National News
MMTC-PAMP Unveils Jyoti 2gm Gold Coin, Celebrating The Spirit Of Dhanteras and Diwali
Inspired By The Traditional Diya, The 2gm Gold Coin Symbolises Prosperity, Hope and Auspicious Beginnings During India’s Festive Season
MMTC-PAMP, India’s only London Bullion Market Association (LBMA) Good Delivery gold and silver refiner, has introduced the Jyoti 2gm Gold Coin ahead of Dhanteras and Diwali, bringing together the significance of traditional rituals and the enduring appeal of gold. Inspired by the Indian tradition of lighting a diya to welcome prosperity and good fortune, the coin celebrates the spirit of festive gifting and auspicious new beginnings.
The obverse features a distinctive flame-inspired motif, representing the radiant glow of gold and the symbolism of light in Indian traditions. A Jyoti, or flame, has long represented hope and the welcoming of auspiciousness into homes. The design draws on this cultural association, making the coin a fitting addition to the celebrations and traditions that accompany the festive season.
The reverse features a pair of footprints, symbolising the arrival of prosperity and auspiciousness. Complementing the coin, its packaging carries traditional artwork depicting a diya, Goddess Lakshmi and Lord Ganesha. Together, these elements reflect the customs associated with welcoming blessings and prosperity, lending the product a distinct festive identity.
Speaking on the launch, Samit Guha, Managing Director & CEO, MMTC-PAMP, said:

“Festivals such as Dhanteras and Diwali hold a special place in Indian households, with gold and traditional rituals forming an integral part of the celebrations. The Jyoti Gold Coin draws inspiration from the familiar tradition of lighting a diya and the sentiments of prosperity and new beginnings it represents. Through this offering, we bring together the purity of gold and a design rooted in India’s cultural heritage, creating a gift that consumers can share with their loved ones during the festive season.”
Crafted in 2gm of 24K gold of 999.9+ purity, the Jyoti Gold Coin is designed for consumers looking to mark Dhanteras, Diwali and other special occasions with a gold gift. Its flame-inspired design and traditional packaging combine cultural significance with the enduring appeal of gold.
Every MMTC-PAMP product undergoes a rigorous purification process to ensure high standards of purity and quality. Each product carries a unique identification number and is packaged in Assayer-certified packaging to assure authenticity and trust. Additionally, every gold and silver product purchased from MMTC-PAMP offers positive weight tolerance, ensuring customers receive more than the stated weight with every purchase.
MMTC-PAMP products are available at their exclusive stores, leading jeweller partners, online marketplaces such as Amazon and Flipkart, or directly from MMTC-PAMP’s official website, https://www.mmtcpamp.com/
National News
IAGES Receives Strong Response To IAGES–SPJIMR Advanced Leadership Programme In Gold Entrepreneurship
Next-Generation Leaders From Gold Business Entities Across India Join The Inaugural Cohort
The Advanced Leadership Programme in Gold Entrepreneurship, developed by the Indian Association for Gold Excellence and Standards (IAGES) jointly with SPJIMR (Bharatiya Vidya Bhavan’s S. P. Jain Institute of Management & Research), has received a strong response from gold businesses across the value chain. The first batch of the six-month programme begins on 17 November 2026.
Since the programme was announced in August 2026, enquiries have come in from gold business entities in metros as well as Tier II and Tier III cities. These businesses share a common need: next-generation leaders who learn sound finance, inventory and compliance practices, brand-building and succession planning to augment the trade knowledge they already have.
The inaugural cohort brings together gold business entities from across the country, and includes:
• Mr. Suyash Bansal, B.K. Saraf Private Limited, Lucknow
• Mr. Rishi Jain, Shankheshwar Jewellers, Mumbai
• Mr. Keval Radhanpura, N J Arts, Rajkot
• Mr. Darshan Patel, Samarth Jewellers, Ahmedabad
• Mr. Aryan Anand, Harsahaimal Shiamlal Jewellers, Bareilly
• Ms. Aishwarya Verma, Kuldip Sons Jewellers Pvt. Limited, Jamshedpur
• Mr. Ishaan Jain, Jodhamal Kailashchand, Meerut
• Mr. Azaz Mirza, Kalamandir, Surat
• Mr. Vivan Ranka, Ranka Jewellers, Pune
• Mr. Samyak Shah, Chandukaka Saraf Private Limited, Baramati
• Ms. Pradnyapti Jain, Chandukaka Saraf Private Limited, Baramati
• Mr. Sarthak Singhal, Singhal Jewels and Gems Private Limited, Ghaziabad
• Mr. Tanishq Soni, Govind Ram Jewellers, Lucknow
• Mr. Aman Talla, Talla Jewellers, Jammu
• Mr. Ipsit Karmakar, Bidhan Jewellers, Siliguri
The curriculum is built around the daily realities of every gold business entity: working capital and gold hedging, taxation, BIS hallmarking and compliance, ethical sourcing, the IAGES Code of Conduct, pricing and margins, building a brand, and professionalising the family business, along with AI for business and marketing. It includes 75+ campus sessions, three weeks at SPJIMR’s Mumbai campus and IAGES-led industry sessions. Those who complete the programme receive SPJIMR Executive Alumni status.
Kaushlendra Sinha, Chief Executive Officer, IAGES said:

“The response shows that our industry is ready to invest in its own future. These young leaders come from both IAGES accredited and non-accredited businesses that have earned customer trust over decades, and they are now preparing to run those businesses with stronger systems, governance and transparency. We look forward to welcoming them to the first batch.”
A few seats remain in the first batch, and applications are open until 31 October 2026. Gold businesses that want to prepare their next generation of leaders can find programme details at www.iages.com.
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