National News
Gold and Silver Prices Set to Surge in 2025- Gold Could Reach Rs 90000
Gold prices in India surged by 21% in 2024, driven by central bank policies, geopolitical risks, and strong global demand. As of January 1, 2025, gold prices were Rs 78,000 per 10 grams for 24K, with predictions pointing towards a rise to Rs 85,000-90,000 in 2025. While gold outperformed other commodities in 2024, experts recommend a “buy-on-dips” strategy for investors, as prices may consolidate before further gains. Geopolitical tensions and central bank actions will continue to support the demand for gold and silver.
Silver also saw impressive gains in 2024, with prices expected to reach Rs 1.1-1.25 lakh per kg, fueled by industrial and investment demand. Experts like Manav Modi from Motilal Oswal Financial Services maintain a positive outlook for both metals in the medium to long term, forecasting potential price growth even amid market fluctuations. However, while Rs 1 lakh for gold is considered optimistic, extreme economic conditions could push it towards that mark.
National News
SEZ Units To Get Courier-Mode Facility For Export Shipments
The Facility Is Expected To Reduce The Cost and Simplify The Process Of Courier-Based Exports, Making It Easier For SEZ Exporters To Serve International E-commerce Markets.
Special Economic Zone (SEZ) units will be able to export consignments through courier mode under a new Customs facility. The move addresses a longstanding demand raised by the gem and jewellery industry, with GJEPC engaging with the authorities to extend courier-based export facilities to SEZ units, particularly for e-commerce shipments.
The Directorate General of Systems, West Zonal Unit (WZU), Mumbai, issued Advisory No. 04/SYS/WZU/2026 on 29 April 2026, allowing SEZ export consignments to be processed through an integrated ECCS–ICEGATE–ICES system. The advisory came to wider notice following a minor amendment issued on 30 October 2026.
A key provision allows courier companies to directly accept SEZ-cleared goods without involving the SEZ custodian. This is expected to reduce export costs significantly. Once implemented, the estimated savings are around Rs 6,000 per parcel at Noida Special Economic Zone (NSEZ), Rs 1,500 or more at Surat SEZ and over Rs 1,000 at Jaipur SEZ.
Under the new process, ICEGATE–ICES will handle shipping bill filing, assessment, Export Transshipment Permit – ETP filing and shipment data transmission. The Express Cargo Clearance System – ECCS will manage arrival scanning, weight recording and X-ray screening. Courier companies will continue to transport shipments through their existing hub-and-spoke networks.
Following the advisory, GJEPC initiated discussions with the authorised courier’s Customs and Compliance team to operationalise the facility. The company has agreed to pilot the process across SEZs, starting with SEEPZ, Mumbai, followed by NSEZ, Jaipur SEZ and Surat SEZ shortly after Diwali.
The facility is expected to reduce the cost and simplify the process of courier-based exports, making it easier for SEZ exporters to serve international e-commerce markets.
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