Maharashtra exempts gems, jewellery manufacturing activities from Covid-19 emergency measures: GJEPC


The Gem and Jewellery Export Promotion Council (GJEPC) said the Maharashtra government has allowed export operations to resume with restrictions in number of people working in the manufacturing units during the ongoing night curfew and weekend lockdowns to curtail the coronavirus spread. In a virtual meeting with the gems and jewellery manufacturers and exporters on […]

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Maharashtra jewellers ask Chief Minister to allow them to avail of festivals in April despite lockdown


The national body of the gems and jewellery industry All India Gem and Jewellery Domestic Council (GJC) has written to the Chief Minister of Maharashtra Uddhav Thackeray to allow jewellers to operate on the festive days in the month of April and the upcoming wedding season despite the lockdown. There are several auspicious occasions such as Gudi […]

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Gems and jewellery exporters seek sops in India’s new foreign trade policy


Gems and Jewllery exporters have urged the government to provide support measures in the next foreign trade policy (FTP), 2020-2025, being formulated by the commerce ministry, to boost the country’s outbound shipments. Different suggestions were made by representatives of different export promotion councils during their meeting with the commerce ministry. Gems and Jewellery Export Promotion Council (GJEPC) […]

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Silver price will outshine gold as demand hits 8-year high in 2021: Silver Institute


Global demand for silver will rise to 1.025 billion ounces in 2021, its highest in eight years, as investors and industry ramp up purchases, the US-based Silver Institute said, predicting that prices would rise. The coronavirus outbreak triggered a rush among investors to stockpile silver, which like gold is traditionally seen as a safe place to store money. […]

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Gems, jewellery sector a thrust area for export promotion: Minister Hardeep Singh Puri


India’s gems and jewellery sector has been contributing in a big way to the country’s foreign exchange earnings and the government has viewed this sector as a thrust area for export promotion, Minister of State for Commerce and Industry Hardeep Singh Puri said. ”Therefore, the government allows 100 per cent foreign direct investment in this […]

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