The Indian gold industry has today announced the formation of the Indian Association for Gold Excellence and Standards (IAGES – pronounced as I-AAY-GES), a self-regulatory organisation (SRO) created by the Indian gold industry, for the Indian gold industry and supported by the World Gold Council. IAGES will aim at increasing consumer confidence and enhancing trust […]

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The recently concluded inaugural edition of the Silver Show of India, presented by India Bullion & Jewellers Association (IBJA) from 8th to 11th June 2023 at the Jio World Convention Centre in Mumbai, has exceeded all expectations, captivating visitors with its breath-taking display of exquisite silver jewellery and artifacts. The inauguration was graced by Mangal […]

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Discussions on Day One of the 3rd India Gold Jewellery Summit which opened in Delhi on November 22 focused on the different features of the gold market, particularly in India and the range of policy measures that would be needed to transform it into a modern engine for growth both in the export and domestic […]

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This was evident when a logistics company official last week ran away with 11 kg of gold jewellery worth Rs 3.5 crore. Jewellery firms beware. Cases of logistics company officials decamping with precious cargo while in transit or goods disappearing while left unattended by a logistics provider are not covered under the jeweller’s block insurance […]

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A new Gem & Jewellery Domestic Council, an apex body that will bring together all the different segments of the industry within India under a common banner, will be formally launched by the Hon’ble Minister of Commerce & Industry, Shri Suresh Prabhu in Mumbai on January 28, 2018. The decision to go ahead with the […]

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The Department of Commerce, Ministry of Commerce & Industry, Government of India has announced the constitution of a Working Group for formation of a Domestic Council for the gem and jewellery sector in India. In a recently issued notification, the department has said that the group will comprise the following office bearers of industry associations: […]

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The Multi Commodity Exchange of India Limited (MCX) and India Bullion & Jewellers Association (IBJA) have signed a memorandum of understanding (MoU) for increasing collaboration between the two bodies including jointly exploring the setting up a bullion spot exchange in the country. In a statement announcing the collaboration, MCX said that a bullion spot exchange […]

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Apart from freeing up blocked working capital, move will help overcome ambiguity in tax structure and avoid mis-declaration and tax evasion The sharp cut in the rate of GST (Goods and Services Tax) on polished diamond has brought much cheer to processors and jewellery exporters. Around 94 per cent of the diamonds processed in the […]

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