Standards making and Implementation

Bureau of Indian Standards (BIS) as the National Standards Body has the responsibility to lead and co-ordinate the standardization activities in the country to meet the emerging standardization needs and expectations of Indian industry, government and consumers.

As India positions itself among the top economies of the world, it is also important for BIS to ensure that India is able to influence and play a leading role in international standardization fora. It is with this expectation that a meeting was convened to review the process of standards formulation and their implementation in various sectors.  The industry was represented through industry associations such as CII and FICCI.

EU focuses digital priorities!

EU in the post COVID-19 era

Under any other business, the presidency briefed ministers on the state of play of current legislative files. The work carried out on the ePrivacy proposal under the Croatian presidency is summed up in a progress report that the presidency presented to the Permanent Representatives Committee (Coreper) on 3 June 2020.

Submissions for IJL 2020 to close on 26 June

IJL 2020 Now Open

For Industry Submissions

International Jewellery London, the premier trade event at the heart of the global jewellery industry, is offering professionals the chance to shape the debate at IJL 2020. Submissions are open for seminars, talks and ‘In Conversations’, to take place in the Inspire Seminar Programme at Alexandra Palace, 13-15 September 2020.

India to conduct skill mapping of citizens

Government to conduct skill mapping of

Citizens returning from overseas!

With the aim of making the best of our skilled workforce returning to the country due to the ongoing pandemic, the Government of India has launched a new initiative SWADES (Skilled Workers Arrival Database for Employment Support) to conduct a skill mapping exercise of the returning citizens under the Vande Bharat Mission.

FDI can be explored in NBFCs to support MSMEs

FDI can be explored in NBFCs to strengthen them for

Extending support to MSMEs- Shri Nitin Gadkari

Shri Nitin Gadkari, Union Minister for MSME and Road Transport and Highways today held meetings via video conferencing with the representatives of Council of Leather Export, FICCI-‘NBFC Program’ and IMC Chamber of Commerce and Industry on impact of Covid-19 on MSMEs.

Shenzhen inks personal bankruptcy laws

Shenzhen has drafted China’s first personal bankruptcy laws as the southern city tackles broader economic troubles stemming from the coronavirus outbreak, paving the way for others to follow suit, said CER.

The rules are intended to give “honest and unfortunate” debtors the chance to escape the mire of debt and make a comeback, the city government said in an official post. Despite corporate bankruptcy laws nationwide since 2007, individuals are still held personally liable for business debts, making their recovery particularly difficult, according to draft rules posted on a Shenzhen government website.

Gold attitude to hike all-time high in 2020

“The various items we’re looking at all point to the same direction and pretty well the same number,” said Ross Norman in a presentation. He also said, Gold Price Could Approach All-time High in 2020.

Despite some turmoil, gold has performed strongly overall in 2020 as of April 23, it was up around 11 percent year-to-date, trading near US$1,720 per ounce. But where is gold going for the rest of the year? According to independent analyst Ross Norman, the metal could get close to the US$1,900 level in 2020, and it may even pass that point.

Thai jewellery to penetrate the Chinese market!

China Represents Great Potential for

Thai Coloured Stones and Silver Jewellery

The Commercial Consul, Royal Thai Consulate General in Shanghai has commented on the considerable potential for Thai jewellery to penetrate the Chinese market, adding that coloured stones and silver jewellery are gaining in popularity among young Chinese consumers who prefer modern designs.

Parsifal reinvented now!

Nearly three decades after its inception, RW-Raymond Weil’s iconic parsifal collection returns in 2018, this time with a Swiss quartz movement in 30mm and 41mm case variations. First launched in the early 90’s, this heritage range for him and her has been reimagined by the luxury Swiss watchmakers, adding a modern twist.

Inspired by Richard Wagner’s last opera, Parsifal, this revisited collection of men’s and ladies’ timepieces are the perfect accumulation of horology, classic aesthetics and accessible luxury. parsifal once again shows Raymond Weil’s deep attachment to its roots, and desire to preserve tradition as a source of inspiration – while, at the same time, refining the key design elements such as the curved outlines and sophisticated cross link bracelet which have forged the powerful identity of this symbolic collection.

New Norms of classification of MSMEs

Union Ministry of Micro, Small and Medium Enterprises have issued Gazette notification to pave way for implementation of the upward revision in the definition and criteria of MSMEs in the country. The new definition and criterion will come into effect from 1st July, 2020.

After 14 years since the MSME Development Act came into existence in 2006, a revision in MSME definition was announced in the Atmnirbhar Bharat package on 13th May, 2020. As per this announcement, the definition of Micro manufacturing and services units was increased to Rs. 1 Crore of investment and Rs. 5 Crore of turnover.