NEWS

Industrial demand to drive robust growth of Silver

Industrial demand to drive robust growth of Silver

Silver’s use in industrial applications, accounting for approximately 60% of total silver demand in 2018, is forecast to see a modest decline this year of 1.8% reaching 585.4 Moz, according to the GFMS / Silver Institute Interim Silver Market Review, which includes provisional supply and demand forecasts for 2018. The interim review was released in November at the Institute’s Annual Silver Industry Dinner in New York City.

 

Demand for electronic and electrical applications is forecast to continue to drive robust growth, forecast to expand by 2.8% to 249.6 Moz in 2018. A general rise in electrical equipment has spurred the need for silver-coated circuity, wires and switches from a variety of end uses. Following the increased electrification of powertrains, the automotive sector is taking a lead in this development.

 


Release the American Eagle on January 10

Release the American Eagle on January 10

The United States Mint (Mint) will release the 2019 American Eagle One Ounce Silver Proof Coin (product code 19EA) on January 10, at noon (EST). The coin is priced at $55.95.

 

This exquisite coin is struck on 99.9 percent fine silver blanks at the Mint’s West Point facility, where it is encapsulated and mounted in a satin-lined blue velvet presentation case with a Certificate of Authenticity.

The obverse (heads) design features renowned sculptor Adolph A. Weinman’s full-length figure of Liberty in full stride, enveloped in folds of the flag, with her right hand extended and branches of laurel and oak in her left.


Perth Mint announces 1oz Silver Proof Coin

Perth Mint announces 1oz Silver Proof Coin

Barbie has been an international sensation since she first strode onto the world stage in 1959 wearing a striped black and white swimsuit. Encouraging girls to reach for their dreams, Barbie has become synonymous with inspiration, inclusion and diversity. Over the past 60 years she has embraced more than 200 professions, countless fashion combinations and a range of different body types, skin tones and hairstyles.

 

Sixty years after Barbie has become one of the best-selling toys and collectables of all time thanks to her ever-expanding wardrobe, range of professions and entourage of friends. Perfect for fans of all ages, this superb 1oz coloured coin marks Barbie's 60th birthday with a representation of the icon in her original swimsuit.

 


Government realized about Rs 80K crores under IBC

Government realized about Rs 80K crores under IBC

According to inked by the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley entitled “Two years of insolvency and Bankruptcy Code (IBC)”, the Congress left behind the legacy of an anachronic system of resolving commercial insolvency.  The Companies Act had a provision of winding up a company if it is unable to pay its debt. 

 

Additionally, the Congress Government had enacted the SICA in the decade of 1980s for rehabilitation of sick companies.  This applied to companies whose net worth has become negative.  The law proved to be an utter failure.  Law carried out rehabilitation; several sick companies got a protective iron curtain against creditors.

 


340 reforms on EoDB in a year

340 reforms on EoDB in a year

Sixteen States have implemented 75% or more of the 340 reforms based on Implementation Score in Business Reform Action Plan 2016.In Business Reform Action Plan 2017-18, 18 States have achieved a combined score (Reform evidence score and Feedback score) of more than 75%.

 

In the row of top achievers who undertakes reforms over 95% are, 1: Andhra Pradesh-98.30, 2: Telangana-98.28, 3: Haryana-98.06. Gujarat is on number 5 with 97.99. Maharashtra is not in the list of top 10. It attained 13 places with reform implementation of 92.88%.

 



US-China to talk trade on 7

US-China to talk trade on 7

Washington will send a team of trade negotiators to Beijing in the week of January 7, to hold trade talks with Chinese officials, said CER. The delegation will be headed by Deputy US Trade Representative Jeffrey Gerrish, and will also include Treasury Under Secretary for International Affairs David Malpass, according to the sources.

 

The meeting will be the first face-to-face meeting between the two countries since Presidents Xi and Trump agreed to a 90-day trade truce during the G20 summit in Argentina last month. Despite some viewing the renewed talks as another sign of progress following gestures by Beijing to address US concerns over auto tariffs and intellectual property, others are sceptical that the truce period will yield any major breakthroughs.

 


UAE Africa Gold Convention to be held on 8

UAE Africa Gold Convention to be held on 8

DGCX-IBMC UAE Africa Gold Convention 2019, is a high level International event attended by Diplomats, Ministers, top Industry Leaders from  gold mines, refineries, jewelers, traders, import export companies from UAE and Africa is to be held on January 08, 2019 at, Armani, Burj Khalifa, Dubai, organised by DGCX & IBMC.

 

The primary objective of the event is to showcase the entire gamut of Gold trade and business activities in UAE and explore potential opportunities available to Gold businesses based in the continent of Africa and UAE. With greater focus on diversification of the business in the country and the region, the gold industry will have a greater role to play in the non-oil business in the UAE.

 


Silver moves AI

Silver moves AI

German and Italian scientists have produced a memristive element! It’s a component whose electrical resistance changes with the amount of current flowing through those functions similarly to a biological nerve cell. This discovery will help advance the science of artificial intelligence (AI) as the element, produced from nanowires, will allow computers to more closely approximate the neural networks of human brains.

 

This could be a large step in the continuing development of artificial intelligence, and silver will play a key role!

The element relies on silver to join it to other components, because silver is one of the world’s best electrical conductors and is malleable enough to connect to the nanosized memristive element.

 


Amour collection for the V’Day

Amour collection for the V’Day

Prakshi Fine Jewellery, the house of contemporary and plush jewels presents Romantic Renditions this season for the perfect Valentine’s Day gift for your beloved. Bejewel this day of love with an adorable ring from Amour collection by Prakshi Fine Jewellery and seal the deal in anticipation! Amaze her with a staggering dainty bauble that she can treasure all day, every day.

 

Featuring magnetism elegant designs, Amour by Prakshi Fine Jewellery embraces stunning and light weight tokens of love for your lady love. Finely crafted in 18K white, yellow & pink gold, the collection offers splendid stackable rings in gorgeous heart shape gemstones & deep red rubies symbolizing love & passion.


EPC setting up for MSME Sector

EPC setting up for MSME Sector

Ministry of Micro, Small and Medium Enterprises (MSME) has recently established an Export Promotion Cell (EPC) with an aim to create a sustainable ecosystem for entire MSME development. The benefits likely to accrue to the MSMEs are:

i.              Evaluate readiness of MSMEs to export their products and services

ii.             Recognize areas where improvements are required in order to be able to export effectively and efficiently

iii.            Integration of MSME into global value chain. This was stated by Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Giriraj Singh in theLok Sabha.

 


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