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Saturday,February 20 2021 [ Issue 4 February/ 2021 ]
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Diamonds bring shine back to business
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Our nation enters into a new challenging phase of development – as the flailing economy recovers. India’s overall gross exports of gems and jewellery in January 2021 stood at $2669.92 million, showing a decline of 8% compared to January 2020. However, overall gross imports of gems and jewellery in the same month grew 14% year-on-year to $1822.89 million, reflecting the uptick in manufacturing activity and improving retail demand.
Cut and polished diamond gross exports returned to positive territory in January 2021, rising 9% to $1804.83 million as compared to $1649.14 million in January 2020. This is a sure sign of green shoots appearing in the economy owing to the efforts put in by personnel from the G & J sector.
Diamond exports are rising rapidly, despite the increase in prices of roughs, Indian diamond industry is entering a new phase of development with BDB mulling over allowing trading of lab grown diamonds and certification for lab grown diamonds brought nearly at par with that of natural diamonds. The diamond supply chain is gearing up to meet these new challenges. As the industry shines on. Shine one, shine all.
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|  | | Commenting on the association,Mr. Ramesh Narang, Director,Hazoorilal Legacysaid,“We’re delighted to have Tara take our brand story forward. Hazoorilal Legacy stands for classic and timeless jewelry and Tara, with |
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| | |  | | The 62-page illustrated document provides an overarching view of natural and cultured pearls, from both seawater and freshwater sources, and highlights the important parameters by which their appearance can be described and a |
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| | |  | | Overall gross imports of gems and jewellery in the same month grew 14% year-on-year to $1822.89 million, reflecting the uptick in manufacturing activity and improving retail demand.
During the April 2020 to January 2021 perio |
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|  | | Inspired by the inner world
The poetic and romantic designationjardindescribes the plant-like shapes found within an emerald. A microscope reveals the fascinating hidden inner world of the gem reveals itself. Spectacular stru |
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| | |  | | “Sputnik V” was the world’s first registered vaccine based on thewell-studied human adenoviral vector-based platform. A 100.53-carat rough diamond has dimensions 27,15х28,81х29,56 mm and flattened octahedron |
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| | |  | | Leading diamond security specialist, Opsydia, has unveiled new classifications for its sub-surface identifiers, allowing diamond manufacturers, brands and grading houses to choose from a range of visibilities to suit their sp |
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|  | | PinkThe prices of all Pink diamonds overall remained without a change in Q4 2020, withFancyandFancy Intensecategories presenting a slight increase. The 1.00-1.49 and 2.00 to 2.99 carats segments presented an increase of 0.4% |
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| | |  | | Hari Krishna Group, a leading name in the Gems and Jewellery industry, organized a blood donation drive on 13th February 2021 at The Capital, BKC, Mumbai. The donation camp was held on the occasion of HK’s 8th anniversa |
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| | |  | | Shri. P Uday Kumar, Director Planning and Marketing and Shri. Upender Kumar Kohli, General Manager (BD- MSS) of NSIC, Ministry of MSME, New Delhi were present to brief participants on NSIC’s various important schemes.
T |
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