YOUR RESPONSE: On Coverstory- Nikhil Desai

I have been hearing about GST since a long time. Hope the central government take cognisance of the benefits that would trickle down to each one in the supply chain as well as the end-users with the implementation of GST.

Nikhil Desai
Owner
Charu Jewels, Surat

YOUR RESPONSE: On Coverstory- R Santosh Kumar

Thanks for an informative cover story on GST. Until reading the article on GST, I was unaware of its benefits to the jewellery trade. GST will help the jewellery industry in opening avenues and thereby, remove the current inefficiencies in the supply chain. Hope the new government in the centre fast-tracks the process of implementation.

R Santosh Kumar
Owner
Sri Paras Jewellery House, Trichy

Quote of the day 3rd April 2015

“The new norms in the foreign trade policy will help control circular-trading of gold jewellery; those genuinely adding value will continue to do well.”

Pankaj Parekh, Vice Chairman, Gems and Jewellery Export Promotion Council

Quote of the day 3rd April 2015

“Kalyan Jewellers will bring the finest shopping experience to cater to the distinct demands of jewellery connoisseurs in its new flagship store in Chennai, spread across 40,000 sq ft with more than 5 lakh designs in gold and diamond jewellery at display.”

Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers

Govt tightens value addition norms for gold jewellery to stop circular trading

In the new Foreign Trade Policy announced on Wednesday, the government has tightened value-addition and wastage norms for the export of gold jewellery. The new norms will help restrict round-tripping of gold and cut its import of the commodity into the country. read more

Mumbai gold premium drops amid rumours of March import surge

The premium for gold in Mumbai has fallen amid indications that there has been a surge in imports into India in March, although the reports remain unconfirmed. The rate on gold for immediate delivery in the Indian capital has dropped read more

Kalyan Jewellers to launch its flagship store in Chennai on April 17; spread across 40,000 sq with 5 lakh designs at display

Kalyan Jewellers has launched a new multimedia campaign to announce the inauguration of its flagship showroom in Chennai on April 17, 2015. The new showroom is spread over 40,000 sq. feet and will display more than 5 lakh designs of gold and diamond jewellery. read more