IBJA calls for nationwide bandh from 1st March 2016 onwards for Gem and Jewellery sector in response to levying of excise on jewellery in the union budget.
Monday, 29 February 2016
AOJFlashNews : IBJA releases two Books 1919 to 2012 & 1050 days.
IBJA releases two Books 1919 to 2012 & 1050 days
Budget Reactions : Excise duty should be rolled back - Fatehchand Ranka
Budget Reactions : Excise duty should be rolled back - Fatehchand Ranka
Budget Reactions : Budget is driving away the artisans - Bachhraj Bamalwa
Budget Reactions : Budget is driving away the artisans - Bachhraj Bamalwa
US precious-metals trade probe shifts from antitrust to fraud
The US Justice Department closed antitrust investigations of at least
three banks into possible manipulation of precious-metals markets,
according to people familiar with the matter, though its fraud
investigation into the conduct continues.The department’s
antitrust division has closed Read More
US jewellery, watch sales rise for ninth month in a row
Prospects of gold hitting Rs 31K per 10 gram fade after strong US data
Chances of gold testing Rs 31,000 per 10 gm in a month receded on Friday
as US reported faster than estimated economic growth in the fourth
quarter, and as personal income and spending both rose in January. This
sparked market concerns of the US Federal Reserve continuing to raise
interest rates this year after doing so for the first time in a decade
in december. Read More
Vedanta bags India's first gold mine auction
India gold futures jump as govt keeps import duty intact
Gold prices in India, the world's second biggest consumer, jumped 1.4
percent on Monday after Finance Minister Arun Jaitley surprised the
market by maintaining the import duty at a record level in the budget.Read More
Budget disappoints jewellery sector, 1% excise duty levied
Budget Reactions : Negative impact on business - Vijay Khanna
Budget Reactions : Negative impact on business - Vijay Khanna
Budget Reactions : Bringing ‘Inspector Raj’ back - G V Sreedhar
Budget Reactions : Bringing ‘Inspector Raj’ back - G V Sreedhar
Budget Reactions : Excise duty - Unacceptable move - Anantha Padmanaban
Budget Reactions : Excise duty - Unacceptable move - Anantha Padmanaban
Budget Reactions : Disappointing Budget - Mohit Kamboj
Budget Reactions : Disappointing Budget - Mohit Kamboj
Sunday, 28 February 2016
AOJ Live Budget Updates : Impact on Gem & Jewellery Sector
- 1% excise duty levied on Gold & Diamond Jewellery.
- TCS on sale of 2 lakh and above also introduced.
- No change in Gold Import Duty.
Friday, 26 February 2016
Reader’s Response :
I am a
regular reader oh The ART of Jewellery daily e-newsletter and I find it very
informative. It keeps us updated of all the national and international news and
events of jewellery industry.
Vijay Garg
Laxmi
jewellers
Kolkata
Reader’s Response :
I really loved
your article on “Valentine Day”. Information related to Valentine Day jewellery
was really helpful.
Reena
Surana,
Rajasthan
Reader’s Response
I
liked you cover story “Bajirao Mastani Jewellery- Conquering Millions of
Hearts” . We are pleased with the article and whole issue was fabulous.
Piyush
Gupta
Gupta
Jewellers, Alwar
AOJ Flash News
Ahead of Union Budget, The Economic Survey for 2015-16 has
hinted at higher taxes on gold and jewellery sector. Speculation of hike in
import duty and re-imposition of excise duty on jewellery manufacturing sparks
worry in the trade. Now all eyes on FM's Budget speech on 29th Feb.
Prince jewellery opens its new showroom in Velachery, Chennai
Prince Jewellery opens its new showroom at Velachery today. This is
third outlet for Prince Jewellery in Chennai. Extended across 6000 sq.ft, the
showroom is situated in one of the prime and busiest locations in the city on
100 ft Bypass Road....Read More
AOJ Exclusive: Jewellers expect FM to keep the gold import duty unchanged
In the upcoming
budget which is on 29th Feb, 2106 jewellers are expecting FM to keep the gold
import duty unchanged. AOJ conducted opinion poll with nearly 650 jewellers
(retailers and manufacturers across India)...Read More
China plans to launch yuan-denominated gold fix on April 19
China plans to launch its new yuan-denominated gold pricing
fix on April 19 this yearThe launch date has been officially settled and draft
trading rules have been sent out to those banks that will be involved in the
Shanghai fixing, FastMarkets understands....Read More
PC Jeweller to open its new showroom at Udaipur in Rajasthan
PC Jeweller is in process to open its 60th
showroom at Plot No. 20, Residenacy road, Udaipur (Rajasthan) on February 28,
2016. The showroom is spread across a total area of 2,008 square feet....Read More
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