New Delhi, April 16 (IANS) India’s external position showed resilience in March 2026 as the goods trade deficit fell to $21 billion due to a sharp fall in precious‑metal imports and a rebound in exports, a report said on Thursday.Meanwhile, a robust services sector surplus continued to offset the higher goods deficit, the report from Emkay Global Financial Services noted.India’s total imports fell about 6 per cent month‑on‑month to $59.6 billion, and total exports rose 6 per cent to $38.9 …
Latest Gems and Jewellery News & Updates
New Delhi, March 26 (IANS) Strong domestic consumption and rising investments are expected to help India maintain GDP growth above 7 per cent in the next financial year 2026–27, a report said on Thursday.The data compiled by Assocham noted that India’s GDP is expected to grow by 7.6 per cent in the financial year 2025-26, with growth likely to stay above 7 per cent in FY27 as well.This steady performance comes even as global economic conditions remain uncertain due to geopolitical tensions, …
New Delhi, Feb 24 (IANS) The negotiations for the proposed free trade agreement between India and the Gulf Cooperation Council (GCC) were formally launched here on Tuesday with the signing of a joint statement by Commerce and Industry Minister Piyush Goyal and GCC Secretary General Jasem Mohamed Al-Budaiwi.”Amidst global uncertainties, it is most opportune that discussions are starting on negotiating a robust trading arrangement which would harness mutual synergies and complementarities,” Goyal …
Gandhinagar, Feb 6 (IANS) The Free Trade Agreement (FTA) concluded between India and the European Union is expected to significantly expand export opportunities for Gujarat, particularly its southern region, by providing wide-ranging duty-free and preferential access to one of the world’s largest import markets. The agreement marks a major step in India’s efforts to deepen its global trade engagement while strengthening export-led industrial growth across key sectors.India’s exports to the…
Mumbai, Feb 3 (IANS) India’s agreement with the United States to cut reciprocal tariffs is set to make a range of products — from tech hardware to select agricultural imports — cheaper in the country.Tech hardware and components, including laptops, gadgets and consumer electronics, may become more competitively priced, while processed foods, packaged goods and household appliances could also benefit from lower import expenses, according to reports.Agricultural products such as pulses, dairy …
New Delhi, Feb 3 (IANS) The Federation of Indian Export Organisations (FIEO) on Tuesday hailed finalisation of the India-US trade deal, under which the United States has agreed to reduce tariffs on all ‘made in india’ products to 18 per cent, saying it marks a significant milestone in further boosting and strengthening bilateral trade relations between the two countries.Sectors such as engineering goods, textiles and apparel, pharmaceuticals, chemicals, leather products, gems and jewellery, and …
New Delhi, Jan 28 (IANS) The India–European Union Free Trade Agreement signed under the leadership of Prime Minister Narendra Modi marks a major milestone for India’s gems and jewellery export sector and is expected to significantly strengthen the industry’s presence in European markets, an industry leader said on Wednesday.Speaking to IANS, ACPL Exports SEZ Director Rohit Gupta said the agreement will give Indian gems and jewellery exporters greater confidence and competitiveness in Europ…
Mumbai, Jan 14 (IANS) Chief Minister Devendra Fadnavis said that Maharashtra has secured the top rank in NITI Aayog’s Export Preparedness Index (EPI) 2024, surpassing Tamil Nadu and Gujarat. From policy to performance, the state is setting the pace for India’s growth story.In a post on X, the Chief Minister said: “Export Ready, Future Ready: Maharashtra Takes the Lead! Extremely proud to share that Maharashtra has secured the 1st rank in NITI Aayog’s Export Preparedness Index (EPI) 2024,…