Gold & Platinum Fusion Jewellery
Browsing: Silver
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.
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.
In a landmark decision announced recently, the Bureau of Indian Standards (BIS) will introduce voluntary hallmarking for silver jewellery and artefacts starting September 1, 2025.
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$3,845.69 million) in May 2024.
India’s gem and jewellery exports for May 2025 witnessed a noticeable dip, with gross exports falling 15.81% to US$ 2,263.42 million (₹19,260.81 crore), compared to US$ 2,688.38 million (₹22,414.02 crore) in May 2024. Imports also dropped 12.96% to US$ 1,689.61 million (₹14,393.12 crore). However, in a positive turn, the cumulative export value for April-May 2025 increased by 4.96% year-on-year to US$ 5,202.01 million (₹44,407.30 crore). Imports during the same period declined slightly by 2.52% to US$ 3,748.62 million (₹32,006.09 crore).
Gold surged past $3400 (~Rs 1,00,000), reaching a record high as geopolitical tensions escalated following Israel’s strike on Iran and the declaration of a state of emergency. Softer US inflation data also boosted expectations of further Fed rate cuts, supporting safe-haven demand. According to Augmont Gold, the breakout above $3425 signals a possible move toward $3500 (~Rs 1,01,000) in the near term
