May 16
Indian Gem and Jewellery Industry have been under pressure in FY 2011-2012. A marginal decline of 0.36% in the period has been witnessed due to the decrease in trading exports of diamonds. Retail jewellery took a hit after Akshaya Tritiya due to the decreasing rupee against dollar. Gold Jewellery Export • In FY 2011-12, the … more
May 12
The affordable white metal is back in the market with an impact, owing to price hike of gold item around the globe. The word silver originated from Anglo-Saxon Seolfor or siolfur; meaning ‘silver’, and Latin argentum meaning ‘silver’. Silver: A brief Prior to the 18th Century, silver was found primarily in the homes of the … more
Mar 16
Finance Minister Pranab Mukherjee has granted a wonderful gift to E-Commerce entrepreneurs by making an important announcement to introduce GST by August 2012 in his Union Budget 2012-13 speech. For e commerce entrepreneurs, this is such a fantastic news as they are expect that with the implementation of the Goods and Service Tax(GST) prices of … more
Aug 03
India has been rated as the largest manufacturer of gems and jewellery. Indian gems and jewellery industry contributes over 12 percent to the total export earrings of the country and there are around 1.5 million workers employed in this industry who are highly skilled and efficient. But the industry faced a crucial time as it … more
May 21
Gems and jewellery industry in India is rising like the morning sun in the sky, with the most glistening shine by being the greatest manufacturing center for gems and jewellery where the domestic market was guessed to be approximately USD16.1 billion in financial year 2009. Not only this, in the year 2010 India outshined as … more
May 13
In January, 21 Indians amongst 33 foreigners were arrested in Shenzhen for smuggling diamonds worth millions of dollars from Hong Kong to mainland China to avoid the 4 percent import duty. Though being a part of China, Hong Kong is a duty-free import area for rough diamonds while China demands the custom duty of 4 … more
Le Beau Sancy, The Oldest Diamond Sold For USD9.57 Million
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