National News
GJEPC Showcases Export Growth Strategies and Membership Benefits at Maharashtra’s District Investment Summit
At the 2025 Summit hosted by the Directorate of Industries, GJEPC emphasized its key initiatives to boost exports, support MSMEs, and empower jewellery manufacturers across districts.
The Gem & Jewellery Export Promotion Council (GJEPC) actively participated in the District Investment Summit 2025, organized by the Directorate of Industries (MMR, Mumbai), Government of Maharashtra, on 16th April in Mumbai, under the theme “Attracting Investment, Promoting Growth, Empowering Districts.”
Representing GJEPC, Mr. Mithilesh Pandey, Director – Membership, presented the Council’s wide array of initiatives and services designed to empower gem and jewellery businesses, particularly MSMEs and regional manufacturers.
Mr. Pandey highlighted the core benefits of GJEPC membership, including participation in prestigious platforms like IIJS (India International Jewellery Show) and IJEX (India Jewellery Exposition Centre), along with export facilitation tools such as courier and hand-carry modes, India Post’s Dak Niryat Kendras, and e-commerce tie-ups with platforms like eBay.
He also outlined GJEPC’s efforts to make logistics more affordable through subsidised services, and detailed how members can leverage free trade agreements like CEPA (with UAE) and ECTA (with Australia) to access global markets more competitively.
In addition, Mr. Pandey spoke about business development programs such as buyer-seller meets, the IC Scheme, and Capacity Building Scheme, as well as financial support options like collateral-free loans under the India Jewellery Park Mumbai (IJPM). He further emphasized the comprehensive infrastructure solutions available to jewellery manufacturers, designed to streamline operations and enhance productivity.
The session underlined GJEPC’s commitment to supporting regional growth, empowering entrepreneurs, and making India a global leader in gem and jewellery exports.
National News
MCX Gold and Silver Decline Sticky Inflation Fears
There Was Profit-Booking Following Recent Highs Fueled Speculation Around Central Bank Monetary Tightening.
Gold and silver prices dropped by up to 1% on the MCX as sticky inflation fears, volatile energy prices, and profit-booking following recent highs fueled speculation around central bank monetary tightening.
Inflation & Rate Hike Speculation: Despite July US CPI moderating to 3.4% YoY and PPI remaining flat, inflation remains well above the Fed’s 2% target. Markets are currently pricing in a ~1-in-3 chance of a September rate hike.
Energy & Geopolitical Volatility: Ongoing Middle East conflicts—amplified by US naval blockades of Iranian ports—have pushed oil prices above $87/bbl, creating energy-driven inflation risks.
Mixed Economic Signals: Weak US payrolls (dropping 23,000 in July vs. +80,000 expected) initially supported rate-freeze bets, but upcoming PCE data (due August 26) keeps traders cautious.
Profit-Taking: Technical profit booking emerged after gold breached its 100-day moving average.
-
National News3 hours agoMCX Gold and Silver Decline Sticky Inflation Fears
-
ShowBuzz3 minutes agoSydney Jewellery Fair Puts Education, Technology and Business Growth In The Spotlight
-
DiamondBuzz2 hours agoLucara Sells 2,488-Carat Motswedi,The World’s Second-Largest Diamond
-
International News2 hours agoSabyasachi, The Metropolitan Museum Of Art Partnered For A Multi-Year Collaboration

