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
GSI Issues India’s First Pigeon Blood Reports
Jaipur: Gemological Science International (GSI), one of the world’s largest gemological organizations, has begun issuing colored stone reports carrying recognized color trade names — Pigeon Blood for ruby, Royal Blue and Padparadscha for sapphire — in Jaipur and Mumbai. It is the first time such reports have been issued in India. The designations are granted only to untreated stones. Heated, diffused or otherwise enhanced material is
Sky Gold Enters MSCI India Domestic Small Cap Index
Mumbai: Sky Gold & Diamonds Ltd, one of India’s fast-growing jewellery manufacturers, has been added to the MSCI India Domestic Small Cap Index, as part of the latest index review announced by MSCI. The inclusion marks an important milestone for Sky Gold, reflecting the company’s growing presence and relevance within India’s listed small-cap universe. A key development during the current quarter
CIBJO Pays Tribute to Vasant Mehta
Milan: The World Jewellery Confederation (CIBJO) mourns the passing of Vasant Mehta, a prominent leader of the Indian diamond and jewellery industry, who passed away yesterday at the age 81. A former chairman of the Gem & Jewellery Export Promotion Council (GJEPC), a position he filled from 2008 to 2010 after two terms as vice chairman, he represented the Indian
Vasant Mehta, Illustrious Leader of G&J Industry Dies
Mumbai: The Indian gem and jewellery industry has lost one of its most respected statesmen. Vasant Mehta, former Chairman of the Gem & Jewellery Export Promotion Council (GJEPC), passed away today, leaving behind a remarkable legacy built over several decades of dedicated service to the industry. A second-generation diamantaire, Mehta graduated from Calcutta University and moved to Mumbai in 1966,
IGI’s IPO Opens on 13th December
Mumbai: International Gemmological Institute (India) Limited (“IGI” or “The Company”), shall open its Bid/Offer in relation to its initial public offer of Equity Shares on Friday, December 13, 2024. The total offer size of equity shares (face value of Rs. 2 each) aggregating up to Rs. 42,250 million [Rs. 4,225 crore] comprises a Fresh Issue of aggregating up to Rs. 14,750 million
GJEPC Discusses Industry Issues with CBIC
Mumbai: The leadership of the Gem and Jewellery Export Promotion Council (GJEPC) extended a warm welcome to Mr. Sanjay Kumar Agarwal, Chairman of the Central Board of Indirect Taxes & Customs (CBIC), along with Mrs. Prachi Saroop, Chief Commissioner of Customs, and Mr. Harish Dharnia, Commissioner of Customs, Mumbai, at the GJEPC office in Mumbai. The meeting aimed to foster
SRK Exports Presents Natural Diamond to Modi
New Delhi: On December 2, 2024, Surat-based diamantaire and Rajya Sabha MP Mr. Govind Dholakia honored India’s Prime Minister Mr. Narendra Modi with a remarkable natural diamond masterpiece, the “Navbharat Ratna.” Designed in the shape of India, this 2.12-carat diamond symbolizes the unity, brilliance, and enduring spirit of the nation. The creation of this extraordinary piece was undertaken by skilled
Rio’s Beyond Rare Diamond Tender Gets Strong Results
Perth: Rio Tinto’s second Beyond Rare tender has achieved a strong result, underscoring the rarity and unique provenance of the diamonds on offer. The auction, which featured some of the world’s most coveted natural fancy coloured diamonds, also showcased the continuing global demand for these rare treasures. The collection, which comprises 76 diamonds across 48 lots, included an exceptional mix
