role of responsible business practices
the future of the jewellery industry
Responsible Jewellery Council (RJC) hosted an industry panel discussion at the
35th Hong Kong International Jewellery Show in Hong Kong. Moderated by Edward
Johnson, RJC’s newly appointed Director of Business Development, the discussion
focused on the commercial case for responsible business practices (RBP) in the
Union Cabinet chaired by Prime Minister Shri Narendra Modi, has approved the
proposal of the Ministry of Finance to introduce the Fugitive Economic
Offenders Bill, 2018 in Parliament. The Bill would help in laying down measures to deter economic
offenders from evading the process of Indian law by remaining outside the
jurisdiction of Indian courts.
cases where the total value involved in such offences is Rs.100 crore or more,
will come under the purview of this Bill.
Ministry of Finance states that the Second Advanced Estimates released by the
Central Stastical Organisation (CSO) indicate a broad-based and significant
acceleration of real economic activity as projected in the Economic Survey.
for real GDP growth for 2017-18 have been revised upwards to 6.6 percent,
compared with 6.5 percent in the First Advance Estimates. Similarly, real GVA
growth for 2017-18 has been revised upwards from 6.1 percent to 6.4 percent.
Real GDP growth for the third quarter is estimated at 7.2 percent, up from 6.5
percent in the second quarter; real GVA growth has accelerated from 6.2 percent
in Q2 2017-18 to 6.7 percent in Q3 2017-18.
Central Board of Direct Taxes (CBDT) entered into seven more Advance Pricing
Agreements (APAs) during the month of February, 2018. All the seven are
Unilateral APAs. With the signing of these Agreements, CBDT has crossed an
important milestone of having signed 200 APAs.
total number of APAs entered into by the CBDT till date has gone up to 203.
This includes 185 Unilateral APAs and 18 Bilateral APAs. In the current
financial year, the CBDT has entered into 51 APAs so far (44 Unilateral APAs
and 7 Bilateral APAs).
has opened for participation in the first-ever edition of the Bharat Diamond
Week at the Bharat Diamond Bourse (BDB) in Mumbai, India. The BDB expects
thousands of visitors from India and abroad to take part in the April 23-25
international diamond week. The BDB said that 200 Indian companies will be
exhibiting polished diamonds to buyers from across the world.
interest in the Bharat Diamond Week continues to rise far beyond our original
projections and this is extremely positive," said Bharat Diamond Bourse
Vice-President Mehul Shah, who is heading the Diamond Week project. "We
believe that there will be around 4,000 visitors. Our aim is to create
connections between our international friends and colleagues and Bharat Diamond
3: The Gems and Jewellery Export Promotion Council (GJEPC), Govt. of India
undertaking, organised “Design Inspirations” a two-day knowledge forum on
upcoming jewellery trends. The two-day seminar and think tank focuses on
understanding what creates jewellery trends in World’s major jewellery
consuming markets like India, USA and Europe. Each year this two-day gathering
of thought leaders brings forth the expected fresh insights which are
revolutionising this dynamic industry.
Jewellery + Forecasting Seminar today!
IEG Group will present 55 Italian and international exhibitors at its T.Gold
International + Mets technology and machinery exposition, and look to the future
through the Trendvision Jewellery + Forecasting trends observatory.
Italian Exhibition Group (IEG) returns to Asia, where it will highlight state
of the art technology and innovation in the jewellery and watch industries at
this year's 35th edition of the Hong Kong International Jewellery Show, March
Third quarter (Q3) estimate of Gross Domestic Product released by the Central
Statistics Office (CSO), Ministry of Statistics and Programme Implementation
estimates the GDP to grow at 7.2 percent Q3 (2017-18). As per CSO, “Real GDP or
GDP at constant prices has reached Rs 32.50 lakh crore in Q3 2017-18 as against
Rs 30.32 Lakh crore in Q3 2016-17. The Real GVA, i.e, GVA at basic constant
prices (2011-12) is expected to increase from 112.48 lakh crore in 2016-17 to 119.64
lakh crore in 2017-18.
from the Kagem mine in Lufwanyama District have been sold at auction for a
total of US$10.8 million. Proceeds from the auction will be fully repatriated
to Zambia, with all royalties due to the Zambian Government paid on the full
sales prices achieved at the auction, the company stressed.
auction was of predominantly commercial quality rough emeralds mined by Kagem
Mining Ltd - believed to be the world’s single largest producing emerald mine -
which is 75% owned by Gemfields and 25% by the Government of the Republic of
Technologies Ltd announces its participation in Hong Kong shows showcasing its
new Sarine Technology Lab and the unique services it offers.
today at the Hong Kong International Diamond, Gem & Pearl Show at AsiaWorld
Expo (booth 10A-05) thru March 3rd, and continuing at the Hong Kong International
Jewellery Show at the Convention and Exhibition Centre in Wanchai (booth
5CON-015B) from March 1st thru 5th, Sarine will be showcasing its Sarine Technology
Lab and the various services offered as packages under one roof.
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