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
GII to Provide Diamond Detection Resource Center
Mumbai: Gemmological Institute of India (GII) a project of Gem & Jewellery Export Promotion Council (GJEPC), has established the Diamond Detection Resource Center (DDRC) with the help of Bharat Diamond Bourse (BDB) and GJEPC. The aims and objectives of the DDRC is to identify and certify Synthetic diamonds and help the industry with the necessary information related to the Synthetic
Gems & Jewellery to Come Under 'Make In India’
New Delhi: Government is likely to expand the scope of ‘Make in India’ programme by including five more sectors like gems and jewellery to boost growth in the manufacturing sector. The government has identified 25 sectors, including pharmaceuticals, automobiles, textiles, aviation, mining, chemicals, which have potential to make India a leader in their respective fields. “Five more sectors are expected
WDCI Concludes with Positive Note
New Delhi: The Gem & Jewellery Export Promotion Council (GJEPC), the apex body of gems and jewellery trade in India, in association with the Ministry of Commerce and Industry, GOI and World Diamond Mark Foundation (WDMF) organized the first ever-global congregation of Diamond leaders in India at the “World Diamond Conference” in New Delhi on December 11 and 12, 2014
FICCI and WGC Recommend Changes in Gold Policy
Mumbai: A recent report issued by the Federation of Indian Chambers of Commerce and Industry (FICCI) and the World Gold Council (WGC) has placed seven key recommendations before Indian policy makers which, it says, will help to monetize India’s large stock of household gold. The findings of the report entitled ‘Why India needs a gold policy’, is based on data
Global Diplomats Tour Antwerp’s Diamond Sector
Antwerp: On Wednesday, 150 diplomats descended upon Antwerp. In the context of the Diplomatic Day, organized by the City of Antwerp, they visited the Antwerp World Diamond Centre. Diamond Office, the beating heart of AWDC, attracted a lot of interest. Just like diamonds, diplomats travel around the world. Wherever they go, they transmit their knowledge. As diamonds are one of
Indian Diamantaires to Set Up Mfg Units in Ras Al Khaimah
Ras Al Khaimah: Officials from Ras Al Khaimah (UAE) and India’s leading diamantaires gathered for a high-level meeting recently at the Surat Diamond Association (SDA) premises, according to a press release. The Government of Ras Al Khaimah was represented by officials Alan Nixon – Associate Manager, International Business Development, Government of Ras Al Khaimah and Ashok Shridharan – CA, Government
Alrosa to Prospect for Zimbabwe Diamonds
Moscow: Diamond giant Alrosa is set to prospect for diamonds in Zimbabwe with DTZ-OZGEO, a Zimbabwe-Russia joint venture company. Reuters quoted Russia’s trade and industry minister Denis Manturov as saying that Alrosa and DTZ-OZGEO would prospect for diamonds throughout Zimbabwe. Currently diamonds were being mined in the south of the country by private company River Ranch, in central Zimbabwe by
Russia, Zimbabwe Ink $3bln Platinum Mining Deal
Moscow: Russia and Zimbabwe on September 16 signed Agreement of cooperation to develop platinum project in Darwendale near capital Harare. Russia’s investments amount to $3 billion. President Robert Mugabe and Russia’s Foreign Minister, Sergey Lavrov and Minister of Industry and Trade Denis Manturov oversaw the inking of the deal said to be the largest single foreign investment into Zimbabwe’s comatose
