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

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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

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India Planning Diamond Hub in Mumbai

New Delhi: The government is discussing a plan to set up a special zone with tax benefits for diamond import and trading in Mumbai, to try and develop the country’s financial capital as a rival to Antwerp and Dubai, which are currently trading hubs for the precious stone, reports The Times of India. Commerce & industry minister Nirmala Sitharaman held

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Reports about Diamond Discount Baseless: GJEPC

Mumbai: The GJEPC issued a strong rebuttal of media reports that Indian diamond companies were offering discounts of between 5 % to 20% as a fall-out of the closure of the Antwerp Diamond Bank (ADB) saying that the reports were “not only false but also baseless with news being reported without substantial understanding of the functionary guidelines of bank’s trade

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Tendulkar Presents Cricket Kits to Kids on Behalf of Jewellers For Hope

Mumbai: Iconic cricketer Sachin Tendulkar today presented complete cricket kits to six children suffering from life threatening medical conditions on behalf of Jewellers for Hope and Make a Wish Foundation, India. The presentation took place at the residence of the cricketing legend on October 9. Colin Shah and Ashish Kothari represented the Jewellers for Hope and Deepak Bhatia, CEO attended

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Zimbabwe Diamond Conference from 6th Nov 2014

Harare: The Second Zimbabwe Diamond Conference to take place next month will present the progress made by the country’s diamond industry following its admission as a member of the Kimberley Process Certification Scheme (KPCS) in 2011. The inaugural Zimbabwe Diamond Conference took place at Victoria Falls in November, 2012. The importance to the global diamond industry of the developing Zimbabwe

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IIJS Premiere Launches 3D Stall Configurator

Mumbai: IIJS Premiere 2024 announces the launch of its most unique feature yet: the 3D STALL CONFIGURATOR, now live within the exhibitor manual. This innovative tool allows exhibitors to visualise and customise their stall layouts in a fully interactive 3D environment. With the 3D Stall Configurator, exhibitors can select from a variety of stall layout and additional stand fittings, including Showcases, Wall

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Isidore Mörsel Re-Elected President of AWDC

Antwerp: In the wake of Antwerp World Diamond Centre’s (AWDC) Board elections held two weeks ago, the organization recently announces the confirmation of Isidore Mörsel as President of the Board. Mörsel succeeds himself while Ravi Bhansali, who is joining AWDC’s Board for the first time, was appointed Vice-President. Isidore Mörsel, who is deeply respected within the Antwerp diamond community and

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JOSH Convocation Ceremony Held

Mumbai: JOSH (Jewellery Occupational Skilling Hub) an initiative of GJSCI which Imparts Skills to individuals which primarily focuses on Training Candidates from deprived backgrounds of Society.  A Convocation ceremony was held on 27th June, 2024 to felicitate 115 candidates, the pass outs of the 7th Regular batch of Candidates as well as the 1st batch of students from the Specially

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Piyush Goyal Commends Bharat Ratnam’s world-class status

Mumbai: India’s Minister Piyush Goyal visited Bharat Ratnam – Mega CFC on June 29th 2024, a project of the Gem & Jewellery Export Promotion Council (GJEPC) and SEEPZ. During the event, GJEPC highlighted its strategic initiatives, which have significantly contributed to the resilience, growth, and stability of the Indian gem and jewellery industry amidst global challenges. The event, held at the

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