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 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, 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 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
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
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
