A fair weather for G & J business
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Saturday,October 03 2020 [ Issue 1 October/ 2020 ]
A fair weather for G & J business
There is a definite nip in the air, indicating a change of weather and it seems to be symbolic as well, since everything is steadily working in favour of the G & J industry. The Directorate General of Foreign Trade (DGFT) , Government of India, issued a notification dated 28th September permitting the amendment of technical nature, typographical errors or errors apparent on the face of records in KP Certificate based on SOP and validated by Gem & Jewellery Export Promotion Council (GJEPC). The amended policy condition shall also be applicable to pending imports of rough diamonds. The notification is a step towards further enhancing ease of doing business in the sector. This will smoothen the clearance import parcels of rough diamond held due to technical errors at the customs end.

Gem & Jewellery Export Promotion Council, the apex body of gem & jewellery trade in India, organised an exclusive Virtual Business Meet on 28th in order to connect Jewellery Manufacturers from India and leading Retailers/wholesalers of UK. This initiative will boost sales in India and give the much-need impetus to the industry.

These initiatives, coupled with the upcoming festival and wedding season, foretell a fair weather for the whole industry.

 
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Highlights
The online promotion was attended by Colin Shah, Chairman, GJEPC; Shailesh Sangani, Convener, National Exhibitions; Mansukh Kothari, Co-convener, National Exhibitions and Sabyasachi Ray, Executive Director, GJEPC, along with
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A key aspect of the jewellery industry is the correct determining of a gemstone’s country of origin and authenticity. Today, this process relies heavily on expert human judgment and analysis. As a pioneer in this field,
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The Antwerp World Diamond Centre has announced the appointment of six new Board Members representing the trade on the Board of Directors. In the past two days, the Antwerp diamond community participated in Covid-19 safe elect
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The Directorate General of Foreign Trade (DGFT) , Government of India, issued a notification dated 28th September permitting the amendment of technical nature, typographical errors or errors apparent on the face of records in
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In April-August alone exports of coloured gemstones dipped by 63 per cent as compared to the same period last year. Large trade shows have been cancelled, postponed or replaced by virtual ones. Virtual world has its own limit
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Gracing the occasion were Manish Singh, Minister (Economics) at the Indian High Commission, UK; Rohit Vadhwana, First Secretary (Economics) at the Indian High Commission, UK along with Colin Shah, Chairman, GJEPC; Mansukh Kot
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The most significant shift observed is that both men and women are more likely to purchase and/or receive diamond jewelry in the next 6 months, and women indicate they are wearing more diamond jewelry – particularly the
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Lucapa Diamond Company Limited and its partners Empresa Nacional de Diamantes E.P. and Rosas & Petalas are pleased to announce the results from the latest sale of diamonds from the Lulo alluvial diamond mine in Angola. A
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Tiffany & Co. welcomed the decision by theDelaware Chancery Courtto grant Tiffany’s motion to expedite its lawsuit against LVMH Moët Hennessy-Louis Vuitton SE. Tiffany’s lawsuit seeks, among other things,
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