NEWS

Diamond Terminology Guideline released!

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

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

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

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

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

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

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%

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!

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

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.

 


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