BIS to implement second phase of mandatory hallmarking of gold from June 1
The Hindu
VISAKHAPATNAM
After successful implementation of the mandatory hallmarking by Bureau of Indian Standards in 256 districts of the country with effect from June 23, 2021, wherein more than 3 lakh gold articles have been hallmarked with HUID every day, BIS will begin the second phase of mandatory hallmarking from June 1, 2022.
This was notified by the government through Hallmarking of Gold Jewellery and Gold Artefacts (Amendment) Order, 2022, dated April 4, 2022, as per a BIS release, issued here on Friday.
The second phase of the mandatory hallmarking will cover additional three caratages of gold jewellery/artefacts such as 20,23 and 24 carats as mentioned in the Indian Standard IS 1417.
The list of districts is available on the BIS website, www.bis.gov.in
BIS has made a provision to allow a common consumer to get the purity of their un-hallmarked gold jewellery tested at any of the BIS recognized Assaying and Hallmarking Centres (AHC).
The AHC shall undertake the testing of gold jewellery from common consumers on priority and provide a test report to the consumer.
The test report issued to the consumer will assure the consumer about the purity of their jewellery and will also be useful if the consumer wishes to sell the jewellery lying with them.
Sensex rises nearly 450 points amid metal shares buying and positive global trends, with Tata Steel and Maruti among top gainers.
India and New Zealand are working to expedite Free Trade Agreement negotiations to enhance trade and investment benefits.
The rupee falls 9 paise to a record low of 90.41 against the dollar amid trade deal uncertainties and foreign fund outflows.
Mercedes-Benz India will increase vehicle prices by up to 2% in January to counter rising costs and currency pressures.
CCI is investigating if IndiGo violated competition norms amid significant flight disruptions and concerns over its dominant market position.
The Coal Controller Organisation is appointed to regulate and register proposed coal exchanges, enhancing market competition and oversight.
The rupee hits a record low amid U.S. trade stalemate and portfolio outflows, prompting potential RBI intervention.
November 2025 sees robust growth in India's auto industry, with record sales in passenger vehicles, two-wheelers, and three-wheelers.
Stock markets soar as Sensex and Nifty extend gains in early trade, driven by positive global trends and U.S. rate cuts.
Petroleum and Natural Gas Rules 2025 amended to enhance business ease, extend lease durations, and strengthen domestic exploration infrastructure.
Tata Hitachi strengthens its focus on India's construction market amid global tariffs and rupee depreciation, leveraging local growth opportunities.
Domestic household savings replace foreign institutional money, giving Indian markets stability but raising concerns about unequal participation and limited returns for new retail investors. Access asymmetry and unequal outcomes emerge as key challenges, making investor protection, lower fees, passive investing, and stronger governance crucial.
The Ministry of Petroleum and Natural Gas (MoPNG) should work closely with the Ministry of External Affairs (MEA), and other concerned government agencies, to strengthen diplomatic engagement with oil-producing countries, secure favourable investment terms and address tax and regulatory hurdles faced by public-sector enterprises (PSEs) abroad, the parliamentary committee on public undertakings (2025-26) stated in their latest report tabled Wednesday.