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GEM AND JEWELLERY EXPORTS
Illegal gold imports surge in India: Smuggled gold selling up to Rs 8,000 cheaper is distorting bullion market & hurting legitimate dealersSmuggled gold is distorting India's bullion market, impacting legitimate dealers and jewelers. Higher import duties have made the grey mark...
Thru the optimism prism: GDP’s 7.8% print offers some hope for those willing to see itIndia's economy grew by 7.8% in the first quarter of fiscal year 2027. This growth was fueled by a consumption spurt and government capital...
New FTAs open big export gains across key sectorsThe introduction of eight free trade agreements heralds a new era of duty-free market access, particularly benefiting the electronics, agri...
Belgian PM De Wever pitches lower, zero tariffs to boost India-EU tradeBelgian Prime Minister Bart De Wever urged further cuts in import duties between India and the EU. He specifically highlighted the diamond ...
India wants tariff edge before signing final US trade deal: Piyush GoyalIndia awaits US tariff advantage for trade deal finalization. The agreement was announced on February 3, 2026, reducing US tariffs on India...
Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA NageswaranIndia's domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and food ...
India, Gulf bloc discuss next steps on free trade agreementIndia and the Gulf Cooperation Council reviewed free trade agreement negotiations in Riyadh. Discussions focused on strengthening bilateral...
DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding yearsThe government has relaxed export house status eligibility criteria for exporters. Exporters now qualify with performance in any two of thr...
Red Sea blockade threat: Why India’s trade faces a wider supply-chain shockA prolonged disruption could force ships to reroute around the Cape of Good Hope, raising logistics costs while squeezing exporters and add...
India aiming for $100 billion gems and jewellery exports by 2040: Commerce SecretaryIndia has set an ambitious target of reaching USD 100 billion in gems and jewellery exports by 2040. Achieving this goal hinges on innovati...
India’s July exports hit record $44.2 billion despite West Asia crisisIndia's goods exports grew significantly in July, driven by engineering and electronics sectors. Imports also increased, leading to a wider...
India’s gem and jewellery exports rise 0.38% to $2.35 billion in JulyIndia’s gem and jewellery exports remained nearly flat in July 2026, rising 0.38% year-on-year in dollar terms to $2.35 billion, while rupe...
India sets sail to add more trade muscle as it signs PTA terms with SACUIndia and the Southern African Customs Union signed terms to start trade negotiations. This move revives talks after previous rounds stalle...
India, South Africa-led SACU group may ink terms of reference for negotiating trade pact on Aug 12India and the SACU group will sign terms of reference for trade talks. Negotiations for a preferential trade agreement are expected to begi...
India’s new 15-year tax break could unlock global rough diamond tradeIndia is closer to becoming a global rough diamond hub. A new tax exemption will attract foreign companies to trade rough diamonds. This me...
Government invites applications for 30 products' import quota under India-Oman trade pactUnder the CEPA, India has granted quota-based tariff concessions to certain Omani goods such as dates, marble, copper weld wire, aluminium ...
India's gem and jewellery exports rise 26.5% in June, shining at $2.21 billionIndia's gem and jewellery exports saw a significant rebound in June, increasing by 26.5 percent. Lower international gold prices and improv...