India’s Gem and Jewelry Exports Down 82 per cent
India's overall exports of gems and jewelry slumped by over 82 per cent in April and May as trade was devastated by COVID-19.
Overseas sales amounted to just $568m, said the Gem and Jewellery Export...
Yours for $25 – a Copy of Meghan Markle’s Sparkler
Amazon is selling copies of Meghan Markle's diamond engagement ring at the rock-bottom price of just $25.
The real thing features a cushion-cut diamond sourced by Prince Harry from Botswana, with two smaller stones that...
Moody’s affirms ALROSA’s Baa2 ratings, outlook stable
Moody's Investors Service has affirmed the Baa2 long-term issuer rating of ALROSA PJSC, the outlook remains stable. The agency believes the company will retain its resilient financial position and cash flows.
The rating...
Professional Jeweller and WatchPro join forces for 2020 Awards
Professional Jeweller and WatchPro have decided to join forces for a single awards dinner that will celebrate the energy, fortitude and brilliance of our remarkable industry.
The annual Professional Jeweller Awards were scheduled to take...
BlueRock Reports Record Output after Lockdown
British miner BlueRock reports record output since it re-opened Kareevlei, in South Africa, after COVID-19 restrictions were eased.
Production has been averaging almost 2,000 tons a day since 11 May 2020, up almost two-thirds on...
ALROSA Ecology Center launches its annual rivers stocking program in Yakutia
The specialists of the ALROSA Ecology Center on May 27 conducted the first stage of the large-scale stocking with the release of 1 million vendace fry into the Lena River in Yakutia, Russia.
For...
India’s Diamond Industry Hit by 2% Online Sales Tax
India's diamond industry, already reeling from COVID-19, has been dealt another blow, with the introduction of a 2% online sales tax.
The so-called Equalization Levy will be applied to all sales made by any foreign...
PNG Jewellers Re-opens With New Sanitization Measures
Pune based, heritage jewellery brand, PNG Jewellers re-opened their stores on the 21st of May 2020 on receiving a nod from the authorities. Most of their stores across Maharashtra, barring Mumbai MMR, Camp area,...
Facebook to launch new shopping feature across apps
Facebook announced on Tuesday it is launching Shops, a service that will allow businesses to display and sell products on its platforms.
Mark Zuckerberg, Facebook’s CEO, is positioning Shops as a tool for small businesses,...
Father-son duo to open new jewellery store amid coronavirus crisis
A father and son duo are preparing to open a brand new jewellery store in Hadleigh when lockdown measures are eased.
While many fear retail businesses may be forced to close in the aftermath of...
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