The 51st India Gem & Jewellery Awards, held in Jaipur, recognised the outstanding contributions of industry leaders while celebrating innovation, sustainability, and global excellence. The event reaffirmed India’s position as a global jewellery powerhouse and inspired the next generation of artisans and entrepreneurs

At IGNITE Maharashtra, chaired by Collector Thane, the GJEPC highlighted growth opportunities for the gem and jewellery sector. Mithilesh Pandey, GJEPC's Director of Membership, focused on the industry's potential, with special emphasis on the India Jewellery Park in Mahape, Navi Mumbai

Jewellers in India have started receiving more inquiries for purchase of gold or silver immediately after the Reserve Bank's announcement to withdraw Rs.2,000 notes from circulation.

Diamonds On Call is a B2B e-commerce platform where diamond buyers can source, order, and get their diamonds delivered to them in a few clicks. With a simple pay-for-value model, you only pay when you see the value in their service. Founder Harshil Shah says he wanted to build a platform for sourcing diamonds that is trustworthy with quick delivery solutions in real-time.

GJEPC organised the Summit as an initiative to promote better banking and business practices

The ATM will allow users to buy gold, which will be certified for purity and weight, in denomination of half gram coins to 100gm bars

The tenure of the bond will be eight years, with an exit option after fifth year to be exercised on the next interest payment date

The recent PMLA notifications issued to the G & J industry had the G & J industry reeling under its pressure and anxiety for sometime; Rohan Shah in conversation with Colin Shah, Chairman GJEPC comes forward to clear the air

• * eBay will enable jewellers to have access to international buyers through eBay Marketplace
• * GJEPC to launch an eCommerce Promotion and Facilitation Desk (“EPFD”) at all its 6 Regional Offices

India’s economic slowdown which began before the lockdown of 2020, eventually brought the whole economy on its knees. Therefore this budget will have to be truly ground breaking in order to resurrect the Indian economy. Here’s what industry personnel expect of the Union Budget of 2021
 

The recent PMLA notifications have been creating quite a stir in the G &J industry, with a view to bring in more clarity on these notifications GJPEC Chairman Colin Shah spoke to legal expert Rohan Shah about this matter, excerpts:

For income tax purposes, cash transactions up to a threshold of Rs 2 lakh without KYC --PAN or Aadhaar -- are allowed in the gems and jewellery sector. Any sale in cash above Rs 2 lakh requires KYC

On the 106th Birth Anniversary of PNG Jewellers' patriarch Late Shri Daji Kaka Gadgil, PNG Jewellers has launched the ‘My PNG at My Home’
 

GJEPC also requested for a clarification on 'Online Equalisation' Levy for B2B international diamond auctions