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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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

Read More »

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IIJS Premiere to Help Achieve G&J Export Target

New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC) in association with World Gold Council (WGC), organised the IIJS Premiere 2021 roadshow at New Delhi. It witnessed the  participation of leading jewellery Retailers , Manufacturers  and trade associations from Delhi and neighbouring areas. IIJS Premiere 2021, one of Asia’s leading Gem & Jewellery trade exhibitions, will be held at

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E-commerce Policy for G&J Sector at Advanced Stage

Mumbai: Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Govt. of India met Export Promotion Councils (EPCs), Commodity Boards and Authorities recently in Mumbai to discuss measures to enhance and increase exports. Union Minister set a target of USD 1 Trillion for Merchandise Exports and announced Policy Measures to Boost Exports. Mr.

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Design Gallery at IIJS Premiere 2021

Mumbai: One of the major highlights of the IIJS Premiere 2021 is the Design Gallery, a dedicated pavilion conceptualised by GJEPC to promote Budding Designers, Women Entrepreneurs, and Design Schools. This Design Gallery was first introduced during the IIJS 2019, and it witnessed an enthusiasticparticipation from deserving candidates who gained instant exposure for their innovativejewellery designs. Women Entrepreneurs and Budding

Read More »

Rajesh Exports Registers Healthy Growth

Bengaluru: (Report by Evaluate Research): Rajesh Exports has reported a healthy growth in revenue and net profit, ahead of our expectations, on a YoY basis, despite a global economic slowdown, indicating that business performance is surely recovering. Net profit for the fiscal first quarter [ended June] came in at Rs.2,784 mn, up 67% on a YoY basis. A double-digit growth in

Read More »

IIJS Premiere to Help Achieve G&J Export Target

New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC) in association with World Gold Council (WGC), organised the IIJS Premiere 2021 roadshow at New Delhi. It witnessed the  participation of leading jewellery Retailers , Manufacturers  and trade associations from Delhi and neighbouring areas. IIJS Premiere 2021, one of Asia’s leading Gem & Jewellery trade exhibitions, will be held at

Read More »

E-commerce Policy for G&J Sector at Advanced Stage

Mumbai: Mr. Piyush Goyal, Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Govt. of India met Export Promotion Councils (EPCs), Commodity Boards and Authorities recently in Mumbai to discuss measures to enhance and increase exports. Union Minister set a target of USD 1 Trillion for Merchandise Exports and announced Policy Measures to Boost Exports. Mr.

Read More »

Design Gallery at IIJS Premiere 2021

Mumbai: One of the major highlights of the IIJS Premiere 2021 is the Design Gallery, a dedicated pavilion conceptualised by GJEPC to promote Budding Designers, Women Entrepreneurs, and Design Schools. This Design Gallery was first introduced during the IIJS 2019, and it witnessed an enthusiasticparticipation from deserving candidates who gained instant exposure for their innovativejewellery designs. Women Entrepreneurs and Budding

Read More »

Rajesh Exports Registers Healthy Growth

Bengaluru: (Report by Evaluate Research): Rajesh Exports has reported a healthy growth in revenue and net profit, ahead of our expectations, on a YoY basis, despite a global economic slowdown, indicating that business performance is surely recovering. Net profit for the fiscal first quarter [ended June] came in at Rs.2,784 mn, up 67% on a YoY basis. A double-digit growth in

Read More »

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