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

GST to benefit lower, lower-middle income class: Asian Development Bank

NEW DELHI: The goods and services tax in India will benefit the lower and lower-middle income class as it is likely to reduce the tax rate on goods, a blog posted on Asian Development Bank’s website said. It will mitigate significantly the negative impact of goods and services tax (GST) on the “bottom half” of … Read more GST to benefit lower, lower-middle income class: Asian Development Bank

Fashion twirls with GST design

The Indian fashion industry that has been constantly evolving and growing with the touch of tradition and modernity in all its crease and seams may be set to roll out new twist and twirls soon, as few more days are left for GST implementation. The textile sector, the backbone on which the fashion industry lies strongly, … Read more Fashion twirls with GST design

Immigrants Triumph at the Oscars of American Fashion

This year, it’s been even harder to separate fashion from politics,” said the comedian Seth Meyers, modeling an ankle-baring Thom Browne tuxedo without socks, as he pointed out, Monday night. Mr. Meyers was not starting his late-night monologue, but introducing the annual Council of Fashion Designers of America Awards at the Hammerstein Ballroom in New … Read more Immigrants Triumph at the Oscars of American Fashion