Diamond export trade to be impacted: GJEPC
IIJS, Asia’s leading Gem & Jewellery trade exhibition organised by GJEPC concludes providing healthy lifeline to trade at a crucial time.
Jewellers are facing challenges in availing funds from banks following the PNB fraud case in which diamond traders Nirav Modi and his uncle Mehul Choksi are allegedly involved, a top industry official said.
The two nations implemented a free trade agreement in January 2010. Under the pact, basic customs duty on gold was eliminated.
The RBI ban on Letter of Undertaking (LoU) as a trade finance instrument, will not have much impact on the gems and jewellery industry in West Bengal, but a hike in bank's credit margin may hurt the business, a GJEPC official said.
Exports growth rate has been steadily declining since November 2017 when it touched a high of 30.5 per cent.
The Commerce Ministry Confident the Fair Will Boost Gems and Jewelry Trade
Shares of Gitanjali Gems fell up to 19 per cent in morning trade after the company came under the scanner of various investigating agencies following the Punjab National Bank's declaration of nearly Rs 11,400-crore fraud.
The All India Gems & Jewellery Trade Federation (GJF) has unanimously elected Mr. Anantha Padmanaban as its Vice Chairman. Mr. Padmanaban is currently Zonal Chairman – South and he is the Managing Director of NAC Jewellers, Chennai.
Dell’s gold reclamation service has a 99% lower environmental impact than traditionally mined gold.
The Taiwan Jewellery & Gem Fair 2017, Taiwan's premier international B2B jewellery trade show, is being held from 3 to 6 November at Taipei World Trade Center.
The 2017 "Taiwan Jewellery & Gem Fair" will be held from 3-6 November at Taipei World Trade Center, Hall 1.
The museum is an attempt by a group of enthusiastic jewellers from New York and Jaipur to leave behind a legacy of their forefathers who developed the gem and jewellery trade in the Pink city.
Over 1000 trade visitors from across the country
The importers will now have to obtain a license from the Directorate General of Foreign Trade (DGFT) for importing gold and silver from South Korea.
IIFJAS in its 11th year amazed the ultimate fashion destination Mumbai, with its grandness. It was a an elaborated bonanza for fashion , jewellery and accessory designers with more than 11000+ trade buyer.
PNG Jewellers have placed special focus on their design in the last couple of years, and the efforts have been widely recognized by customers and the trade fraternity.
A three-day trade extravaganza of India's leading jewellers by UBM India in the City of Pearls.
Main accused interrogated in the case of killing of two jewellers earlier this month in Mathura.
GJF hopes that the Centre would levy only 1.25 per cent tax on the sector.
“Labham” – an educational seminar on compliance & best business practices for the gems & jewellery trade to be organized by GJF today in Mumbai.
All India Gems & Jewellery Trade Federation seeks GST of 1.25 per cent for the gems & jewellery sector
Sreedhar GV, Chairman, All India Gems & Jewellery Trade Federation (“GJF”) Statement on move to encourage jewellers to go cashless
Though export market and large diamantaires in the organised sector may not be impacted much, small and medium players, carrying out local trade and sourcing, are expected to feel the pinch of currency recall exercise, it pointed out.