GJ Town India

Balance Ring, the part of the balance series, as a three-dimensional (3D) trademark! Tasaki is proud to announce the successful registration of the design of its iconic balance signature Ring, part of the balance series, as a three-dimensional (3D) trademark with the Japan Patent Office. This means that the shape of the product itself has now become 3D trademark, independent of the Tasaki logo. The 3D trademark system began in 1996 to register and protect the 3D shape of products and services with distinctive characteristics that set them apart from other products and services as trademarks. This registration is official recognition that the 3D shape of the balance signature Ring, with its distinctive row of pearls, is widely familiar to members of the public as a TASAKI product, even without the Tasaki logo. The balance series was created by Tasaki Collection Line designer Thakoon Panichgul, who used balance balls as the inspiration for his design. The ring feature...

Touchstone Award recognises effective enforcement of hallmarking in the UK! The NAJ has become joint sponsor of a British Hallmarking Council (BHC) Award for Trading Standards, reflecting the importance of the effective enforcement of hallmarking in the UK. The annual Touchstone Award recognises the Trading Standards team who deliver the most effective enforcement or educational initiative related to Hallmarking. The recent Chartered Trading Standards Institute (CTSI) Symposium in Brighton saw many Trading Standards Officers rewarded for their outstanding contributions to the Service and the prestigious Touchstone Award was amongst these. The award was presented by Andrew Hinds of F. Hinds, former Chair of the NAJ and a member of BHC. The impressive sterling silver award was won by Shared Regulatory Services (Cardiff, Bridgend and Vale of Glamorgan) for their ongoing hallmarking enforcement projects. Their application comprised two parts: proactive visits to 21 jewe...

MSDE keen on a creation of Workforce for handling AI Skills Technology advances with transformative changes such as globalization and disruptive business models shall have important implications in the world of work and associated skills in near future. Ministry of Skill Development and Entrepreneurship (MSDE) have taken keen interest in aligning the learning methodologies as per new emerging skills and job requirement. The National Skill Development Corporation (NSDC) established its Future of Work initiative after a preliminary study to identify the potential and risks of automation within the STT ecosystem that NSDC has enabled. NSDC is continually facilitating the development of cross-functional Qualification Packs and National Occupational Standards in association with IT-ITeS Sector Skill Council (NASSCOM) across nine emerging technologies influencing the Future of Work in India, namely Cyber Security, Artificial Intelligence, Big Data Analytics, Cloud Computing,...

American consumers shouldn’t be caught in the crosshairs! The National Retail Federation urged the Office of the U.S. Trade Representative to avoid 25 percent tariffs on $300 billion in Chinese goods and released a new study examining key product categories and the negative impact on American consumers. “We support efforts to achieve better trade deals, but American consumers shouldn’t be caught in the crosshairs,” NRF Senior Vice President of Government Relations David French said during testimony prepared for a USTR hearing this afternoon. “It’s time to re-evaluate a strategy based solely on tariffs and work with our allies to put international pressure on China.” “For most of the consumer products on this list, there are very few alternative sources of supply,” French added. “It would be impossible for all market participants in our industry to simultaneously move sourcing to other countries. The capacity does not exist … In the short term, retailers would be fo...

A more challenging environment Tumbles buying sentiment YoY! De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fifth sales cycle of 2019.   Bruce Cleaver, CEO, De Beers Group, said: “While overall retail sentiment for diamond jewellery in the US remains solid, a more challenging environment in China and higher than normal polished diamond inventories in the midstream resulted in a cautious approach from rough diamond buyers during the fifth cycle of 2019.”   Particular: Cycle 5 2019 (provisional) [1] Cycle 4 2019 (actual) [2] Cycle 5 2018 (actual) Sales value [3] ($m) 390 416 581 Notes to this table: [1]   Cycle 5 2019 provisional sales value represents sales as at 24 June 2019. [2]   Cycle 4 2019 actual sales value is restated following the earlier publication of a provisional figure for the fourth sales cycle...

Integrate a FASTag Bank Mechanism With e-way bill to track goods movement The Government proposes to integrate a FASTag Bank Mechanism with e-way bill and Logistic Data Services to track movement of goods and check GST evasion. The Government is contemplating integration of E-Way Bill mechanism of GST with FASTag System of National Highway Authority of India (NHAI). The aspect of Logistic Databank integration with FASTag System is being examined. A Committee of Officers comprising of officers from Central Government, State Governments, GSTN (Goods and Services Tax Network), NIC (National Informatics Centre), GST Council, to examine the issue of use of RFID data for strengthening of E-Way Bill mechanism under GST, was formed by GST Council. The representatives of NHAI and NPCI (National Payments Corporation of India) were also co-opted in the committee. The Committee of Officers has submitted its report to the GST Council, recommending integration of FASTag system w...

