NEWS
Diamond Terminology Guideline released!
setting
universal standard for communicating
about
diamonds and synthetic diamonds
Nine
of the leading diamond and jewellery industry organisations (AWDC, CIBJO, DPA,
GJEPC, IDI, IDMA, USJC, WDC and WFDB) have released a jointly developed Diamond
Terminology Guideline to encourage full, fair and effective use of a clear and
accessible terminology for diamonds and synthetics diamonds by all sector
bodies, organisations, traders and retailers.
ICEX upgrades to hi-tech platform
Indian
Commodity Exchange Limited (ICEX) has migrated to an upgraded technology
platform, thus catapulting itself to the league of exchanges with the world’s
best exchange technology platform. The upgraded technology platform of ICEX has
advanced surveillance and risk management features at par with global best
practices.
With
the implementation of the new technology, ICEX becomes the first exchange in
India to adopt such a global hi-tech platform that ensures automatic and
seamless switch-over from its Data Center (DC) to the Disaster Recovery (DR)
site with zero data loss in case of exigencies.
Celebrate love everyday
The
soul of the soul of this Universe is, Love. Echoing this sentiment of universal
love as propounded by the renowned Sufi saint, Rumi, India’s leading jewellery
brand, Reliance Jewels, truly believes that #EveryDayIsLoveDay. Emphasising the
fact that expressing love should not be relegated to just a single day,
Reliance Jewels presents eternal classic, timeless jewellery options which make
the perfect gift for your loved ones, for any reason in any season.
Forevermark associated with Manepally Jewellers
Beautiful
Actress Raashi Khanna Graces the Event
Manepally
Jewellers, the oldest and most trusted jeweller in Hyderabad launches its
association with Forevermark, the diamond brand from the De Beers Group of
Companies, with gorgeous actress Raashi Khanna at their store.
Forevermark
encompasses the promise of beautiful, rare and responsibly sourced diamonds,
Manepally Jewellers guarantees customer satisfaction and exquisite
craftsmanship. The synergy of these two brands has brought about an ideal
collaboration by creating hallmark jewellery pieces.
2018 Coin Goes on Sale on February 5
41st
quarter captures natural beauty of
Pictured
Rocks National Lakeshore
The
United States Mint will offer bags and rolls of quarters honoring Pictured
Rocks National Lakeshore in Michigan starting on February 5 is the first of
five quarters that will be released this year and the 41st release in the
America the Beautiful Quarters Program.
FM tabled Economic Survey 2017-18
Real
GDP Growth to Clock 6.75 Percent this
Fiscal
Economic
Survey Predicts 7-7.5 Percent Growth in 2018-19
A
series of major reforms undertaken over the past year will allow real GDP
growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in
2018-19, thereby re-instating India as the world’s fastest growing major
economy. This was stated in the Economic Survey 2017-18 tabled in Parliament
today by the Union Minister for Finance and Corporate Affairs, Shri Arun
Jaitley. It said that the reform measures undertaken in 2017-18 can be
strengthened further in 2018-19.
10 New Economic Facts on Indian Economy
The
Economic Survey presented by the Union Finance Minister Shri Arun Jaitley in
Parliament today has relied upon analysis of the new data to highlight ten new
economic facts:
1.
Goods and Services Tax (GST) has given a new perceptive of the Indian economy
and new data has emerged. There has been
a fifty percent increase in the number of indirect taxpayers. There has also
been a large increase in voluntary registrations, especially by small
enterprises that buy from large enterprises wanting to avail themselves of
input tax credits.
India medium-term potential of 8%
As
soon as the FM tabled the Economic Survey India Ratings & Research
expressed their view. From India Ratings & Research Dr. Devendra Kumar
Pant, Chief Economist said, “The Economic Survey 2017-18 provides an update on the
status of India’s economy and advice from chief economic adviser and his team
to the government. As per past trends, some advice may find a place in the
budget.
The
core of the survey, which everyone is looking at, is the 7.0%-7.5% growth
projection for 2018-19. The survey suggests 2017-18 growth could go up to 6.75%
(CSO estimate: 6.5%). Although an uptick in 2018-19 growth has not been ruled
out, it is more likely towards the lower end of the range. Evolving domestic
and global conditions can swing growth in any direction.
The contest, She said YES!
Diamond
ring awaits the author of
the
most creative marriage proposal
Alrosa,
the world’s largest diamond mining company, continues the contest “She said
“YES!” for the most creative idea of a marriage proposal. The competition
started in December 2017 and will last until February 14, 2018. The winner will
receive a diamond ring as a reward to translate the idea into reality.
Silver production to be 5.8 mn oz
Endeavour
Silver Corp issued the 2018 production and cost guidance for its three
operating mines. In 2018, silver equivalent production is expected to increase
by 20% compared to 2017. Endeavour
forecasts higher silver and gold production at all three existing mines as well
as initial production from the new fourth mine at El Compas by the end of
March, with commercial production scheduled for the end of July.