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
DSF 20th Anniversary to be Memorable
Dubai: The World Diamond Mark Foundation (WDMF), the Dubai Gold and Jewellery Group (DGJG) and the Dubai Events and Promotions Establishment (DEPE), an Agency of the Government of Dubai, have joined hands to make the 20th anniversary of the annual Dubai Shopping Festival, Dubai’s leading consumer shopping experience, a truly memorable event. In 2015, for the first time in its
Hallmarks Still Voluntary in India
New Delhi: The Bureau of Indian Standards Act (BIS Act, 1986) will enable hallmarking of precious metals and jewellery including gold by providing ‘legal recognition’ through amending the Act. On making the process mandatory, the Government will only take a call after further assessment of consumer needs by the Ministry of Consumer Affairs. The BIS, which will now be positioned
AWDC Wins Best Sustainability Report Award
Antwerp: On December 2nd, 2014 the 16th edition of the award ceremony for Best Belgian Sustainability Report took place. The Award is an initiative of the Belgian Institute of Registered Auditors. It encourages and rewards companies and organizations that, next to reporting on their economic and financial data, report on their activities in the framework of sustainable development in a
Argyle Raises Money for Women for Internship
London: A champagne diamond from Rio Tinto’s Argyle Diamond Mine has been used to raise funds to sponsor a female mining intern from London’s Imperial College. The Rio Tinto internship was announced at a ‘Women in Mining’ event on the side-lines of Europe’s leading mining investment and capital raising conference, the Mines and Money conference in London. Rio Tinto’s Diamonds
World Diamond Conference Delhi from 11th Dec
New Delhi: An impressive roster of national and international industry leaders of the diamond, jewellery and luxury product industry will be ascending to Delhi, India, on December 11-12to discuss and deliberate the future consumer market make-up for polished diamonds and diamond jewellery, and to understand what tools and measures are needed to enthuse new generations of consumer for diamonds. Gathering
Industry Proposals Discussed with GoI Official
Mumbai: On Saturday, November 29th, a delegation comprising members of the GJEPC and a BDB representative met with Joint Secretary, Department of Commerce, GoI. A presentation on the Bharat Diamond Bourse; and a comprehensive one on the Indian gem & jewellery industry were made to Dr. Mohapatra. The delegation had a detailed discussion on Presumptive Taxation, a long-time demand of
Surat Machinery Show Concluded with Success
Surat: The three-day India Gem & Jewellery Machinery Expo (IGJME) held at Surat drew to a close on Sunday with the flow of visitors peaking during the second half of the final day and exhibitors giving an overall positive rating to the second edition of the ‘machinery-only’ fair. While more than a few participants pointed out areas where improvement was
India Scraps 80:20 Norms
Mumbai: The Reserve Bank of India announced withdrawal on Friday with immediate effect of the gold import restrictions popularly known as the “80:20” scheme. Introduced in August last year to control the country’s widening current account deficit (CAD), the rule enjoined all gold importers to supply at least 20 per cent of the quantity brought in to jewellery exporters. Permission
