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Finance Ministry Sets up Committee on Exports to Recommend Strategy in Post GST Scenario

The Hon’ble Union Finance Minister, Government of India, Shri Arun Jaitley yesterday announced the formation of a Committee on Exports to look at the issues of export sector and to recommend to the GST...
ecommerce news india

Is drop shipping a better option to manage inventory for selling online?

Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to the manufacturer, another retailer, or a wholesaler,...
pricing strategies in ecommerce

How should you price your products?

Indian consumers are a price-conscious lot. Period. So when you think of pricing your products, you may want to ensure your prices are such that your target audience does not equate them to burning...
amazon

Amazon Australia Launch Imminent Say Analysts

Retailers across Australia have been anticipating the arrival of e commerce giant Amazon for several months. It now seems apparent that they will be launching as early as October, giving them time to exploit...
gjepc

GJEPC Welcomes GST Council’s Decision Harmonising GST rates for Import of Rough Diamonds

The GJEPC has welcomed the decision of the GST Council to harmonise rates for import of rough diamonds across all HS Codes, thus reducing the GST on the industrial and unsorted diamonds category from...
lucapa

Lucapa Earns US$ 7.4 Million from 7th Sale of Lulo Rough in 2017

Lucapa Diamond Company has announced that the seventh sale of alluvial diamonds from the Lulo mine this year has generated gross proceeds of US$ 7.4 million, taking gross proceeds from Lulo diamond sales to...
gold

Gold Price Near 12 Month High on Renewed Political Tensions, Economic Uncertainity

Global gold prices soared to near US$ 1340 per ounce during trading on Monday, Sept 4, a little below the US$ 1349 per ounce recorded in early September 2016 as political tensions intensified following...
alsoro

ALROSA Holding Auctions of Rough and Polished Diamonds on Sidelines of the EEF

On September 6 and 7, ALROSA is holding two auctions for the sale of both, rough and polished diamonds, on the sidelines of the Eastern Economic Forum (EEF) currently being held in...
CIBJO

CIBJO President Discusses Methods of Responsible Sourcing During visit to Colombia

On a recent visit to Colombia, CIBJO President Gaetano Cavalieri held wide-ranging discussions with representatives of the country's government and industry on methods for responsible sourcing of coloured gemstones, which included possible alternatives that...
Stones

Bonas to hold major gem tender at Sept Hong Kong Fair

UK-based tender house Bonas is holding a one-off clearance sale of polished coloured gemstones with a total weight of 200,000 carats at the September Hong Kong Jewellery & Gem Fair. The exceptional pieces...

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Luxury Market Faces Mild Dip as Economic Uncertainty Grows

Luxury Market Faces Mild Dip as Economic Uncertainty Grows

The global luxury market saw a slight downturn last year, with spending dipping by 1%, marking one of the sector’s most significant slowdowns in...
Solitario Debuts in Delhi with a Boutique Store at Study by Janak, South Extension

Solitario Debuts in Delhi with a Boutique Store at Study by Janak, South Extension

New Delhi, July 9, 2025 – Solitario Diamonds, one of India’s fastest-growing lab-grown diamond labels, officially launched its exclusive 300 sq. ft. retail space...
World Gold Council Sees Uncertain H2 Outlook as Gold Soars 26% in H1 2025

World Gold Council Sees Uncertain H2 Outlook as Gold Soars 26% in H1 2025

Gold delivered an exceptional performance in the first half of 2025, rising 26% in US dollar terms and outperforming all major asset classes, according...
IGI Upholds 4Cs Grading Standards for Lab-Grown Diamonds

IGI Upholds 4Cs Grading Standards for Lab-Grown Diamonds

The International Gemological Institute (IGI) has reaffirmed its commitment to using the traditional 4Cs — color, clarity, cut, and carat — when grading lab-grown...
Birks Group Expands Luxury Reach with C$9M Acquisition of European Boutique’s Watch and Jewellery Business

Birks Group Expands Luxury Reach with C$9M Acquisition of European Boutique’s Watch and Jewellery...

Birks Group Inc. has officially acquired the watch and jewellery operations of Toronto-based European Boutique for C$9 million, marking a significant step in its...
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