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
Pure Gold Group to Invest $150 Million in India
Dubai: The UAE-based Pure Gold Group has announced plans to invest $150 million in India in three major business sectors – retail, manufacturing (diamond and gold jewelry) and hospitality over the next three years. The group currently has 25 retail jewelry outlets in India under its flagship brand Pure Gold Jewellers. “We believe in Indian economy’s strong long-term outlook. This
Zimbabwe to Set up Diamond Cutting Centre
Harare: Zimbabwe’s ruling party Zanu-PF is reportedly planning to set up a diamond cutting and polishing centre in the eastern town of Mutare. The Daily News quoted the party’s Manicaland acting provincial chairperson Samuel Undenge as saying that a holding company was in the process of being registered. “As a party, we have decided to have a diamond cutting and
Maharashtra CM Assures Full Support to G&J Ind
Mumbai: The Chief Minister of Maharashtra Mr. Devendra Fadnavis has assured the gem and jewellery industry of complete support from his government and promised a speedy solution that will allow exporters to provide bank guarantees instead of upfront payment on VAT charged on gold. He was speaking as Chief Guest at the 41st India Gem and Jewellery Awards (IGJA 2014)
Falling Oil Prices to Spur Diamond Demand in India
Mumbai: De Beers is optimistic about an increase in demand for diamonds in India and US in 2015 following the downwardly trending oil prices. It expects the slide in oil prices to turbo charge the diamond consumer markets, according to a report published in The Times of India. At the recent reception to mark the first 12 months of sightholder
GJEPC Launches 'Jewellers for Hope' Campaign
Mumbai: For the first time, the Gems and Jewellery Export Promotion Council (GJEPC) has initiated its first edition of ‘Jewellers for Hope’ campaign, a CSR activity with an objective to build a CSR fund that will be used to support various social causes. A charity dinner has been hosted by the GJEPC in Mumbai’s Grand Hyatt on Friday for the
Sonam Kapoor Walks on Ramp to End IIJW
Mumbai: The 5th edition of 4-day India International Jewellery Week (IIJW) ended with a grand finale wherein Best of the Best Collections were displayed by gorgeous models. The ramp was set on fire when Brand Ambassador of Gem & Jewellery Export Promotion Council (GJEPC) and cute Bollywood actress Sonam Kapoor walked at the grand finale of the IIJW 2014 held
31st Edition of the IIJS Inaugurated
Mumbai: The Gem & Jewellery Export Promotion Council (GJEPC) inaugurated the 31st Edition of India International Jewellery Show today at Bombay Exhibition Centre, Goregaon – the paramount show for the trade in Asia. The show is being organized from 17th to 21st July 2014 and will have 35000 visitors, over 850 plus exhibitors and 1800 booths from India and Overseas.
De Beers Probe into Data Leak is Nearing End
Gaborone: DE BEERS Consolidated Mines (DBCM) is close to completing a probe into the leak of sensitive data about its pricing of rough diamonds and details of sales to South African clients, company CEO Philip Barton has said. There was a leak of the De Beers price book, which contains diamond valuation data and customer details and invoices in South
