Chetan Kumar Mehta Propels Laxmi Diamonds to the Top
PGI Expects 50% Growth Rate in India: Pallavi Sharma
Platinum is Set to Become the Metal of Choice: Sujala Martis
Should Airlines Ban Carrying Gold in Hand?
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
Top News
Ashish Pethe is Chairman, Saiyam Mehra VC of GJC
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry has appointed Mr. Ashish Pethe as Chairman and Mr. Saiyam Mehra as its Vice Chairman for a period of two years. The list of other newly elected directors of GJC has been uploaded on the company website www.gjc.org.in Mr. Ashish Pethe has been closely associated with
Indian Exporters Get Mejor Boost
Mumbai: Taking a major step to boost exports, the Government of India has decided to extend the benefit of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to all export goods with effect from 1st January, 2021. The RoDTEP scheme would refund to exporters the embedded Central, State and local duties/taxes that were so far not
IIJS Virtual Opens for Retailers to Fix Appointments
Mumbai: IIJS Virtual 2.0 has opened up for retailers to fix appointments from 2nd January 2021. Retailers can now go through product images, catalogues and videos of more than 250 participating exhibitors and fix appointments. Mr. Shailesh Sangani, Convener, National Exhibitions, GJEPC, said, “Before the show in inaugurated on the 8th of January, the visitors will have enough time to browse
Swarovski Closes down its Gemstone Business in India
Mumbai: Swarovski has closed down its gemstone business in India. The Company that celebrated its 125th anniversary recently, Swarovski has churned out crystals in every imaginable shape and form, from sparkling dolphin figurines to encrusted fountain pens to glittering mobile-phone cases. An affordable indulgence rarely costing more than a few hundred dollars, Swarovski trinkets have invaded every corner of the
Ashish Pethe is Chairman, Saiyam Mehra VC of GJC
Mumbai: The All India Gem & Jewellery Domestic Council (GJC), the national apex body of the gems and jewellery industry has appointed Mr. Ashish Pethe as Chairman and Mr. Saiyam Mehra as its Vice Chairman for a period of two years. The list of other newly elected directors of GJC has been uploaded on the company website www.gjc.org.in Mr. Ashish Pethe has been closely associated with
Indian Exporters Get Mejor Boost
Mumbai: Taking a major step to boost exports, the Government of India has decided to extend the benefit of the Scheme for Remission of Duties and Taxes on Exported Products (RoDTEP) to all export goods with effect from 1st January, 2021. The RoDTEP scheme would refund to exporters the embedded Central, State and local duties/taxes that were so far not
IIJS Virtual Opens for Retailers to Fix Appointments
Mumbai: IIJS Virtual 2.0 has opened up for retailers to fix appointments from 2nd January 2021. Retailers can now go through product images, catalogues and videos of more than 250 participating exhibitors and fix appointments. Mr. Shailesh Sangani, Convener, National Exhibitions, GJEPC, said, “Before the show in inaugurated on the 8th of January, the visitors will have enough time to browse
Swarovski Closes down its Gemstone Business in India
Mumbai: Swarovski has closed down its gemstone business in India. The Company that celebrated its 125th anniversary recently, Swarovski has churned out crystals in every imaginable shape and form, from sparkling dolphin figurines to encrusted fountain pens to glittering mobile-phone cases. An affordable indulgence rarely costing more than a few hundred dollars, Swarovski trinkets have invaded every corner of the
