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Rajesh Exports rejects SEBI's Rs 15.15 lakh crore revenue misrepresentation charge
Gold jewellery maker disputes SEBI's interim order, with Chairman Rajesh Mehta attributing the dispute to a 'communication gap' with the regulator. Company says revenues are correctly declared and is submitting supporting documents for review.
NDTV Profit · 6/4/2026, 8:39:22 AM
Counterfeit silver bars flood Indian markets; refiners push BIS for mandatory hallmarking
Adulterated silver bars and coins laced with nickel, cadmium and lead are spreading across Jaipur, Agra, Salem, Rajkot, Kolhapur and Cuttack as prices rally. Refiners want BIS to enforce mandatory silver hallmarking and refiner licensing by Sept 2025; MCX, BSE and NSE plan quality-certified silver bars on exchanges.
Times of India · Business · 5/26/2026, 10:53:30 AM
India's silver market hit by purity crisis as refiners push BIS for mandatory hallmarking
With annual silver demand near 7,000 tonnes and investment buying surging, refiners warn that bars, coins and jewellery are routinely adulterated with prohibited metals. Assaying infrastructure trails gold sharply—1,595 hallmarking centres for gold versus 286 equipped for silver. MCX, BSE and NSE are moving to list certified 999-purity silver bars.
ET Retail · 5/26/2026, 7:19:34 AM
Refiners press BIS for mandatory silver hallmarking as purity crisis hits investment-grade demand
With Indian silver demand running at 800-850 tonnes and substandard bars flooding the market, refiners want BIS to enforce hallmarking and license refineries. MCX, BSE and NSE are readying 999-purity certified silver bars, expanding oversight beyond the 286 hallmarking centres now active versus 1,595 for gold.
ET Small Business · 5/26/2026, 5:18:07 AM
Walmart Reportedly Pushes Flipkart IPO to 2028 as Profitability, Pipeline Concerns Mount
Walmart has asked Flipkart to defer its $8-10 billion listing to 2028, citing a crowded 2026 IPO pipeline featuring NSE, Reliance Jio, Zepto and Oyo, alongside soft market conditions. The e-commerce giant is expected to wait for stronger profitability and EBITDA breakeven, echoing PhonePe's earlier listing deferral.
NDTV Profit · 5/15/2026, 7:49:04 AM
NSE's EGR and Dhan's gold vault enter retail, but branded jewellers keep eating share
New regulated digital gold products from NSE and Dhan promise 999 purity and physical delivery from 100mg to 1kg across 75 cities. Yet 3% GST, 40-50bps conversion costs and limited vault access blunt appeal. With Q1FY26 gold demand at $25B and MCX prices up 122% in two years, branded jewellers — not hybrid products — are capturing the retail wallet.
Mint · Markets · 5/15/2026, 12:45:35 AM