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Hope everyone is staying safe and healthy. And since way too many of us still aren’t, I urge you to support the World Federation of Diamond Bourses’ COVID-19 relief fund for India or other efforts to help our industry comrades there.
This week in Diamond Shavings: Can you tell a diamond is lab-grown just by inspecting it? Jewelers get into a lawsuit over a TikTok video. And why jewelers are getting into astrology. All below.
Indian Diamond Industry Supports Government Decision In Latest Lockdown Industry reacts in different ways to the forced lockdown of Bharat Diamond Bourse owing to the uncontrolled rise in Covid cases in Mumbai By: Diamond World News Service
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As per the latest notice issued by the government of Maharashtra on April 4, 2021 due to rapid spread of Covid19 the government announced lockdown across the State. This came into effect from April 5, 2021. Bharat Diamond Bourse was asked to remain closed till further notice.Members were requested to take out their important documents and valuables on April 5 itself.
This move comes at a time when export orders are flooding G & J business in India. According to Mehul Shah, Vice President, BDB: “Diamond is an export-based industry, only manufacturin
Market Watch (ETMarkets.com)
09:17 Min | April 05, 2021, 7:27 PM IST
Tune in as we discuss if investors should move out of cyclical stocks, what the Nifty charts are suggesting, and more!
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Welcome to ETMarkets Watch, the show about stocks, market trends and money-making ideas. I am Atul P.M. and here are the top headlines at this hour.
Sensex falls nearly 900 points as Maharashtra imposes new Covid curbs
Nomura says second Covid wave hurting activity
ICRA warns of sharp jump in bad loans in FY22
Q1 residential property sales grow 44%, launches rise by 38%
Bharat Diamond Bourse to shut until further notice
Maharashtra lockdown: Bharat Diamond Bourse to remain shut from April 5
Image by Grown Diamond from Pixabay
Mumbai-based largest diamond bourse (exchange), Bharat Diamond Bourse (BDB) will shut down its operations from today (April 5), 8 pm onwards. The exchange will remain closed till further consideration, the exchange informed its members.
The exchange decided to take this step after Maharashtra government announced a lockdown across the state due to the spread of COVID-19. It stated, âBharat Diamond Bourse will remain closed till further communication.â
It has requested its members to carry their cheque books, valuables, laptops and other necessary documents before vacating the premises today. As part of security orders, it has asked its members to keep alarm systems functional and other supplies like water and electricity switched off.
BDB Forced to Lockdown Till Further Notice Bharat Diamond Bourse will remain closed till further notice By: Diamond World News Service
|
| Reference: 25492
As per the latest notice issued by the government of Maharashtra dated April 4, 2021, due to rapid spread of Covid19 the government has announced lockdown across the State. This has come into effect from April 5, 2021. Bharat Diamond Bourse will remain closed till further notice. Members were requested to take out their important documents and valuables on April 5 itself.
Informed Dinesh Lakhani, Kiran gems Pvt Ltd, “BDB representatives are meeting government officials in order to understand the details of the lockdown. They are also requesting if some members, who have active exports to be completed within a stipulated time can work with minimum st