National News
Kumari Fine Jewellery Celebrates the “Modern Indian Original” with Exclusive Women’s Day Showcase
The Women’s Day showcase highlights self-bought milestones and positions lightweight gold jewellery as a symbol of independence, identity, and modern professional style.
Mumbai’s leading lightweight fine jewellery brand, Kumari Fine Jewellery, has unveiled its International Women’s Day 2026 showcase, celebrating every Kumari’s financial independence, personal style, and the power of self-expression. Reimagining the occasion as a tribute to the “Modern Indian Original,” the brand positions precious jewellery not as a passive asset, but as an active styling statement for women who invest in themselves.
This Women’s Day, Kumari brings an exhibition creating an exclusive experience for women who view gold as a reflection of identity rather than an occasion. Designed for working professionals, entrepreneurs, and corporate leaders, the showcase centres around the idea of the self-bought milestone, encouraging women to commemorate their achievements with jewellery that anchors confidence and presence.
The exhibition will feature a thoughtfully curated selection of signature pieces styled for work, travel, and celebration. From refined everyday gold essentials to statement accents that transition seamlessly from boardroom meetings to evening parties, each design reflects Kumari’s contemporary aesthetic and commitment to versatility. The brand’s design philosophy focuses on wearability, styling intelligence, and modern relevance, ensuring precious jewellery becomes an integral part of the active, social, and professional lives of contemporary women.
Speaking about the campaign, Supriya Kataria, Founder, Kumari Fine Jewellery, said, “Our vision has always been to design for the Modern Indian women who lead, create, and define their own journey. This showcase invites you to honour your personal milestones with jewellery that anchors your confidence, serving as a powerful reflection of both identity and achievement.”
Extending the initiative offline, Kumari Fine Jewellery will host a pop-up experience on 5 & 6th March 2026 at Parinee Crescenzo, Business Park, One BKC, Mumbai, inviting guests to experience a space where gold is not simply purchased, but personally claimed as a marker of growth, independence, and self-expression.
National News
Gold Industry Proposes New Strategy To Cut Imports and Boost Local Economy
Precious Metals Refineries Forum (PMRF) Has Proposed A Two-Track System To Manage Gold More Efficiently
Following Prime Minister Narendra Modi’s call to reduce gold imports and foreign travel, major Indian bullion and jewellery bodies have submitted a new plan to the government and the Reserve Bank of India (RBI). The strategy aims to lower the nation’s trade deficit by tapping into the estimated 30,000 tonnes of gold sitting in Indian households.
This move comes after India’s gold imports jumped 24% to a record $71.9 billion in the 2025-26 financial year, with over 721 tonnes of gold brought into the country.
The New Strategy: Two Separate Systems
The Precious Metals Refineries Forum (PMRF) has proposed a two-track system to manage gold more efficiently:
- For Exporters: Imported gold should be strictly saved for jewellery exporters using one-year Gold Metal Loans (GML).
- For Local Buyers: Domestic demand should be met entirely by recycling household gold. This gold would be collected from citizens, refined locally, and sold back through jewellers and retailers.
Under this plan, people who deposit their idle gold could earn 2% to 2.5% interest, while businesses taking gold loans would pay an interest rate of 3% to 4%.
Fixing Why Past Schemes Failed
Previous government gold schemes failed to gain traction primarily because they left out local jewellers and lacked a proper banking structure. Without a joined-up system, institutions faced high financial risks from changing gold prices.
To fix this, trade bodies are calling for a complete system that includes:
- Direct involvement of trusted local jewellers. The schemes did not take off in the past because jewellers were not part of them. About 10% to 20% of family gold is held as bars or coins.
- Strong bank backing and secure storage vaults across the country.
- Tax incentives, such as removing the 3% GST loss when physical gold is converted into Electronic Gold Receipts (EGR), and offering income tax relief on the interest earned.
Industry Support
Industry experts say a smooth system is already possible. Collection and purity testing centres have confirmed that collected household gold can be processed within 48 hours and safely moved to secure, bank-approved vaults.
Representatives from the Indian Bullion and Jewellers Association (IBJA) recently held discussions with RBI officials to fast-track these changes.
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