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The Week the Indian Gold Market Changed: A Rupee Crisis Meets a Duty Shock
Macro Snapshot: The week ending May 15 was the most consequential week of the year for the Indian gold and silver trade, not because of what happened to international prices, but because of what happened in India. Two simultaneous shocks reshaped the domestic market: a near 1.6% rupee depreciation to a fresh record low of 95.98 per dollar on Friday, and a Wednesday government decision to raise the gold and silver import duty from 6% to 15%, followed by a

The Week the Indian Gold Market Changed: A Rupee Crisis Meets a Duty Shock
Macro Snapshot: The week ending May 15 was the most consequential week of the year for the Indian gold and silver trade, not because of what happened to international prices, but because of what happened in India. Two simultaneous shocks reshaped the domestic market: a near 1.6% rupee depreciation to a fresh record low of 95.98 per dollar on Friday, and a Wednesday government decision to raise the gold and silver import duty from 6% to 15%, followed by a
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India's G&J Exports in April-August 2022 Rise by 10%
Mumbai: The Gem & jewellery sector is all set to achieve its export target of USD 46 billion for the year 2022-23. For the cumulative period of April – August 2022, the overall gross exports of gem & jewellery (G&J) witnessed a growth of 10.16% to Rs. 130440.39 crores (4.4% in dollar terms to US$ 16695.56 million) as compared to

Skill Centre for Rural Youth of Dharampur, Gujarat
Mumbai: Yet another milestone achieved by GJSCI as it inaugurated another Skill Training Centre dedicated to Skill the rural and tribal youth in Dharampur. Dharampur is a town in Valsad district of Gujarat. Alongside the increasing development in urban industries and small businesses, the employment and skill-training of rural youth too plays a crucial role in the development of India’s

NJA to be Held on 23rd Sep: Jury Round Concluded
Mumbai: All India Gem & Jewellery Domestic Council (GJC) is all set to announce the winners of the 11th edition of National Jewellery Awards (NJA) 2021-22 as it successfully concluded the jury round in Mumbai. Jury members included eminent personalities from different walks of life: Mr. Jaykumar Makhija (Fashion Designer), Ms. Vidhyaa Majumdar (Global Compliance Director – HRDAntwerp, Mr. Gautam

IIJS Signature 2023 Extended to 5-Day Show
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) announced that IIJS Signature 2023 has been extended to a five-day show format owing to the popular demand from participants and the gem & jewellery trade at large. IIJS Signature will be almost double in size compared with IIJS Signature 2022, with more than 2500 stalls and it is estimated that more than 1300 exhibitors will participate. The

India's G&J Exports in April-August 2022 Rise by 10%
Mumbai: The Gem & jewellery sector is all set to achieve its export target of USD 46 billion for the year 2022-23. For the cumulative period of April – August 2022, the overall gross exports of gem & jewellery (G&J) witnessed a growth of 10.16% to Rs. 130440.39 crores (4.4% in dollar terms to US$ 16695.56 million) as compared to

Skill Centre for Rural Youth of Dharampur, Gujarat
Mumbai: Yet another milestone achieved by GJSCI as it inaugurated another Skill Training Centre dedicated to Skill the rural and tribal youth in Dharampur. Dharampur is a town in Valsad district of Gujarat. Alongside the increasing development in urban industries and small businesses, the employment and skill-training of rural youth too plays a crucial role in the development of India’s

NJA to be Held on 23rd Sep: Jury Round Concluded
Mumbai: All India Gem & Jewellery Domestic Council (GJC) is all set to announce the winners of the 11th edition of National Jewellery Awards (NJA) 2021-22 as it successfully concluded the jury round in Mumbai. Jury members included eminent personalities from different walks of life: Mr. Jaykumar Makhija (Fashion Designer), Ms. Vidhyaa Majumdar (Global Compliance Director – HRDAntwerp, Mr. Gautam

IIJS Signature 2023 Extended to 5-Day Show
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) announced that IIJS Signature 2023 has been extended to a five-day show format owing to the popular demand from participants and the gem & jewellery trade at large. IIJS Signature will be almost double in size compared with IIJS Signature 2022, with more than 2500 stalls and it is estimated that more than 1300 exhibitors will participate. The