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
Israel’s Diamond Exports Rose Slightly in 2014
Ramat Gan: In 2014, the Israeli Diamond Industry maintained its export achievements of 2013, with a slight rise of $160 million in total polished and rough exports, according to figures published by Israel Ministry of Economy’s Diamond Controller Shmuel Mordechai. Israel’s total combined exports of polished and rough diamonds stood at $9.324 billion in 2014, compared to $9.166 billion in
SRK Honors Dalai Lama with Santokbaa Award
Surat: Shree Ramkrishna founder and Chairman Govind Dholakia recently presented the “Santokbaa” award to the Dalai Lama during the spiritual leader’s visit to the company’s Surat manufacturing facility. The award, which is named in honor of Dholakia’s mother, is given to those who have “served society with compassion, truth, dedication and selflessness.” It was presented by O P Kohli, the
GJF Presents National Jewellery Awards on 21st Feb
Mumbai: The All India Gems and Jewellery Trade Federation (GJF), the national trade body for the promotion and growth of trade in Gems and Jewellery Industry across India, presents the most prestigious National Jewellery Awards (NJA 2015) in the gems & jewellery (G&J) industry. This annual award ceremony is aimed at recognizing the immense talent, innovation and creativity of its
India’s Gold Jewellery Demand to Rise 10% in 2015
Mumbai: According to independent rating agency ICRA, India’s gold jewellery demand next year is expected to touch $32 billion, rising 10%, Diamond World reports. This prediction is being linked to the progressive consumer sentiments. The agency notes that demand could rise in volume terms following the Indian government’s decisions to lift the 80:20 gold import rule, a more positive outlook
Entries Invited for Artisan Awards
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) has been recognizing and rewarding the best in jewellery design. The Artisan celebrates the highest levels of artistry, innovation and individuality, elevating jewellery designers to their rightful status of artists. The Artisan jewellery Design Awards 2014 invites India’s finest jewellery designers to push their design boundaries and reveal their utmost creativity
GJF Asks Finmin to Rationalize Duty
New Delhi: The All India Gems and Jewellery Trade Federation (GJF) has asked the government to at least double the gap between the import duties on raw gold and finished product to protect domestic manufacturers stressed by various curbs on raw material sourcing from overseas. In a meeting with the finance minister, senior executives of the association demanded the government
2nd Annual Banking Summit Held by GJEPC
Mumbai: India’s Gem & Jewellery Export Promotion Council (GJEPC) organized second annual Diamond, Gem & Jewellery Banking Summit-2014 on Saturday, 28th June 2014 in Mumbai. At the end of the Summit, a Work-Group was formed consisting representatives of India’s diamond sector, Banks and Export Credit Guarantee Corporation (ECGC) to suggest solutions to improve cordial relations among them. Delivering the inaugural
Stéphane Fischler Re-Elected President of AWDC
Antwerp: On Wednesday June 25, during the first meeting of the new Board of Directors of the Antwerp World Diamond Centre (AWDC) the Board members reelected Stéphane Fischler as President of the AWDC. The Board of Directors also appointed Kaushik Mehta as Vice-President, representing the trade, and Freddy Inzlicht as Vice-President representing the Bourses. In 2012, the by-laws of the
