NEWS
A Thoughtful festive Gesture by ORRA
ORRA,
India’s leading house of Bridal jewellery launches the Swarna Kavach initiative
to bring in the festivities of prosperity & honour the tradition of owning
Gold on the day of Akshaya Tritiya. With Swarna Kavach, customers are protected
from price fluctuations of the Gold rate & can shop from the safety of
their homes by placing an order through the ORRA website.
The Red Carpet Collection!
Known
as the preferred jewellery brand of celebrities, Izaara for the first time
introduces The Red Carpet Collection. The designs are of the pieces selected by
celebrities for the red carpet events and are crafted with sterling silver.
A
marque known for creating premium and precious silver designs, brings in a
flawlessly crafted assortment of understated earrings. Inspired by the hues of
nature, the collection is also an ode to the spring season.
Design for 2020 Women’s Suffrage announced!
The
United States Mint officially announces the design for the 2020 Women’s
Suffrage Centennial Silver Dollar, celebrating the milestone 100th anniversary
of the ratification of the 19th Amendment. Line art of the design is available
here. This distinctive silver dollar coin marks a signature achievement in our
Nation’s history.
“This
coin pays homage to the 19th Amendment’s adoption, and also honors the many
pioneers, activists, and foot soldiers in the movement who fought bravely and
tenaciously for decades to make the amendment a reality,” said United States
Mint Director David J. Ryder.
India’s foreign trade March
India’s
overall exports (Merchandise and Services combined) in April-March2019-20 are
estimated to be USD 528.45billion, exhibiting a negative growth of (-) 1.36per
cent over the same period last year. Overall imports in April-March 2019-20 are
estimated to be USD 598.61billion, exhibiting a negative growth of (-) 6.33per
cent over the same period last year.
Merchandise
trade, at export (including re-exports) front, it is noted that exports in March
2020 were USD21.41billion, as compared to USD32.72billion in March 2019,
exhibiting a negative growth of (-) 34.57per cent. In Rupee terms, exports were
Rs. 1,59,157.98crore in March2020, as compared to Rs. 2,27,318.25crore in
March2019, registering a negative growth of (-) 29.98per cent.
Re-opening of operations at Letšeng
Gem
Diamonds Limited announces that, notwithstanding the general lockdown in
Lesotho having been extended until 5 May 2020, the Government of Lesotho has
permitted the re-opening of diamond mines in Lesotho, previously subjected to a
lockdown order, subject to compliance with Covid-19 health and safety
guidelines.
Accordingly,
the Company's Letšeng mine will re-open on Monday, 27 April 2020, in accordance
with a phased ramp-up plan which is compliant with health and safety protocols
formulated by health experts for the prevention of Covid-19 disease. This plan
also reflects the practical supply chain and market considerations arising from
the continued lockdown in Lesotho, South Africa, Belgium and other relevant
jurisdictions.
Gold, an efficient hedge!
In
the Investment Update, WGC said, “the benefits of certain portfolio hedges came
into clear focus during the 2008-2009 financial crisis and did so again during
the subsequent European sovereign debt crisis, the 2018 December stock market
pullback and the most recent Covid-19 pandemic.”
Many
tail hedges work well during crises if timed appropriately, but are technically
complex investments, and can be expensive to hold systematically. Historically,
gold prices have not increased as rapidly in tail events1 as in hedges that
track market volatility indices.
HJF 2020 schedule differed!
After
serious consideration and close consultation with our stakeholders, exhibitors
and industry partners in the jewellery community, Informa Markets in India, the
organiser of Hyderabad Jewellery, Pearl & Gem Fair (HJF) 2020 along with
its strategic partner Hyderabad Jewellery Manufacturers Association, has
decided to postpone its signature event until further notice. The event was
originally scheduled for 29 - 31 May at HICC, Novotel – Hyderabad.
We Prefer Platinum Wedding Bands: Tacori
You
have many choices to make when you’re selecting your engagement ring and
wedding bands, and your decision about which metal to wear is one of the most
important. At Tacori, we prefer platinum as our premium white metal and here
are four reasons why, 1: It’s more pure at a .950 Platinum alloy. 2: Platinum
is naturally hypoallergenic. 3: Platinum is a naturally white metal & 4:
platinum retains its metal density across years of wear.
Celebrates the elegance of RW
Raymond
Weil, a distinguished horological performer, once again celebrates the elegance
and timelessness with the maestro Moon Phase. A complication synchronizing the
rhythms of time with the poetry of the stars, developed in the pure Swiss
watchmaking tradition.
This
new model is offered in numerous variations all symbolizing the Brand’s deep
attachment to its watchmaking roots. Launched in 2010, the maestro, meaning
“master”, demonstrates the mastery of Raymond Weil Swiss horology and
celebrates the world of classical music and the esteem commanded by a grand
personality, composer or conductor.
India halts rough diamond import for a month!
Recently
diamond industry urged to all members to cease voluntarily import of Rough Diamonds for
one month from May 15, 2020. In a jointly sign appeal to diamond fraternity
India key signatories are Anoop Mehta, President-Bharat Diamond Bourse, Pramod
Kumar Agrawal, Chairman-GJEPC, Babubhai Kathiriya Chhodvdi, President-Surat
Diamond Association, Mahendra V. Gandhi, President-The Mumbai Diamond Merchants
Association and Vallabhbhai Patel, President-Surat Diamond Bourse.
The
join appeal said, as you are aware, the Covid-19 pandemic situation is having
an unprecedented impact on the global economy. Various countries across the world
have declared lockdowns, and, by and large these countries have temporarily
closed their economies.