The overall imports of gems and jewellery for October stood at Rs 12,489.33 crore, showing a decline of 14.65 per cent as compared to Rs 14,496.03 crore for the same period last year.
Gold and silver jewellery of Kali idol was stolen from a temple after the pujas that ended wee hours of Friday at a village in Ausgram, East Burdwan.
There has been another jewellery store robbery, in the city outskirts this time. The incident took place in Budge Budge police station area of South 24-Parganas.
Sonu Gupta, the bullet-ridden injured mastermind of the Raniganj gold jewellery showroom heist was arrested by local police from Jharkhand and has been admitted at Burdwan Medical College Hospital.
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"The passengers came in three flights and were intercepted by the team of DRI officers at the airport," the official said.
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The Gem and Jewellery Export Promotion Council (GJEPC), the industry body, expects the trade agreement to boost bilateral gem and jewellery trade from USD 1.3 billion at present to USD 2 billion annually. Key commodities exported to Australia are plain gold jewellery, studded jewellery, and cut and polished diamonds. The main commodities imported from Australia are precious metals -- gold and silver bars.
Online jewellery sales in India have seen rapid growth over the past few years, largely driven by demand from millennials amid growing internet penetration, World Gold Council said. Most online sales, it said, are driven by consumers aged between 18 and 45 and while online jewellery purchases have risen, the average ticket size has, however, remained between 5 and 10 grams.
The woman filed a police report in Virugambakkam, and the man was interrogated, confessing to the crime.
