NEWS
India US$05tn Economy by 2022!
Minister
of Commerce& Industry, Suresh Prabhu, chaired a working group on making
India a USD 5 trillion economy in 7 years. The meeting was attended by heads of
CII, FICCI, IFC, NASSCOM, NitiAayog and senior officials from the Departments
of Commerce and DIPP.
The
Minister said that India’s GDP could reach USD 5 trillion provided that there
is consistent growth in manufacturing, services and agricultural sectors. The
Minister underlined key role of the private sector to create new business
models and strategies and leverage new technologies in order to fuel growth in
the Indian economy. Government will act as the facilitator in this process.
GJEPC at finance test!
GJEPC’s
core team namely Mr. Pramod Agarwal - Chairman, Mr. Colin Shah - Vice Chairman,
Mr. Russell Mehta - Advisor to Chairman, Mr. Sanjay Kothari - Convener BITC,
Mr. Mavjibhai Patel - Member BITC and Mr. Sabyasachi Ray - Chief Executive
Director met with Mr. Rajnish Kumar- Chairman of SBI, Mr. PN Prasad - Chief
General Manager and Mr. Joydev Mukherjee - Deputy General Manager.
RJC seminar at Baselworld:
The
Future of CSR in the Jewellery Industry
The
jewellery industry is facing a unique corporate social responsibility
challenge. There’s a growing increase in expectation from consumers, NGOs and
civil society for the industry to be more transparent about their sustainability
practices in relation to people, planet and profits.
This
expectation is placing a strain on companies up and down the jewellery supply
chain. In short, communicating a company’s sense of purpose and social
responsibility is now a vital component in any communications function.
PlatAfrica 2017
Bold
minimalism takes
center
stage at PlatAfrica 2017
Update
2: PlatAfrica is in its 19th year and is South Africa’s premier
platinum jewellery competition. This year we again saw some exceptional design
pieces that highlighted the unique properties of platinum.. With PGI’s encouragement
and support, the winners got the opportunity to attend design workshops in
Mumbai, developing their talent and broadening their horizons to think about
designs for the global markets. We truly value this partnership with PGI which
is now in its 2nd year.
Here
are the winning pieces from PlatAfrica 2017 and the inspiration behind these
pieces:
2018 CASE Awards winners announced!
The
2018 CASE Awards winners have been selected and will be displayed at the JA New
York Winter Show March 11-13. Fifty-six pieces were submitted into the 2018
competition, and the five pieces below were selected as showcasing the most
creativity, artistry, style and excellence in design. Congratulations to all
the winners - pieces with intricate designs and unique gemstones!
With
the CASE Awards, Jewelers of America shines a spotlight on the custom design
craftsmanship found in the jewelry stores of Jewelers of America Members
nationwide. Jewelers of America’s national retailer design competition – The
CASE Awards – honors the jewelers who create jewelry pieces with the highest
levels of creativity, artistry, skills and excellence in quality and
style.
Opportunities unlimited!
Navinkaka
of JIO Walkeshwar Chapter hosts an august gathering at ‘South Ridge’ building
at Walkeshwar, wherein several projects were discussed including Matrimonial,
Shramni Viharam, Finance. The meeting was attended by over 100 global directors
from 14 different chapters of JIO Mumbai zone including Walkeshwar Gowalia
Tank, Sikkanagar, Queen’s Necklace, Tardeo, Lalbaug, Byculla, Dadar, Santacruz,
Juhu, Goregaon, Malad, Kandivali & Mulund.
Shri
Ashish C Shah, President, Walkeshwar Chapter, welcomed members and briefed them
about activities of the Chapter. The Meeting was attended by Shri Navneet Munot
, CIO of SBI Funds Management Private Limited and Shri Anil Singhvi, Market
Editor, CNBC Awaz.
n’joy! Frauds are forever!
“No
Banking Regulator Can Catch or Prevent All Frauds!” -RBI
Bank regulator
can not stop frauds!
Recently
Urjit R. Patel, Governor, Reserve Bank of India delivered Inaugural Lecture at Centre
for Law & Economics, Centre for Banking & Financial Laws Gujarat
National Law University, Gandhinagar. He says: “No Banking Regulator Can Catch
or Prevent All Frauds!”
169 carat diamond recovered at Gem Diamonds
Gem
Diamonds Limited announces that they have recovered a 169 carat, top white
colour Type IIa diamond from the Letšeng mine in Lesotho, the highest dollar
per carat kimberlite diamond mine in the world. This is the seventh diamond of
over 100 carats recovered in 2018.
The
Letšeng mine is located in the Maluti Mountains of Lesotho and is renowned for
its recovery of large, high quality, exceptional Type II diamonds. Since Gem
Diamonds acquired the mine in 2006, Letšeng has produced over 60 +100 carat,
predominantly high value, white diamonds. Amongst these diamonds recovered are
the iconic 603 carat Lesotho Promise, the 550 carat Letšeng Star and the 493
carat Letšeng Legacy.
WFDB focuses a wide range of internal issues!
Executive
Committee Meeting held in Idar-Oberstein
The
World Federation of Diamond Bourses (WFDB) held an Executive Committee Meeting
in Idar-Oberstein, discussing a wide variety of subjects including the World
Diamond Council's proposed changes to its System of Warranties (SoW),
nomenclature issues, Know Your Client, the proposed inclusion of the
International Diamond Manufacturers Association into the WFDB, finance and the
situation in India in the wake of the alleged fraud involving jeweler Nirav
Modi.
PlatAfrica 2017 winners at PGI India
Bold
Minimalism theme,
which
aimed at Indian millennials
Update
1: Platinum Guild International (PGI) India is proud to present the winning
designs of PLATAFRICA 2017 - a jewellery design and manufacturing competition.
Presented by the world’s leading producer of the precious metal Anglo American
Platinum, in association with PGI India and Metal Concentrators, the
prestigious competition is open to student, apprentice and professional
jewellers in South Africa to promote innovation and technical expertise in the
design of platinum jewellery.
Speaking
on the occasion, Vaishali Banerjee, MD Platinum Guild International said, “It’s
a matter of great pride for us at PGI to be associated with PlatAfrica which
nurtures and develops talent in the field of platinum jewellery designing. I
would like to congratulate all the winners for their creativity and innovative
designs in platinum. This initiative is an opportunity to bring in new ideas
and enrich platinum designing in India.”