Latest News, Updates & Breaking Headlines
In a bid to facilitate ease of international travel and bring about hassle-free movement, the Central Government has notified the Baggage Rules, 2026, along with the New Customs Baggage (Declaration and Processing) Regulations, 2026, and issued a consolidated Master Circular. The changes, announced by the Ministry of Finance, are designed to reduce paperwork, enhance transparency,…
LUCKNOW: Gold buys food. In eastern Uttar Pradesj, food brought gold. For a 12-year-old schoolboy, an offer of unlimited free momos was worth more than the metal locked in a family cupboard. For two roadside vendors, the boy’s craving turned into a gold mine.Police said the class 7 student handed over jewellery worth Rs 85…
India-EU FTA discussions concluded: India and the European Union have successfully concluded discussions for the India-EU Free Trade Agreement (FTA). The move is a significant step forward for India’s exports at a time when it is looking to diversify away from the US in the wake of President Donald Trump’s 50% tariffs.At the signing and…
For the Union Budget 2026-2027, India’s gems and jewellery industry is urging the government for a mix of GST cuts, customs reforms and policy changes to counter global trade headwinds and improve export competitiveness. In its pre-Budget memorandum submitted to finance minister Nirmala Sitharaman, the Gem and Jewellery Export Promotion Council (GJEPC) highlighted measures aimed…
Kuwait Gold Prices Stable Near Record Highs Amidst Market Volatility Gold prices in Kuwait remained stable at $4,595 per ounce after a week of volatility in precious metals markets, closing firmly despite recent profit-taking and fluctuations in investor sentiment. According to a report by Kuwait’s Dar Al-Sabaik, gold futures for February delivery dipped slightly but…
India’s overall gems and jewellery exports witnessed a 4.98 per cent year-on decline to $1,883.85 million (Rs 16,978.44 crore) in December 2025, as geopolitical uncertainties hit key markets, the Gem and Jewellery Export Promotion Council (GJEPC) said on Friday.The total gem and jewellery exports stood at $1,982.62 million (Rs 16,843.87 crore) in December 2024, GJEPC…
Gold is gold! The precious metal is reaching new heights everyday. Considering its worth, the jewellery made of gold is timeless, expensive, and often holds emotional values. However, with regular use, even pure gold items can lose their luster because of body oils, sweat, cosmetics, and pollution too. While professional cleaning is suggested, it is…
South Korea’s former first lady Kim Keon Hee is accused of accepting bribes worth more than $200,000 and illegally intervening in state affairs, prosecutors said on Monday as they concluded their investigation into the case. Kim, the wife of disgraced former president Yoon Suk Yeol, was arrested in August and is under investigation for alleged…
India’s exports of creative goods rose in the first seven months of FY26, driven by strong demand for fashion accessories, jewellery, carpets and toys, with the UAE emerging as the largest destination, according to an ET analysis.The exports of creative goods increased 7.3% year-on-year to $12.5 billion during April–October FY26, up from $11.7 billion in…
India’s gems and jewellery exports rose nearly 20 per cent year-on-year to $2.5 billion in November, buoyed by higher shipments of cut and polished diamonds, studded gold jewellery and silver items, according to provisional data released by the Gem and Jewellery Export Promotion Council (GJEPC), PTI reported.Exports stood at $2.1 billion in November last year….
