Spurt in sale of luxury cars in JaipurSeptember 21st, 2009 JAIPUR - The sale of upmarket and luxury cars of international brands in Jaipur has seen a spurt, as the goldsmiths and real-estate dealers have helped develop the standard of living of residents here. According to a recent report presented by the Society of Indian Automobile Manufacturers (SIAM) on the sale of Luxury cars, the average sales growth across the country is between 12 to 15 per cent per year, while the figure almost doubles in Jaipur.
Income tax officials seize jewellery worth millions in JaipurSeptember 9th, 2009 JAIPUR - Income tax officials on late Tuesday seized jewellery worth Rs 93 lakhs during a raid on the office of a private locker agency in Ganpati Plaza complex in Jaipur. During the raid, IT officials found the jewellery, 1000 dollars in cash and some papers.
Wedding expo in JaipurAugust 7th, 2009 JAIPUR - A three-day long wedding expo 'Parinay' in Jaipur, provided the locals an opportunity to stock up on exclusive range of wedding garments and jewellery ahead of the wedding season in the country. Apart from designers and jewellers, some of the leading caterers, wedding planners and hotels participated in the recently concluded expo.
Gayatri Devi, former Jaipur queen, is deadJuly 29th, 2009 JAIPUR - Gayatri Devi, the elegant former princess of Cooch Behar who became the maharani of Jaipur and was once considered among the world's most beautiful women, died here Wednesday, an official said. She was 90. She was admitted to the Santokba Durlabhji Memorial Hospital (SDMH) here on July 17.
Slight earthquake felt in JaipurJuly 9th, 2009 JAIPUR - An earthquake measuring 2.7 on the Richter Scale was felt in Jaipur and surrounding areas of Sikar district on Wednesday night. There were no reports of any loss to life or property.
Economic Survey for diamond processing, jewellery sector integrationJuly 2nd, 2009 NEW DELHI - The Economic Survey tabled in parliament Thursday has sought the integration of diamond processing sector with jewellery manufacturing so as to boost exports. "Forward integration of the diamond processing sector to jewellery manufacturing, where the value addition achieved is the highest, will help in boosting the export performance once the existing economic downturn passes by, the survey said.
Emaar MGF launches its first hotel in JaipurMay 21st, 2009 NEW DELHI - Real estate major Emaar MGF Thursday unveiled its first hotel project in India, Fortune Select Metropolitan, to be managed by an ITC subsidiary. Located in the heart of Jaipur, Fortune Select has 90 rooms that include six suites.
Hormonal treatment to big cats in Jaipur zooMay 14th, 2009 JAIPUR - The veterinarians of a zoo in Jaipur are giving hormonal treatment to big cats to help them breed faster. The big cats include tiger, lion and panther.
Jaipur on alert following bomb hoax on planeApril 29th, 2009 JAIPUR - Jaipur Airport was placed on a state of high alert on Wednesday evening after air traffic control was informed of a bomb on board flight number IC-661. Air traffic control said they had received an anonymous call from Mumbai informing them of the bomb onboard.
Gold retains its glitter on Akshaya TritiyaApril 27th, 2009 NEW DELHI/MUMBAI/CHENNAI - Despite the high cost of the yellow metal and the slowdown, people bought gold jewellery in large numbers Monday on Akshaya Tritiya, considered an auspicious day in the Hindu calendar for buying long-term assets like gold, silver and real estate. Akshaya Tritiya falls on the third day of the bright half of the Hindu month of Baisakh (April-May), when the Sun and Moon are believed to be in exalted positions and are simultaneously at the peak of brightness, which happens only once every year.
Gold jewellery exports up 23.64 percent in 2008-09April 22nd, 2009 NEW DELHI - India's gold jewellery industry retained its sheen in 2008-09 despite the economic slowdown by posting 23.64 percent growth in exports, an industry lobby report said Wednesday. According to the report by the Gem and Jewellery Export Promotion Council (GJEPC), the gold jewellery exports grew from $5.54 billion (Rs.22,315 crore) in 2007-08 to $6.85 billion in 2008-09.
Gold loses glitter to diamondMarch 19th, 2009 CHENNAI - Gold has lost much of its glitter to diamond. Though considered auspicious for a family, gold prices have shot through the roof.
Rs.10-mn assistance for jobless diamond workers' childrenMarch 17th, 2009 SURAT - Two diamond industry associations in Gujarat Tuesday came forward with Rs.10-million (Rs.1 crore) education assistance for the children of jobless diamond workers in the state. The Surat Diamond Association (SDA) said it would spend Rs.7.5 million for nearly 16,500 students in 140 schools in Surat.
Over 100,000 people laid off in India's gems, jewellery sectorDecember 25th, 2008 SURAT - More than 100,000 people have been laid off in recent months by the gems and jewellery industry in India because of the global slowdown in demand and lack of adequate credit, an industry leader said in this hub for the sector in Gujarat. 'This is for the first time in four decades that the diamond industry is facing such a severe liquidity crunch,' said Mehul Choksi, director of the leading gems and jewellery manufacturer and exporter Gitanjali Group.
Take slowdown as opportunity: Modi to jewellery sectorDecember 25th, 2008 SURAT - India's $50-billion gems and jewellery industry should take the advantage of the global economic slowdown to build a strong overseas market by offering products at 'cost-effective' prices, said Gujarat Chief Minister Narendra Modi here Friday. 'I have decided to take global recession as an opportunity.
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