National News
AKGSMA State Council Camp demands GST on gold ornaments be reduced to 1%
P N Gadgil Jewellers Ltd, with over 192 years of legacy in gold, silver, and diamond jewellery, announced its unaudited financial results for the quarter ended June 30, 2025.
The All Kerala Gold & Silver Merchants Association (AKGSMA) State Council Camp demanded that the GST on gold ornaments be reduced to 1%. Discussions on various issues faced by gold merchants in Kerala were held at the camp. The council decided to urgently approach the Central and Kerala State governments to bring the issues to their attention.
When GST was implemented, the price of gold, which was Rs. 20,000 per piece, is now above
Rs. 75,000. The huge increase in the price of gold has made it a big burden for consumers to have to pay a tax of Rs. 2,500 when buying a piece of gold ornament.
President K. Surendran presided over the camp. General Secretary Adv. S. Abdul Nazar, Treasurer C.V. Krishnadas, and other senior members addressed the attendees.
National News
Cosmos Diamonds Makes History With World’s First LGD  Jewellery  Launched Into Space
The Launch Also Reinforces India’s Emergence As A Global Innovation Hub Where Startups From Diverse Sectors Are Forging Unconventional Partnerships.
In a landmark moment where luxury, science and space exploration converged, Sanjana Tripuramallu, founder of Bengaluru-based Cosmos Diamonds, has achieved a global first by collaborating with private space company Skyroot Aerospace to send Cosmos Bloom, the world’s first lab-grown diamond (LGD) jewellery creation into space aboard the Vikram-1 rocket.



The Cosmos Bloom Diamond  is handcrafted in 18 kt gold using 32 pear-cut LGDs arranged in the form of a blooming lotus and mounted on a specially engineered aluminium base plate. It is designed to withstand the extreme conditions of launch and spaceflight. The space-bound jewel is valued at Rs 11 lakh and combines Indian craftsmanship, technology, and innovation.
The launch also reinforces India’s emergence as a global innovation hub where startups from diverse sectors are forging unconventional partnerships. While Skyroot Aerospace showcased the country’s private launch capabilities through Vikram-1, Cosmos Diamonds used the mission to tell a powerful story of Indian design and scientific ambition on an international stage. With the successful launch of the world’s first lab-grown diamond jewel into orbit, Sanjana Tripuramallu and Cosmos Diamonds have etched their names into both jewellery and space history, demonstrating that the future of luxury may well extend beyond Earth itself.
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National News13 minutes agoCosmos Diamonds Makes History With World’s First LGD  Jewellery  Launched Into Space

