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ILLEGAL JEWELLERY TRADE
Digital arrest: How India’s fastest-growing scam uses fake investigations and video calls to siphon off croresThey pose as the police, put you under ‘digital arrest’, and tether you to a video call till your savings are gone. How India’s fastest gro...- Japan’s premium fruit industry where melons become luxury commoditiesJapanese fruits have carved out a niche in the world market, fetching high prices due to their extraordinary taste, texture, and stunning p...
- Gold jewellery to get costlier: Here's how much more you need to pay on your next purchaseIndia has significantly raised import duties on gold and silver. This move aims to reduce foreign exchange outflow and ease pressure on res...
- India's gold import: How it impacts our economy | An explainerIndia's gold imports are at an all-time high, reaching $71.98 billion in 2025-26. This surge is driven by increased prices and trade agreem...
- France seeks enforceable rules in India-EU FTA talksIn a move to strengthen economic ties, France is pushing for actionable measures to eliminate trade obstacles between India and the Europea...
- Surat-based SEZ entity on ED radar for 'illegal' forex remittances of over ₹4,000 crA Surat-based jewel firm, Sharnam Jewels Limited, is under investigation by the Enforcement Directorate for allegedly making illegal outwar...
- Jewellery trade moves to expose shell companies, curb illegal fund flowsThe initiative to trace UBOs in the jewellery trade is being led by the main industry body Gem & Jewellery Export Promotion Council, which ...
- Alphanumeric hallmarking to curb smuggled gold tradingJewellers said smuggled gold will no longer be used for jewellery because of HUID, which helps trace the jewellery. No invoice is issued ag...
- Call for rules to curb fake hallmarked gold flooding marketThe trade has already brought it to the notice of the government and are waiting for regulations to curb availability of fake hallmarked go...
- Budget 2021 impact: Cheaper gold, silver jewellery to add glitter to marriage season“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...
- Stalled: The Gold Rush
- Gold smuggling up on higher taxesOrganised jewellers say smaller outlets are sourcing the metal through illegal means.
- Gold import duty may not be cutIndia’s trade deficit touched a three-year high of $14.88 billion in December 2017.
- Luxury brands want PAN for Rs 1 lakh purchase to goLuxury retailers say they were anyway struggling to sustain their businesses in India, and any such rule will make impact the sale of expen...
- Driven by demand gold imports likely to double this OctoberHowever, if the capital market enters into a bearish phase, then investors may start looking at gold again, said industry executives.
- Jewellery exports to key market US under threat from illicit imports of goldIf US importers find illegal gold in the consignment, then the supplier will be dragged to US court.
- Gold import squeeze likely to drive small jewellers to grey marketJewellers are up in arms against the new 20-80 principle worked out by the Reserve Bank of India to curb gold imports.
- Jewellers demand tapping gold in domestic market through bondsRetailers are also mulling putting a stop to selling of gold coins and bars to curtail investments, according to All India Gems and Jewelle...
- Jewellery industry seeks cut in gold import by NRIsThe gems and jewellery industry has sought substantial reduction in the quantity of gold that NRIs are allowed to bring into the country.
- Pak gem traders want open borderJewellers and gem traders from across the border have asked the governments of India and Pakistan to open up border to facilitate trade.
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