NEWS
From November 5, TAGS to commence rough tender
Trans
Atlantic Gem Sales (TAGS) announces their upcoming rough diamond tender taking
place from the 5th to the 11th of November 2019 in the newly renovated,
state-of-the-art facility at the Dubai Diamond Exchange, Almas Tower in Dubai
Jewellers on gazing a festive season!
Looking
at Dhanteras at latch, Mr Shreyansh Kapoor, Vice President and Partner, Kashi
Jewellers says, “The industry is going through a massive change right now.
There has been a lot of shift in how jewellers are buying, how they are selling
and how they are managing their business. Overall billing on raw materials has
reduced as GST on diamonds was reduced from 3% to 2.5%. That has been a
positive development.
Gold
rate has been steady over the last year, with a gain of almost 20% so it still
remains a great investment vehicle for consumers. Right now we are already
around the 39,000 mark. I don't see gold prices dropping anytime in the near
future given that we are already in the festive season, once that ends, the
wedding season begins immediately. So investment outlook for Gold shall remain
strong.
SaffronArt Conference held in Mumbai
The
World Diamond Museum was one the contributors and partners in the second
edition of the prestigious, biennial conference, as were the GJEPC, GIA and the
DPA.
The
second SaffronArt Jewellery Conference took place in Mumbai, India, last week.
This year’s conference sought to trace, in the words of Saffronart’s President
and co-founder Minal Vazirani, “…the dialogue between tradition and modernity,
history and myth, and charts a contemporary Indian aesthetic in jewellery
design.”
Mumbai witnessed 13th IIGJ convocation
On
19th October 2019, Indian Institute of Gem and Jewellery (IIGJ) Mumbai
witnessed a landmark celebration for its 13th Convocation Ceremony for the
award of Degree in Bachelor of Arts (Gems & Jewellery) 2019 along with
parents, students and esteemed guests.
The
Institute acknowledged the success and achievement of the graduating students
for their sustained hard work, perseverance and dedication by awarding them
trophies and certificated for their performance at Bharat Diamond Bourse in
Mumbai. The Convocation ceremony captured the essence of nostalgia and will be
fondly remember by the outgoing batch of class of 2019.
India the lowest corporate tax country in the world
Union
Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, led the
Indian delegation at G20 Finance Ministers and Central Bank Governors as well
as the BRICS Finance Ministers and Central Bank Governors meetings held in
Washington D.C yesterday. Finance Minister is leading the Indian delegation to
the IMF/WB Annual Meetings being held in Washington D.C this week.
The
focus of discussions in the G20 Finance Ministers and Central Bank Governors
Meeting was on the current challenges to the global economy and possible
responses to mitigate them. Smt Sitharaman emphasized that the G20 has the
responsibility to navigate the global policy co-ordination in effective fashion
by identifying and taking strong measures for building buffers and catalysing a
second wave of reforms.
Granada Hits High-Grade gold
By
providing on latest drill programme detail Granada Gold Mine Inc it is the
first results from its latest drill program at its 100% owned Granada gold
deposit in Rouyn-Noranda. Coarse, native gold was observed in the drill core.
GR-19-E intersected a high-grade zone with 12.32 g/t Au over 2 meters including
48.80 g/t over 0.50 meters at a core length depth of 35.5 meters on the
extended LONG Bars zone. Results are pending for GR-19-A, GR-19-B and GR-19-C
for high grade verifications.
28th annual event connects job seekers
More
than 600 visitors discovered the perfect space for jewels and jobs at GIA’s
(Gemological Institute of America) at recently held annual Jewelry Career Fair
and Open House, at the Institute’s world headquarters in Carlsbad, CA.
Aspiring
gem and jewelry professionals, GIA students, open house visitors, industry
professionals and recruiters spent the day attending informative panels,
getting one-on-one career coaching, networking, participating in classroom
demonstrations and admiring more than 1,000 museum pieces on display.
Dhanteras Dhanvriddhi Festival offer
Senco
Gold & Diamonds, one of the largest jewellery retail chains of India,
headquartered in Kolkata, announced a mega Diwali offer ‘Dhanteras Dhanvriddhi
Festival’. As part of festive offer, customers can avail huge benefits
including an assured gift on purchase of Gold & Platinum jewelleries from
anytime now until 31st October, 2019.
Announcing
this mega festive offer, Mr. Suvankar Sen, Executive Director, Senco Gold &
Diamonds, said, “Dhanteras & Diwali are the times of celebration and also
an auspicious occasion to buy jewellery. Keeping with the sentiments of this
festival, we aim to provide an unmatched retail experience with the best of
jewellery paired with the best of offers.”
Ganjam’s heirloom for Dhanteras!
Ushering
in the auspicious season that marks the beginning of festivities rooted in our
culture, Ganjam offers its patrons a unique opportunity to experience its
lineage and legacy. After successfully exhibiting the heirloom collection at
the recently concluded “Ganjam at the Mantapa”, the exhibition will now
continue at their flagship store on Vittal Mallya Road as part of the 130 year
celebrations.
Contemporary expression by HW
A
modern balance of sporty elegance and the flawless execution of watchmaking’s
most revered complications.
Complicated
watchmaking at Harry Winston (HW) finds its most contemporary expression in the
Ocean Collection, where sophisticated mechanisms and the brand's signature
excentered dial designs are the hallmarks of Haute Horlogerie for the modern
era.