Discover Roberto Coin for Christmas

This Christmas, the romanticism of the new collection devoted to princesses and their diamonds is truly stunning. Diamond Princess is the latest addition to Roberto Coin’s Princess line, a world that took the classic dream of becoming a princess and made it modern again. The princess that wears this collection doesn’t need pomposity to revolutionize traditional beauty standards.

Strengthening businesses between HK & India

Hong Kong and India have enjoyed robust bilateral trade relations covering a range of products and services over the years and these ties are set to become even more deeply entrenched in the future, according to Rajesh Bhagat, Consultant, Mumbai of the Hong Kong Trade Development Council (HKTDC).  Meeting with the media in Mumbai today, Mr Bhagat reassured Indian business communities that Hong Kong remains an effective platform for global business.

The HKTDC’s large-scale fairs and conferences are proceeding as planned despite the social unrest seen in the city in recent months. Eighteen fairs ran smoothly from July to November, attracting 14,700 exhibitors and close to 222,000 buyers from around the world. Mr Bhagat said safety is a top priority at all HKTDC-organised events, with special security measures put in place to respond to different situations. The HKTDC continues to monitor developments and communicate closely with exhibitors, buyers and conference delegates from around the world.

Bharat Bond ETF approved

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi has given its approval for creation and launch of Bharat Bond Exchange Traded Fund (ETF) to create an additional source of funding for Central Public Sector Undertakings (CPSUs) Central Public Sector Enterprises (CPSEs), Central Public Financial Institutions (CPFIs) and other Government organizations.  Bharat Bond ETF would be the first corporate Bond ETF in the country.

Features of Bharat Bond ETF:

ETF will be a basket of bonds issued by CPSE/CPSU/CPFI/any other Government organization Bonds (Initially, all AAA rated bonds), 1: Tradable on exchange, 2: Small unit size Rs 1,000, Transparent NAV (Periodic live NAV during the day), 4: Transparent Portfolio (Daily disclosure on website) & 5: Low cost (0.0005%).

A National e-Commerce policy underway

There is no distinction between the taxation regimes of Indian and foreign e-commerce companies as such, however the taxation regimes applicable to domestic companies and foreign companies differ.

The income of domestic companies is taxed at the rate of 30% plus surcharge and cess however the Finance (No.2) Act, 2019 introduced a tax rate of 25 % plus surcharge and cess for domestic companies having a turnover or the gross receipt up to Rs. 400 crores. 

Nearly 190mn Shoppers rocked at Thanksgiving

A record 189.6 million U.S. consumers shopped from Thanksgiving Day through Cyber Monday this year, an increase of 14 percent over last year’s 165.8 million, the National Retail Federation and Prosper Insights & Analytics said today.

“Americans continue to start their holiday shopping earlier in the year, and Thanksgiving is still a critical weekend for millions,” NRF President and CEO Matthew Shay said. “Whether they’re looking for something unique on Main Street, making a trip to the store or searching for the best deals from their mobile device, this is when shoppers shift into high gear.

GSI discovers color instability in CVD diamonds

Researchers at Gemological Science International (GSI), one of the largest gemological organizations in the world, witnessed a case of extreme color instability of a CVD diamond within its laboratory testing facility. 

During standard testing procedure, a 2-carat CVD diamond in GSI’s laboratory was exposed to high powered UV rays and went from near colorless to blue color.

Luminox Launches Navy Seal 3500 Gold

Since time immemorial, the color used for the highest medals, awards, celebrations of power and achievement, and trophies has always been gold. In the Navy, the trident of the elite Seals is gold, as are rank stripes and buttons on dress uniforms. Gold symbolizes success, power, and accomplishment.

To celebrate the color gold and its significance, Luminox is introducing touches of gold in its Navy SEAL 3500 Series in a special limited edition of 1,618 units. Why 1,618 units, you ask? 1,618 is the whole number equivalent of phi, also known as the Golden Number, the Golden Proportion and the Golden Ratio.

JNA Awards gained attention in the Middle East

Recognising the growing importance and influence of the Middle Eastern market, the JNA Awards presented its well-regarded awards programme to a packed room of representatives from the jewellery industry and trade media in Dubai on 17 November. The presentation was jointly organised by Dubai Multi Commodities Centre (DMCC), Dubai Gold and Jewellery Group (DGJG) and Informa Markets, with the aim of attracting quality entrants and participants to join this prestigious event for the international jewellery trade.

First Jury round of Artisan Awards 2020 concluded!

Last evening, an eminent jury comprising renowned fashion, design and jewellery experts completed the first Jury round for the 3rd Artisan Jewellery Design Awards 2020 organised by Gems and Jewellery Export Promotion Council (GJEPC) in Mumbai.

The theme Architectural Gems, the Artisan Awards 2020 looks at celebrating three key periods from different architectural area, 1: Art Deco, 2: Islamic Arabesque and 3: Neo-Futurism.

Diamond Market More Optimistic!

Sentiment in the diamond industry improved amid rising expectations for the holiday season. A rallying stock market fueled optimism as the Dow average climbed 3% in November, and anticipation of a US-China trade deal helped as well.          

Polished prices firmed, supported by reduced supply and steady US and Chinese demand for RapSpec A3+ diamonds below 1 carat. The RapNet Diamond Index (RAPI) for 1-carat stones fell 0.5% during November, while RAPI for 0.30-carat improved significantly.