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 11
Every diamond is a one of a kind gem. It relates to immense pride and joy to own one fine piece. Its beauty and elegance justifies its value. The huge demand and importance of diamond in the society has triggered a small number of investment gurus to compete behind the scenes to turn diamond into … more
May 08
After the social media revolution, is e-commerce the next big follow up in India? Recent trends and figures give an affirmative nod. Australian’s total online spend would reach $10 billion with a 9.1 percent growth in online spending. Is India ready to take advantage of the e-commerce boom? Four reasons that e-commerce is set to … more
Apr 25
Last year, the Gold Prices were quite volatile. The precious metal underwent some record breaking patterns in 2011. The London fixed price of gold hit $1,895 twice in early September. Spot gold prices for immediate settlement, also known as gold futures to some, briefly cruised to $1,916 per ounce around the same time. Year-to-date, the … more
Apr 17
With the ever growing demand of loan for Cars, Houses, Tourism, Higher education, et cetera the Bank, Non-Banking entities and the Gold industry had come up with the old idea of lending funds against collateral of gold jewelry in a more refined manner than in our grandparent’s era. It proved convenient for many Indians with … 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
Le Beau Sancy, The Oldest Diamond Sold For USD9.57 Million
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