Union Budget 2026–27 makes strong push for MSMEs, signals stability and cautious optimism
Union Budget 2026-27 makes a strong push for MSMEs, with a Rs 10,000-crore SME Growth Fund; besides, it enables faster payments via mandatory TReDS for CPSE purchases. Overall, the Budget emphasizes fiscal prudence, infrastructure creation, and ease of doing business. For a sector navigating global uncertainty, shifting consumer preferences, and rising compliance standards, it is stability that the enabler.
BIS Makes Silver Jewellery Hallmarking Mandatory from September; Gold Regulations Expanded
The Bureau of Indian Standards (BIS) has announced that hallmarking of silver jewellery will become mandatory starting September 1, marking a significant expansion of quality controls in India's precious metals market.
India Bullion & Jewellers Association Calls for Self-Hallmarking of Silver Jewellery
The India Bullion & Jewellers Association (IBJA) has urged the Bureau of Indian Standards (BIS) to implement mandatory self-hallmarking for silver products by jewellers, rather than relying on external hallmarking agencies.
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.
CBIC Notifies Procedure for Personal Carriage of Gems & Jewellery at Jaipur ACC and Airport
The Central Board of Indirect Taxes and Customs (CBIC) has officially operationalised the procedure for the import and export of gems and jewellery through personal carriage at the Air Cargo Complex (ACC), Jaipur and Jaipur International Airport.
India’s Gems & Jewellery Sector Set to Reach $128 Billion by 2029, Finds 1Lattice Report
India’s gems and jewellery sector is on the cusp of transformative growth, with a projected market value of $128 billion by 2029, according to a new report by 1Lattice titled Glimmers of Growth
Record high prices have dented jewellery demand: Sachin Jain, WGC
The skyrocketing price of gold is a matter of concern to the entire gold industry, but even more so for India, which is one of the largest consumers of gold worldwide. Driven by multiple factors, chiefly global economic uncertainties, inflation concerns, and a strong investment demand, these price movements have significant implications for retailers, consumers, and investors in India. In a conversation with Suneeta Kaul, Sachin Jain, Regional CEO, India, World Gold Council, dwells on the impact of high prices, the move towards organized retail in the country, the rising trend of digital gold investment, and more
GSI collaborates with GJEPC, launches exclusive lab at Bharat Ratnam – Mega CFC building, Mumbai
The soft launch of the facility took place at JIO World Convention Centre (JWCC) - Level 3 Pavilion - Launch Pad on the 4th of January, 2025
Gold Hallmarking Initiative Sees Significant Growth in 2024, Boosting Consumer Confidence: Department of Consumer Affairs
The Department of Consumer Affairs (DCA) has marked 2024 as a milestone year for its gold hallmarking initiative, reporting significant progress in ensuring the authenticity and quality of gold jewellery across India
Motisons Jewellers Soars Ahead of Stock Split Announcement, Rises 101% in 31 Days
Shares of Motisons Jewellers surged to a new high of Rs 287.85 on the BSE, marking a 12% increase in intraday trading ahead of a board meeting scheduled for September 19, 2024, to consider a stock split
Government to Mandate Hallmarking for 9-Karat Gold Jewellery
In a significant policy shift aimed at addressing both consumer demand and safety concerns, the Indian government is set to make hallmarking of 9-karat (KT) gold jewellery mandatory
Gold Industry Calls for Hallmarking of 9-Carat Jewellery Amid Soaring Prices
As gold and silver prices surge to unprecedented levels, the gold trade has urged the Bureau of Indian Standards (BIS) to introduce hallmarking and Hallmarking Unique Identification (HUID) numbers for 9-carat gold jewellery
Akshaya Tritiya 2024: Big crowds, brisk business, unflinching enthusiasm
Indians do not really need an excuse to buy gold, but Akshaya Tritiya offers a pretty good one! Year after year, people turn out in big numbers to buy the yellow metal on this day, considered to be auspicious for buying gold, and this year was no exception. Nothing held customers back – neither the increasing summer heat, nor the rising gold prices. And in addition to the fervour for gold, buyers showed a keen interest in diamond jewellery, discovers Suneeta Kaul
Seminar on Ratnakalakar Samriddhi Samrambh by GJEPC Benefits Over 800 Artisans
"Gem Artisan Prosperity Initiative" was hosted by GJEPC at Saurashtra Bhawan, Varachha, Surat, with the aim of providing valuable insights to over 800 artisans associated with the jewellery industry

