian ecosystem and further, contributes to incrementing exports. Primarily, the Gem and Jewellery sector...
The brand in order to capitalize on the festive season is offering deals available across all Tanishq stores in West...
In addition to the new campaigns, Lightbox has introduced two new jewellery collections: “Reminiscence” and “City Lights” Mumbai: Lightbox, the...
The puja-themed video comprises all the quintessential elements of the festival and highlights four distinct jewellery styles portrayed by each...
The brand’s social media page prominently showcases a variety of reels and shots from the music video, capturing the essence...
The Gold Jewellery Mela campaign, like in its previous editions, attracted primarily bridal jewellery consumers, with about 70% of the...
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