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Gold import curbs to boost grey market in India

The national body of jewellers, the All India Gems & Jewellery Trade Federation (GJF), on Wednesday, said that the recent restrictions on gold imports will encourage smuggling and grey markets......

Gems & jewellery trade fully ready for GST rollout

The GST rate for the sector has not yet been finalised by the government. The gems and jewellery trade is fully prepared for the GST regime, to be implemented from July 1, industry body GJF said......

Budget 2017: Hike PAN limit to Rs 500,000, jewellery industry to FM

Jewelers also want import duty on gold to be reduced from the current 10 per cent to at least 5 per cent. The domestic gems and jewellery industry, which went through a lot of turmoil in 2016, has......

Demonetisation: How it will impact gold, real estate sectors

The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the......

Why gold sales may not pick up this Akshaya Tritiya

  Akshaya Tritiya, considered an auspicious day to buy gold, is likely to be lacklustre this time as jewellers are expecting negative to marginal growth compared to last year, on the back of......

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