India scored at the recently-concluded Telluride Film Festival, reports Aseem Chhabra.
Here's what was on offer on Day 3 of the India International Jewellery Week, underway in Mumbai from August 15-19.
Here's what was on offer on Day 3 of the India International Jewellery Week, underway in Mumbai from August 15-19.
There are around 6,500 diamond manufacturers of which Palanpuri Jains operate a mere 6 per cent, or around 400 companies. But they stand out for being highly interlinked through blood ties.
Dubai teenager Harshit Seth, on November 28, achieved a unique landmark of picking up a double hat-trick - a wicket of every ball in his over - in the six-team Under-19 Karwan Global Twenty20 League tournament.
Despite the 6-month high, trade deficit has widened to a four-month high of $14.62 billion, as imports rose by 14.85 per cent during the month, reports Subhayan Chakraborty.
India and China are together expected to equal world's largest jewellery market, the United States, by 2015 when the global gems and jewellery trade is expected to touch $230 billion, states a new industry report.
India's merchandise exports rose by 22.63 per cent year-on-year to $33.79 billion in September on better performance by key sectors like engineering goods and petroleum products, according to official data released on Thursday.
In Shikhar Dhawan, Murali Vijay, Cheteshwar Pujara, Virat Kohli and Rohit Sharma, India, says Haresh Pandya, has a bunch of exciting young batsmen who will go places, individually and collectively.
Diamond industry expects revenues to drop by 20-25% in the current financial year.
Spot gold fell as far as $1,142.10 an ounce on Thursday, its lowest since November 2014.
Sherdil: The Pilibhit Saga is a boring, overlongm tale of an eccentric with delusions of leadership, sighs Deepa Gahlot.
Only 400 grams have been deposited so far.
The main export sectors including engineering, petroleum products and gems and jewellery have recorded negative growth.
Pre-Diwali Dhanteras sales of gold and silver witnessed a tepid response from consumers on Thursday on account of high prices of the precious metals and sluggish demand due to COVID-19 induced economic hardship, according to jewellers and industry experts. However, jewellers are expecting maximum footfalls on Friday as Dhanteras -- considered the most auspicious day in Hindu calendar for buying items, ranging from precious metals like gold and silver to utensils -- is being celebrated for two days this year.
Forecasts of a further rise in bullion prices keep Indians away from selling gold.
Imports too declined 26 per cent to $29.47 billion in August, leaving a trade deficit of $6.77 billion.
The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday. The CBI has booked Mehul Choksi, his company Gitanjali Gems and valuers Surajmal Lallu Bhai and Co, Narendra Jhaveri, Pradip C Shah and Shrenik Shah, they said. The central agency has acted on a complaint from Industrial Finance Corporation of India (IFCI) Ltd alleging that Choksi had approached it in 2016 seeking Rs 25 crore working capital loan for which he had pledged shares and gold and diamond jewellery.
The government has asked jewellers to provide information on purchases of gold bars or jewellery worth more than Rs 500,000 by the end of this month, a move seen keeping a check on big transactions amid rising smuggling.
'It is just that we have our standards so low that anybody looks good now.' 'His sort of extremely terminological exactitude is a serious problem. He doesn't seem to understand the difference between exclusive economic zones, territorial waters...' 'I am expecting a lot of confusion because of this... Unless Parrikar starts going into the depth of the problems, he is only going to compound the problem rather than resolve it.'
Consumption of gold is the highest among middle-income households - those with annual income between Rs 2 lakh and Rs 10 lakh - who account for an average of 56 per cent of gold sales over the last five years, according to a nationwide survey conducted by India Gold Policy Centre (IGPC) at the Indian Institute of Management, Ahmedabad (IIM-A). "Per capita consumption is highest among the rich, but total volume still rests with the middle-income group. "With increasing income, there is an increasing propensity to consume gold, although the share of gold in the portfolio does not increase with the same proportion of income," the survey report says.
Dhanteras' buying seemed to have been sparked by the belief that prices would remain firm
Vice President Bhairon Singh Shekhawat on Saturday asked the gem and jewellery exporters to create brand India image by improving product quality with the use of latest manufacturing technology.
The Delhi high court on Friday dismissed a plea by Mehul Choksi, an accused in the nearly USD 2 billion PNB scam, to conduct pre-screening of Netflix documentary Bad Boy Billionaires.
Gold imports, which have a bearing on the current account deficit, declined 47.42 per cent to $9.28 billion during April-October due to fall in demand in the wake of the COVID-19 pandemic, according to data from the commerce ministry. Imports of the yellow metal stood at $17.64 billion in the corresponding period of 2019-20. The imports, however, recorded a growth of about 36 per cent in October.
As the liquidity crunch reaches crisis levels and getting tax refunds remain a big headache, exporters saw orders fall by 15 per cent till October.
Spread over almost each and every part, the temples reflect the devotion of the followers of the Hindu faith. And their devotion often reflects in the balance sheets of temple trusts.
Jewellers sold huge quantities of precious ornaments at a premium of up to 50%.
Rediff readers shared these pictures of India from their travels.
India produced a dominant display to beat Maldives 2-0 and book a semifinal spot in the South Asian Football Federation Cup, in Dhaka, on Sunday.
Rising cost of credit and infrastructure bottlenecks are hurting the export sector, says Rafeeque Ahmed, President, Federation of Indian Export Organisations.
The stylist behind Deepika Padukone's red carpet looks, Shaleena Nathani is the face of a popular jewellery brand.
This is a photograph that is sure to set off a billion smiles.
The jewellery industry has welcomed the government's decision to ban old Rs 500 and Rs 1,000 notes, saying gold demand will rise as people will have more faith in the precious metal than the currency notes. But the unorganised builders and secondary (resale) property market would be adversely impacted.
India's strength was never its bowling, says Faisal Shariff, but each time they discover a gem, they seem to perfect the art of pushing him out of the system.
A jewellery show in Bangalore exhibited great pieces of diamond jewellery, featuring trendy necklaces and rings on Tuesday. Manasvi Mamgai, Miss India-World 2010 and Miss India-Earth 2010 Nicole Faria were the showstoppers. Take a look.
'Wherever in the world there is political instability, those countries are beset with severe crises today. But India is in a much better position than the rest of the world due to the decisions taken by my government in the national interest,' President Droupadi Murmu said in her address to both Houses of Parliament.
The decline in gold imports has helped in narrowing the country's trade deficit to $106.84 billion during the eight-month period under review as against $133.74 billion in the year-ago months.
Gold imports, which have a bearing on the current account deficit (CAD), plunged 57 per cent to USD 6.8 billion (around Rs 50,658 crore) during the first half of this fiscal amid a slump in demand due to the Covid-19 pandemic, showed data by the commerce ministry.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances