In a stroke of luck, a gem trader in Sri Lanka stumbled upon a massive cluster of pale blue sapphires while digging a well in his backyard. Estimated to be worth up to $100 million in the international market, the 2.5 million carat gemstone, named "Serendipity Sapphire", has been cleaned and certified after more than a year of work. This incredible find highlights the country's status as a gem capital and leading exporter of sapphires.
Sri Lanka Unveils "Serendipity Sapphire," a Gemstone Worth Millions
In a remarkable stroke of fortune, a Sri Lankan gem trader has discovered a colossal cluster of pale blue sapphires while excavating a well in his backyard. Dubbed the "Serendipity Sapphire," this 2.5 million carat gemstone is estimated to be worth an astounding $100 million in the international market.
Background: Sri Lanka's Gem Heritage
Sri Lanka has long been renowned for its exceptional gemstones, particularly sapphires. The country's gem industry dates back centuries, and it is now a leading exporter of sapphires worldwide. Sri Lankan sapphires are characterized by their vivid colors, clarity, and durability.
The Discovery of the Serendipity Sapphire
The fortunate gem trader, Gamage, stumbled upon the sapphire cluster while digging a well in his backyard in Ratnapura, Sri Lanka's gemstone capital. The massive gemstone was meticulously cleaned and certified over a year-long process.
Significance of the Find
The discovery of the Serendipity Sapphire underscores Sri Lanka's status as a gem capital and further solidifies its reputation as a leading exporter of sapphires. This incredible find is expected to generate significant revenue for the country and support its thriving gem industry.
Top 5 FAQs Related to the Serendipity Sapphire and Past Gemstone Discoveries
1. What are the estimated dimensions and weight of the Serendipity Sapphire? The gemstone is approximately the size of a cricket ball and weighs 2.5 million carats.
2. How was the sapphire cluster cleaned and certified? The sapphires underwent a rigorous cleaning and certification process over a year. Experts removed impurities and assessed the gemstones' quality and value.
3. What is the historical significance of this discovery? The Serendipity Sapphire is the largest single sapphire cluster ever discovered in Sri Lanka. It ranks among the largest and most valuable gemstones found worldwide.
4. Have there been similar gemstone discoveries in Sri Lanka in the past? Yes, Sri Lanka has a long history of significant gemstone discoveries. In 1990, a 400,000-carat blue sapphire was found in the Elahera area, and in 2013, a 249-carat blue sapphire was unearthed in Pelmadulla.
5. What is the expected impact of the Serendipity Sapphire on Sri Lanka's gem industry? The discovery is likely to boost Sri Lanka's gem industry by attracting international buyers and investors. It may also stimulate exploration for more valuable gemstones in the country.
As part of their 25th anniversary celebration, Johnnie Walker Refreshing Mixer Non-Alcoholic is launching a new campaign featuring Priyanka Chopra Jonas. Titled "Can't Stand Still", the campaign celebrates the evolving definition of luxury among Indian youth, which now includes individuality, self-expression, and unique experiences. The campaign pays homage to the brand's "Keep Walking" philosophy and showcases Priyanka Chopra Jonas as a true embodiment of this approach – constantly pushing boundaries, discovering new opportunities, and making every moment count.
Jason Ruiyi Chin, also known as Easlo online, stumbled upon a lucrative opportunity after he graduated high school. Using his knowledge of Notion, a note-taking software platform, he created customizable templates and marketed them to his growing Twitter audience. After receiving significant support and tips, he decided to turn his internet persona into a profitable business venture. Within the first month of selling his templates, he made over $3,000, proving that entrepreneurship can start at any age.
According to its Q2 earnings statement, Dabur India Ltd, a leading FMCG company, reported a decline in consolidated net profit by 17.65% to Rs 417.52 crore due to high food inflation and decrease in urban demand. Its total expenses were down by 1.31%, while standalone revenue from operations showed an 8.17% decrease. Despite the challenging environment, Dabur continued to engage consumers and recorded a consolidated revenue of Rs 3,029 crore in the quarter.
Adani Power Jharkhand Limited has reduced electricity supply to Bangladesh due to unpaid bills, leaving the country with an energy deficit of over 1,600 MW. The reduction in power supply was a result of Bangladesh’s failure to settle outstanding payments, as Adani Power requested in a notice to the Bangladesh Power Development Board. The company has now reverted to the original Power Purchase Agreement pricing, which has caused coal costs to increase, and has warned of claiming capacity payments during any period of supply suspension. In response, Adani Group chairman Gautam Adani has written to Bangladesh’s interim government to resolve the issue.
The passing of fashion icon Rohit Bal at the age of 63 on November 1 has left the industry in shock and mourning. Known for his unique blend of traditional patterns and modern sensibilities, Bal's impact on Indian fashion was immense. A-listers from Bollywood and fashion paid tribute to Bal's legacy and shared cherished memories on social media. From Sonam Kapoor's heartfelt message to Ananya Panday's touching photo with Bal, the fashion world is remembering the designer's elegance and innovation.
The ongoing feud between Ola CEO Bhavish Aggarwal and comedian Kunal Kamra has escalated with Aggarwal sharing a Diwali video of celebrations at an Ola showroom and Kamra challenging him to show footage of Ola’s service centres instead. Kamra has been vocal about Ola’s handling of customer complaints, while Aggarwal has responded defensively, drawing criticism from the public. Kamra’s posts have sparked widespread discussion and even caught the attention of government officials. Despite Ola’s claims of addressing complaints, the Department of Consumer Affairs is now investigating the matter.
In the midst of the festive season, auto companies in India saw a significant uptick in their stock prices on Friday as October sales data was released. The Nifty Auto index recorded a 1.5% intraday jump, led by major players like Mahindra & Mahindra, Eicher Motors, and Tata Motors. M&M in particular had a record-breaking month, with the highest ever monthly SUV sales. Other companies like Royal Enfield and Hyundai Motor India also saw impressive numbers, providing relief from previous concerns about sluggish demand in the industry.
In the spirit of Diwali, a son in Bengaluru gifted his mother an iPhone 15, surprising her with the latest edition of the popular device. This heart-warming moment was a dream come true for the son, who had always wanted to give his mother an iPhone, especially since she had been using an old and struggling phone for the past four years. Despite the Delhi government's ban on firecrackers, many areas in east and west Delhi reportedly violated the ban, leading to a severe dip in air quality. Similarly, Mumbai also saw a decline in air quality, with nine stations recording 'poor' levels, emphasizing the need for responsible and eco-friendly festivities.
The stock market kicked off the new Samvat Year 2081 with a strong start as the BSE Sensex rose nearly 448 points in a special Muhurat trading session. This increase was attributed to widespread buying by investors, with all of the index's constituents trading in the green. The 50-issue Nifty also saw a significant rise, with 47 of its constituents ending in the green. Major contributors to the Sensex's gains were Mahindra & Mahindra, Adani Ports, and Tata Motors.