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Showing posts with the label trade transparency

PNG launches Code of Origin

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Code of Origin, across PNG stores in Maharashtra & Goa   The consumers of the future are changing and a new generation of socially and environmentally active consumers are emerging who want to increasingly associate with products and brands that have strong values focused around people and bettering the planet. To cater to such consumers, De Beers launched their trusted diamond program - Code of Origin at PNG Jewellers, a 189-year-old jewellery brand across their stores in Maharashtra & Goa.   The De Beers Code of Origin is a trusted source programme that reflects De Beers’ deep commitment to social and environmental responsibility, so the consumer can be proud of where the diamonds come from. The De Beers Code of Origin is proof that the diamonds are natural and conflict free and were discovered by De Beers in Botswana, Canada, Namibia or South Africa where they have helped provide jobs, education, healthcare and wildlife conservation.   Each piece of jewellery comes wit

UNI announces the new online feature

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UNI’s inventory to indicate the stone  that are compliant of sourcing standards   With the increasing demand in the marketplace for diamonds that are verifiably compliant with ethical sourcing principles, UNI Diamonds has announced the introduction of new online feature, by which users will be able limit their search of its aggregated inventory to stones that meet the requirement of two of the industry’s most stringent responsible sourcing standards.   As part of the new feature, every diamond listed in UNI’s inventory will now indicate whether the stone was supplied by companies that are compliant with the Responsible Jewellery Council’s Code of Practices (RJC COP) and/or De Beers’ Best Practice Principles (BPP). Both standards are aligned with the OECD Due Diligence Guidance, and to achieve compliance the companies are required to have their supply chains independently monitored and audited.   Despite rising consumer demand for verifiably responsibly sourced diamonds, it has of

CBDT and SEBI signed MoU!

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The MoU will facilitate the Sharing of data and information! A formal Memorandum of Understanding (MoU) was signed between the Central Board of Direct Taxes (CBDT) and the Securities and Exchange Board of India (SEBI) for data exchange between the two organizations. The MoU was signed by Smt Anu J Singh, Pr DGIT (Systems), CBDT and Smt. Madhabi Puri Buch, Whole Time Member, SEBI in the presence of senior officers from both the organizations via video conference. The MoU will facilitate the sharing of data and information between SEBI and CBDT on an automatic and regular basis. In addition to regular exchange of data, SEBI and CBDT will also exchange with each other, on request and suo moto basis, any information available in their respective databases, for the purpose of carrying out their functions under various laws. The MoU comes into force from the date it was signed and is an ongoing initiative of CBDT and SEBI, who are already collaborating through various ex