Commerce and Industry Minister Suresh Prabhu has said his ministry wants to include the export segment under the priority sector-lending category and it has taken up the issue with the Reserve Bank of India.
Jewellers are facing challenges in availing funds from banks following the PNB fraud case in which diamond traders Nirav Modi and his uncle Mehul Choksi are allegedly involved, a top industry official said.
The 3-day wedding jewellery exhibition was inaugurated by actress Kiara Advani and had the elite of Hyderabad mesmerised with its alluring exhibit of jewellery.
The 47-year-old diamantaire was able to travel in and out of Britain at least four times since his passport was cancelled by the Indian authorities in February.
Provisions of the stringent Cofeposa have been invoked against the three accused, including the father and son duo, allegedly involved in diversion of gold jewellery meant for export.
Siddharth Bindra, MD, BIBA jewellery and Aditya Pethe, Director, Izaara and WHP Jewellers list some trends that are making waves.
The show witnesses 14,500 pre-registrations on Day 1 as compared to 11,000 last year. The Council expects the registration to be over 16000 by the end of the show.
In a surprising turn of events yesterday, CBI has booked diamond merchant Nirav Modi, his brother, wife and a business partner for allegedly cheating the Punjab National Bank (PNB) of over Rs 280.70 crore in 2017.
GJF had conjured an evening comprising an elegant mix of fashion, style and glamour to showcase the multifaceted creativity of the Indian handcrafted jewellery.
Jewellery designer Pallavi Foley and Sanjay Jagwani, Director, Notandas Jewellers, have listed some jewellery trends to watch out for in 2018
The winners of the 7th edition of JJS-IJ Jewellers Choice Design Awards 2016 announced in the gala award evening held on 23rd December 2017, at Crowne Plaza in Jaipur.
Presence of industry stalwarts, celebrities, insights and entertainment makes the IMP show an evening to remember.
With an interesting mix of industry and non-industry experts, the first day of the summit definitely proved to be a learning platform for industry personnel says Vijetha Rangabashyam.
The India Gold & Jewellery Summit will cover topics such as value addition through jewellery manufacturing, merchandising and marketing and trends, among others.
World’s largest independent gemological institute's, user-friendly diamond identification card continues to garner positive reviews in the Indian Market.
Old Bridge Capital Management has bought 3.6% stake in Madurai-based jewellery retailer Thangamayil Jewellery, in a bulk deal data on the National Stock Exchange.
Ganjam, the heritage jewellery brand presents an exhibition for the ethereal KUMUDINI collection at their Mumbai store in The Taj Mahal Palace Heritage Wing.
The rough rubies were extracted by Montepuez Ruby Mining Limitada from the licence held by MRM in the Montepuez district of Mozambique.
As a part of their Diwali celebrations, The International
Gemological Institute, IGI India, declared open a contest 'Flaunt Your Stone. Share The Story' on October, 8, 2017.
‘India Gold & Jewellery Summit’ to be held on 1st & 2nd December, 2017 at Vigyan Bhawan, New Delhi.
Gold Bullion Association says outlook for upcoming wedding season looks great in terms of sales.
With delegates discussing about growth triggers in different aspects such as mining, creating demand, boosting consumer confidence and so on, the ICA Congress has shed light on the potential of coloured gemstone industry of India.
Jewellery worth Rs 12 crore was stolen from two manufacturing units in central Delhi's Karol Bagh.
Over 275 global members from 25 countries are to attend the biennial ICA Congress
Non-conducive climatic conditions along with GST & demonitization has put jewellers in Pune in a big low this Diwali.
In a move to ensure only quality gold is sold to customers, hallmarking will soon become compulsory.
The highlight of JYF’s Learn to Earn - II was Emerald Jeweller’s K.Srinivasan’s powerful & inspiring story of his success. With a rapt audience, the forum was certainly a welcome change and a good platform for knowledge sharing reports Vijetha Rangabashyam
Saffronart is organising an interdisciplinary conference, The Timeless Legacy of Indian Jewels, from 6 – 8 October 2017.
A singular exhibit of intricately designed 17th to 20th-century jewelry and ornate objects from India will debut on Oct. 13 at GIA’s headquarters in Carlsbad, California.
Models walked the ramp wearing resplendent jewellery of diamonds, emeralds and other precious stones and audience was reassured that India is and will continue to be a leader in handcrafted jewellery.
