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Jobs hit as diamond industry cuts output
According to him, multiple issues are affecting the industry. Companies have been facing working capital crunch due to shortage of bank finance.
Medallion, coin exports jump over 1250 per cent
January exports of gold medallions & coins stood at Rs 1,856.04 cr Vs Rs 136.81 cr in the year-ago month.
Gold jewellery exports up 220 pc, gold bar imports leap by 302 pc
Gold imports in July surged 450 per cent to Rs 5,246.54 crore against Rs 954.07 crore in July 2017.
Bank finance to gems, jewellery sector down 10 per cent
The industry is witnessing a crisis of sorts as the banks have curtailed lending to the traders.
Prabhu to discuss credit woes of jewellery sector with bankers
The country's gems and jewellery exports contracted by 8 per cent to about USD 32.72 billion in 2017-18.
High demand to increase India's gems and jewellery export
Demand in middle east and south east Asia could see growth of USD 42 billion.
Exports of gems and jewellery up 9.5 pc in Apr-Jan
In April-January period of the previous fiscal, exports from the sector stood at USD 26.5 billion.