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He said the facility of hallmarking is available

for consumers also who want to get their old


jewellery stamped. There are 892 assaying
and hallmarking centres spread across 234
districts and so far 28,849 jewellers have been
registered.

Before making the hallmarking mandatory, a


draft quality control order (QCO) was hosted
on World Trade Organisation (WTO) website
on October 10, 2019 for comments for a
period of 60 days. “N .. parcels were scanned
at the airport before being loaded on to a
Cathay Pacific flight. They had been carted
from the precious cargo customs clearance
centre (PCCCC) at BDB by a logistics company,
or Carter, to the air cargo complex at the
airport.

The result was the Customs suspending a


well-known custom broker’s license for a
month besides looking at the role of the
broker’s affiliated carting company , that
transports the precious cargo from the PCCCC
to the air cargo complex at the n ..
Anne Klein already sells its watches in the
country in a partnership with Titan. WHP is a
$1billion fund set up by investors including
Oaktree Capital and Blackrock Capital among
others to acquire brands for global
expansions.

Founded by fashion designed Anne Klein in


1968, the New York-based brand generates
about $700 million in annual revenues. About
$100 million out of that from international
markets.

Shmidman said his company is aiming to


increase Anne Klein’s sales to ..
India will be third country the US fashion
brand will enter in 2020 after China and
Mexico where WHP has singed long term
licensee agreements with local players.
The company is also looking to expand into
other Asian, Middle East and Latin American
countries. WHP is in “active discussion” with a
couple of Indian c ..
The general economic slowdown leading to
poor consumer sentiment and lower walk-ins
has been a concern for the last few quarters,
it added.

The Tata Group-owned maker of watches,


jewellery and eyewear experienced different
consumer responses in each of its divisions.
Retail sales in jewellery were better expected
at the beginning of the third quarter, possibly
due to a good wedding season and
reasonable inelasticity of wedding jewellery
but growth in watches and eyewear were
difficult ..
The Finance Minister also said digital refund
of duties and taxes of centre, states and local
bodies to exporters will be allowed from this
year.

On infrastructure, she said the government


plans to set up project preparation facilities
for infrastructure sector and a national
logistic policy will come up soon.

Sitharaman noted that a Rs 103 lakh crore


infra project pipeline has been launched in
December.

Delhi-Mumbai Expressway will be completed


by 2023 and Chennai-Bengaluru Expressway
will be launched, the minister added. She also
said 550 wi-fi facilities have been
commissioned at railway stations.

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