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News
Jewellers
Jewellers News
Dubai Jeweller
27 Sep 2018
Dubai jeweller puts gem-studded USD 17 million shoes on sale
The price of the shoes includes a lifetime warranty, which means that the leather of the footwear be replaced if it wears out.
Dhanteras
17 Oct 2017
Jewellers see no sparkle in sales this Dhanteras
However, organised players like P C Jewellers, Kalyan, Talwar Sons and Jewellers are expecting 10-35 per cent jump in sales, thanks to the growing trust in quality and designs of products and competitive prices.
Gold
16 Oct 2017
Gold prices in India swing to premium ahead of Diwali festival
Jewellers felt the PMLA required them to keep records of customers' personal identification number or tax code for transactions above Rs 50,000 (USD 771), limiting gold sales by buyers hesitant to give the information.
Mathura
17 May 2017
Three cops suspended for murder of Mathura traders
The Uttar Pradesh government on Wednesday suspended three policemen, including a station house officer, for laxity in the twin murder case of bullion traders in Mathura, an official said.
Mathura
16 May 2017
Two Mathura jewellers shot dead, Agra jeweller looted
Jewellers associations have voiced deep concern after two bullion traders were shot dead in Mathura by six persons who escaped with gold worth Rs 4 crore, and another jeweller was shot at in Agra and valuables worth Rs 8 lakh looted.
Gold
24 Mar 2017
High gold prices keep demand in check, Indian jewellers stock up for festival
An uptick in prices kept a lid on demand for gold in most regions across Asia this week, while in India, an upcoming festival saw jewellers stocking up on the metal.
Demonetisation
12 Mar 2017
Gold imports fall sharply post-demonetisation
The Centre's demonetisation drive is seemed to have a significant impact on the gold demand in the country as imports of the metal dropped sharply in December and January.
Gold
30 Jan 2017
Gold price moves higher on weaker dollar
Tracking a firming trend overseas, gold prices quoted higher by Rs 41 to Rs 28,394 per 10 grams in futures trade Monday.
Demonetisation
21 Jan 2017
I-T pressure prompted many to opt for PMGKY post-demonetisation
The pressure built up by the income tax department post-demonetisation prompted those under scrutiny to opt for the Pradhan Mantri Garib Kalyan Yojana (PMGKY).
Demonetisation
23 Dec 2016
Demonetisation: I-T detects Rs 47.74 cr unaccounted income of bullion traders, jewellers
The Income Tax department on Friday said it has detected undisclosed income of Rs 47.74 crore after surveys were conducted at half-a-dozen bullion traders and jewellers in the city following surge in their sales post demonetisation.
Jewellers
23 Dec 2016
Mandi Live : Income Tax dept raids jewellers in Delhi's Chandni Chowk and Karol Bagh area
Demonetisation
08 Dec 2016
Note ban: I-T raids multiple locations; seizes Rs 90 crore in cash, 100 kg gold
According to media reports, the tax sleuths raided several Chennai-based jewellers and in the process recovered huge sum of black money in the form of Rs 90 crore and 100 kg of gold.
Demonetisation
30 Nov 2016
Demonetisation: Jewellers claim 85-90% dip in domestic business, exports unaffected
Many jewellers estimate an 85-90 percent dip in business post-demonetisation -- but exports have been unaffected.
Zee News
15 Nov 2016
Demonetisation: Jewellers asked to surrender CCTV footage amid huge rise in sale
Laljibhai Patel
14 Nov 2016
Did this Indian businessman just surrender Rs 6,000 crore?
Believe it or not but there are news reports circulating that an Indian businessman has surrendered a sum of, hold your breath!, Rs 6,000 crore and all in cash.
black money
14 Nov 2016
Black money crackdown: Taxmen keep close vigil on jewellers
Intensifying the crackdown on laundering of illicit wealth, tax authorities are keeping a close vigil on jewellers to check if sales are being broken down into sub-Rs 2 lakh to avoid quoting of PAN.
Gold
03 Sep 2016
Gold tops Rs 31,000 on global cues; silver surges Rs 800/kg
Riding on firm global trends and increased buying by jewellers at domestic spot market, gold prices advanced by Rs 30 to trade at Rs 31,000 per ten grams, while silver prices soared Rs 800 to Rs 45,900 per kg at the bullion market on Saturday.
Indian gold refiners
23 Aug 2016
Gold smuggling: Government loses over $1 billion in revenue
Indian gold refiners just months ago were ramping up capacity and struggling to secure enough ore from miners. Now, they are suspending operations as a surge in smuggled bullion wipes out wafer thin margins.
Sovereign gold bond
16 Jul 2016
Issue price of Sovereign Gold Bond fixed at Rs 3,119 per gram
Issue price for the fourth tranche of Sovereign Gold Bond, opening July 18, has been fixed at Rs 3,119 per gram.
Jewellers
14 Jul 2016
Jewellers welcome govt decision on excise duty exemption limit
The government's decision to exempt small scale jewellers from excise duty will give a boost to the trade, the gems and jewellery industry said Thursday.
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