We Wish to Build Globally Relevant SKY Gold: Akash Talesara
Israel’s Diamond Industry Under Severe Pressure
Did Natural Diamond Ind. Misjudge LGD Threat?
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Despite Collapsing Hike Odds, Rising Yields Kept Indian Gold, Silver Below Their Floors
Snap Shot: Most of the damage in the week ending 2 October landed before the good news arrived, and the good news then failed to repair it. August core PCE inflation, released on 30 September, rose 3.0% from a year earlier against expectations of 3.3%, helped partly by methodology changes at the Bureau of Economic Analysis. September payrolls on 2 October then added just 29,000 jobs against forecasts near 90,000, with unemployment at 4.2% and August revised down to 133,000
Top News
De Beers Maintains Outlook for Season
Gaborone: De Beers has maintained a flat forecast for diamond jewelry sales in 2015 despite this week’s slump in financial markets, according to Mr. Paul Rowley, head of global sightholder sales, reports Rapaport News. “One can’t ignore what’s happened on the financial markets in the past few days and weeks but we also see our product doing quite well in
Celebrate Your Rakhi with Precious Platinum
Mumbai: Rakhi, is a symbol of everlasting love, emotions and eternal bonding between a brother and sister. And what better than precious platinum to celebrate this bond. Symbolizing eternal love, platinum is a befitting gift your sister or your bother. With designs that are modern and elegant, platinum exuberates style and is fit to be worn every day. An everlasting
De Beers to Make Major Investment in Marketing
Gaborone: The De Beers Group of Companies announced on Tuesday that it will make a major investment in a holiday marketing campaign to generate increased consumer demand for diamond jewellery during the year-end holiday season. The additional marketing investment will be made in the US and China, the world’s two leading diamond jewellery markets. The campaign will target men purchasing
Portugal Joins Kimberley Process Certification
Lisbon: Portugal has joined the Kimberley Process certification scheme, according to the Official Journal of the European Union. The Kimberley Process Certification Scheme is an international governmental certification program that was set up to prevent the trade in diamonds that fund conflict. Established in January 2003, the scheme requires governments to certify that shipments of rough diamonds are free from
BDB Honoured with Excellence in Surveillance Award
Mumbai: Bharat Diamond Bourse (BDB), the world’s largest diamond trading hub, has been awarded the Excellence in Surveillance Award at the prestigious IFSEC India Awards 2025, in recognition of its outstanding leadership in security management and advanced surveillance practices. The IFSEC India Awards are among the most respected recognitions in the security and safety industry, celebrating organizations that demonstrate innovation,
Comprehensive Discussion on Govt. G&J Policy
Mumbai: Bharat Diamond Bourse (BDB), in association with the Gem & Jewellery Export Promotion Council (GJEPC), organized an exclusive awareness and outreach session on the Maharashtra Gems & Jewellery (G&J) Policy 2025. The event featured an engaging and insightful interaction with Mr. Deependra Singh Kushwah (IAS), Development Commissioner (Industries), Government of Maharashtra whose forward-looking perspective offered industry stakeholders a comprehensive
Piyush Goyal Inaugurates NEST 2 at SEEPZ
Mumbai: India’s Commerce and Industry Minister Mr. Piyush Goyal unveiled the NEST–02 (New Enterprises & Services Tower – Phase 2) at the Santacruz Electronics Export Processing Zone (SEEPZ) yesterday, calling for stronger partnership between industry and the government to boost efficiency, transparency, and skilling. Speaking at the event, Mr. Goyal said SEEPZ must mirror the rapid economic growth witnessed under
Mehul Choksi’s Extradition is Cleared by Belgium
Mumbai: Belgium’s top court has dismissed fugitive diamantaire Mehul Choksi’s appeal against his arrest in Antwerp, which was made on the basis of an extradition request from New Delhi, according to people familiar with the matter. The Belgian Court of Cassation — equivalent to India’s Supreme Court — heard Choksi’s plea in Brussels on Tuesday and ruled in favour of
