All India Jewellery Associations
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Nirav Modi's Seized Assets And The Problems They May Present
As the Punjab National Bank tries to recover its 11,300-crore dues from celebrity jeweller Nirav Modi, the government has said that nearly half the amount has been recovered by the Central agencies that are investigating the case. While the figure quoted - Rs 5,700 crore -- looks good on paper, getting the money back could be a long-haul process.
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Nirav Modi Case Updates: Celebrity Jeweller In New York As Authorities Race To Bring Him To India
Celebrity jeweller Nirav Modi, who has been accused by Punjab National Bank (PNB) of swindling the second-biggest state-run bank of over Rs 11,000 crore, is wanted by Indian authorities. Last month, Mr Modi was raided over charges that he and his associates swindled Rs 280 crore from PNB. In a new complaint this week, PNB pegged the scam at much mo...
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Priyanka Chopra Seeks Legal Opinion On Exiting Deal With Nirav Modi
Priyanka Chopra, roped in last year as ambassador for Nirav Modi's jewellery designer brand, hasn't sued the billionaire but is getting legal opinion to cancel her deal, the actor's spokesperson said after the 48-year-old emerged as the target of a massive probe into an 11,000 crores scandal.
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Uttar Pradesh Police Arrest 5 Accused In Mathura Jewellers' Murder Case
The Uttar Pradesh police today have arrested five accused for killing two jewellers in Mathura earlier this week. Six armed robbers had barged into the jewellery shop in Koyalawali Gali and opened fire that killed the two traders. Two others were injured in the incident. The accused came on motorbikes and escaped with money and gold worth Rs 4 cror...
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Jewellers' Strike Against Excise Duty Enters Seventh Day
A strike by bullion traders and jewellers continued for the seventh day on Tuesday to protest the Budget proposal to impose 1 per cent excise duty on jewellery, despite the Centre's assurance that it would look into the issue.
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Jewellers Extend Pan-India Strike Till March 7
Jewellers, protesting throughout the country against the government proposal to re-impose 1 per cent excise duty, have decided to extend their strike till March 7, industry body, All India Gems and Jewellery Trade Federation (GJF) said today.
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Indian Gold Refiner Set to Receive Global Quality Tag
MMTC-PAMP has become the first Indian gold refiner to join the London Bullion Market Association's good delivery list, a global benchmark for quality, which could help encourage Indians to sell hoarded stocks of gold bars and jewellery.
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Gold sales on Dhanteras hurt by inflation, say experts
Gold sales on the occasion of Dhanteras were down by about 50 per cent despite lower price as sluggish demand for bars and coins amid high inflation and weak economic outlook dimmed the sparkle of the precious metal.
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Gold demand lacklustre; prices recover from 2-month low
Gold demand in India, the world's biggest buyer of the metal, stayed lacklustre after last week's festivals amid high premiums, even as prices edged higher from their lowest level in two months.
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India poised for gold scrap supply surge as import curbs bite
Scrap gold supply in India could race to at least 300 tonnes - topping flows seen in recent years - two major industry bodies said on Tuesday, as government moves to curb bullion imports lead to a jump in premiums on fast-shrinking supplies.
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Gold imports likely to dip by about 24 per cent in June: industry body
Gold imports are estimated to fall by around 24 per cent to about 38 tonnes in June following restrictions on imports and jeweller associations banning sale of coins and bars, an industry body has said.
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Nirav Modi's Seized Assets And The Problems They May Present
As the Punjab National Bank tries to recover its 11,300-crore dues from celebrity jeweller Nirav Modi, the government has said that nearly half the amount has been recovered by the Central agencies that are investigating the case. While the figure quoted - Rs 5,700 crore -- looks good on paper, getting the money back could be a long-haul process.
-
Nirav Modi Case Updates: Celebrity Jeweller In New York As Authorities Race To Bring Him To India
Celebrity jeweller Nirav Modi, who has been accused by Punjab National Bank (PNB) of swindling the second-biggest state-run bank of over Rs 11,000 crore, is wanted by Indian authorities. Last month, Mr Modi was raided over charges that he and his associates swindled Rs 280 crore from PNB. In a new complaint this week, PNB pegged the scam at much mo...
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Priyanka Chopra Seeks Legal Opinion On Exiting Deal With Nirav Modi
Priyanka Chopra, roped in last year as ambassador for Nirav Modi's jewellery designer brand, hasn't sued the billionaire but is getting legal opinion to cancel her deal, the actor's spokesperson said after the 48-year-old emerged as the target of a massive probe into an 11,000 crores scandal.
-
Uttar Pradesh Police Arrest 5 Accused In Mathura Jewellers' Murder Case
The Uttar Pradesh police today have arrested five accused for killing two jewellers in Mathura earlier this week. Six armed robbers had barged into the jewellery shop in Koyalawali Gali and opened fire that killed the two traders. Two others were injured in the incident. The accused came on motorbikes and escaped with money and gold worth Rs 4 cror...
-
Jewellers' Strike Against Excise Duty Enters Seventh Day
A strike by bullion traders and jewellers continued for the seventh day on Tuesday to protest the Budget proposal to impose 1 per cent excise duty on jewellery, despite the Centre's assurance that it would look into the issue.
-
Jewellers Extend Pan-India Strike Till March 7
Jewellers, protesting throughout the country against the government proposal to re-impose 1 per cent excise duty, have decided to extend their strike till March 7, industry body, All India Gems and Jewellery Trade Federation (GJF) said today.
-
Indian Gold Refiner Set to Receive Global Quality Tag
MMTC-PAMP has become the first Indian gold refiner to join the London Bullion Market Association's good delivery list, a global benchmark for quality, which could help encourage Indians to sell hoarded stocks of gold bars and jewellery.
-
Gold sales on Dhanteras hurt by inflation, say experts
Gold sales on the occasion of Dhanteras were down by about 50 per cent despite lower price as sluggish demand for bars and coins amid high inflation and weak economic outlook dimmed the sparkle of the precious metal.
-
Gold demand lacklustre; prices recover from 2-month low
Gold demand in India, the world's biggest buyer of the metal, stayed lacklustre after last week's festivals amid high premiums, even as prices edged higher from their lowest level in two months.
-
India poised for gold scrap supply surge as import curbs bite
Scrap gold supply in India could race to at least 300 tonnes - topping flows seen in recent years - two major industry bodies said on Tuesday, as government moves to curb bullion imports lead to a jump in premiums on fast-shrinking supplies.
-
Gold imports likely to dip by about 24 per cent in June: industry body
Gold imports are estimated to fall by around 24 per cent to about 38 tonnes in June following restrictions on imports and jeweller associations banning sale of coins and bars, an industry body has said.
