The government is planning to make hallmarking along with carat count mandatory for the gold jewellery sold in the country, Food and Consumers Affairs Minister Ram Vilas Paswan said on Friday. “At present people don’t get to know quality of gold jewellery that they buy. We are planning to make hallmark for gold jewellery mandatory. […]

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The demand for gold jewellery, considered the primary store of value in rural India, fell by as much as 30% in the run-up to Diwali due to untimely rains in the October harvesting season, the lingering effects of demonetisation, and an increase in bullion prices after the rollout of the goods and services tax (GST). […]

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