Ornaments Worth Rs 80 Lakhs Go Missing From Kurnool Police Station
In a shocking incident, gold and silver ornaments worth Rs 80 lakhs go missing from Kurnool Police Station in Andhra Pradesh. Notably, two years ago, the Kurnool Police seized the ornaments and kept them in an almirah under the security of a lady constable. Recently, the police were asked to release the confiscated items, when they found that ornaments are missing, raising security concerns. Investigation into the matter is underway.
Tags: JEWELLERY, Ornaments Stolen, Kurnool Police, Police Security, AP News
Courtesy: The Hindu
Sabyasachi Trolled; Netizens Say Models Look 'Sad'
Fashion and jewelry designer, Sabyasachi Mukherjee received another set of trolls on Instagram and Twitter, as supermodels in the new Autumn Winter '21 collection campaign looked "sad". The three supermodels were seen wearing Sabyasachi clothing and jewelry. The post shared by @sabyasachijewelry received both criticism and appreciation. One… read-more
Tags: Sabyasachi Mukherjee , JEWELLERY, Fashion Designer, Trolls, Viral
Courtesy: The Indian Express
Diamond Jewellery Worth Rs 2 Cr Stolen From Hotel Room: Jaipur
Diamond jewellery worth Rs 2 crore was stolen from a hotel room on November 26 while the family was attending a wedding at night in Jaipur. According to the police, the family alleged the hotel's collusion in the heft. Furthermore, they raised questions on why no action has been taken against the hotel. However, the police is looking into the matter and the investigation is underway.
Tags: JEWELLERY, Diamond, Crime, diamond stolen, Jaipur
Gold Priced At Rs 47,970 Per 10 Gm; Silver Priced At Rs 63,200 a Kg
The price of Ten gram of 24-carat gold on October 15 reached Rs 47,970 following the hike by Rs 680. While Silver was at Rs 63,200 per kg. In Delhi, Mumbai, and Chennai, 10 gram of 22-carat gold was priced at Rs 46,840, 46,970, and 45,050 respectively. However, 24-carat gold was priced at Rs 51,110, Rs 49,140, and Rs 47,970 in Delhi, Chennai, and Mumbai respectively.
Tags: JEWELLERY, Gold and Silver Price, 24-carat gold, India, Delhi
Courtesy: Business Standard
Serena Williams To Launch Her Own Jewelry Collection
American Tennis star Serena Williams will soon be launching her own jewelry collection "Serena Williams Jewelry" in collaboration with America's leading jewelry retailer "Zales". The collection will display over "60 rings, necklaces, earrings, and bracelets designed with 10K gold and sterling silver accented with diamonds, priced from $99 to $9,999". Reportedly, Indian-based jewelry company KP Sanghvi has acquired the global license to… read-more
Tags: Serena Williams, JEWELLERY, Launch, collection
Courtesy: The Times of India
Mirabai Chanu's Olympic Earrings Become Famous
Mirabai Chanu, who won a Silver medal at the 2020 Olympics, is now among the list of players who're famous for wearing unique jewellery during matches. At the Olympics, Chanu wore Olympic ring-shaped gold earrings gifted by her mother. Besides, America's tennis player Serena Williams is known for her diamond earrings and Chris Everts is known for his ''tennis bracelet''. Besides, Sachin Tendulkar is also famous for his silver bracelet.
Tags: Mirabai Chanu, Olympic Earrings, Tennis Bracelet, JEWELLERY
Courtesy: The Times of India
World's Largest Jewellery-Maker 'Pandora' Switches To Lab-Made Diamonds
Jewellery maker Pandora has taken a sustainable approach by switching from mined diamonds to lab-made diamonds, the company announced on May 3. The synthetic diamonds would be used in all future designs, and Pandora would release a line of rings, bangles, and earrings. Initial release of the products would be in Britain, followed by other markets. The company would also be using recycled gold and silver from 2025.
Tags: Britain, JEWELLERY, synthetic diamonds, gold, Silver
Courtesy: New York Times
India's Gold Import Clocks At $34.6 Billion; Increases By 22.58%
According to Commerce Ministry data, gold imports during 2020-21 increased by 22.58% to $34.6 billion (around Rs 2.54 lakh crore) in India. While the surge was attributed to the increased domestic demand, silver imports decreased by 71%. Moreover, the trade deficit decreased by $98.56 billion and gems and jewellery exports decreased by 27.5%. Reportedly, the demand of gold will further increase due to Akshaya Tritiya and marriage season ahead… read-more
Tags: gold, Gold imports, JEWELLERY, India, GDP
Courtesy: Financial Express
Centre Plans To Mandate BIS Mark On Gold Jewellery From June 1
To ensure purity standards, the Centre is eyeing to implement mandatory hallmarking of gold jewellery from June 1. After implementation, jewellers will be required to register themselves with the Bureau of Indian Standards. Earlier, in November 2019, the government had announced to mandate BIS mark from January 15, 2021 which was deferred citing the pandemic. Now jewellers will be allowed to sell only 14, 18 and 22 carats of gold.
Tags: BIS Hallmark, JEWELLERY, India, gold
Courtesy: The Economic Times
IT Deptt Raids TN Jeweller; Uncovers Rs 1000 Cr Undisclosed Income
Ahead of the assembly polls, the IT department on March 4 seized undisclosed income worth Rs 1,000 crore from the premise of a reputed Tamil Nadu jewellery retailer. Reportedly, various fictitious and fake credits, including unexplained cash deposits were also uncovered during the search operation. Besides launching search operation at 27 premises including outlets in Chennai, Madurai, Trichy, Mumbai, Jaipur, and Indore, the department seized… read-more
Tags: Tamil Nadu Elections, TN Assembly Polls, JEWELLERY, Income Tax, IT raid
Courtesy: Hindustan Times