Wed, Aug 21, 2024
India's gem and jewellery exports saw a significant decline of 21.93% in July 2023, totaling USD 1,665.4 million, according to the Gem and Jewellery Export Promotion Council (GJEPC).
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Wed, Jul 05, 2023
GIVA Jewellery has raised Rs 200 crore from investors, including Premji Invest to expand its business.
Thu, Mar 09, 2023
In February 2023, the overall shipments of cut and polished diamond (CPD) increased 32 per cent to Rs 19,582.38 crore compared to Rs 14,841.90 crore a year ago.
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Wed, Jul 20, 2022
Though higher gold prices will compensate for the volume loss and ensure the industry's revenue remains flat compared to last year, operating margins would be impacted
Thu, Jan 13, 2022
The current COVID-19 situation in the country has once again put the traders into concern. The traders are concerned about the impact of the pandemic on their business.
Tue, Nov 16, 2021
The gem and jewellery exports witnessed a growth of 45.2 per cent during October due to strong demand from key markets, led by the US.
Tue, Sep 28, 2021
The overall gems and jewellery exports stood at Rs 13,160.24 crore in August 2020 while in August 2019 the total shipments stood at Rs 20,793.80 crore, according to GJEPC data.
Mon, Feb 19, 2018
While the Income-Tax (IT) raids on various stores of Gitanjali Gems go on, the company's Chief Financial Officer and Chief Compliance officer have resigned from their respective posts. CFO Chandrakant Karkare resigned citing wife’s health issues, according to a statement on exchanges.
Tue, Jun 06, 2017
On one side where the jewellers are cheering the move, and rating agencies are expecting uptick in demand, but with 3% tax on gold, is it really a positive move?
Thu, Mar 02, 2017
What is hard to believe in the given GDP numbers was the performance of cash-dominated sectors where analysts expected a significant slowdown post demonetisation, but has seen uptick compared to Q2FY17.
Thu, Feb 09, 2017
India Ratings and Research has projected that post-demonetisation the credit profile of large corporates with revenue of over Rs 250 crore is likely to be neutral with no significant changes in their ratings.
Tue, Nov 22, 2016
“Consumption demand may take 1-6 quarters to recover on account of demonetisation.” One quarter is a three-month period that a fiscal year is divided into. A fiscal year, hence, has four such quarters.
Wed, Jun 08, 2016
The chamber has also appealed to the government for granting industry status to the gems and jewellery sector to give a fillip to investments.
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