The crème de la crème of the television fraternity was present at the Emmy Awards earlier this week. Their stunning red carpet outfits were paired with even more stunning diamond and other precious stone jewellery. Here’s IJ’s top picks of some of the best jewellery pieces seen at the Emmy Red Carpet.
As promised, we are back with a few more awe-inspiring pieces that caught our attention at Couture India this year.
Deemed as the best show for fine/high jewellery in India, Couture India 2017 was certainly a treat for the eyes! Here is a short recap of some of the jewellery we loved.
The notice which was issued on 23rd August says that Jewellers with a turnover of Rs 2 Cr will be covered under the Prevention of Money Laundering Act 2002.
Gold prices eased by Rs 70 to Rs 29,350 per ten gram at the bullion market today owing to slackened demand from local jewellers and a weak trend overseas.
The Couture India Lookbook was unvielled yesterday at IIJS 2017 in the presence of emininent personalities from the industry.
The workshop to be held during IIJS 2017 will focus on how to gain higher profits by using best retailing practices.
The 2nd Common Facility Center for the gem & jewellery and diamond industry was inaugurated at Palanpur by Minister of State (IC) for Commerce & Industry Smt. Nirmala Sitharaman, and Minister of State for MSME Shri Haribhai Chaudhary on Monday.
Many Kerala-based jewellers have expressed their angst regarding Malabar Gold & Diamond’s decision of waiving GST for the customers.
Jewellery parks to be set up in Bengal and sops given to draw in more customers.
Implementation of GST on 1st of July has resulted in lacklustre business on Monday.
7th Edition of JJS-IJ Jewellers Choice Design Awards powered by GIA is all set to begin yet another edition of innovating designs that are sure to do the talking in the near future.
While jewellers are happy with the new GST implementation, many of them are desperately trying to get rid of old jewellery stock by giving good discounts on making charges.
You can be duped easily when you're buying gemstones. Be aware of check points before making the purchase, say experts.
While styles come and go, these jewellery pieces are here to stay according to industry experts.
Expecting better sales after the new uniform taxation regime GST, Malabar Gold & Diamonds has drawn up a Rs 2,000 crore expansion plan to open 80 more stores this financial year.
The Enforcement Directorate (ED) has attached Mehrasons Jewellers' bank deposits of Rs7 crore, the amount equivalent to the value of alleged assets stashed abroad, in connection with its probe into the Panama Papers case.
Indian jewellers show concern over their businesses as the rift between Qatar and u nations is still alive.
A three-day trade extravaganza of India's leading jewellers by UBM India in the City of Pearls.
Main accused interrogated in the case of killing of two jewellers earlier this month in Mathura.
Firoz Merchant promised to provide USD 130,790 a year to fund the air tickets for released prisoners, to help them go back to their country and reunite with their families.
Exquisitely crafted platinum jewellery is truly a red carpet favorite at Cannes this year.
From Rihanna to Julianne Moore, celebrities dazzled in beautiful jewellery from high jewellery atelier Chopard.
38 Indian Manufacturers to exhibit their products to 70 international buyers from SAARC and Middle East region.
“Labham” – an educational seminar on compliance & best business practices for the gems & jewellery trade to be organized by GJF today in Mumbai.
Swarovski Zirconia Galleria shines a spotlight on key trends
GJF COA installation ceremony was graced by Ajay Sancheti, Hon. Member of Parliament (Rajya Sabha) and Dr. Vedprakash Mishra.
Income tax for small companies with an annual turnover of Rs 50 crore, now to pay 25%, a 5% reduction; 96% Indian companies will get benefit of MSME tax cut.
The second edition of Couture India will be held from 9th to 11th September 2017 at Taj Palace in New Delhi.
16 Indian Exhibitors across categories including jewellery, loose stones and machinery
The Indian gems and jewellery industry is hoping that the forthcoming budget would be more industryfriendly,which would lead to further growth of the industry. Kavita Parab spoke to few industry playersto know their views on the forthcoming budget.
This was GJF’s first ever election; all eligible members of GJF were given an opportunity to contest and cast their vote
4th edition of IGJME to exhibit the latest in gem and jewellery technology at the same time
The winners of the JJS-IJ Jewellers Choice Design Awards 2016 announced in the gala award evening...
Gems and jewellery industry has been worst hit due to the demonetization
The Jewels Talk was another initiative by GJSCI where students got to learn about the Gems and Jewellery sector from the professionals, which will help the future guns to cop up the hurdles and master in this sector.