National News
Budget 2025-26:Jewellery stocks surge on tariff duties reduction
Shares of jewellery companies surged up to 9% on the BSE today after the government, in its Union Budget 2025 presented by Finance Minister Nirmala Sitharaman, reduced tariff duties on jewellery to 20%.
On Feb 1 after budget announcement the shares of PN Gadgil Jeweller were up by 9% at Rs 615.55 on the BSE, while Senco Gold suged by 4.9% to Rs 492.55 and RBZ Jewellers shares going up by 3.46% at Rs 190.Kalyan Jewellers shares were up by 2.7% at Rs 3,584.60 .Titan rallied by 2.7% and Tribhovandas Bhimji Zaveri (TBZ) shares surged by 2.3%.
National News
GJEPC Hosts Outreach Session on Bullion Procurement in Delhi
GJEPC’s Delhi Regional Office held a focused Outreach Session on bullion procurement through India International Bullion Exchange (IIBX) and MSME scheme benefits on 2 December 2025. The event drew 52 jewellers, bullion dealers and TRQ holders.
Ashok Seth, Co-Convener – Northern Regional Sub-committee, opened the session by welcoming participants. Mukesh Sharma, Head – Business Development, IIBX, led the first segment with a walkthrough of how the IIBX can support bullion imports, gold price risk hedging and access for Advance Authorisation licence holders, Qualified Jewellers and TRQ holders.
Attendees also received an update on MSME scheme benefits from Hemant Sharma, Under Secretary, Ministry of MSME, who outlined key support measures available to the sector.
In his concluding note, Ashuthosh Srivastava, Regional Director (North), GJEPC, urged the industry to make use of the AEO Programme and the Trade Connect platform. He also shared updates on IIJS Bharat Signature 2026 and encouraged members to participate in the upcoming edition.
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