Sunday, August 03, 2025 | 04:47 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Optimism soars in jewellery industry with pro business Modi as PM

Current Time 0:00
/
Duration Time 0:00
Progress: NaN%

Optimism soars in jewellery industry with pro business Modi as PM

Jaipur, May 23 (ANI): The Indian Gems and Jewellery industry which had openly supported the Bharatiya Janata Party (BJP) and Prime Minister-designate Narendra Modi, is hopeful that his assuming charge will restore the slumping industry. Gold prices on Thursday had tumbled to their 10-month low below the key Rs 28,000 per 10 gram mark after the RBI eased curbs on import of the yellow metal. For the last few years, the world famous Gems and Jewellery market of Rajasthan has been facing low sales of gold jewellery due to the heavy duty levied on gold import and high metal prices. Last year, India imposed restrictions on gold imports, the second biggest import after oil, following a steep rise in the country's current account deficit. Jeweller, Tahir Naqvi and entrepreneur, SS Naqvi said that they are looking forward to the Modi- led new government to bring in new policies for the jewellery industry.

Other Videos

Explore News Home