Gold jewellery sales pick up slowly after falling 80%Jewellers and traders said consumers in metros and smaller towns are gradually opting for digital transactions to purchase the metal to tak...
12 Dec, 2016, 11.11 AM IST
Demonetisation: Gems & Jewellery Federation urges jewellers to go cashlessAll India Gems & Jewellery Trade Federation urges gems & jewellery industry to go cashless in sync with PM's vision of Digital India and al...
07 Dec, 2016, 03.44 PM IST
Jewellers claim 85-90% dip in domestic business, exports unaffectedThe situation is almost the same for jewellers across the country, whose businesses have come to a standstill since November 8 when the Rs ...
30 Nov, 2016, 01.11 PM IST
Gold business down 75% despite fall in pricesAll jewellers have been asked to refrain from selling gold in exchange of old Rs 500 and Rs 1000 notes and bring it to the notice of the au...
22 Nov, 2016, 01.34 PM IST
Rural India makes most of silver's dropBullion traders and jewellers expect the upcoming festivals and the upbeat rural sentiment on account of good monsoons this year to drive u...
13 Oct, 2016, 11.49 AM IST
Industry expects gold to cross Rs 32,000 by DiwaliConsumers have a feeling that gold prices will not fall below Rs 30,000 per 10 gm level in near term.
08 Sep, 2016, 07.52 AM IST
Stubborn gold refuses to budge from Rs 32,000-mark, August demand up 20%Rural India buys nearly 60% of the total gold which has been pegged at 750-850 tonnes in 2016 by the World Gold Council.
25 Aug, 2016, 08.29 AM IST
Jewellers betting on Akshaya Tritiya sales to clear piled up inventoryGold prices breached the Rs 30,000 per 10 gm mark, making the metal costlier by Rs 3,000 per 10 gm compared to a year ago.
04 May, 2016, 03.42 AM IST
Heat effect: Jewellers plan to extend business hours to 10 pm to help buyersIndia consumes 950-1000 tonnes of gold annually, and rural India accounts for 60% of this. “Extreme heat wave has resulted in less footfall...
22 Apr, 2016, 06.03 AM IST
Protest rally in Delhi on March 17 against 1% excise duty proposed on gold jewelleryThe government has said that excise is the only alternative for the jewellery industry, so that it can migrate to Goods and Services Tax or...
16 Mar, 2016, 04.12 PM IST
Jewellers plan candle march to protest against PAN number riderWorried over the 25-30% drop in business transactions, gems and jewellery associations have chalked out a ‘protest programme’ across India.
15 Jan, 2016, 06.33 PM IST
Jewellers may protest against PAN for deals of Rs 2 lakh, aboveJewellers said they might launch 'protests' against the government's decision to make PAN cards mandatory for any transactions of Rs 2 lakh...
08 Jan, 2016, 10.48 PM IST
Quoting PAN for sales over Rs 2L to badly hit jewellery industry: GJFEven in 10 metro cities, the sales are likely to drop by 50 per cent, jewellers body GJF said.
23 Dec, 2015, 02.42 AM IST
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...
17 Dec, 2015, 01.03 PM IST
Jewellers unhappy over mandatory PAN on purchase of Rs 2 lakhThe All India Gems and GJF expressed dissatisfaction over the government's decision to make PAN card mandatory on any transaction of Rs 2 l...
16 Dec, 2015, 09.02 PM IST
GJF urges government to implement GST across gems and jewellery sectorSuch action will also help the gems and jewellery sector to promote ‘Make in India' concept at grass root level and help in getting the sec...
04 Nov, 2015, 02.41 PM IST
Gold Monetisation Scheme: Jewellers to approach RBI to request involvementAccording to the All India Gems & Jewellery Federation, about 20,000 jewellers are planning to approach the RBI to request it to involve th...
30 Sep, 2015, 11.51 AM IST