Gold demand in India rose 19.2% in Apr-Jun: WGC
Business | July 29, 2021 14:15 IST"Demand for gold in India for Q2 2021 was at 76.1 tonne, increase by 19.2 per cent as compared to overall Q2 demand for 2020 (63.8 tonne)," it said.
"Demand for gold in India for Q2 2021 was at 76.1 tonne, increase by 19.2 per cent as compared to overall Q2 demand for 2020 (63.8 tonne)," it said.
While veteran actress Shagufta Ali survived breast cancer, her health keeps deteriorating. She has been struggling to pay for the medical treatment for herself and her 73-year-old mother. The actress has even sold her car and jewellery to run the house.
The unidentified accused shot shop owner Vikas Pandey (46) in his head, killing him on the spot, and managed to collect all the jewellery they could find in two travel bags, he said.
Moisture hampers the quality of numerous metal alloys and tarnishes their original lustre. Here are some tips on how to protect your various jewellery pieces.
The thieves rented a hotel next to a jewellery shop by paying Rs 10,000 as a deposit. Later, they took the key for cleaning and setting up the furniture.
Bureau of Indian Standards Hallmarking on Wednesday said that old jewellery without hallmark can be sold to jewellers, jewellery shops, who will then be responsible for hallmarking it or making new jewellery from it by maintaining standards.
According to the reports, the seized cash amount was allegedly kept in different envelopes, some of the bundles marked/written with names of the parties, dates and amounts.
The Centre on Monday further extended the deadline for mandatory hallmarking of gold jewellery and artefacts by a fortnight till June 15 in view of the COVID-19 pandemic.
The Centre, in November 2019, had announced that hallmarking of gold jewellery and artefacts would be made mandatory across the country from January 15, 2021. The government had given jewellers more than a year to shift to hallmarking and register themselves with the Bureau of Indian Standards (BIS).
COVID cases continued to surge in Bihar and during this time, jewellers in Patna are facing hardship. The increased number of COVID cases has hampered jewellery sales during wedding season. A jeweller in Patna said, "Last year was very bad for us.
A 15.81 carat Sakura diamond, the largest of its kind to ever appear for sale, will go under the hammer at Christie’s upcoming Hong Kong Magnificent Jewels Live Auction on May 23, the auction house announced on Tuesday.
Rising into the festive week, gold buyers in Surat rejoiced the fervour as the shining metal prices plunges to Rs 46,300 mark for 10 grams on March 13.
The searches, so far, have resulted in the detection of undisclosed income of more than Rs. 1000 crore. Unaccounted cash of Rs. 1.2 crore has been seized so far.
The four gang members were arrested by a joint team of Sahibabad and Loni police from the Karangate police outpost roundabout at Loni road.
A special investigation team has been constituted to probe the matter, Senior Superintendent of Police Nitasha Gudiya said.
The Modi government has announced a cut in the import duty on gold and silver, a move welcomed by the industry as it will bring down prices of precious metals in the domestic market and boost exports of gems and jewellery.
In a shocking incident, a jewellery shop in Mumbai was looted in a broad daylight.
All the five accused had entered the store posing as customers and checked the security systems inside. Later, one of the accused threatened the employees at the store at gunpoint.
The gem and jewellery industry wants the Modi government to reduce customs duty on gold, withdraw of tax collected at source, cut in import duty on polished precious and semi-precious gemstones.
Describing the alleged tax evasion modus operandi deployed by one of the raided entity, a developer and coloniser in Rajasthan's capital Jaipur, the CBDT said "complete details" of unaccounted transactions of this group for the last 6-7 years were "hidden" in the basement of the main business premise.
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