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SMR Jewels IPO opens today. Check GMP, price band, subscription and other detailsSMR Jewels' SME IPO launches Tuesday. Grey market activity shows flat sentiment with no premium expected. The company aims to raise Rs 67.2...- Bridal jewellery gets a gold rush across India as panic buying over policy curbs and higher duties intensifiesConsumers are rushing to buy bridal jewellery across India. This surge follows Prime Minister Narendra Modi's call for austerity measures. ...
- Amid PM Modi's 'no gold buy' appeal, a scheme that planned mobilisation of idle gold at homes gets spotlightThe gems and jewellery sector is urging the government to strengthen the Gold Monetisation Scheme. Industry bodies believe domestic gold mo...
- 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...
- 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...
- 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...
- Silver shortage grips Zaveri Bazar as jewellers stop taking new ordersJewellers in Zaveri Bazar have halted new silver orders due to a severe physical shortage, despite a daily price drop. A significant premiu...
- GST rate for jewellery unchanged at 3% , but industry sees indirect gainsMumbai jewellers are happy with the GST reductions in other sectors. They believe this will help their business indirectly. The GST Council...
- 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 ...
- Buyers keep hands off gold, as sales plunge 60% in June, steepest drop since CovidGold sales in India witnessed a sharp decline in June. The drop is attributed to high and fluctuating gold prices. India Bullion & Jeweller...
- 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...
- 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...
- As gold remains firm, diamond jewellery sees strong traction this Valentine's seasonJewellers in India have reported significant growth in demand for diamond-studded jewellery during Valentine's Day, with a 35% increase com...
- 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 ...
- NRIs don't miss golden opportunity as duty slash adds sheen to jewelleryNRIs are increasingly buying gold jewelry in India instead of Dubai. A customs duty cut and lower labor costs make Indian gold more afforda...
- Gold buying for weddings slows as consumers expect further fall in priceIndian consumers are holding back on purchasing gold jewelry for the upcoming wedding season, anticipating a further dip in prices. The pri...
- Maharashtra: GJC urges members for proper documentation of gems & jewellery to avoid poll-related hasslesAll India Gem and Jewellery Domestic Council (GJC) has advised its members to ensure proper documentation for smooth movement of goods duri...
- Dussehra Gold Prices Surge: Consumption drops 10% as buyers shift to jewelleryGold prices increased by Rs 14,000 per 10 gm this Dussehra, leading to a 10% drop in consumption. Consumers favoured gold jewellery over co...
- 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 ...
- 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...
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