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GEM TRADE MYANMAR
Myanmar unearthed massive 4.2-pound ruby considered more valuable than the country’s largest-ever gemstoneMyanmar ruby discovery: Myanmar has found a massive 11,000-carat ruby in the Mogok region. This gem is considered exceptionally rare and va...- Riding the trade windsDeep within Tamil Nadu's storied landscape, the Nattukottai Chettiars carved a niche as influential financiers during the age of British co...
- West Asia conflict may spike dal prices; rice exports to Iran at riskWest Asia conflict disrupts trade routes, potentially increasing prices for Indian consumers on staples like dal. While rice prices might d...
- Budget 2024: GJEPC suggests safe harbour for sale of rough diamonds in Special Notified ZonesUnion Budget: The Gem & Jewellery Export Promotion Council (GJEPC) has suggested the introduction of a Safe Harbour Rule for the sale of ro...
- Immense scope for investment, trade between India and Vietnam: AmbassadorThe trade between the two nations has seen a steady growth pattern with $15 billion in total trade. Here, India's share of exports is about...
- Diamond industry associations ask members to temporarily stop import of rough diamondsThe gems and jewellery industry in India has urged its members to stop importing rough diamonds for two months starting from October 15. Th...
- GJEPC’s international jewellery show expects to generate business of Rs 60,000 croreThe sector has been facing a dent in the midst of global headwinds, and anticipates a decline of 10-15% in exports this financial year.
- Gems, jewellery exports likely to improve in second half of FY24, says GJPEC"Global geopolitical situation affected exports last fiscal. We are expecting the exports to improve in the second half of this year follow...
- Jade and rubies: how Myanmar's military amassed its fortuneThrough two highly secretive military-controlled behemoths -- Myanmar Economic Holdings Limited (MEHL) and the Myanmar Economic Corporation...
- PM Narendra Modi announces Rs 1,000-crore 'Startup India Seed Fund'India, the Prime Minister said, is home to the world's third largest startup ecosystem which has helped several budding entrepreneurs to co...
- Gold smuggling on the rise as high prices boost appeal in IndiaGold in India touched a record high of 39,885 rupees ($563) per 10 grams in early September.
- Young, rich Indians have started a gem of a trend as demand for rubies, sapphires growDemand for precious stones in jewellery is growing with urban buyers willing to pay top price for them.
- India, US talk restoration of GSP, withdrawal of tariffsIndia is in talks with the US to resolve bilateral trade differences, including restoration of GSP.
- GSP withdrawal by US may moderately hit gem and jewellery exports: CrisilThe withdrawal of GSP will affect exporters of gems & jewellery the most because 15% of such exports availed of its benefits in 2018.
- Fieo writes to RBI, FinMin for reintroduction of LoUsThe Fieo, promoted by the Commerce Ministry and industry, has written to Reserve Bank Governor Urjit Patel and finance ministry seeking rei...
- Indian exports to ASEAN to touch $280 billion in 10 years: Standard CharteredIndian exports to the 10-nation ASEAN bloc is expected to reach $ 280 billion in the next 10 years, says a Standard Chartered research repo...
- FTA with Thailand: India committed to ending talks by year-endGovt said it is committed to concluding negotiatons with Thailand for comprehensive free trade pact, a step which will help in doubling bil...
- Myanmar auctions gems, jade despite boycott callsMyanmar’s military government sold 600 lots of gems and jade at a recent auction, state media said Sunday, earning much-needed foreign inco...
- ASEAN, EU agree to speed up trade dealASEAN and the European Union agreed Thursday to expedite negotiations for a free trade agreement, saying relations should not be held hosta...
- Asian trade a lifeline for Myanmar's generalsWhile the United States has hit the generals ruling Myanmar with fresh sanctions, the junta can confidently look to their Asian neighbours ...
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