Budget to have sops for textile, gems and jewellery sectors

NEW DELHI: Taking a cue from the Gujarat elections, the finance ministry is planning to dole our special package for the textile and gems & jewellery sectors in the upcoming Budget. Despite badly hit by the GST, people in the state decided to vote for the economic agenda of the Bharatiya Janata Party government. “There … Read more Budget to have sops for textile, gems and jewellery sectors

India’s gems and jewellery exports decline in FY18

Surat: The apex body of India’s gems and jewellery sector has predicted that the exports are likely to remain flat in this financial year due to weak demand in the overseas market and the Goods and Service Tax (GST) implementation in India. In the recently published trade data for FY18, the Gems and Jewellery Export … Read more India’s gems and jewellery exports decline in FY18

Gems and jewellery exports down 7% in H1 of FY18 due to GST, gold policy

There has been a sharp decline in orders from Japan and Europe this year for India’s gems and jewellery. Data compiled by the Gems and Jewellery Export Promotion Council (GJEPC) says G&J net export declined 7.4 per cent to $16.8 billion in April-September, the first six months of this financial year, from $18.2 bn in the comparable period … Read more Gems and jewellery exports down 7% in H1 of FY18 due to GST, gold policy

Gems and jewellery exports down 7% in H1 of FY18 due to GST, gold policy

There has been a sharp decline in orders from Japan and Europe this year for India’s gems and jewellery. Data compiled by the Gems and Jewellery Export Promotion Council (GJEPC) says G&J net export declined 7.4 per cent to $16.8 billion in April-September, the first six months of this financial year, from $18.2 bn in the comparable period … Read more Gems and jewellery exports down 7% in H1 of FY18 due to GST, gold policy