Wednesday 30 September 2015

Maharashtra govt hikes VAT on gold and diamond from 1% to 1.2%

The Maharashtra Government on Wednesday decided to increase, value added tax (VAT) on diamond, gold and the jewellery made out these commodities has been increased from 1 to 1.20 per cent.VAT on petrol and diesel was raised by Rs. 2 per litre. VAT on liquor, cigarettes and aerated drinks have also been increased by five per cent....Read More

Platinum extends slide, falls below $900 to 6-1/2 year low

Platinum prices fell below US $900 an ounce on Tuesday for the first time since January 2009, hurt by fears that the Volkswagen emissions scandal would cut demand from carmakers and perceptions that the market remains oversupplied. The metal has been hit by last week's revelations that Volkswagen AG's falsified U.S. vehicle emission tests,...Read More

HRD Antwerp Reports 3.09 Carat CVD Diamond

HRD Antwerp, the diamond-grading lab, has announced that it has identified a 3.09 ct. brilliant-cut CVD diamond at its Antwerp location. CVD stands for chemical vapour deposition, a technique for growing synthetic diamonds using carbon gas. The stone is the largest CVD to come through the lab and has challenged previous assumptions regarding the size of cut CVD diamonds...Read More

GIA to organise jewellery career fair and open house in California

GIA will open its doors to the public on Friday, Oct. 9 from 8 a.m. to 2:30 p.m. as part of its annual Jewelry Career Fair & Open House. The event takes place at the Institute’s Carlsbad, CA world headquarters and marks the one time of year when GIA’s scenic campus is open to the public without appointment; it is also free to all guests and job seekers...Read More

NAC jewellers won the Best Craftsmanship Award

Chennai based NAC Jewellers has won the ‘Best Craftsmanship Award’ in a ceremony called ‘Icons of Tamil Nadu’ on 23rd September, 2015. The award was presented to Ananta Padmanabhan, MD, NAC Jewellers by Konijeti Rosaiah, Governor, Tamil Nadu...Read More

Senco Gold & Diamonds gets Rs 80 crore funding

There are discernible changes taking place in Kolkata based Senco Gold & Diamonds as it tries to shed off its regional tag and become a national player ever since it received Rs 80 crore in funding from VC firm Saif Partners. Suvankar Sen, who now helms Senco, has roped in former Indian cricket captain Saurav Ganguly to be its brand ambassador...Read More