Beers Group today announced the value of rough diamond sales (Global
Sightholder Sales and Auction Sales) for the sixth sales cycle of 2019.
Cleaver, CEO, De Beers Group, said: “With ongoing macroeconomic uncertainty,
retailers managing inventory levels, and polished diamond inventories in the
midstream continuing to be higher than normal, De Beers Group provided
customers with additional flexibility to defer some of their rough diamond allocations
to later in the year. As a result, we saw a reduction in sales during the sixth
cycle of 2019.”
Gold is herein reporting its financial and operational results for the second
quarter 2019. Second quarter results include strong gold and silver production
highlighted by a second straight quarter of record production at Jacobina.
to the report, a 7% year-on-year increase in production to 257,556, including
232,863 ounces of gold and 2.17 million ounces of silver. In-line cost
guidance, including all-in sustaining costs of $941 per GEO and cash costs (3)
of $670 per GEO.
reported its financial results for the second quarter and six months ended June
30, 2019. For the three months ended June 30, 2019, Sotheby’s reported net
income of $57.0 million, or $1.20 per diluted share as compared to $57.3
million, or $1.08 per share in the second quarter of 2018.
certain items, Adjusted Net Income was $70.0 million, or $1.47 per diluted
share in the second quarter of 2019 as compared to Adjusted Net Income of $58.1
million, or $1.09 per diluted share in the second quarter of 2018 – increases
of 21% and 35%, respectively, from the second quarter of 2018.
renowned heritage jewellery brand, PNG Jewellers is back with its most awaited
annual festival, “The Mangalsutra Mohotsav”.
The biggest and most successful Mohotsav till date has something unique
in store for every woman who likes to wear their strength and symbol of love
from 27th of July & to run upto 31st August 2019, this month-long festival
showcases a diverse range of attractive mangalsutras -one of the most important
pieces of jewellery adorned by the Indian women.
embodies love, togetherness and holy matrimony.
issues clarification on incorrect reports in social media pertaining to
difficulty in filing of Income Tax Returns. Central Board of Direct Taxes
(CBDT) has said today that no changes have been made in any of the Income-tax
Return (ITR) forms including ITR-2 and ITR-3 since the notification made on 1st
April 2019, i.e. on the 1st day of the Assessment Year 2019-20.
were reports in social media that the taxpayers were facing difficulties in
filing return of income in ITR-2 & ITR-3 due to large scale changes in the
ITR form on 11th July, 2019. It is stated that the software utility for
e-filing of all the ITR forms has been released long back. The utility for
e-filing ITR-2 and ITR-3 was released on 2nd May and on 10th May 2019
lakh Micro, Small and Medium Enterprises (MSMEs) were registered on Udyog
Aadhaar Portal in the country during March, 2018 to March 2019.
Ministry of MSME facilitates access to finance for Micro and Small Enterprises
through its schemes / programmes namely Prime Minister’s Employment Generation
programme (PMEGP), Credit Guarantee Scheme for Micro and Small Enterprises and
Credit Linked Capital Subsidy Scheme.
is one of the most vibrant global economies with diversified financial sector
undergoing rapid expansion. The substantial expansion of the Indian Capital
Market can be appreciated from the fact that Sensex has grown from just 100 to
above 40,000 in a matter of 40 years, representing a return of 400 times.
Financial Technology (FinTech) catching up fast, the Financial Market is
banking on the dynamic technology platforms like Automation, AI, Big Data
Analytics, mobile wallets etc. The Government of India has taken various steps
to deepen the reforms in the capital markets, including simplification of the
Initial Public Offer (IPO) process and allowed qualified foreign investors
(QFIs) to access the Indian bond markets.
the Las Dolores Zone within the Las Conchitas area of its wholly-owned San
Albino-Murra property located in Nueva Segovia, Nicaragua. The goal of the 2019
drill program at the Las Dolores Zone was to confirm and extend the near
surface, high-grade mineralized shoot previously encountered in trenches and
only at 2.5 kilometers south of the Company’s San Albino gold project and
bordering the El Jicaro concession to the south, the Las Dolores Zone hosts
near surface high-grade mineralization in a geological setting similar to that
of the San Albino Gold Deposit. The Las
Dolores Zone remains open along strike and down dip.
Silver Mining Ltd reports on the operating results from the Veta Grande Project
in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the
second quarter (2Q) of 2019 and says, consolidated silver equivalent production
increases by 114% as compared to Q2 2018 and 45% as compared to Q1 2019.
Grande silver equivalent production increases by 185% as compared to Q2 2018
and 18% as compared to Q1 2019 while Rosario silver equivalent production
increases by 48% as compared to Q2 2018 and 145% as compared to Q1 2019.
Jewels, one of India’s most trusted jewellery brands, has launched its three
new showrooms in Hyderabad, Bhagalpur & Chandigarh. On the occasion of our
12th anniversary and with the grand new showroom launch in all three cities,
patrons can now enjoy the launch of our new Aabhar Collection, inspired by the
creator’s most beautiful expression of grace- Peacock. The Aabhar collection
consists of Gold & Diamond earrings in beautiful ornate designs created to
dazzle extraordinary as well as everyday moments.
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