Browsing: Gold

PN Gadgil Jewellers (PNGJL) is experiencing solid momentum as gold prices stabilize and the festive season strengthens demand. Despite a significant jump in gold prices (around 40% YoY), the company reported a 30% revenue increase in Q1FY26, excluding the benefit from Akshaya Tritiya (shifted to Q2FY25). The festive period drove higher consumer activity, making Q1 a strong quarter for PNGJL.

Challani Group of Companies expands in Madurai with the grand launch of Lille by Challani and Fedha by Challani. Actor Andrea Jeremiah inaugurated Lille’s fine jewellery store, while Aishwarya Rajesh unveiled Fedha’s exclusive silver jewellery destination.

Srinivas Injeti, Chairman of the Board of Directors of The Indian Association for Gold Excellence and Standards (IAGES), has been appointed Chairman of the National Stock Exchange (NSE).

Unique Chains and Jewels Limited, a pioneer in fine gold jewellery, is all set to inaugurate its new sub-brand, Unigold 18 KT, on 10th September 2025 at 12:00 pm onwards. The launch will take place at Bullion House, 3rd Floor, 115 Tambakatta Lane, Mumbadevi Road, Near Hotel Sharda, Mumbai – 400003. This milestone reflects the company’s continued commitment to innovation, craftsmanship, and excellence.

The GST structure has been overhauled: the 12% and 28% slabs are removed, most items move to 5% or 18%, a special 40% slab is introduced for sin and luxury goods, and individual life and health insurance is exempted. These changes take effect from 22 September 2025.

The Indian government has revised duty drawback rates on gold, silver, and platinum jewellery to support exporters facing steep US tariffs. Learn how this move impacts India’s $29.8 billion gems and jewellery export sector.

July 2025 sees strong growth in exports, while cumulative April–July figures reflect a decline in key segments.

The Indian jewellery industry witnessed a momentous launch at the prestigious IIJS Expo, as Shringar House of Mangalsutra Ltd., the country’s leading mangalsutra manufacturer, unveiled the 24K SHUDDH COLLECTION – one of India’s first-ever 24 Karat HUID Hallmarked Mangalsutra collections. Crafted in 995 finesse with BIS-certified HUID hallmarking, this groundbreaking collection reimagines the mangalsutra not just as a symbol of tradition, but also as a pure 24K investment. It bridges cultural heritage with contemporary consumer value – a concept that has resonated powerfully across the retail landscape

For over six decades, GRT Jewellers has been woven into the fabric of family celebrations and personal milestones. Established in 1964 as a modest venture, it has evolved into one of the most respected names in the Jewellery industry – known for its superior quality, exquisite craftsmanship, and enduring relationships with customers. Today, GRT offers a wide array of Gold, Diamond, Platinum, Silver, and Gemstone Jewellery across 65 locations – 64 in South India and one in Singapore. Even as it expands its presence, the brand remains anchored in its founding values of trust, tradition, and excellence.

India’s total imports under the Gem & Jewellery category (Chapter-71) for May 2025 stood at ₹32,006.09 crore (US$3,748.62 million), showing a marginal year-on-year decline of 0.18% in rupee terms and 2.52% in dollar terms when compared to ₹32,065.28 crore (US$3,845.69 million) in May 2024.