Gems and jewellery exports drop 14 per cent

While the Commerce and Industry minister Piyush Goyal has asserted that 20 per cent growth in exports was necessary for the country to become $5 trillion economy, gems and jewellery, a major category in the export basket, continued its downward trend and declined 14 per cent in August. Chennai: While the Commerce and Industry minister Piyush … Read more Gems and jewellery exports drop 14 per cent

Govt restores duty-free replenishment facility for jewellery exporters

The jewellery export body welcomes the resumption of this facility. The government has again permitted gold and silver jewellery exporters to replenish the precious metal duty-free after selling it at international exhibitions, a move which would help in promoting the growth of the sector. This facility of duty-free replenishment of precious metals was stopped after … Read more Govt restores duty-free replenishment facility for jewellery exporters

Government restores duty-free replenishment facility for jewellery exporters

Gold jewellery declined 4.8 per cent during the period to billion. The government has again permitted gold and silver jewellery exporters to replenish the precious metal duty free after selling it at international exhibitions, a move which would help in promoting growth of the sector. This facility of duty-free replenishment of precious metals was stopped … Read more Government restores duty-free replenishment facility for jewellery exporters

Quick-thinking by owner foils heist attempt at jewellery shop in Bengaluru

A heist attempt by an armed gang at a jewellery shop in Bengaluru’s Vyalikaval was foiled due to the alertness and quick-thinking of the owner. The incident happened at Samrat Jewels, a gold jewellery shop in Bengaluru’s Vyalikaval on Wednesday afternoon, reported Bangalore Mirror. After three men armed with guns entered the shop and opened fire, Rakhi … Read more Quick-thinking by owner foils heist attempt at jewellery shop in Bengaluru