National News
Celebrate Mother’s Day with Zen Diamond’s Tören Collection, Where Celebration Meets Contemporary Design
A contemporary sapphire collection capturing the essence of motherhood
Inspired by “Tören,” meaning celebration or ceremony, the Zen Diamond Tören Collection is a refined tribute to the women we honour this Mother’s Day. Showcasing the striking allure of deep blue sapphires paired with clean, contemporary design, each piece reflects understated elegance. Long associated with wisdom, loyalty, and protection, sapphires mirror the enduring qualities of motherhood. Designed for versatility, the collection offers jewellery that is distinctive, timeless, and effortlessly elegant.
The Tören Collection Bracelet stands out with its fluid precision and minimalist appeal. Crafted in white gold, a fine chain is accented with evenly set sapphires, enhanced by subtle diamond detailing that adds a crisp brilliance. Lightweight yet impactful, it transitions seamlessly from day to evening wear.
The Tören Ring makes a bold yet refined statement, featuring oval-cut sapphires at its centre, framed by delicate diamond accents. Set on a sleek white gold band, the design balances richness with modern simplicity.
The Tören Necklace embodies graceful movement, with pear-shaped sapphires arranged along a diamond-accented vertical bar, creating a fluid cascading effect. Suspended on a fine white gold chain, it offers a look that is both light and distinctive.
Completing the collection, the Tören Earrings present a modern yet elegant silhouette, with curved arrangements of oval-cut sapphires that catch the light beautifully. Diamond accents add a subtle shimmer, enhancing the depth of the sapphires. Set in white gold, these earrings strike a perfect balance between bold design and refined sophistication, ideal for both everyday wear and special occasions.
National News
Gold Industry Proposes New Strategy To Cut Imports and Boost Local Economy
Precious Metals Refineries Forum (PMRF) Has Proposed A Two-Track System To Manage Gold More Efficiently
Following Prime Minister Narendra Modi’s call to reduce gold imports and foreign travel, major Indian bullion and jewellery bodies have submitted a new plan to the government and the Reserve Bank of India (RBI). The strategy aims to lower the nation’s trade deficit by tapping into the estimated 30,000 tonnes of gold sitting in Indian households.
This move comes after India’s gold imports jumped 24% to a record $71.9 billion in the 2025-26 financial year, with over 721 tonnes of gold brought into the country.
The New Strategy: Two Separate Systems
The Precious Metals Refineries Forum (PMRF) has proposed a two-track system to manage gold more efficiently:
- For Exporters: Imported gold should be strictly saved for jewellery exporters using one-year Gold Metal Loans (GML).
- For Local Buyers: Domestic demand should be met entirely by recycling household gold. This gold would be collected from citizens, refined locally, and sold back through jewellers and retailers.
Under this plan, people who deposit their idle gold could earn 2% to 2.5% interest, while businesses taking gold loans would pay an interest rate of 3% to 4%.
Fixing Why Past Schemes Failed
Previous government gold schemes failed to gain traction primarily because they left out local jewellers and lacked a proper banking structure. Without a joined-up system, institutions faced high financial risks from changing gold prices.
To fix this, trade bodies are calling for a complete system that includes:
- Direct involvement of trusted local jewellers. The schemes did not take off in the past because jewellers were not part of them. About 10% to 20% of family gold is held as bars or coins.
- Strong bank backing and secure storage vaults across the country.
- Tax incentives, such as removing the 3% GST loss when physical gold is converted into Electronic Gold Receipts (EGR), and offering income tax relief on the interest earned.
Industry Support
Industry experts say a smooth system is already possible. Collection and purity testing centres have confirmed that collected household gold can be processed within 48 hours and safely moved to secure, bank-approved vaults.
Representatives from the Indian Bullion and Jewellers Association (IBJA) recently held discussions with RBI officials to fast-track these changes.
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