Rising tension between Israel and Palestine is not likely to have any adverse impact on the gem and jewellery industry’s exports, GJEPC has said. India has witnessed substantial exports of gem and jewellery to Israel, amounting to USD 1,279.76 million in 2022-23, according to data by the Gem Jewellery Export Promotion Council (GJEPC). It is…
The downsizing of Canadian missions in India is not complete yet with both countries still discussing the modalities of the exercise and Ottawa apparently not keen on ensuring parity in diplomatic presence that New Delhi is seeking. The Indian government didn’t deny reports on Wednesday from Canada that some of its diplomats may have overstayed,…
NEW DELHI: The Supreme Court, which has traditionally been pro-life, was split Wednesday over choosing between stopping the heart of an over 26-week-old healthy fetus and the choice of its carrier, a married woman, to terminate the pregnancy which is impermissible under the Medical Termination of Pregnancy (MTP) Act.A bench of Justices Hima Kohli and…
New Delhi: D2C essential menswear brand DaMENSCH is planning to open 100 stores by the end of 2024, the company shared in a media release on Wednesday. Within a span of 12 months, the homegrown innerwear brand has opened 25 exclusive retail outlets in India. On the recent launch of its 25th store, Gaurav Pushkar…
New Delhi: Bagzone Lifestyles, the parent company of fashion accessories brand Lavie has raised USD 9 million in a funding round by First Bridge India Growth Fund, shared a top official of the company. This is the first external funding for the bootstrapped startup, said Ayush Tainwala, CEO, Bagzone Lifestyles. He declined to share the…
New Delhi: Reliance Retail plans to open a dozen luxury stores for ethnic handicrafts under its Swadesh brand in India and overseas, executives directly aware of the developments said. The stores will be similar to government-run Central Cottage Industries Emporium stores but with a more upscale focus, the executives said. The retail arm of Reliance…
All India Gem And Jewellery Domestic Council (GJC) is not in favor of banning the import of rough natural diamonds until December 15, a top official said. The GJC board will meet to deliberate on the issue in order to prevent a hardening of the price of the precious stone in the domestic market ahead…
Israel’s Iron Dome anti-missile system intercepts rockets launched from the Gaza Strip The Israel-Hamas conflict is expected to impact the trade of gems and jewellery between India and Israel, exporters said on Monday. Colin Shah, MD, Kama Jewelry, said the war can “adversely” impact Indian exports to Israel. Total gems and jewellery trade between India…
Back in January 2023, one supercar called the ‘Mada 9’ went viral, not for its cutting-edge design or high-performance engine but for being built in Taliban-occupied Afghanistan. At the time, it was revealed that Kabul-based car design studio ENTOP, was behind the first supercar from the country. Images and videos of the supercar being unveiled…
Kolkata: As the escalating Israel-Palestine conflict pushes up gold prices, jewellers see consumers selling their gold holdings in the upcoming festival season to buy new ornaments in a bid to gain from the spike in prices. Gold prices in India have jumped by ₹874 per 10 gm to touch ₹ 57,415/10 gm after the Palestinian…
