Browsing: Indian exports

India & UK Ink ‘Gem of a Partnership’ as FTA Paves Way for $7 Billion Gem & Jewellery Trade Boom

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Hon’ble Prime Minister Shri Narendra Modi and UK Prime Minister Sir Keir Starmer signed the landmark India-UK Free Trade Agreement (FTA) today 24th July 2025 at Chequers, the official country residence of the British Prime Minister. Mr. Kirit Bhansali, Chairman, Gem & Jewellery Export Promotion Council (GJEPC), was present at the ceremony as part of a special 20-member business delegation led by Hon’ble PM to UK

Trump Pauses Tariffs for 90 Days, Then Slaps China with 125% Duties: India Stands to Gain as Global Markets Soar, Gold Jumps 3.7%

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U.S. President Donald Trump announced a 90-day pause on tariffs for non-retaliating countries like India, with a reduced 10% rate, while simultaneously raising tariffs on Chinese imports to 125%. Global markets surged in response, with the Dow, Nasdaq, and S&P 500 posting major gains. Gold prices rose 3.7% globally, and India, as a non-retaliating nation, stands to benefit both strategically and economically.