Author name: JNI

Gold is intrinsic to Indian culture, closely tied to religious beliefs, tradition and festivals. Bridal jewellery dominates the gold jewellery landscape, enjoying 50-55% of market share; weddings, together with festivals, constitute the two major gold purchase occasions in India. In the absence of official records, the country is estimated to have around 11-13mn weddings per […]

According to the IIBX, they circulated Standard operating Procedure (SoP) for on boarding valid India-UAE TRQ holders to import UAEGD Gold under the India-UAE CEPA on India International Bullion Exchange IFSC Limited (IIBX).   International Financial Services Centres Authority (IFSCA) vide the aforesaid circular has facilitated valid holders of India – UAE Tariff Rate Quota (TRQ)

In a World Platinum Investment Council report, it is said that, the Q3 2023 deficit of 40 koz on increasing automotive, industrial and investment demand The third quarter of 2023 saw a consolidation of several demand themes across the platinum market, with supply remaining constrained, and demand robust, with the exception of some weakness in

Silver saw ups and downs in 2023, but as the year draws to a close the metal’s price isn’t far from where it started. Find out what trends have moved the market over the last 12 months. Silver saw a record deficit in 2022, and coming into 2023 some experts had high expectations for the

Micro, Small and Medium Enterprises (MSME) sector, with more than 6.30 crore enterprises, has emerged as a highly vibrant and dynamic sector of the Indian economy, fostering entrepreneurship and generating self-employment opportunities at comparatively lower capital cost, next only to agriculture. At the Credit Guarantee Scheme, the review said, the Credit Guarantee for Micro and

Looking longer term, the Indian gold market is influenced by both positive and negative factors. On the upside, the economy is expected to benefit from several robust structural factors. First, rapid growth in the working age population over the next two decades will create a strong and sustained demographic dividend second, continued urbanisation will drive

The Main Convention Hall at Mahatma Mandir in Gandhinagar, Gujarat, is all set for the grand Inaugural Ceremony on January 10, 2024, marking the commencement of the much-awaited Vibrant Gujarat Global Summit 2024. The esteemed presence of Honorable Prime Minister Shri Narendra Modi will grace this inaugural event, setting the tone for a three-day summit

During the IIJS Signature 2024 event in Mumbai, Rajesh Kalyanaraman, Executive Director of Kalyan Jewellers, announced plans for the opening of their 250th showroom in Ayodhya, Uttar Pradesh, within the current quarter. The Kerala-based jewelry firm revealed intentions to launch an additional 30 showrooms in the fourth quarter of the 2023-24 fiscal year across India

Titan Company Limited (Titan), India’s leading consumer lifestyle Company, announced its results for the quarter and half year ended 30th September 2023. Titan (Standalone) recorded an income growth of 21% in Q2FY24 compared to Q2FY23. The corresponding PBT at, 1,261 crores was higher by 9% compared to, 1,155 crores achieved in Q2FY23. At the Jewellery

IGI recently analyzed a 6.01 carat pear-cut gemstone with a grading report number inscribed on the girdle corresponding to a natural diamond, but concluded that it was a laboratory grown diamond. That lab grown stone’s carat weight, physical spread, and primary qualities were a close match with the natural diamond’s online grading data. “Everyone in