08 march 2021
22 february 2021 Lately, the Indian diamond industry, on the whole, had been reeling with the effects of the implementation of GST and demonetization with several diamond polishers losing their jobs. The Indian diamond trade has asked the Government for an amendment in taxation provisions to allow the sale of rough diamonds in the Special Notified Zone (SNZ) in Mumbai; and exemption of two-per cent equalization levy on rough diamond sales. According to industry members, miners could pay a ‘turnover tax’ not exceeding 0.16%, which is the prevailing rate in Belgium. Labourers are also demanding implementation of labour laws and Factory Acts in the diamond factories, claiming that around 10 polishers across the state had committed suicide in the last few months due to joblessness.
How this woman entrepreneur grew her business 10x during the pandemic
Meghna Saraogi, Co-founder of fashion tech startup StyleDotMe, says an all-digital approach, new tech, and helping jewellers connect with consumers online helped the startup grow 10x during the pandemic.
0 claps
In 2014,
Meghna Saraogi launched StyleDotMe, an app that that lets users get instant fashion advice not just from friends and followers, but from experts around the world with instant polls and voting options.
Later, the startup launched
MirrAR, which lets people virtually try on things via augmented reality (AR) on digital platforms of client brands, via iPads. Users can see themselves in different jewellery products on a larger screen, and can take pictures and share on social media as well.