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
Shri Jitin Prasada, Hon’ble Minister Of State For Commerce & Industry, Government Of India, Inaugurates Customs Export-Import Facilitation Centre At SEEPZ-SEZ, Mumbai
State-Of-The-Art Customs Export-Import Facilitation Centre To Enhance Logistics Efficiency, Secure Handling Of Consignments, and Support MSME Exporters.
Hon’ble Union Minister of State for Commerce & Industry Shri Jitin Prasada inaugurated the Customs Export-Import Facilitation Centre (CEIFC) at SDF-VIII in SEEPZ-SEZ, Mumbai, on 19 June 2026, marking a significant step towards strengthening trade facilitation within the export zone.


The inauguration was hosted by Dnyaneshwar B. Patil, IAS, Zonal Development Commissioner, SEEPZ-SEZ. Senior officials present included Mayur R. Mankar, IRS, Joint Development Commissioner, SEEPZ; and Dr. Sandip D. Bhosale, IRS, Deputy Development Commissioner, SEEPZ.
Leading industry representatives present on the occasion included Kirit Bhansali, Chairman, GJEPC; Shaunak Parikh, Vice Chairman, GJEPC; Adil Kotwal, President, SGJMA; Colin Shah, Chairman – Working Group, Bharat Ratnam Mega CFC; and Vijay Gujarathi, Chairman, SEEMA, among other members of the trade and industry.
Shri Jitin Prasada, Hon’ble Union Minister of State for Commerce & Industry, said:

“The Customs Export-Import Facilitation Centre reflects the need to modernise with changing times. This world-class facility will particularly benefit small exporters by improving logistics and expediting clearances. India cannot afford to fall behind, and such infrastructure will strengthen our export ecosystem and enhance competitiveness. Quality remains paramount, and with a stable government and long-term vision, India is well-positioned to emerge as a global leader in trade and manufacturing.”
Shri Kirit Bhansali, Chairman, GJEPC, said:
“The FTWZ Broad-Banding approval for the Bharat Ratnam Mega CFC marks another important milestone in strengthening India’s gem and jewellery ecosystem. It transforms the Mega CFC into a global business hub by enabling international warehousing, product viewing and exhibitions under one roof. This will attract greater global participation, create new business opportunities for our MSMEs and reinforce India’s position as a preferred destination for gem and jewellery manufacturing, sourcing and trade. We thank the Government of India for its continued support in creating world-class infrastructure that enhances the competitiveness of our industry.”

The new CEIFC has been designed as a modern single-window centre that brings together key customs processes under one roof. It is equipped with dedicated infrastructure for customs examination, secure handling of valuable consignments and e-commerce operations.
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