G & J Industry Welcomes Union Budget
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Saturday,February 06 2021 [ Issue 1 February/ 2021 ]
G & J Industry Welcomes Union Budget
Budget 2021 is indeed a boon for business owners and gives impetus to entrepreneurship. Gems and jewellery industry is happy with the results and is looking forward to the new year with renewed hopes. Equalisation Levy of 2% not applicable on B2B Purchases from International Diamond Auctions is also great news for the trade as it will enable manufacturers to directly buy from miners.

Industry stalwarts are happy with the budget and look forward to prosperous New Year, where gold prices will stabilise at a new high and bring in demand for their products.

As the vaccine works its powers and travel restrictions are eased business will surge back to normal. The pandemic has taught each one of us lessons that one cannot overlook. Despite the tough challenges that the past year brought our way, each entrepreneur has done his best to tide over and make a happy entry into the new year.

Highlights
Canada-based miner Dominion Diamond Mines ULC has completed the previously announced sale of the Ekati diamond mine and associated assets to Arctic Canadian Diamond Company Ltd., a company formed and owned by funds and accoun
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The Love For Wedding Gifts This Fabergé tiarawas a wedding gift from Frederick Francis IV, Grand Duke of Mecklenburg-Schwerin to his bride Princess Alexandra of Hanover and Cumberland. But it arrived too late for the b
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Whether you are new to the gem and jewelry industry or a veteran looking to expand your knowledge, education fromGIAwill equip you with the tools to succeed. A scholarship fromGIAmakes achieving your educational goals financi
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De Beers Group is pleased to launch ReSetForever Love, a celebration of love and sustainability in the modern world, as interpreted by three emerging jewellery designers who recently graduated from Central Saint Martins in Lo
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De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the first sales cycle of 2021. Owing to the restrictions on the movement of people and products in various jurisdicti
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The Gem & Jewellery Export Promotion Council (GJEPC) signed a Memorandum of Understanding (MoU) on 29th January, 2021, with the National Small Industries Corporation (NSIC) for the mutual benefit of their members. The MoU
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DMCC – the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise – has welcomed Cajary Majlis, an international trader and distributor of food products and wholesal
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GJEPC welcomes Hon’ble Finance Minister Nirmala Sitharaman’s visionary budget; reduction on customs duty on raw materials like gold, silver and platinum to boost jewellery exports. The Finance Minister Nirmala Sit
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Starting tomorrow, Uni Diamonds is conducting a virtual Gemroom Tender, where an array of inventory will be available at unbeatable prices. The tender is scheduled to go on till February 5th.Uni Diamonds is one of the foremos
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