Since opening, All roads led to Fair domes! New products, innovative solutions and rich programme of events fascinated buyers at Asia’s No.1 mid-year fine jewellery show & now it is being concluded well! A world-leading marketplace for jewellery, gemstones, and industry-related design, manufacturing and retail solutions, the June Hong Kong Jewellery & Gem Fair offered its exceptional brand of sourcing experience to thousands of buyers during the show days. The fair was scheduled for June 20 to 23 at the Hong Kong Convention & Exhibition Centre (HKCEC), the B2B show. Over all fair witnessed 1,900 exhibitors from 40 countries and regions.  “The June Fair occupies a unique position in the industry,” said Celine Lau, Director of Jewellery Fairs at Informa Markets, “It literally brings the jewellery world under one roof, and it is perfectly timed for wholesalers, retailers and distributors who are building up their seasonal essentials.” Occupying 70,000 s...

Maharajas & Mughal collection makes history at Christie’s  NY Christie’s salerooms witnessed history at New York on just passed June 19. Spanning over 500 years of history, the collection of Indian jewels and jewelled objects sells for $109.3 million! After a global tour that saw thousands of people flocking to Christie’s salerooms, a specially designed New York exhibition, and a 12-hour auction presided over by five auctioneers, the Maharajas & Mughal Magnificence  collection totalled $109,271,875 / £87,138,656 in New York-the highest for any auction of Indian art and Mughal objects, and the second highest for a private jewellery collection. Almost 400 lots were offered, ranging from legendary Golconda diamonds to dazzling coloured stones, jewelled objects used in the royal courts to swords and daggers once owned by Indian rulers. Bidders came from 45 countries, and included a significant number of institutions. Beginning with the sale announcement...

Book On Gemstones & Diamond released too! Gem &Jewellery Exporters’ Association (GJEA) one of the pioneer organizations in the Gem &Jewellery Industry in India organized a glittering function to honor Shri Kirtilal K. Doshi, a founder Member and past President of GJEA, who is a living legend. The function was held at MCA, the Lounge, Wankhede Stadium, Churchgate, Mumbai. The function commenced with a music program presented by Avishkar group. The audience enjoyed popular Gujarati and Hindi songs for over an hour. Shri Seventilal P. Shah, Partner, Venus Jewel, was the Chief Guest and Arunkumar R. Mehta, Chairman, Rosy Blue (I) Pvt. Ltd. was Guest of Honor. Dr. AVR Reddy, Chief Cordinator, GII, introduced dignitaries Sri Kirtilal K. Doshi, Shri Seventilal Shah, Shri Arunkumar Mehta, Shri Arvind C. Parikh, President GJEA and Shri Navin Jasnani. Vice President, GJEA. Shri Arvind C. Parikh in his welcome address briefly narrated the contributions of Shri KIrtib...

HRD Antwerp opening in London’s Hatton Garden The supply of laboratory grown diamonds is ever increasing. As a result, jewellers are unknowingly selling jewellery which features a mix of natural and lab-grown diamonds. HRD Antwerp announces a new service for jewellery grading to help combat this growing problem. The new London drop-off point will give UK jewellers easy access to HRD Antwerp’s services, including jewellery and diamond grading reports at very competitive rates. The comprehensive grading report will provide jewellers with peace of mind, reassuring them that all of their diamonds are indeed natural, and not laboratory grown. “There are increasing amounts of laboratory grown diamonds available on the market” says David Ziegler, Commercial Director of HRD Antwerp. “In an industry where so much relies on trust, it’s essential that you safeguard your reputation by certifying that all of your diamonds are natural and untreated. A cost-effective grading report f...

Botswana Diamonds receives permission to sell Diamonds recovered from Thorny River The Botswana Diamonds, associate Vutomi, received permission to sell diamonds recovered during bulk sampling at their Thorny River project. Untill, 256 carats of rough diamonds had been recovered. The sale of diamonds from bulk sampling will enable funding of further development by Vutomi. Sequence of bulk sampling site being worked, Consent received for the sale of diamonds, Sale of diamonds will fund further exploration activity and Mining Permit application accepted for coveted portion of the contiguous Marsfontein farm! Trenching by Botswana Diamonds has identified a ‘hotspot’ at Thorny River with a thick kimberlite intersection of four metres wide, suggesting a kimberlite blow.  256 carats of rough diamonds have already been recovered from re-commissioning the processing plant.  The bulk sampling programme will generate short-term cash flow, whilst building the mineral r...

Seeks to serve Advisory Committee member & also at Sub-Saharan Africa Advisory Committee The Export-Import Bank of the United States (EXIM) now is accepting nominations of persons to serve as members of the bank’s 2019 Advisory Committee and the 2019 Sub-Saharan Africa Advisory Committee. The nominations period begins today and will close on July 24, 2019. Notices inviting submissions of nominations for both committees have been published in the Federal Register. More information, including how to submit nominations, is available on EXIM’s website at Advisory Committee and Sub-Saharan Africa Advisory Committee. Both advisory committees were established by the U.S. Congress in EXIM’s charter to provide direct input and advice to EXIM’s board of directors on the bank’s programs and policies from individuals representing the private sector and state government. Appointments to the advisory committees require votes by the board of directors. Due to the lapse of the...