Chirayu Software Solutions

  Why Your Silver Section Needs Immediate Pricing Attention The silver jewellery segment has long been considered a high-volume, steady-return category for jewellers. However, in today’s rapidly changing market, rising silver prices, increasing manufacturing costs, and unavoidable wastage are silently eroding margins. Many businesses continue to price silver products using traditional flat per-gram margins, unaware of how significantly this approach impacts profitability as silver rates increase. It is time for jewellers to reassess their silver pricing strategy and adopt a more sustainable model that protects returns on capital employed. Understanding the Margin Erosion Problem Let us examine a simple comparison to understand how fixed per-gram margins fail when silver prices rise. Scenario 1: Lower Silver Price Environment Silver Rate: ₹1,00,000 Capital Deployed: ₹1,05,000 Realisation After Sale: ₹1,15,000 Margin: ₹10 per gram Margin Percentage: 8.7% ...

  Indian Precious Metals Market at a Turning Point The Indian precious metals market entered 2026 on a highly volatile note, with sharp movements in silver prices, sustained strength in gold, and a steady outlook for platinum jewellery demand. January 2026 proved to be a critical month, highlighting both the opportunities and risks faced by investors, traders, and the jewellery industry. This article explores recent developments in silver, gold, and platinum in India, based on the latest India Focus Monthly report. Silver Market: From Record Highs to Sudden Correction Silver prices in India witnessed an extraordinary rally toward the end of 2025 and early January 2026, reaching an all-time high of around ₹4,20,000 per kg on 29 January . However, this rally was short-lived. Within just three trading sessions, prices corrected sharply by over 45% , falling to nearly ₹2,50,000 per kg . This dramatic decline was triggered by a combination of global and domestic factors. A broad s...

  Complete Guide to DLT Operators in India for Bulk SMS Registration In India, sending Bulk SMS — whether for marketing , transactional alerts , or OTP delivery — now requires compliance with new regulations introduced by the Telecom Regulatory Authority of India (TRAI) . Under these guidelines, Distributed Ledger Technology (DLT) registration has become mandatory for all businesses and organizations that want to continue sending SMS to their clients and customers. DLT platforms help reduce spam, prevent fraud, and maintain transparency in the bulk messaging ecosystem by securely storing sender identities, templates, and consent records on a shared system. What Is DLT Registration? Distributed Ledger Technology (DLT) is a blockchain-based platform that keeps a digital record of all SMS-related information like sender IDs, content templates, opt-ins, and more. All telecom operators in India have integrated their own DLT portals where businesses must register to send bulk SMS lega...

 A Power-Packed Gathering of India’s Bullion and Jewellery Industry: Highlights from the IIBS Delegate Participation The recently released Delegate List for IIBS (India International Bullion Summit) reflects the sheer scale, diversity, and influence of participants from across the bullion, jewellery, refining, banking, logistics, fintech, and commodity trading ecosystem. With 400+ registered delegates , the event stands out as one of the most comprehensive industry gatherings in recent times. The participation underscores the growing importance of structured dialogue, policy engagement, and collaboration within India’s precious metals market. Strong Representation Across the Bullion Value Chain The delegate list showcases participation from every major segment of the bullion and jewellery ecosystem , including: Gold and silver bullion traders Jewellery manufacturers and retailers Refiners and recyclers Importers and exporters Banks, NBFCs, and commodity finance...

 Gold and Silver See Sharp Correction Amid Extreme Volatility: What Lies Ahead for Bullion Markets? The global bullion market has witnessed extraordinary volatility, with gold and silver prices experiencing one of their sharpest short-term corrections in recent years. After touching historic highs, gold plunged nearly 20% while silver corrected by around 45% within just three days , erasing a large portion of their year-to-date gains. Such sudden price movements have caught investors by surprise and raised critical questions about the sustainability of the ongoing bull run in precious metals. This article breaks down the key drivers behind the sharp correction, the disconnect between paper and physical markets, and what investors can expect going forward. Record Highs Followed by a Sudden Fall Over the past year, gold and silver delivered a powerful rally, with gold crossing $4,600 (around ₹1,40,000) and silver moving past $83 (around ₹2,60,000) . The rally accelerated in Ja...

 Extension of Deduction Period for IFSC Units and Rationalization of Tax Rate: A Major Boost for Global Financial Services India’s ambition to become a global financial hub has taken a significant step forward with the proposed amendments relating to units operating in the International Financial Services Centres (IFSCs). The latest provisions focus on extending the tax deduction period and rationalizing the tax rate after the expiry of deductions, making IFSCs far more competitive on the global stage. These changes are especially relevant for businesses, offshore banking units (OBUs), and international investors planning long-term operations in India. This article explains the existing provisions, the proposed amendments, and their overall impact on IFSC units. Background: Existing Tax Benefits for IFSC Units Under Section 147 of the Income-tax provisions , units set up in an IFSC, including Offshore Banking Units (OBUs), are currently eligible for a 100% tax deduction on cer...