GJC Opens Mumbai Office, Submits Gold Monetization Scheme Roadmap
The All India Gem & Jewellery Domestic Council inaugurated its Mumbai office on May 14 while urging industry support for revised gold duty measures and proposing a structured Gold Monetization Scheme roadmap.
Jewellery Industry Backs Gold Conservation Push Amid Duty Hike Concerns
As India raises gold import duty to 15%, leading jewellery players and trade bodies support gold conservation measures while warning of liquidity pressure, export challenges and rising risks to MSMEs.
Gautam Adani Calls for Innovation and Sustainability in India’s Gems and Jewellery Industry
At the India Gem & Jewellery Awards in Jaipur, Gautam Adani, chairman of the Adani Group, urged the Indian gems and jewellery industry to embrace innovation, sustainability, and technological advancements to maintain global competitiveness
GJC’s Gems and Jewellery Banking Summit Advocates for Enhanced Financing Support
All India Gem & Jewellery Domestic Council (GJC) hosted an inaugural one-day Gems and Jewellery Banking Summit at the Jio World Convention Centre in Mumbai
Augmont Gold for All unveils the ‘Bharat and Beyond - Limited Edition Coin’
This exclusive coin celebrates the rich heritage and future aspirations of India, combining exquisite craftsmanship with premium quality. Perfect for collectors and investors alike, the limited edition coin is a testament to Augmont's commitment to excellence and innovation in the precious metals industry
Platinum Guild International Announces Organizational Changes
Beloved industry veteran Huw Daniel to retire, new CEO named
All India Gem & Jewellery Council Seeks Customs Duty Reduction in Pre-Budget Recommendations
The All India Gem & Jewellery Domestic Council advocates for a reduction in customs duties, presenting crucial pre-budget recommendations
Gold price may hit Rs 70000 amid dip in global economy
The yellow metal price is hovering at Rs 63,060 per 10 grams on the commodity stock exchange MCX and around $2,058 an ounce in the international market at a time the rupee is trading above 83 against the dollar
Budget 2023: What Jewellers Want?
Finance Minister Nirmala Sitharaman will present the budget on the Parliament on February 1, 2023. With the approaching central elections, popular consensus on this year’s budget is that it would be growth-oriented, with a focus on infrastructure, inflation, manufacturing and rural economy
WGC: India Ranks Fourth in Global Gold Recycling with Refining Capacity of 1800 Tonnes as of 2021
The World Gold Council today launched a report titled ‘Gold Refining And Recycling’
PNG Jewellers announces ‘More Gold, More Happiness’ campaign
During this campaign, customers will enjoy free additional gold on their purchases of gold and diamond jewellery
GJC seeks reduction of GST on jewellery to 1.25% from 3%
GJC has also urged the Finance Minister to raise the PAN card limit from Rs 2 lakh to Rs 5 lakh, citing that many households in rural India do not hold PAN
Proposed Retaliatory Tariffs By The US May Affect Jewellery Sector
According to Colin Shah, Chairman GJEPC with global demand rising, exports to the US, Hong Kong and the UAE have displayed gradual growth. In India, key sectors like gold and diamond will show significant rise as the pandemic comes under control
Jewellers Can Now Repay Part Of Gold Loan In Physical Gold
The RBI on June 23 has asked banks to provide an option to jewellery exporters and domestic manufacturers of gold jewellery to repay a part of Gold (Metal) Loans (GML) in physical gold
Exemption of AIDC on Gold/Silver Bars and Dore to Boost Jewellery Exports: GJEPC
The Finance Ministry has issued a notification dated 17th February 2021, of the amendments made to the finance bill 2021 with regards to the Agriculture Infrastructure and Development Cess (AIDC) exemption on gold/Silver bars and dore for exporters
