With silver prices soaring to unprecedented levels, a severe scarcity has emerged, directly affecting India’s silver jewellery exports. The Gem & Jewellery Export Promotion Council is convening with exporters and retailers to brainstorm solutions. Compounding this issue, global demand coupled with stricter US import regulations is leading to reduced supplies.
The rupee at record low will end India’s cheap-money era
Elevated energy import costs have pushed the Indian rupee to a record low, prompting urgent questions about Reserve Bank of India rate hikes. Despite a
May 1, 2026