Latest News on Gjc
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Gjc - Total results - 7
Oct 26, 2019
Economic slowdown impact: Gold, silver sales down by up to 40% this Dhanteras; high prices, low consumer spend hit demandDhanteras was a muted affair in most markets across the country with traders complaining of lesser footfall and reduced consumer spending.
Jul 31, 2019
GJC urges govt to rollback import duty on gold; seeks comprehensive integrated policy to save gems and jewellery sectorReduction in gold duty will directly reduce social and economic menace in the country, he said.
Jul 26, 2019
Gold demand zooms in June quarter, but likely to lose sheen in 2019 on rising prices, hike in customs dutyLocal gold prices hit a record Rs 35,960 ($519) per 10 grams on Tuesday, having jumped more than 10% over the past month, rising in line with international prices on tensions in the Middle East.
Jun 26, 2019
India's gold demand may fall to three-year low as prices hit record high; lower domestic purchases to affect rally in global ratesLocal gold prices hit a record Rs 35,960 per 10 grams on Tuesday, having jumped more than 10 percent over the past month, rising in line with international prices on tensions in the Middle East.
Nov 06, 2018
Gold glitters on Dhanteras despite rise in prices on fears of further hike; sales up 15% after a sluggish startDhanteras is considered to be an auspicious day for buying gold, silver and other valuables and is largely celebrated in northern and western parts of India.
Nov 05, 2018
Gems and jewellers' body GJC accuses harassment by government officials ahead of DiwaliSeveral incidents have come to light wherein the police, income tax officials and GST officials have conducted "illegal raids" on jewellers, especially the small and medium-sized players, it said
Jul 18, 2018
PNB scam : Jewellers find availing funds from banks a challenge after Nirav Modi, Mehul Choksi fraudNirav Modi and Choksi are being investigated by the Enforcement Directorate (ED) for allegedly cheating Punjab National Bank (PNB), the country's second largest lender, to the tune of more than $2 billion or over Rs 13,000 crore.