Hallmark Unique Identification (HUID) number is a unique 6-digit alphanumeric code consisting of numbers and letters. It is stamped manually on a piece of jewellery at the Assaying & Hallmarking centres. It ensures the purity and fitness of gold via ..
Category: Economy & Banking Current Affairs - 2022
The Group of Finance Ministers has approved bringing the intra-state movement of gold within the ambit of the e-Way bill. However, the panel of ministers has left the final decision to introduce it or not to the individual states as ..
On July 10, 2020, the National Stock Exchange (NSE) launched NSE refiner Standards for BIS Standard Gold. Highlights Under the new standards, NSE will accept gold bars produced by Indian manufacturers. Till date, NSE accepted only gold bars that were ..
Month: Current Affairs - July, 2020
On May 27, 2020, the World Gold Council released its report on Retail Gold Insights: India Jewellery Report. According to the report, around 37% of Indian women never bought jewellery. Highlights The report says that gold jewellery was the second ..
Month: Current Affairs - May, 2020
9 people were killed in an illegal gold mine in West Sumatra province of Indonesia due to landslides. Gold in Indonesia Indonesia accounts for about 4% of global gold production. Half of this comes from the Grasberg Mine. The country’s ..
On March 16, 2020, the Commerce Ministry reported that the gold imports for the period April to February (2019-20) has reduced by 8.86% as compared to the previous year. Highlights India is the largest importer of gold in the world. ..