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OCTOBER 2024 GEM AND JEWELLERY EXPORT GROWTH
Titan Q1 update: Business grows 41% as jewellery, watches sales gain paceTitan's consumer sector experienced a remarkable forty-one percent surge in the first quarter, driven by robust festival demand that signif...- Senco Gold shares soar 6% as Q1 business update highlights 60% revenue growthSenco Gold shares saw a significant jump following a strong Q1 FY27 business update. The jewellery retailer reported a robust 60% year-on-y...
- Finance Ministry notifies rules for determination of origin of goods under India-UK trade pactIndia's Finance Ministry has notified rules for determining the origin of goods under the India-UK CETA, effective July 15, 2026. This agre...
- Senco Gold Ltd opens 8 new stores in Q1, targets 12-15 additional outlets this fiscal yearSenco Gold has significantly expanded its retail presence, adding eight new showrooms in the first quarter of FY27, bringing its total to 2...
- US, West Asia drag India's pharma exports growthIndian pharmaceutical exports to the US, its largest market, saw a dip in early fiscal months, alongside a slight decline in shipments to W...
- Assam tea industry seeks Green Leaf Cess relief, hails ATISIS supportThe Tea Association of India lauded the Assam government's incentive scheme for boosting Orthodox tea production and exports, which saw sig...
- India aims for $1 trillion exports this fiscal year, says Piyush GoyalIndia is targeting a monumental $1 trillion in exports this fiscal year, a significant leap from last year's $863 billion. Union Minister P...
- Titan expects gold prices to stay elevated, volatile amid global tensionsTitan anticipates elevated and volatile gold prices due to global geopolitical tensions, impacting short-term jewellery demand. However, th...
- India-UK trade pact sparks rush of export orders ahead of July 15 rolloutIndian exporters are experiencing a significant surge in UK orders ahead of the July 15th India-UK CETA implementation. Anticipating tariff...
- Coloured gemstones prices rise 20% as demand surges; gold, silver prices declineColoured gemstone jewellery is seeing a surge in popularity, with prices rising 20% year-on-year as affluent consumers favour these vibrant...
- NCLAT revives insolvency proceedings against Chintamani's Jewellery Arcade on Axis Bank pleaInsolvency proceedings against Chintamani's Jewellery Arcade have been revived by the NCLAT after Axis Bank filed a restoration application...
- India corn exports set for three-year high on competitive pricingIndia's corn exports are soaring to a three-year peak, driven by record production and competitive pricing. Lower domestic prices, coupled ...
- US de-lists four Indian companies from Russia-linked sanctionsIn a significant development, the United States has removed four Indian firms from its sanctions list. These companies, previously accused ...
- Advit Jewels shares list at 37% premium over IPO price on NSE, BSEAdvit Jewels shares made a blockbuster stock market debut on Wednesday, listing at up to a 36% premium over the IPO price after the issue w...
- Madhya Pradesh siblings unearth Rs 30 lakh diamond in Panna districtSiblings Rakesh and Raju have struck gold again, unearthing an 11.19-carat diamond in Madhya Pradesh's Panna district. This marks their sec...
- India's e-commerce exports can add $10 billion in just a few years. Here's how.Indian e-commerce exports are poised for significant growth, potentially adding USD 10 billion in the next 2-3 years, according to a Direct...
- World MSME Day: Gem & jewellery sector calls for MSME-led innovations amid global uncertaintyDespite challenges like fluctuating gold prices and evolving consumer tastes, experts highlight opportunities in design-led, innovative pra...
- India, US move closer to interim trade deal after Goyal-Greer talksIndia and the United States have made significant headway in their Bilateral Trade Agreement negotiations, with both nations expressing str...
- $200 billion export opportunity for India to BRICS by 2030: ASSOCHAMIndia's exports to BRICS nations are projected to surge to USD 200 billion by 2030. This ambitious target represents a significant increase...
- Gems, jewellery exports dip 2.49% to USD 2,047.80 million in May: Trade bodyIndia's gems and jewellery exports saw a dip in May. High gold prices and supply issues impacted overall shipments. Gold jewellery exports ...
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