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
GemLead-A Landmark Collaboration between IIMA & GJC
Ahmedabad: The Indian Institute of Management Ahmedabad (IIMA), one of India’s premier management institutes, and the All India Gem and Jewellery Domestic Council (GJC), the country’s topmost jewellers’ representative body, yesterday begin a pioneering collaboration to launch “GemLead – Gems & Jewellery Executive Masterclass on Leadership, Excellence and Advanced Development.” This landmark initiative is designed exclusively for GJC members and
CIBJO Congress to be Held Under Patronage of France President
Milan: The Élysée Palace, the official seat of French head of state, has confirmed that the 2025 CIBJO Congress of the World Jewellery Confederation, which is scheduled to take place in Paris from October 27 to October 29, 2025, will be under the official patronage of Emmanuel Macron, the President of the Republic of France. The agreement of the French
1,800 Diamantaires Head to Antwerp for Auction
Antwerp: The Antwerp diamond district is notably busy this month, with eight diamond auctions taking place, including four running simultaneously during the first week of September. More than 1,800 diamantaires from all over the world are traveling to Antwerp to bid on 900 different parcels of rough diamonds. The Antwerp branch of diamond auction house Bonas is the only place
GJEPC Welcomes Drastic Reforms in GST
New Delhi: The Goods and Services Tax (GST) Council, in its 56th meeting yesterday, cleared the next-generation reforms under the eight-year old indirect tax regime. This effectively paves the way for a broad two-slab structure of 5 per cent and 18 per cent with a demerit rate of 40 per cent rate only for super luxury, sin and demerit goods.
Renewed Warning to 'Diamond Mixers' in India
Mumbai: In response to messages that have reportedly been circulating on social media about a number of leading Indian diamond companies said to be involved with recent mixing of synthetic and natural diamonds, India’s Gem and Jewellery Export Promotion Council (GJEPC) and the Surat Diamond Association (SDA) issued a joint statement this week warning of legal action against those caught
Mellier Supports Forevermark Brand Strategy
New York: Mr. Philippe Mellier, Chief Executive, De Beers Group, welcomed Forevermark partners during a private cocktail event in New York addressing the challenges and opportunities facing the diamond industry articulated in the 2014 Diamond Insight Report. The address culminated with attention to the strategic reasons behind the emergence of diamond brands and growth of Forevermark. Mr. Mellier said, “It
India Does not Plan New Gold Import Curbs
New Delhi: The government on Wednesday ruled out restoring of curbs on gold import, even as jewellers pressed for cutting Customs duties, reports Business Standard. After a recent spurt for three months, imports slumped in December and in the early days of January. Speaking to reporters after a meeting with representatives of the gems and jewellery sector in New Delhi
GJEPC Submits Pre-Budget Suggestions
New Delhi: Gem & Jewellery Export Promotion Council (GJEPC) Chairman Mr. Vipul Shah presented the pre-Budget wish list of the gem and jewellery export industry to Finance Minsiter Mr. Arun Jaitley at a meeting held in Delhi which was attended by representative trade and industry bodies from different sectors. The issues he raised were generally concerned with procedures of import,
