In multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...

Consumer sector outlook for FY27 faces challenges from cigarette tax hikes and crude oil shocks. Abneesh Roy of Nuvama Institutional Equiti...

Kannada actress Ranya Rao, with jeweller Sahil Jain's help, smuggled and disposed of 49.6 kg of gold worth Rs 40.14 crore. Jain, who facili...

Spanish police have seized gold artefacts worth over €60 million ($64 million) that were stolen from Ukraine and illegally taken out of the...

Jewellers said smuggled gold will no longer be used for jewellery because of HUID, which helps trace the jewellery. No invoice is issued ag...

“Price of gold will come down. There is a lot of pent-up demand in the market and the reduction in duty will unleash that demand,” said Aha...

All India Gem And Jewellery Domestic Council chairman N Anantha Padmanaban told PTI here that the increase in customs duty and GST will hik...

Traders say they’re losing 25-30% business, claim import duty & GST are encouraging illegal trade.

Jewellers fear that the steep difference between gold prices in Kerala and neighbouring states would encourage customers to buy jewellery f...

Recently in Delhi, the ED arrested two Axis Bank officials for helping some people convert their demonetised currency into gold.

The government sees the transfer of illegal funds to assets like gold and foreign currency as inevitable but of limited utility as the volu...

The raids were being conducted following a tip-off that heavy gold purchases were witnessed after the demonetisation of Rs 500 and Rs 1,000...

The move comes after Finance Ministry directed the jewellers to sell gold and ornaments made from it only against customers' PAN details.

However, many jewellers also turned away customers not willing to use credit or debit cards on Wednesday, when banks remained shut.

Jewellers across India are in no mood to listen to finance minister's request to suspend manufacture and sale of gold coins in the country.

Jewellers are up in arms against the new 20-80 principle worked out by the Reserve Bank of India to curb gold imports.

Two key economic regulators of the country - Finance Ministry and Reserve Bank of India - do not have any information about the the consump...