apparel export promotion council

India's jewellery exports saw a significant drop in April. Geopolitical tensions in West Asia and market uncertainty impacted sales. Exports of cut and polished diamonds, lab-grown diamonds, and gold jewellery declined. However, silver jewellery exports experienced a substantial surge. This trend reflects global economic and political influences on the sector.

Select Segments Post Growth Despite Overall Slowdown

The agreement was signed between Union commerce and industry minister Piyush Goyal and New Zealand’s minister for trade and investment Todd McClay.

Tech giant Tencent is investing over Rs 100 million in India's Orange Economy, focusing on the AVGC sector. Through multi-year partnerships with SEPC and GDAI, Tencent will support talent development, startup growth, and ecosystem building. This initiative aims to train millions of professionals and position India as a global hub for gaming and interactive entertainment.

Gems & Jewellery Artisans, Traders, Small Retailers, Machinery Manufacturers Among Those Likely To Be Hit

Improved Infrastructure, GST Changes Shift Trade From Mumbai

India has moved silver imports to a "restricted" category, requiring government approval, to prevent traders from exploiting a duty gap created by a recent 15% import tax hike. This move aims to curb arbitrage opportunities through the India-UAE free trade agreement, protect foreign exchange reserves, and control precious metal inflows, while exempting export-oriented industries.

India's export strategy is showing strong results in FY26, with new markets and products driving growth. Ships, telecom instruments, and marine products are leading the charge, alongside a surge in handloom and agricultural exports. This diversification signals a move towards high-value manufacturing and technology, with Asia and Latin America showing significant demand.

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Government employees lack a vested right to promotion under old rules, even if vacancies arose earlier, the Supreme Court ruled. The apex court stated that governments can change recruitment policies and selection methods, provided they are not arbitrary. Employees only have the right to be considered, not guaranteed promotion, when rules are updated.