Thursday, 13 Aug 2020 07:23 PM MYT
MUMBAI, Aug 13 — India’s gems and jewellery exports fell 38 per cent in July from a year ago to US$1.36 billion as shipments of cut and polished diamonds plunged because of the novel coronavirus, a trade organisation said today. India’s cut and polished diamond exports in July fell 39 per cent from a year ago to US$918.4 million, the Gems and Jewellery Export Promotion Council said in a statement.
Thousands of workers employed in polishing diamonds went back to their homes after the government imposed a nationwide lockdown to curb the coronavirus in late March and many of them had yet to return, said Colin Shah, chairman of GJEPC.Falling exports of cut and polished diamonds prompted polishing units to cut imports of rough diamond, which during April to July fell 82 per cent from a year ago to US$712.6 million, the trade body said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US consumer prices accelerate in July; inflation remains under control | Malay MailWASHINGTON, Aug 12 — US consumer prices increased more than expected in July, with a measure of underlying inflation rising by the most in 29-1/2 years as the costs of goods and services climbed. The report from the Labor Department today probably does not mark the start of a troubling rise in...
Source: malaymail - 🏆 1. / 86 Read more »
Boeing hit with 43 737 MAX cancellations, no new orders in July | Malay MailNEW YORK, Aug 12 — Boeing yesterday reported another 43 cancelled orders for the troubled 737 MAX in July and, with global aviation in a pandemic-imposed slump, the aerospace giant failed to secure new orders for any aircraft last month. According to a monthly report, the aircraft manufacturer...
Source: malaymail - 🏆 1. / 86 Read more »
India's exports of gems, jewellery slump 38% in JulyIndustry hit with evaporation orders and shortage of manpower. FMTNews India
Source: fmtoday - 🏆 5. / 72 Read more »
Boeing hit with 43 737 MAX cancellations, no new orders in July | New Straits TimesNEW YORK: Boeing on Tuesday reported another 43 cancelled orders for the troubled 737 MAX in July and, with global aviation in a pandemic-imposed slump, the aerospace giant failed to secure new orders for any aircraft last month.
Source: NST_Online - 🏆 17. / 53 Read more »
US consumer prices accelerate in July, inflation remains under controlWASHINGTON: US consumer prices increased more than expected in July, with a measure of underlying inflation rising by the most in 29½ years as the cos...
Source: theSundaily - 🏆 25. / 51 Read more »
Nearly 10,000 have returned to M'sia since July 24, only 20 tested positive for Covid-19, says Ismail SabriKUALA LUMPUR: A total of 9,984 individuals have returned to Malaysia since July 24, including 20 who tested positive for Covid-19, says Datuk Seri Ismail Sabri Yaakob.
Source: staronline - 🏆 4. / 75 Read more »