India Extends Mandatory Hallmarking to Include 9-Carat Gold
In a major consumer protection move, the Indian government has extended its hallmarking mandate to cover 9-karat gold jewellery, effective July 2025. Previously, hallmarking requirements only applied to gold pieces of 14K, 18K, and 22K standard.
RBI’s Tougher Gold Loan Rules May Push Borrowers Away from Banks, Back to Informal Lenders
The Reserve Bank of India’s recently updated rules on gold-backed lending have sparked concern among policymakers and financial experts, who warn that the new requirements could inadvertently cut off access to credit for millions of informal and rural borrowers.
GJEPC Delhi Holds Seminar on Cyber Crime Prevention
The GJEPC Delhi Regional Office, in partnership with Delhi Police, hosted a seminar on 'Cyber Crime Prevention', aimed at safeguarding the gem and jewellery industry
WGC Calls for Guidelines on Digital Gold Market in India
The World Gold Council (WGC), an international trade association, has urged India's finance ministry and the Reserve Bank of India (RBI) to establish clear guidelines and regulatory frameworks for the burgeoning digital gold business in the country
Rise of Branded Jewellery Stores on the Horizon
As the clock ticks forward, the landscape of India's jewellery market is undergoing a significant transformation
PC Jeweller's Stock Market Woes: Legal Proceedings, Loan Recall Notices, and Insider Trading Allegations
Delhi-based jewellery chain PC Jeweller is facing a tumultuous time in the stock market, with its shares plummeting by over 75% since January 2018. The company is embroiled in legal proceedings with the State Bank of India and four other banks as well.
CBI registers fresh case against Mehul Choksi
The case has been registered based on a complaint filed by IFCI in November 2020; Choksi is already on the run for involvement in a previous case where he was accused of defrauding the Punjab National Bank (PNB) of Rs 13,000 crore, along with Nirav Modi
ED arrests Hyderabad-based jewellery firm promoter
Agarwal was produced before a special PMLA court in Hyderabad and remanded to 15 days of judicial custody
ED attaches assets worth Rs 363 cr of jewellery firm
The ED case against the accused was made out on the basis of a Hyderabad CBI Anti-Corruption Bureau FIR and chargesheet
Mandatory Hallmarking: What this Means for the Industry?-Hallmarking 101
Amidst several concerns, long meetings, continual discussions and more, the landmark regulation related to mandatory hallmarking becomes a reality in India – all set to change the course of the Indian G & J Industry completely. Opinions from across the industry highlight the upsides and downsides of thisregulation, says Sugandha R
Apprehensions Ease As Mandatory Hallmarking Becomes A Reality
Mandatory hallmarking has finally become a reality and many jewellery retailers are having mixed opinions – on the whole they welcome the move and are eager to fulfill all requirements of hallmarking
Dir EDI Inaugurates Kashmir's First BIS Recognised Hallmarking Centre For Gold Jewellery
G M Dar, Director, Jammu and Kashmir Entrepreneurship Development Institute (JKEDI) inaugurated Valley’s first Gold Jewellery Assaying and Hallmarking centre at Srinagar on Dec 7
IJ REVIEW: 'Behind Every Meteoric Rise There Is A Murky Secret'
This is precisely what recently released ‘Bad Boy Billionnaires: India’ on Netflix tries to tell its viewers. IJ reviews the Nirav Modi docudrama from this net series
World Gold Council Launches Retail Gold Investment Principles
The World Gold Council launched its new Retail Gold Investment Principles (RGIPs) which provide high-level best practice principles for providers of all kinds of retail gold investment products
Mumbai-Based Jewellery Trading Company Accused By CBI In Multi-Crore Fraud
Auro Gold Jewellery Pvt Ltd and its directors Amritlal Jain and Ritesh Jain have been accused of allegedly cheating State Bank of India of Rs 387 crore
