NEWS

A Thoughtful festive Gesture by ORRA

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!

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!

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 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

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!

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!

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

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

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!

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.

 


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