India’s exports of Gems and Jewellery shot up by a whopping 71% during the first three quarters of the current Financial Year, April-December 2021(Provisional) over the...
All India Gem & Jewellery Domestic Council (GJC), the apex body of gems and jewellery industry, has sought to reduce the GST rate on jewellery to...
CHENNAI: In the wake of a chorus against the Hindu Religious and Charitable Endowments (HR&CE) department’s action to melt temple gold into bars and deposit them...
Chennai: Tamil Nadu Chief Minister MK Stalin has launched a scheme to melt gold received from devotees as offerings in temples into 24-carat gold bars. The...
The RBI on Wednesday asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (Metal)...
The mix of partial and complete lockdowns in different states led to limitations on workforce capacities and related manufacturing activities.
The journey for Senco Gold & Diamonds started more than 80 years ago, in Dhaka (formerly part of India), and later shifted to Kolkata after the...
The Gem and Jewellery Export Promotion Council (GJEPC) on Thursday welcomed the government’s move to exempt the Agriculture Infrastructure and Development Cess (AIDC) on gold and...
Mumbai, 18th February 2021: The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards...
By Suneeta Kaul Last week, the Union government announced a revamped Gold Monetisation Scheme, as per which the minimum deposit amount has been reduced to just...
The Gem and Jewellery Export Promotion Council of India (GJEPC), the apex body for promotion of gems and jewellery exports, hails Government of India for the...
On August 7, gold touched a price of $2,074/ounce in international markets and Rs 56,254/10 gm. The geopolitical uncertainty between the US and China means an...
GJEPC Chairman is seeing “multiple reasons to be optimistic about the holiday season ahead” In an interview with Rough & Polished, Colin Shah, Chairman of The...
Ease of Business, e-commerce, Amendments in Gold Monetisation Scheme, Priority Status for G&J sector, MyKYCBank platform mandatory for G&J entities, Increasing Bank Credit exposure to G&J...
State Bank of India (SBI) has mobilised 13,212 kg of household and institutional gold through the Gold Monetisation Scheme (GMS), according to the state-owned bank’s annual...
India’s gold demand crashed 36% year-on-year in the March quarter, far underperforming a 1% rise globally, as the Covid-19 outbreak and sharp rise in prices deterred...
India imports most of its gold. The country saw demand for the yellow metal falter in the second half of 2019. Local and international prices rose,...
The central government has recently announced to make gold hallmarking mandatory in the country by 15th January 2021. During the press conference, the Union consumer affairs...
The Gold Amnesty Scheme seems to be the government’s another attempt at detecting and curbing the generation of black money. Experts are saying that since demonetisation...
The much-awaited new gold policy of the government will be out in 15-20 days, a senior finance ministry official said on Thursday. The creation of a...
Mumbai: The Reserve Bank of India’s direction to all lenders to promote and publicise the Gold Monetisation Scheme (GMS) from their branches underscores the intent of...
The proposed increase in gold import duty in the Union budget from 10 per cent to 12.5 per cent will “negatively impact” the yellow metal industry...
KOLKATA: The gem and jewellery industry Monday approached the government for a reduction in customs duty on gold in the Union Budget for fiscal 2019-20, to be tabled...
India’s dream of gold monetisation appears far-fetched even after three years of its introduction, with a meagre 15 tonnes, a fraction of the 25,000 tonnes of...
The two physical asset classes of real estate and gold have for long been considered safe havens by Indian investors, and are usually a very large...