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Gem and Jewellery Export Promotion Council

India’s gem, jewellery exports decline 23.7% to Rs 21,501.96 cr in March; marginally up in FY23

The overall exports of gems and jewellery declined by 23.75% to Rs 21,501.96 crores ($2,612.65 million) in March 2023 compared to Rs 28,198.36 crores ($3,699.90 million) in the same month last yearMumbai: India's overall gem and jewellery exports grew...

Jewellers laud rural focus rue, no reduction in import duty

Welcoming the Budget, the gems and jewellery industry said positive focus on the rural economy and estimated growth of GDP to 7.2-7.5 per cent will boost demand.According to a PTI report: However, they were disappointed that there was no...

GJEPC expects Fin Min to reduce import duty on gold to 5 pc in Budget

To curb grey market and boost the organised players, the Gem and Jewellery Export Promotion Council (GJEPC) is expecting Finance Minister Arun Jaitley to reduce the import duty on gold to around 5 per cent in the upcoming Union...
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RBI permits UPI transactions via prepaid payment instruments using third-party apps

A PPI issuer, in its capacity as a payment system provider, should not oonboardcustomers of any bank or any...
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