National News
Divine Solitaires Celebrates Mother’s Day Across Various Cities with a Heartfelt Tribute
Divine Solitaires, one of India’s leading natural solitaire diamond brand marked this Mother’s Day with a touching and engaging celebration across various cities across the country – Pune, Yavatmal and Kanpur – creating a space where customers express love and gratitude for their mothers through simple, heartfelt gestures
On May 11th, 2025, Divine Solitaires brought Mother’s Day celebrations to life at a few partner jewellery stores. Customers were invited to pen down thoughtful notes to their mothers and capture those moments at a thoughtfully designed selfie booth. These memories were then shared on Instagram as part of Divine Solitaires’ digital campaign — turning a simple gesture into a lasting tribute to the most important women in our lives. The activity was conducted at various jewellers. The overwhelming response highlighted the deep emotional connections people share with their mothers, with participants enthusiastically celebrating and sharing their love both offline and online.
Adding a delightful surprise to the day, few lucky winners-were gifted the new diamond coin from Divine Solitaires.
Reflecting on the success of the initiative, Jignesh Mehta, Founder & Managing Director, Divine Solitaires, said, “Mother’s Day is a celebration of unconditional love, and we wanted to honour that bond in a way that felt personal and meaningful. Seeing families come together, share their emotions, and leave with memories they’ll cherish was truly heartwarming.”
With heartfelt moments and beaming smiles, Divine Solitaires’ Mother’s Day initiative captured the essence of a mother’s love — timeless, unconditional, and truly priceless. .
National News
GJEPC, IndusInd Bank Host Webinar On FEMA Guidelines For GJ Exporters
Webinar Outlined How The Updated Regulatory Framework Enhances Operational Ease While Adjusting Key Trade Timelines.
GJEPC in association with IndusInd Bank, held a joint online webinar aimed at explaining the revised Foreign Exchange Management Act (FEMA) guidelines and their direct operational impact on the gem and jewellery trade.
The interactive session featured key industry figures and financial experts, including Prakash Kumar Rath (Head – Gems, Jewellery and Diamond Division, IndusInd Bank), Mital Doshi (Convenor – Banking, Insurance and Taxation Sub-committee, GJEPC), and Sumit Dolwani (Manager – Trade Policy, GJEPC). Together, they outlined how the updated regulatory framework enhances operational ease while adjusting key trade timelines.
Shorter Export Realisation Periods: Timelines for foreign currency invoices have been adjusted from 12 months down to 9 months, while Rupee invoices have been revised from 15 months down to 12 months.
Greater Flexibility for Extensions: Authorised Dealer (AD) banks can now grant time extensions based on individual transaction circumstances, significantly reducing the requirement for routine Reserve Bank of India (RBI) referrals.
Revised Import Payment Timelines: Import payments will now be governed primarily by commercial contracts, replacing the former rigid six-month and 360-day restrictions.
Greater Discretion on Advance Payments: Banks have been given enhanced flexibility in framing internal policies for advance remittances instead of strictly adhering to fixed monetary thresholds.
Flexibility in Third-Party Payments: Third-party payments are now permitted subject to prescribed regulatory conditions and the satisfaction of the AD bank.
Simplified Handling of Pending Cases: AD banks can directly resolve outstanding EDPMS and IDPMS cases without needing to refer every individual matter to the RBI.
Speakers emphasized that exporters must maintain precise records and complete supporting documentation for all transactions, including those monitored through EDPMS and IDPMS.
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International News9 hours agoUS Holiday Shopping Expected To Top $1 Trillion For The First Time: NRF
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