Economic Survey flags gems and jewellery impact on trade, inflation and credit
India’s Economic Survey FY25–26 outlines how the gems and jewellery sector shaped exports, gold imports, inflation and lending, highlighting diversification gains and rising macro pressures for policymakers and industry.
World Gold Council: Festive Season Expected to Boost India's Gold Demand Despite Record-High Prices
As the festive season approaches, the Indian gold market is showing promising signs of recovery, despite facing challenges from record-high prices and recent fluctuations in demand
India Seeks to Reevaluate India-UAE Trade Pact Amid Concerns Over Precious Metal Imports
The Indian government is pushing for revisions to the India-UAE Free Trade Agreement, following recommendations from the Global Trade Research Initiative (GTRI) to withdraw duty concessions on precious metals and jewellery
RBI's Gold Reserves Surge by 27.46 Metric Tonnes in FY24
The Reserve Bank of India (RBI) witnessed a notable expansion in its gold reserves during the fiscal year 2024, with an increase of 27.46 metric tonnes reported by the end of March
India gold demand up 15%, says World Gold Council
Indian jewellery demand consumed a 15 per cent higher - 124 t of gold jewellery due to RBI’s remonetisation buoying consumer sentiment.
1st ever India-China Seller Meet held at Jaipur
A Meet to explore new opportunities and establish direct links amongst Indian and China.
51st Bangkok Gems and Jewelry Fair was lackluster
The fair culminated today but was not able to garner a good response. Decrease in number of visitors, cutback in jewellery buying from Indian buyers and close proximity of dates of Mumbai Signature and Hong Kong Show dampened the spirits.
Suashish Diamonds saw net sales rise more than double in Q3
The company's net profits amounted to $3.7 million
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