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BACHHRAJ BAMALWA
Indians opt for lighter, lower carat jewellery as gold prices soarRising gold prices in India have led many families to opt for lightweight, lower-carat jewellery. With gold prices up 22% in 2024, buyers a...
Gold price at two-year high, demand to see new lowsPrices in Mumbai have jumped 21% this year and reached the highest since March 2014 on Monday.
Jewellery stocks shine as traders call off strikeJewellery companies' extended their rally from Monday, surging as much as 6% in trade after jewellery traders lifted a shutdown after a 43-...
Gold jewellers dissatisfied over mandatory PAN card on purchase of Rs 2 lakhGJF believes that the decision on imposing pan card restriction is not fair and justifiable under law as it tantamount to discrimination ag...
For gold monetisation scheme to work don’t ask people for source: Traders to governmentDealers want the government to simplify the gold monetisation scheme through measures such as not pressing people to declare the source of ...
Gold imports not to rise due to RBI measures: TradersGold imports in India, the world's largest consumer, will not increase in the coming months following the RBI easing curbs on inward shipme...
Gold imports likely to drop sharply to 50-60 tonnes in OctoberGold imports are expected to nearly halve to 50-60 tonnes this month from their September level as jewellers have adequately stocked up for...
Country's gold imports rising on price slide & festive demandAccording to government data, gold imports were at $3.75 billion in September this year compared to $682.5 million in the same month last y...
Jewellers bet big on IIJS & IIJW shows for beefing up gems, gold salesJewellers are betting big on IIJS and IIJW to beef up sales at a time when the government is trying to put a check on the domestic consumpt...
Budget 2013: Gold and jewellery trade federation welcomes Transaction taxCommenting on the Budget, Gold and jewellery trade federation welcomed the Transaction tax and increase in baggage allowance to Rs One lakh.
Budget 2013: GJF lauds FM for not increasing import duty on goldThe All India Gem and Jewellery Trade Federation (GJF) has lauded Finance Minister P Chidambaram for not increasing the import duty on gold.
Make 1% tax at source mandatory on purchase of bullion: JewellersStating that a hike in import duty will not have desired results, GJF has come out with several recommendations to curb gold import.
- Jewellers' body opposes government's move to increase import duty on gold
The government move comes at a time when GJF has submitted its recommendation to reduce the import duty on gold from 4% to 2%.
Gems and Jewellery Federation asks to cut import duty on gold, silverAll India Gems and Jewellery Federation has urged the government to reduce import duty on gold and silver to help the industry and put an e...
- Jewellers extend protest against Budget proposals till Saturday
The bullion market remained closed for the 11th day following the strike by traders and jewellers against the Budget proposals to bring the...
Budget 2012: Irked over tax hike, jewellers call for indefinite stirProtesting against the Budget proposals, the All-India Gems & Jewellery Trade Federation has decided to go on an indefinite strike from tom...
Budget 2012: Jewellers body seeks abolition of gold ETFsGJF in its Budget 2012 suggestion asked for increasing the limit of gold buying to Rs 25 lakh from present Rs 5 lakh which would require fu...
- Jewellery industry seeks cut in gold import by NRIs
The gems and jewellery industry has sought substantial reduction in the quantity of gold that NRIs are allowed to bring into the country.
- Falling rupee hits gold, silver imports
Jewellers are feeling the heat of weakening rupee. The import bill for gold and silver is on the rise.
- Jewellers celebrate robust sales on 'Akshaya Tritiya'
The sales of gold and diamond jewellery surged by up to 40 per cent on 'Akshaya Tritiya' compared to last year, industry sources said.