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
Close Diamond Mining in Panna Tiger Reserve by '17
Bhopal: If the recent recommendations of the environment impact monitoring panel are accepted, the world-famous Panna diamond mines may have only three more years to bedazzle the world, reports Hindustan Times. Field director of Panna Tiger Reserve RS Murthy, who is a member of the monitoring committee, told HT that the committee met recently and came up with the recommendation
Rio Tinto Celebrates Chow Tai Fook Milestone
Beijing: Diamonds from Rio Tinto’s Argyle mine in Western Australia will be showcased across China in an unprecedented fashion from next month, headlined by a special white and champagne diamond encrusted tiara. The masterpiece, titled “Nature’s Glow”, has been crafted as a tribute to the strategic partnership between Rio Tinto and pre-eminent Chinese jeweller, Chow Tai Fook, on the occasion
ALROSA's President Steps Down
Moscow: On Monday, September 22, Fyodor Andreev stepped down from his president post “due to medical reasons”. Ilya Ryaschin, First Vice President of ALROSA, was appointed the acting President of the company. Company’s shares closed down 2.99% to 37.3 Rub. Later Rosimushchestvo released a press statement saying it “was sorry that Andreev had to leave ALROSA president post due to
IIDGR Displays New AMSD in Greater China
Hong Kong: The De Beers Group of Companies’ International Institute of Diamond Grading & Research (IIDGR) showcased the new Automated Melee Screening (AMS) device to great reception at this September’s Shenzhen International Jewellery Fair and Hong Kong Jewellery & Gem Fair. The new AMS device which can take up to 500 carats at once is a spectrometer based system that
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
Putin’s Visit Boosts India's Diamond Business
New Delhi: Recent visit of the President of Russian Federation Mr. Vladimir Putin to New Delhi has certainly boosted Indo-Russian ties in diamond sector. Mr. Putin along with Mr. Narendra Modi, Hon’ble Prime Minister of India visited Vigyan Bhavan today, the venue of on-going World Diamond Conference in in New Delhi to enhance the morals of the delegates. Mr. Narendra
