In a major relief for bullion dealers and jewellery retailers, the government has rescinded applicability of the Prevention of Money Laundering Act (PMLA) on purchases of precious ornaments above of Rs 50,000.   In a notification issued on Friday, the Ministry of Finance said, “The government has received representations from various associations in the gems and jewellery sector with Read More →

TROY, N.C. – Capel Rugs in unveiling a new designer collection as well as several new styles to existing lines this month at High Point Market. The 100-year-old company’s new program with designer Anthony Baratta features his signature Americana-inspired style in bold, bright palette on a variety of indoor/outdoor, braided and hand-tufted rugs. They include: Indoor/outdoor: A collection Read More →

Executives said the target is to sell sell 2.5 lakh pairs of trousers made from the product in the first season in Asian markets such as India, China, Japan and Thailand. MUMBAI: Reliance IndustriesBSE 1.53 % has tied up with VF Corporation, one of the world’s largest denim makers, to manufacture moisture control products for the latter’s Wrangler brand to be sold in Read More →

A celebration of the iconic fashion designer’s couture accessories is out this month Image 1 of5 Credits © Fondation Pierre Berge – Yves Saint Laurent, Paris/All rights reserved Description Yves Saint Laurent in his studio during preparations for a show, 5 Avenue Marceau, Paris. On 22 January 2002, Yves Saint Laurent showcased his final couture Read More →