Page 2 - Jewellery Export
Jewellery exports dip 5.4% in Oct over trade war, Hong Kong protests
The exports stood at Rs 26,010.87 crore in October 2018, according to data given by the Gems and Jewellery Export Promotion Council (GJEPC)
 "Jewellery exports dip 5.4% in Oct over trade war, Hong Kong protests")
India hopes to tap $1-billion of jewellery export opportunity to US
US buyers are looking at India favourable as India already exports $10 billion worth jewellery there
 "India hopes to tap $1-billion of jewellery export opportunity to US")
Jewellers return to unorganised sector, hurt by high taxes on imported gold
Jewellers see better business sense in the grey market
 "Jewellers return to unorganised sector, hurt by high taxes on imported gold")
Soon, govt may re-introduce credit insurance scheme for jewellery exporters
Since the $2-billion Punjab National Bank scam was discovered last year, the entire gems and jewellery sector has faced a massive liquidity crunch, as banks have put it on a negative list
Jewellery exporters may be covered under credit insurance benefit
P N Prasad, deputy managing director of SBI, said that ECG insurance would be re-started in a month
 "Jewellery exporters may be covered under credit insurance benefit")
Huge relief for exporters as govt exempts exhibition jewellery from 3% IGST
About 25% of the country's annual gems and jewellery exports which come back unsold would benefit from this IGST exemption
 "Huge relief for exporters as govt exempts exhibition jewellery from 3% IGST")
Gems, jewellery exports decline 0.75% to $13.18 billion in April-August
According to industry experts, exporters are optimistic that with the festive season on the anvil, things would start improving
 "Gems, jewellery exports decline 0.75% to $13.18 billion in April-August")
