News

Jan 21, 2020

GJEPC’s Pre-Budget Proposals Include Reduction in Import Duties, Amendments to Tax Laws, Nod to Job Work

Reduction in the import duties on diamonds and precious metals, changes in some applicable taxation laws, permission for job work, revision in e-commerce norms, etc., these are some of the key pre-Budget proposals that The Gem & Jewellery Export Promotion Council (GJEPC) has put forward to the government.

Jan 21, 2020

Rio Tinto Announces Reduced Diamonds Guidance for 2020 as Argyle Nears Closure

Rio Tinto released its operational figures for the fourth quarter of 2019 and announced that its diamonds guidance for 2020 at between 12-14 million carats would be significantly lower than the 17 mn cts produced in 2019.

Jan 21, 2020

Holiday Season 2019 Sales Increase by 4.1% Y-o-Y in the US Says NRF

The National Retail Federation of the USA releasing the data for the 2019 Holiday Season retail sales, said that this year they had touched US$730.2 billion; marking a growth of 4.1% over the same period in 2018.

Jan 21, 2020

Hari Krishna Exports Organises 5th Edition of the Kisna Diamond Marathon

Hari Krishna Exports Pvt Ltd., one of India’s leading manufacturers of cut and polished diamonds, hosted the Kisna Diamond Marathon late December 2019 at BKC, Bandra (E).

Jan 20, 2020

VicenzaOro January 2020 Hosts Panel Discussion on Future of Diamonds; GJEPC Chairman Among Panellists

The January 2020 edition of VicenzaOro had a grand opening on January 17, 2020 with a number of dignitaries including GJEPC Chairman Pramod Kumar Agrawal participating in the inaugural ribbon cutting ceremony, followed by two panel discussions related to the future of the industry.

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