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Wednesday, August 13, 2025
TopicGems and jewellery trade

Topic: Gems and jewellery trade

1 year of India-UAE economic pact: High growth for gems & auto exports but iron & steel products see decline

According to commerce ministry data, exports to UAE have grown at faster pace than total exports since Comprehensive Economic Partnership Agreement (CEPA) came into force on 1 May, 2022.

Inaction in gem & jewellery sector costs tax dept losses worth Rs 38,449 cr, says CAG report

The group, operating in the Gems and Jewellery sector, has indulged in the malpractice of mis-invoicing and over-invoicing. It allegedly controls 20 entities based out of Hong Kong and UAE.

On Camera

Asim Munir wants to be guardian of the Middle East. He’s fated to fail at home

Countering insurgency needs the Pakistan Army to demonstrate a political will that ties leaders at the centre with those in the borderlands. But it may not have the imagination.

Slashing GST on waste can unlock Rs 1.8 lakh crore, high tax hurting circular economy goals—CSE

Centre for Science and Environment in new report makes case for rationalising GST on waste material, saying most informal operators can’t afford high tax & it also hinders recycling.

India, US troops to undertake joint military exercise next month, first after Op Sindoor

21st edition of annual joint military exercise will be held from 1 to 16 September, aimed at sharing military tech, operational best practices & disaster relief coordination methods.

Modi’s ready to risk it all for farmers. Farm reform can answer Trump with new Green Revolution

Standing up to America is usually not a personal risk for a leader in India. Any suggestions of foreign pressure unites India behind who they see as leading them in that fight.