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.
Explore the rise of lab-grown diamonds as a sustainable and affordable alternative to mined gems, reshaping the jewelry industry.
An eternity ring typically consists of a continuous band of your preferred cut/shape of diamonds or gemstones.
"We should keep a target of USD 100 billion exports in the jewellery industry worldwide. We should work to see how it can be achieved regarding policies by the government and global players to persuade the market," he said in his speech.
Describing the Gems & jewellery sector as a strong pillar of the Indian economy, he said, “Our Gold and Diamond trade contributes about 7 per cent to our GDP and employs over 50 Lakh people. The exports already stand at $ 32 billion this year until January.”
India's gem and jewellery exports during December 2021 grew 29.49 per cent to $3,040.92 million (Rs 22,914.6 crore) as compared to $2,348.44 million
A notification in this regard will be issued by the Department of Consumer Affairs on January 15, 2020 and the decision will come into effect from after a year.
