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.
Shringar House of Mangalsutra Limited has fixed the price band of ₹155/- to ₹165/- per Equity Share of face value ₹10/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Wednesday, September 10, 2025, for subscription and close on Friday, September 12, 2025. Investors can bid for a minimum of 90 Equity Shares and in multiples of 90 Equity Shares thereafter
PNG Jewellers, one of India’s most trusted jewellery brands with a legacy of 192 years, is delighted to announce the return of its much-anticipated “Pure Price Offer” campaign. Scheduled from September 1st to September 20th, 2025, this campaign has been specially designed to bring relief and confidence to jewellery buyers ahead of the festive and wedding season
The proof-of-concept pilot launches in partnership with PureJewels by Bhanji Gokaldas, a fourth-generation London jeweller specialising in 22ct gold. Its newly released Lotus Collection will be the first jewellery line to feature Hallmarking 2.0
All Kerala Gold and Silver Merchants Association State President K. Surendran and General Secretary Adv. S. Abdul Nazar alleged that the GST raid on the gold trading sector was untimely and aimed at disrupting the Onam trade
The Indian Chamber of Commerce (ICC) organised the Diamond Conclave 2.0, themed “India Shining for the Global Stage,” bringing together policymakers, industry leaders, and experts to deliberate on the opportunities and challenges shaping India’s gem and jewellery sector. The conclave highlighted India’s unparalleled dominance in diamond processing, the sector’s role in employment and exports, as well as the impact of recent U.S. tariffs and global trade dynamics
Further to the Company’s announcement on 11 August 2025, Gemfields confirms that it completed the sale of Fabergé Limited (“Fabergé”) to SMG Capital LLC (the “Buyer”) on 29 August 2025.
Gargi by P N Gadgil & Sons, one of India’s fastest-growing fashion jewellery firms, opened its 100th store, a big step forward in its growth. The company opened two new stores this month in important cities like Patna and Kurla (Mumbai)
India posts 7.8% GDP growth in Q1 FY 2026. GJEPC Chairman Kirit Bhansali highlights strong gems & jewellery demand, diamond consumption, and India’s rise as a global jewellery hub.
Kalyan Jewellers opens a new showroom in Dibrugarh, Assam, inaugurated by actor Genelia Deshmukh. Featuring signature collections, Candere lifestyle jewellery, and exclusive offers, this marks a milestone in jewellery retail.