National News

WGC Cautions Against Gold Import Duty Hike in Budget 2025

The World Gold Council (WGC) has raised concerns over the potential impact of an increase in gold import duties in the upcoming Union Budget for 2025. The government’s decision to lower the import duty on gold in July 2024 had a significantly positive effect on the industry. It led to a reduction in informal gold imports, stabilized official channels, and fostered a more transparent and organized market. The WGC highlighted that raising duties now could lead to a surge in smuggling, drive up domestic gold prices, and negatively impact the sector’s growth.

Published

1 year ago

January 27, 2025

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Sachin Jain, Regional CEO of WGC India, emphasized the importance of maintaining the current customs duty to ensure continued stability in the market. He pointed out that any increase in import duties could reverse the progress made over the last year, especially as the gold industry contributes approximately 1.3% to India’s GDP and provides employment to 20-30 lakh people. Jain called on the government, financial institutions, and industry players to work together to preserve the positive momentum in the market, fostering an environment where the gold sector can continue to thrive.

The government’s budget announcement on February 1 will be closely watched, particularly as India grapples with weak GDP growth and a slowdown in consumption. With expectations for progressive, industry-friendly measures, the WGC hopes that the government will maintain its stance on reducing gold taxes and focus on measures that support economic growth while benefiting all stakeholders in the gold industry.

National News

Harit Zaveri Jewellers Celebrates A Bride’s Royal Spirit In An Indian Wedding With Its New Polki Collection

A Celebration Of Regal Femininity, Heirloom Craftsmanship, and The Refreshing Depth Of Emeralds.

Published

23 hours ago

June 4, 2026

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June 2026 A bride’s jewellery is never merely ornamental, it carries sentiment, memory, and the quiet power of tradition. With its newest Polki Collection, Harit Zaveri Jewellers introduces a refined take on royal Indian bridal jewellery, thoughtfully designed for the modern bride who embraces heritage while expressing her individuality with confidence and grace.

Crafted between 18kt to 14kt gold and enriched by Emeralds, Harit Zaveri Jewellers Polki collection celebrates a bride in her most transformative moment – poised between reflection and becoming. Every jewellery piece in the collection is designed to accompany her through this pause.

At the heart of the collection lies the richness of polki craftsmanship – raw, uncut diamonds admired for their old-world charm and regal appeal, long associated with royal Indian heirlooms. Paired with vivid emeralds, known to symbolise renewal, harmony, love, and abundance, the collection brings together heritage and elegance. The richness of green emeralds adds depth and freshness, creating jewels that feel both classic and strikingly modern.

The collection features an expansive range of statement and versatile pieces including necklaces, kadas, rings, earrings, and bridal sets, thoughtfully embellished with emeralds, pearls, and polki detailing.

This collection from Harit Zaveri Jewellers compliments classic reds and heritage weaves to contemporary ivories, pastels, and couture silhouettes. Whether layered with a traditional lehenga, paired with a modern sari drape, or styled for intimate pre-wedding celebrations, these pieces seamlessly adapt while elevating every bridal look with a quiet majesty.

These pieces are envisioned as modern heirlooms, where meticulous craftsmanship, precious materials, and timeless artistry come together to create pieces worthy of being passed down through generations.

Harit Zaveri, Joint Managing Director at Harit Zaveri Jewellers said:

“At Harit Zaveri Jewellers, we have always believed bridal jewellery should feel personal, something that reflects a bride’s story and individuality. Many of our clients naturally gravitate towards one-of-a-kind pieces that resonate with their personality and become part of their memories for years to come. With this Polki collection, we wanted to celebrate craftsmanship with the richness of emeralds, a stone that beautifully complements a variety of bridal colours and effortlessly completes a look. Above all, quality remains at the heart of everything we create because we believe jewellery should feel as enduring as the memories and moments attached to it.”