The loans will go mostly to the import of machinery rather than working capital, according to a recent article from The Economic Times.
Piece of the Week: Jan Leslie’s Dreamy Gummy Bears
These delicious little guys won our hearts as cufflinks, and now they’re doing the same on these rings.

The latest creations from New York-based jewelry designer Jan Leslie just scream, Is it spring yet?
Last year, Leslie won our hearts (and the Best in Men’s category of the Couture Design Awards) with her rainbow-colored gummy bear cufflinks.
In her spring 2020 collection, the rainbows are exploding.
The designer brings ROYGBIV to big, on-trend hoop earrings, stud earrings, stacking rings and bangle bracelets.
The stacking rings featured as our Piece of the Week are available with opaque rainbow-colored stripes (top ring in the photo above) and translucent stripes (bottom ring).
Both are .925 sterling silver with 18-karat gold plating. The stripes are enamel.
The rings retail for $395 each.
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The company is also continuing its retail expansion.

The sale also will include a third Rolex, with all three watches tied to Barrett’s 1979 attempt to break the world record for land speed.

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The jeweler is relocating his Beverly Hills store after 20 years and has begun developing a lifestyle brand.

It’s the company’s seventh showroom opening this year.

The Belgian organization is calling for entries from all over the world, with an eye on attracting emerging talent.

Sherry Smith digs into year-to-date data on lab-grown vs. natural diamonds, the performance of colored gemstone jewelry, and more.

Associate Editor Lenore Fedow leads readers through the Italian jeweler’s works from the 1940s to the 2000s.

The NYPD is still searching for the four suspects who robbed Rocco’s Jewelry in the Bronx.

The jewelry trade show is taking place Aug. 14-16 at the Javits Center in New York City.

The sponsorship will help fund programs and initiatives in the upcoming year.

The jewelry giant said the acquisition will allow it to tap into a pool of customers who are younger, more affluent and ethnically diverse.

There were only 250 made available, selling for more than $50,000.

The British-based Swiss designer’s “Pottering Around” collection is for sale at Sotheby’s East Hampton starting this week.

It provides real-time diamond market analytics.

The diamond firm will give the donation at a ceremony in Namibia this month during a trip for select retail jeweler partners.

He was convicted last month after falsely claiming he had a deal with Costco in order to obtain millions in diamonds from LLD Diamonds USA.

Dorian Webb, one of the designers in the Emerging Designers Diamond Initiative, will be the first to work with Gemist.

The charity will hold its fifth annual fundraising day on Sept. 24.

The passionate gem lover helped bring more than 300 different varieties of stones to the gem trade.

Marcelo Tau is the company’s new chief operations officer.

The jewelry designer founded her eponymous brand in 2015 after nearly two decades in the diamond industry.