Bullion industry proposes plan to turn India's idle gold into working capitalIndia's gold imports are rising, prompting industry bodies to suggest ways to curb them. Proposals include recycling household gold and lim...
12 May, 2026, 01.00 AM IST
No plan to hike gold import duty despite Modi's appeal to skip buying, says government officialIndia denies plans to raise gold and silver import duties. Prime Minister Modi urged citizens to avoid gold purchases amid economic pressur...
12 May, 2026, 12.53 AM IST
- PM Modi's appeal to postpone gold buying could hurt jewellery industry, says GJC
The gems and jewellery sector anticipates challenges following Prime Minister Narendra Modi's call to delay gold purchases. Industry leader...
11 May, 2026, 05.42 PM IST
GJC pushes RBI for revamped Gold Monetisation SchemeThe Gem and Jewellery Council is proposing a new Gold Monetisation Scheme. This plan aims to work with the Reserve Bank of India and the Fi...
29 Apr, 2026, 06.14 PM IST
Union Budget 2026-27: Gems, jewellery sector seeks duty rationalisation, GST cutBudget 2026 Wishlist: India's gem and jewellery industry is pushing for significant changes in the upcoming Union Budget. The sector wants ...
14 Jan, 2026, 07.27 PM IST
What's driving the surge in IPOs among jewellery firms?At least 10 jewellery retail firms are preparing to launch IPOs in the next 3-6 months, driven by lender constraints, high valuations, and ...
12 Aug, 2025, 05.32 PM IST
Over one lakh jobs in India's jewellery industry at risk due to fresh US tariffsThe US decision to impose a 25% tariff on Indian imports from August 1 is expected to significantly hit India’s gem and jewellery exports, ...
31 Jul, 2025, 01.19 PM IST
Silver hits new peak of Rs 1.04 lakh/kg amid global, industrial pushSilver surged to ₹1,04,675/kg on Thursday, driven by rising industrial demand, geopolitical tensions, and gold’s rally. Experts predict a c...
05 Jun, 2025, 08.47 PM IST
GJC asks India's gems & jewellery industry to cease business dealings with Turkey, AzerbaijanThe All India Gem and Jewellery Domestic Council (GJC) has urged the Indian gems and jewellery industry to halt business dealings with Turk...
16 May, 2025, 05.07 PM IST
Gold demand expected to be hit by surge in prices in short term, say expertsGold prices in Mumbai soar, crossing Rs 1 lakh per 10 grams. Experts anticipate a temporary dip in demand. However, upcoming Akshya Tritiya...
23 Apr, 2025, 07.23 PM IST
Gold may see a correction of 10% from Rs 1 lakh level, but bullish outlook remains: ExpertsGold prices in India have reached a record high, surpassing Rs 1 lakh per 10 grams, fueled by global economic uncertainty and de-dollarizat...
22 Apr, 2025, 06.58 PM IST
Gold prices drop Rs 2,509 in 2 days; buyers rush to shopGold prices have seen a decline from Rs 86,647 to Rs 84,056 per 10 gm, leading to increased consumer purchases. Rajesh Rokde, chairman of t...
28 Feb, 2025, 05.58 PM IST
Gems, jewellery industry urges government to reduce GST to 1.25 pc on bullion, ornamentsThe gems and jewellery industry in India has called on the government to reduce the GST on bullion and ornaments from the current 3% to 1.2...
06 Feb, 2025, 08.15 PM IST
18-carat is new gold standard for young buyersIn 2024, demand for 18-carat gold jewellery in India increased by 25% year-on-year, driven by younger consumers opting for more affordable ...
09 Jan, 2025, 12.20 AM IST
Gems, jewellery sector urges govt to reduce GST to 1% in upcoming BudgetThe gems and jewellery sector is urging the government for a GST reduction to 1 per cent in the upcoming Budget. With rising gold rates, th...
07 Jan, 2025, 04.53 PM IST
Silver prices surge to nearly Rs 90,000/kg, still enough room for prices to move northSilver prices surged to nearly Rs. 90,000 per kg, hitting an all-time high, driven by increased industrial applications and speculation of ...
17 May, 2024, 09.29 AM IST
GJC against ban on import of rough diamondThe All India Gem and Jewellery Domestic Council (GJC) is against banning the import of rough natural diamonds until December 15, as it cou...
10 Oct, 2023, 04.16 PM IST