OurBuzz
IIJS Tritiya 2024 and IGJME Tritiya 2024 inaugurated in Bengaluru
The power-packed inauguration ceremony was graced by presence of Principal Chief Guest Dr. Selvakumar IAS, Principal Secretary to Govt- Dept of Commerce and Industries, Govt of Karnataka, Chief Guests Dr B Govindan, Chairman -Bhima Jewellery and Vinod Hayagriv, MD – C Krishna Chetty Group.Present at the inaugural ceremony were Dr Chetan Kumar Mehta, President- Jewellers Association, Bengaluru and other dignitaries of the GJ industry.
Representing GJEPC were Vipul Shah Chairman-GJEPC, Kirit Bhansali, Vice Chairman – GJEPC and Nirav Bhansali, Convenor, National Exhibitions –GJEPC, Sabyasachi Ray, ED- GJEPC and other CoA members.
DiamondBuzz
WDC Transitions To An Expanded System Of Warranties
Broadening Its Scope Beyond Conflict Diamonds To Encompass Human Rights, Labor Standards, Anti-Corruption, and Anti-Money Laundering
The World Diamond Council (WDC) has fully transitioned to an expanded System of Warranties, broadening its scope beyond conflict diamonds to encompass human rights, labor standards, anti-corruption, and anti-money laundering controls across the global diamond supply chain.
First introduced in 2002 to complement the Kimberley Process for rough diamonds, the voluntary self-regulatory system applies to transactions involving polished diamonds and finished jewelry.
Following a five-year transition period that concluded on Sept. 21, companies trading in diamonds are now required to register on a dedicated WDC digital platform and complete an annual online self-assessment to maintain compliance.
Upon completing the evaluation, businesses receive a unique identification number to include alongside updated warranty declarations on commercial invoices and memos. The WDC initiated the revision in 2017 to modernize industry self-regulation and ensure broader ethical sourcing standards across intermediate and retail markets.
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National News1 day agoKalyan Jewellers Invests Rs 350 Crore In Its Wholly Owned Subsidiary Candere
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DiamondBuzz2 hours agoWDC Transitions To An Expanded System Of Warranties
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International News5 hours agoGold Prices On Track To Reach $4,900/oz By End 2026 :Goldman Sachs
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.