National News
AKGSMA State President Demands GST Reduction on Gold 1%; Announces Free Gold Ear Piercing Event in Ernakulam
K. Surendran, State President of the All Kerala Gold and Silver Merchants Association (AKGSMA), has urged the central government to reduce the Goods and Services Tax (GST) on gold from the current 3% to 1%. Speaking at the inauguration of the AKGSMA Ernakulam District Committee meeting, K. Surendran pointed out that the current GST rate, introduced when gold prices hovered around Rs.20,000, is disproportionately high now that gold has crossed Rs.79,000 per 10 grams.

“Consumers are now forced to pay more than Rs.2,500 in GST alone for purchasing gold. This has become a significant burden, especially on the common man,” said Surendran. He also demanded the introduction of Equated Monthly Installments (EMI) options for gold ornament purchases, which would make it more accessible to middle and lower-income families
The meeting was presided over by Cyriac V. Joseph, who also serves as the newly elected General Secretary of the Ernakulam District Committee. Prominent state-level leaders including AKGSMA General Secretary Adv. S. Abdul Nazar, Treasurer C.V. Krishnadas, Working President P.K. Ayamuhaji, and Working General Secretaries B. Premanand and M. Vineeth addressed the gathering.
Free Gold Ear Piercing Event on September 17
In a unique community outreach initiative, the AKGSMA Ernakulam District Committee announced that it will organize a Free Gold Ear Piercing Ceremony (Kathukuthi Kammalidal) on September 17. As part of the event, gold earrings will be provided completely free of cost to children.
Parents of eligible children are requested to register in advance by contacting:
- District General Secretary Cyriac V. Joseph at 99958 30328
- District Treasurer Sameer Fathoom at 77369 99997
New Office Bearers Elected for AKGSMA Ernakulam District Committee

During the meeting, the following office bearers were elected to lead the Ernakulam District Committee of AKGSMA:
- President: Shafiq A. (AGD Gold and Diamonds, Kochi)
- General Secretary: Cyriac V. Joseph (Cyriac Diamonds)
- Treasurer: Sameer Fathoom
- Working President: Benny Kuriakose (Abhishekam)
- Vice Presidents: Shihab (Nakshatra) and Job T.R
- Secretaries: Arun Sangeet and Shaan Alain
The association reaffirmed its commitment to protecting the interests of gold and silver merchants across Kerala while also promoting customer-friendly initiatives and transparency in the sector.
National News
Kangana Ranaut Unveils PNG Jewellers New Showroom In Ayodhya~
The Store Is PNG Jewellers’ 81st Overall and Its Fifth In UP following Lucknow, Kanpur, Gorakhpur and Varanasi.
Member of Parliament and Indian film actor Kangana Ranaut inaugurated PNG Jewellers new store in Ayodhya. The store is PNG Jewellers’ 81st overall and its fifth in UP following Lucknow, Kanpur, Gorakhpur and Varanasi. Located next to Rikabganj Women Police Station, the new store gives Ayodhya customers access to PNG Jewellers’ products, collections, and quality service closer to home.
Dr. Saurabh Gadgil, CMD- PNG Jewellers, said:

“Opening a store in Ayodhya is a special moment for us. We have received an encouraging response from customers across Uttar Pradesh, and we are pleased to bring PNG Jewellers closer to people in and around Ayodhya. We look forward to being part of their weddings, festivals and family celebrations, while offering the legacy, trust and craftsmanship that our brand has stood for over generations.”
Kangana Ranaut added:
“Ayodhya holds a special place in the hearts of so many people, and I am delighted to be here for the opening of PNG Jewellers’ new store. Jewellery is closely woven into how we celebrate our traditions, weddings and important moments with family. I wish the PNG team every success in Ayodhya.’’

The occasion also marks the debut of Ram Katha, an exclusive collection inspired by the Ramayana and the historical, cultural and spiritual heritage of Ayodhya. Launched by Kangana Ranaut, the collection is being introduced in its initial phase across PNG stores in North India

The store also showcases a range of gold, diamond, temple and bridal jewellery for weddings, festive occasions and everyday wear. Customers can explore PNG Jewellers’ collections, including Saptam, Katha, Pratha, Eiina and Polmi, with designs crafted for local tastes.

Ayodhya, revered as the birthplace of Lord Shree Ram, draws people from across the country for its temples, festivals and deeply rooted traditions. Jewellery is closely tied to weddings, festivals and family celebrations in the city. The new store allows PNG Jewellers to serve local customers more conveniently while continuing its expansion in Uttar Pradesh. To celebrate the opening, the brand introduced limited-period inaugural offers of up to 50% off on gold jewellery making charges and up to 100% off on diamond jewellery making charges*, valid till 15th November, 2026.
Adding to the excitement of the festive season, PNG Jewellers brings together its brand ambassadors Madhuri Dixit-Nene and Ranbir Kapoor for the first time in a special festive television commercial. The campaign marks a significant moment, bringing together two of Bollywood’s most iconic stars in a celebration of tradition, elegance and contemporary appeal. This much-awaited collaboration also reflects PNG Jewellers’ vision of connecting its nearly two-century-old legacy with a new generation of consumers.
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