Jewelry Design students at manufacturing facility

To help students’ gain better understanding and experience of the gem and jewellery industry, GIA India brought jewellery design students to Kama Schachter’s manufacturing facility in Mumbai. The GIA Jewelry Design certificate course – an extensive nine-week programme – helps students develop creative skills and understand technical processes through practical training.

GIA India conducts factory visits for its on-campus students for several of its Jewelry Design courses. During this visit, students had the opportunity to learn about the jewellery manufacturing process; from designing a jewellery piece and sending it to a CAD expert, to the final quality check.

HK Exports hosted 5th Edition of Marathon

Hari Krishna Exports Pvt Ltd. India’s leading manufacturer of cut and polished diamonds hosted Kisna Diamond Marathon on 22nd December 2019 at BKC, Mumbai. The aim of this event was to promote the noble cause of Swachh Bharat Abhiyan. With its 5th edition of marathon, the company successfully registered more than 8,000 runners.

The chief guests present at the marathon were Mr. Shri Ujjwal Nikkam- Public Prosecutor, Shri Madhukar Pandey- Joint Commissioner (Traffic), Shri Kapil Arora- Marathon Runner & Author, Mrs. Manisha Gupta- CNBC Awaaz Editor.

Precious baubles on Xmas

The most cheerful time of the year is here; the time to spread joy, the time to express your love for your near and dear ones.

Precious Fine Jewellery brand Irasva presents, Celebrate You, this Christmas. Gift your loved ones as well as your own self this year some precious affordable baubles that instill the Xmas spirit instantly. Featuring the ecstatic beauty of this magical festival, each jewel is a mélange of endearing trinklets and lovable designs.

GST Revenue Trends at 38th meeting

The 38th meeting of the GST Council met under the Chairmanship of the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today. The meeting was also attended by the Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of Ministry of Finance.

A presentation was made to the 38thGST Council on the issue of revenue, GST rate structure and compensation needs of the States. Before the presentation, the Convenor of GoM on revenue augmentation Sh. Sushil Kumar Modi, Dy CM (Bihar) made opening remarks about the revenue position and future roadmap. The presentation made thereafter was based on discussions in the Committee of officers of State and Centre on revenue augmentation. 

Long-term reauthorization of EXIM

President Donald J. Trump signed legislation today that reauthorized the Export-Import Bank of the United States (EXIM) for a historic length of seven years. The bipartisan legislation approved by Congress achieved two important goals: providing certainty to American businesses and workers that EXIM is fully open for business, and giving clear direction to focus on the economic and national security challenges from China. 

“I thank President Trump for making history today by signing into law the longest reauthorization of EXIM in the agency’s 85-year history,” said EXIM President and Chairman Kimberly A. Reed.

Alrosa at environmental transparency rating

Alrosa entered the top 10 of annual Environmental Transparency Rating among mining & metals companies of Russia. WWF Russia initiated this Rating with the support of the European Union and UN Environment Programme. The Rating evaluates environmental management as well as the company’s environmental impact and level of disclosures. Alrosa was highlighted for active cooperation during the Rating calculation.

In 2019, the Rating became a part of the WWF-EU project "People for Nature". The main objectives of the research are to increase the corporate responsibility of mining and metals companies and to create effective engagement mechanisms for the industry with stakeholders.

NRF 2020 Vision: Retail’s Big Show

A-list actress and goop CEO Gwyneth Paltrow will discuss the story behind her lifestyle and wellness brand at NRF 2020 Vision: Retail’s Big Show in New York City in January.

“What an amazing opportunity to close out this year’s conference with Gwyneth Paltrow and to hear about her personal journey as CEO of a widely recognized and trusted lifestyle brand,” NRF President and CEO Matthew Shay said. “Like great business leaders, Gwyneth has learned from her challenges, seized opportunities and maintained her core values to successfully build the goop brand.”

M-SCREEN 4.0 automatically screens up!

The start of a new year is a good time to look back at the highlights of the previous year. Laboratory grown diamonds (LGD) are still an issue for our industry and HRD is continued to fight against their mis-sorting. To help, they have launched some innovative instruments, including our J-SCREEN, a desktop device for screening and detecting both loose diamonds and diamond jewellery, and our M-SCREEN 4.0, which automatically screens up to 15,000 melee diamonds per hour.

A bigger opportunity to redesign supply chains!

Rapidly changing customer expectations

According to the report of Bain & Co by Jared Lapin, Gerry Mattios, Raymond Tsang and Jason Lee say, ‘beyond trade wars, the real reason you need to reinvent your supply chain! Rapidly changing customer expectations make the case for greater flexibility!’

The US-China trade dispute has been a wake-up call in boardrooms around the world. As companies scramble to avert short-term cost pressures from a trade war, many are now considering a bigger opportunity-the chance to redesign their supply chains for the future. Building a more flexible operations network can help companies adapt to rapidly shifting customer expectations and protect against future geopolitical risk.

A Lifetime achievement award to Vasant Mehta

Gem & Jewellery to attain target of USD 75bn

IGJA Update 2: The Indian gem and jewellery sector is the global hub of jewellery and contributes to around 7% of the country’s GDP and 15% to India’s total merchandise exports. Appreciating the work being done in the sector Commerce and Industry & Railway Minister, Piyush Goyal urged those in this sector to now achieve the target of USD 75 billion from 40 billion much faster. He was speaking on the occasion of the 46th India Gem & Jewellery awards 2019 held in New Delhi on 18 December 2019.