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GJF Appoints New Chairman
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India's Gems & Jewellery Trade Federation (GJF) appointed Haresh Chamanbhai Soni as its chairman for the 2013 to 2015 period.Soni, whose appointment was made official at a ceremony in Mumbai, will replace Bachhraj Bamalw and...
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Retail
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Apr 17, 2013
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Deena Taylor
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Polished Markets
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Feb 28, 2013
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Dilipp S Nag
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Higher Import Duty to Increase Gold Smuggling in India
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, The increased gold import duty imposed by India's government may lead to more smuggling activity, but the tax is unlikely to have much of an impact on consumer demand in the world's largest gold market, industry observers said....
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Financial-Legal
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Jan 22, 2013
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Dilipp S Nag
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India Forms Committee to Tackle Undisclosed Lab Grown Diamonds
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India’s various gems and jewelry industry associations have formed a committee to tackle the issue of undisclosed lab-grown diamonds. The committee members are from the Gem & Jewellery Export Promotion Council (GJEPC), the All India Gems and Jewellery Trade Federation (GJF), the Bharat...
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Polished Markets
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Jul 16, 2012
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Dilipp S Nag
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India Removes Excise Duty on Jewelry
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The Indian government has withdrawn the excise duty on branded jewelry and the proposed duty on unbranded jewelry much to the relief of the industry and consumers.“The outpouring of sentiment both within and outside...
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Retail
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May 07, 2012
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Dilipp S Nag
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Retail
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Apr 25, 2012
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Dilipp S Nag
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Indian Jewelers Suspend Strike Until May 11
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Indian jewelers and bullion traders suspended their 21-day strike and opened the business from today following favorable assurance from the Finance Minister, Pranab Mukherjee regarding their demand.“We have deferred the...
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Manufacturing
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Apr 06, 2012
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Dilipp S Nag
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India Re-Considers Duty on Unbranded Jewelry
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India's Finance Minister, Pranab Mukherjee, is re-considering his budget proposal to tax unbranded jewelry following major protests by local jewelers across the country. He is also examining the issue of making PAN card declaration mandatory for...
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Retail
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Mar 29, 2012
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Dilipp S Nag
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Retail
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Mar 27, 2012
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GJEPC
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FICCI Suggests Ways to Finance Industry Growth
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The Federation of Indian Chambers of Commerce and Industry (FICCI) on Thursday organized its third annual Gems & Jewelry Conference in Mumbai, with an aim to ''build bridges'' between the banking sector and this industry to maintain...
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Financial-Legal
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Nov 25, 2011
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Dilipp S Nag
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UBM to Hold Mumbai Jewellery & Gem Fair in December
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Press Release: Following in the footsteps of two successful fairs that take place in Hyderabad and Chennai annually, it’s all systems go for the launch of the Mumbai Jewellery & Gem Fair, which will take...
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Marketing
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Oct 05, 2011
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UBM
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