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Import of Gold to Attract 3% GST Says CBEC in FAQs for G&J Sector
Aug 21, 2017
Imports of gold and other precious metals will attract 3% IGST, payable by the importing bank /nominated agency, the Central Board of Excise & Customs (CBEC) has clarified in its latest set of FAQs related to the gems and jewellery industry.
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ICEX Sees Brisk Trading in Mock Session For Diamond Futures
Aug 21, 2017
Reports in the Indian media say that ICEX, which had recently got SEBI permission to trade in Diamond Futures contracts, has completed a week of mock trading in a run up to opening up for business reportedly from August 28, 2017 onwards.
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Peregrine Completes Rights Offering; To Boost Operations of Chidliak Project
Aug 21, 2017
Peregrine Diamonds Ltd. has announced the completion of its rights offering of $10,282,603, announced on July 10, 2017.
News
Surat Diamantaire to Offer Training in Diamond Cutting to Inmates of City Jail
Aug 21, 2017
Authorities in the district jail in Surat in association with a local diamond manufacturer have initiated a programme to train select inmates in the art of cutting and polishing diamonds so that they can find employment more easily on completion of their term, according to a media report.

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Metal & Currency Rates

  • GOLD$ 1295.80 PER T.O. (0.999)
  • SilverNA PER T.O. (0.999)
  • US Dollar64.17853
  • Euro75.36158