National News
MMTC-PAMP unveils Lord Shiva 50gm silver bar. A timeless tribute to cosmic power and devotion
MMTC-PAMP unveils 50g Lord Shiva Silver Bar in 999.9+ purity, blending Swiss craftsmanship with India’s spiritual artistry
MMTC-PAMP, India’s only London Bullion Market Association (LBMA) accredited Good Delivery gold & silver refiner, is proud to launch the Lord Shiva 50 grams 999.9+ purity Silver Bar, an exceptional collectible that celebrates the timeless devotion to Lord Shiva, a deity deeply revered in Hinduism.
This silver bar is a spiritual masterpiece, a visual embodiment of Lord Shiva’s cosmic power, serenity, and divine guardianship. Crafted with the Finest Swiss Craftmanship blended with India’s rich artistic heritage, the front side of the bar showcases Lord Shiva seated in a meditative pose amid a celestial backdrop. His aura radiates calm strength as he cradles the planet Earth in his hand, symbolizing his role as the protector and creator of balance in the universe. Surrounding him are cosmic elements like galaxies, planets, sacred symbols such as the Trishul and Damru, and intricately designed motifs representing the boundless energy of Shiva.
The reverse side of the bar is engraved with the revered Sanskrit shloka,
“कर्पूरगौरं करुणावतारं संसारसारं भुजगेन्द्रहारम्। सदा वसंतं हृदयारविन्दे भवं भवानीसहितं नमामि॥ “
This sacred verse is a meditative chant invoking the peaceful yet transformative energy of Lord Shiva and Goddess Parvati, symbolizing their divine union of strength and compassion. The mantra is lined by motifs of Mount Kailash and the Trishul, symbols associated with the Mahadev, further enhancing the cultural and spiritual resonance of the bar.

Speaking on the launch, Samit Guha, Managing Director & CEO at MMTC-PAMP said, “We are delighted to announce the launch of Lord Shiva Silver Bar. The bar is a sacred convergence of spirituality, art, and precious metal. Crafted for this festive season, which is one of the most spiritually significant periods in our culture, this collectible serves as a reminder of devotion, peace, and transformation. We are proud to offer our customers a symbol that goes beyond investment, it is a spiritual heirloom.”
The Lord Shiva 50gm Silver Bar stands out for its spiritual resonance as a powerful symbol of divine protection, inner peace, and universal harmony. It is a true convergence of art and divinity, featuring premium craftsmanship and thoughtful design. Minted in 999.9+ pure silver, the bar carries timeless value, both in material and message. Each bar is securely sealed in MMTC-PAMP’s newly designed, Assayer-certified Certicard packaging, which not only guarantees authenticity and positive weight tolerance but also enhances its appeal as a collectible and a meaningful gift.
MMTC-PAMP’s Lord Shiva Silver Bar is a proud celebration of India’s rich spiritual heritage, brought to life through intricate design and positive weight tolerance. This bar is the latest addition to MMTC-PAMP’s growing portfolio of devotional and spiritual collectibles, which includes the Sone Ki Chidiya gold coin, Char Dham Silver Coin Series, Laddoo Gopal 50gm Silver Bar, Ram Lalla 50gm Silver Bar, Ram Lalla 10gm Gold Bar, the Ganesh Laxmi 10 gm Silver Coin, the Char Dham Coin Set and many more. Each of these offerings reflects MMTC-PAMP’s commitment to blending faith, culture, and precious metals into meaningful heirlooms for collectors and devotees alike.
Every product created by MMTC-PAMP goes through a rigorous purification process to ensure 999.9+ the purity of the metal. To validate the authenticity, every MMTC-PAMP product carries a unique number and comes packaged in Assayer Certified Minted Cards. Each gold and silver product bought from MMTC-PAMP offers positive weight tolerance, which guarantees that every coin or bar one buys weighs more than the listed weight, ensuring customers receive the highest value for their investment. MMTC-PAMP products are available at their exclusive stores, leading jeweller partners, online marketplaces such as Amazon and Flipkart.
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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