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Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

IMD forecast of below-normal Indian monsoon poses risk to agriculture, economy BALCO deploys AI humanoid agent for real-time training, operations and safety Om Power Transmission IPO subscribed 3.33 times on final day Broker’s call: Anand Rathi Wealth (Neutral) Broker’s call: Paytm (Outperform) Pakistan Stock Exchange plunges 5,000 points after US-Iran talks fail NSE gets MCA approval to launch National Coal Exchange of India Citius TransNet Investment Trust's ₹1,105-cr IPO to open on Apr 17 NSE gets MCA nod for coal exchange entity name Coal stock adequate for 90 days available: Union Coal Minister Kishan Reddy Rupee falls most in two weeks as oil spikes on US move to blockade Iran ports India auctions 46 critical mineral blocks, launches 7th round with 19 more: G Kishan Reddy Dalal Street midday: Sensex, Nifty down nearly 1%, Reliance, Eicher among top laggards, auto, oil Stocks weigh Iranian crude returns to India after seven years as tankers dock at key ports Sensex, Nifty pare early losses but stay in red at noon; Auto, Financials drag India's March palm oil imports fall 19% to three-month low Government bonds slump after US-Iran peace talks falter Failure of US-Iran talks set to weigh on risk assets Monday Failure of US-Iran truce talks: Rupee opens 57 paise weaker RBI criticises banks’ rupee arbitrage trades Crude oil futures rise as US moves to blockade Iranian ports Gold falls on stronger dollar, fading Fed rate-cut hopes Crude oil jumps 7% to above $100 on US’ maritime blockade on Iran Japan’s benchmark bond yield jumps to 29-year high as US-Iran talks collapse How govt policy initiatives to impact shares of EV makers, oil exporters Stock Market Highlights: Sensex ends at 76,776; Nifty 50 down 226 pts (0.94%) at 23,823 Draft CAFE-3 Norms: Govt eases penalties, focuses on carbon credit trading for auto sector Brokers’ ISF explores unified documentation framework to ease compliance burden K-shaped trend emerges in jewellery as premium demand stays resilient Retail investors give recent IPOs a miss due to lack of bumper listing gains
BIS studying implementation challenges for mandatory silv...
By PTI · 2026-06-04 · via Latest Share Market News, Sensex, Nifty, BSE, NSE Today | The HinduBusinessLine

The Bureau of Indian Standards (BIS) is examining the regulatory framework and infrastructure readiness required to make hallmarking of silver jewellery and artefacts mandatory, Director General Sanjay Garg said on Thursday.

Silver hallmarking has been voluntary since 2005 and from September 2025 onwards, hallmarked silver articles carry a Hallmark Unique Identification (HUID) number, enabling buyers to verify purity.

"Silver hallmarking is far more complex than gold, not in terms of process but the kind of market it has," Garg told PTI on the sidelines of a Ficci event here.

Unlike gold, silver jewellery and artefacts are sold across both small and large stores, and the category even extends to silver furniture, he noted.

"We are studying the implementation process," he said.

According to Garg, the entire hallmarking operation within BIS is run by just five people, with the rest of the workforce either private or outsourced.

"Operating hallmarking centres with the help of private players and building trust is a Herculean task," he said.

Despite significant progress in voluntary silver hallmarking, BIS is proceeding cautiously.

"We are going intentionally a bit slow as we don't want to make mistakes. We want to set the systems right before making it mandatory," Garg said.

"We will do mandatory silver hallmarking gradually," he added.

The number of silver jewellery articles hallmarked has increased to 59 lakh in the 2025-26 fiscal from over 32 lakh articles in 2024-25, as per official data.

Presently, there are around 230 Assaying and Hallmarking Centres (AHCs) recognised by BIS for testing of silver jewellery. SHM

Published on June 4, 2026